If you have been contacted by Westcot Credit Services, this may be because they have been employed to chase your debt from the provider you owe money towards. The company will make a payment towards them for taking over the debt collection process. From this point onwards Westcot Credit Services will be solely responsible for chasing payment.
What can Westcot Credit Services do to collect payment?
As a debt collection provider, Westcott Credit Services can be more persistent in their methods when it comes to collecting payment. As they specialise in this service, they have more time and resources to use when it comes to contacting you to request payment. This could mean you could expect to receive multiple phone calls or letters from them.
It is important to be mindful that debt collection services are regulated by the Financial Conduct Authority (FCA) and must abide to certain regulations in place regarding how their interactions with you and what they are legally able to do. If you avoid their attempts at contacting you, then they can enforce measures such as interest charges and extra fees on top of your current debt.
According to Scottish law, you can receive an Earnings Arrestment against you if you fail to repay debts. This would mean the courts would subtract debt payments from your monthly income until it is resolved. If you have the chance to prevent this occurring, you should act before any further measures are introduced.
At Scotland Debt Solutions, our team understand the difficulty of situation which you may be going through and can offer expert services to contact Wescot Credit Services and manage liaison on your behalf.
