Debt with Tower Capital? – Do not pay them directly
If your debt with Tower Capital is no longer affordable, you may be able to write them off
Have Tower Capital recently sent you a letter about debts which they demand are owed to them?We hear this every day.
In fact, there are millions of people who are struggling with debt and are being chased aggressively by debt collectors. But even still, this can be a very stressful time.We are here to help you.
In this site we will discuss the steps you need to take to stop Tower Capital in their tracks. By the end of this article you will know the steps you need to take to get your money back on track and at the same time, stop debt collectors from contacting you.
But first, lets look at who Tower Capital are, why they contacted you and show you what to do next…
Who are Tower Capital?
Tower Capital are a debt collection company based in the United Kingdom. Their full company name is Aberdeen Financial Limited. They are registered with the Financial Conduct Authority (FCA) to collect debts in England, Wales, Scotland and Northern Ireland.
Tower Capital purchase debts from other companies at a reduced rate and use their own debt collection staff to follow-up customers for the debt. They also employ field agents, who may visit your home to collect debts.
In this case, here is what you should do …
I have been contacted by Tower Capital, what should I do?
First of all, don’t panic. We are here to help you to get back on track.
It is tempting just to ignore the first letter and hope the matter sorts itself out. But in truth, it never does. You should take action immediately, before fees and charges increase further.
What happens next?
Not only will they call you a lot of times, they will no doubt look to visit your house if you are not in contact with them. Of course this is very concerning and some people can find this scary, but it can be stopped.
When you are at this point, you need to speak to an Independent Debt Advisor. There are many benefits of this, doing it sooner rather than later will no doubt help you in the long run (and avoid any unnecessary home visits).
An Independent Debt Advisor will:
- look at the debts you currently have
- assess the assets which you own (such as houses, savings and shares)
If you do not act now, debt collectors and bailiffs can look at escalating the matter further. Which can include:
- home visits
- car repossession
- they can remove goods from your home to pay for the debt (with the necessary court order)
What about if I choose to ignore Tower Capital?
If a debt collector or Enforcement Agent has tried to make contact with you a number of times, the next logical step for them would be to visit your property to make contract.
What do I do if Tower Capital visit my home?
It is not uncommon for debt collectors to visit your home to collect debts.
If they have, or if they have set an appointment to visit then you should follow these steps:
- remove any vehicles from the driveway to a safe place
- make sure all doors and windows are locked and shut
- do not allow them access to the property (they are not permitted to push past you)
- contact us before they arrive
What rights do Tower Capital have?
The simple answer is, not many – to start with.
As a debt collector, they have similar rights as the original creditor do.
At first they can:
- send you letters
- call you
- send you emails
- text you
- visit your home
Knowing Your Options
Who can I go to for help?
If you are struggling to repay your debts and you are being chased by debt collectors, like Tower Capital then you should seek independent debt advice as soon as you can.
The following companies may be able to help you:
Get help with Tower Capital
If you are struggling to pay your debt with Tower Capital, seek Independent Financial Advice now.
Tower Capital Details
If you want to get in touch with Tower Capital directly, you can contact directly using the details below:
23 Vernon Road, Leigh-On-Sea, United Kingdom, SS9 2NG
+44 20 7098 9800
Via their website:
31 January 2019
Company Registration Number:
If you would like to make a complaint about Tower Capital, you can contact the Financial Ombudsman Service or speak to the CSA, which is the trade association for the Debt Collection industry.