SRJ Debt Recoveries Ltd Debt Collectors is a debt purchasing company or debt collecting company in the website of DBSG (The Debt Buyers and Sellers Group) and/or mentioned in consumer finance forms. They have a legitimate function as debt collectors, but there is some indication that some such companies (not necessarily SRJ Debt Recoveries), and especially the debt purchasing element, go a bit too far sometimes and can make people’s lives a misery when those same people are at their most vulnerable. We do not suggest that they are acting outside the law, but getting that letter or phone call is not exactly helpful to you right now.
Read what to do if you can’t pay back your debt.
So the first thing you must do if SRJ Debt Recoveries Ltd are bothering you is not to panic or despair. That’s just what they want! They’d love you to call their number and speak to their specially trained sales team for ‘advice’. But once you do that you’ll be suggestible to whatever they tell you, instead of getting independent advice. While we always say that you should keep an open dialogue with debt collectors, we would recommend that you do so in writing only. This will prevent them ‘railroading’ you into any action which is not in your best interests, as they so love talking people into doing things on the spur of the moment. Of course, they are only doing their job, but that’s hardly a consolation for you in the present situation.
See my most popular post on how to get a refund.
Who are SRJ Debt Recoveries Ltd?
SRJ Debt Recoveries is registered in the UK and assists with debt collecting and management on behalf of companies. The company is part of Fredrickson international.
There are several courses that are open to you, and some will suit your own situation better than others.
A sensible option, we would suggest, is a debt management plan or even an IVA – which is designed to actually write off a large chunk of your unsecured debt. But you would need to take advice on this and look at your income and expenditure in detail. This option won’t suit everyone. There’s more on this below.
For an alternative you could apply for a ‘logbook loan’ which many people find a very handy option. It is actually a loan secured on your car, except you get to keep the car and keep the cash as well! That’s why some people find it such a good idea, as it unlocks the equity in your vehicle without taking away your means of transport (there’s no need to sell the car).
Yet another option is a no credit-check guarantor loan. This is especially useful because your own credit rating is not looked at; you must find someone else willing to act as a guarantor for you such as a friend or family member. This is an ideal solution if you’re at the stage where your credit profile has been downgraded by recent events, etc. So click the following link for Unsecured Loans that don’t need you to be credit checked.
If you wanted to try a debt management plan, then we provide a whole-of-market service, with a number of debt management experts on our panel. So whatever your circumstances, your application will find the plan for you, meaning the optimum outcome for your situation. It also means there are no minimum requirements for debt levels or income.
SRJ Debt Recoveries Ltd Contact Information
Name: SRJ Debt Recoveries Ltd
Also Known As: SRJ Debt Collectors Ltd, SRJ Debt Recoveries Woking, SRJ Woking, etc.
Address: 16 Boundary Business Centre, Boundary Way, Woking GU21 5DH
Telephone: 0845 3137351
Fax: 0845 8396325
Email: department @srjdebt.com
Extra Data: In the ‘Litigation Services’ section of their website they mention their close link with Bryan Carter & Co (q.v., the ‘letterheads for hire’ lawyers), which about says it all.
SRJ Debt Recoveries Ltd and the Truth About Your Debt
SRJ Debt Recoveries Limited is a debt collecting agency which has bought a debt account from the original creditor (or in some cases an intermediary or third party) for around a tenth or less of the original value of the debt and is brazenly trying to get the full value of the original loan from you.
SRJ Debt Recoveries Ltd will use all sorts of methods to get you to set up a direct debit or standing order in order to profit from people’s ignorance of the law. You may have already experienced bad dealings with them. They may phone you at strange times and do so several times a day. They may be sending you official-appearing nastily worded letters threatening that they will come round to collect the money in full or that they will take you to court. Other tactics may involve saying that they will make a charging order on your home or in some way bring about your destitution.
So ask SRJ Debt Recoveries Ltd for a copy of the original contract when you took out your loan or credit card.
To find out if you qualify for an IVA or can benefit from a debt management programme, try the IVA Test. It’s free to apply, and again you are protected by the consumer laws regarding debt management at all stages. Click here to go to the application form.
More Data On SRJ Debt Recoveries Ltd
If you have any information that you would like honest people to know about SRJ Debt Recoveries Ltd then send us an email in complete confidence and we will try to corroborate it with the clowns involved.