Featured in...
Dashboard
Debt Info
Debt Collectors

Newman and Company Ltd Debt Collectors – Do You Need to Pay?

Scott Nelson Profile Picture Janine Marsh Profile Picture
By
Scott
Scott Nelson Profile Picture

Scott Nelson

Managing Director

MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.

Learn more about Scott
&
Janine
Janine Marsh Profile Picture

Janine Marsh

Financial Expert

Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.

Learn more about Janine
· Feb 6th, 2024
Could you legally write off some debt? Answer below to get started.

Total amount of debt?

This isn’t a full fact find, MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

Featured in...
newman-and-company-debt-collectors

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

If you’ve received a letter from Newman and Company Ltd Debt Collectors, don’t worry. You might be feeling confused, questioning where this debt has come from, or worried about whether you can afford to pay.

You’re not alone in this. Over 170,000 people each month visit our website for advice on matters just like this one.

In this helpful guide, we’ll:

  •  Explain who Newman and Company Ltd Debt Collectors are.
  •  Guide you on how to find out if the debt is really yours.
  •  Determine if it’s possible to ignore or appeal against Newman and Company.
  •  Show ways to stop them from chasing you too much.
  • Explain options for making payment plans or even clearing off your debt.

Some of our team have been in your shoes, dealing with debt collectors, so we understand how scary it can feel. We’re here to help you figure things out.

Could you legally write off some debt?

There are several debt solutions in the UK, choosing the right one for you could write off some of your unaffordable debt, but the wrong one may be expensive and drawn out.

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

What are the next steps?

If you are dealing with debt collectors, and wondering what the possibilities are to handle the situation, these are some actions you can take.

The first option is to enter into a debt management plan or an IVA, which will allow you to pay back the debt in a single monthly payment, with the ability to write off some of the debt within a specific period of time. This option is not for everyone though, so it is worth seeking advice before signing up to an IVA.

You may also want to consider a ‘logbook loan’ which is another popular option. This is a loan which you get on your car, you don’t need to give up your car and you get the money too. You get the equity on the car, but you retain it. A great option if you need money, but don’t want to part with your vehicle! To apply for a logbook loan click here.

In addition, you could consider a no credit-check guarantor loan. This is where you get someone else to be a guarantor for the loan, i.e. they take responsibility for it, and your credit rating is not taken into account. The guarantor would usually be a friend or family member. This is ideal if you have a lower credit score, and are concerned that you wouldn’t be able to get it on your score alone. Click on this link for Unsecured Loans, that won’t require a credit check.

You can also try a debt management plan, and we will be able to provide a whole-of-market service, with a wide range of debt management experts available on our panel. Regardless of your circumstances, your application will allow you to source the right plans for you. You won’t need a specific level of debt or income to be able to use this option.

» TAKE ACTION NOW: Fill out the short debt form

Newman and Company Debt Collectors and the Truth About Your Debt

There are a few things you can do to ensure that things are as difficult for them as possible with the various tactics of Newman and Company Ltd. You can bar their phone number permanently, or you could go the other way and record their phone conversations, you can write to them telling them not to call round at your home or any combination of these things (all these template letters can be freely downloaded from the web site).

So ask Newman and Company Ltd for a copy of the original contract when you took out your loan or credit card.

How a debt solution could help

Some debt solutions can:

  1. Stop nasty calls from creditors
  2. Freeze interest and charges
  3. Reduce your monthly payments

A few debt solutions can even result in writing off some of your debt.

Here’s an example:


Situation

Monthly income £2,504
Monthly expenses £2,345
Total debt £32,049

Monthly debt repayments

Before £587
After £158

£429 reduction in monthly payments

If you want to learn what debt solutions are available to you, click the button below to get started.

Get Started

More Information On Newman and Company Ltd

If you can provide any additional information on Newman and Company Ltd Debt Collectors, we would be more than happy to take a look! You can send us an email, and anything you tell us will be in confidence. We will try and look into the situation and find out more about these debt collectors.

Newman and Company Ltd Contact Details

Also Known As: Newman and Company, Newman & Co Debt Collectors, Newman and Company Debt Collection
Address: Newman and Company Ltd, Limewood House, Limewood Way, LEEDS LS14 1AB
Telephone: +44 8453 304800
Fax: 0113 306 069
Email: [email protected]
Website: www.newman-dca.com

Thousands have already tackled their debt

Every day our partners, The Debt Advice Service, help people find out whether they can lower their repayments and finally tackle or write off some of their debt.

Natasha

I’d recommend this firm to anyone struggling with debt – my mind has been put to rest, all is getting sorted.

Get started

Reviews shown are for The Debt Advice Service.

Other Debt Collectors to look for on your Credit Report

There are hundreds of debt collectors in the UK and they each collect for different companies.

It’s surprisingly easy to not notice that you’re in a debt collector’s crosshairs.


I’d suggest you spend time checking your credit report. If a debt collector purchases any of your debt, it will appear on your credit report.

Some of the biggest to look out for include Cabot, PRA Group, and Lowell.

So if you see anything relating to their names, then you’ll need to investigate further.

Could you legally write off some debt?

Answer below to get started.

How much debt do you have?

This isn’t a full fact find, MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

References

CONC 7.3 Treatment of customers in default or arrears (including repossessions): lenders, owners and debt collectors

CONC 7.9 Contact with customers

The authors
Scott Nelson Profile Picture
Author
MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.
Janine Marsh Profile Picture
Debt Expert
Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.