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If you are sick and tired of the phonecalls, the threatening letters, or perhaps you are just struggling to maintain your regular payments, DebtBuffer can help make all this hassle STOP.

You simply need to know what your real options are & whether you can write off some, or all of your debts. It’s up to you to take charge, not the debt collectors!

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SLL Capital Debt Collection

SLL Capital is a debt collections agency set up in 1989. SLL Capital is a member of the Credit Services Association (CSA), which has programmes to ensure debt collectors act fairly. They are also approved by the Financial Conduct Authority (FCA) to collect debt.

Who is SLL Capital?

SLL Capital is a debt collections agency set up in 1989.

Why is SLL Capital chasing me?

If you have been contacted by SLL Capital, it’s because one of their clients believe that you owe money to them. The name of the creditor may not always be the same as the institution that you owe money to.

Is SLL Capital a legitimate debt collector?

SLL Capital is a member of the Credit Services Association (CSA), which has programmes to ensure debt collectors act fairly. They are also approved by the Financial Conduct Authority (FCA) to collect debt.

Who does SLL Capital collect for?

They collect for a lot of different companies and institutions, including HMRC. Many telecoms providers such as Virgin Media, o2, EE and Npower use SLL Capital to recover debt.

Should I ignore SLL Capital’s letters or calls?

Ignoring the problem won’t make it go away. Your best course of action is to seek advice. Our AI chatbot can help you do this.

Can I stop SLL Capital from contacting me?

You can request that they only contact you via one preferred method. If you request that they only contact you by post, this gives you some space to consider your next move. This also prevents you from being contacted at times when it would be difficult to maintain privacy and ensures that you aren’t pressured into agreeing to anything on the spot.

Is my debt to SLL Capital debt statute-barred?

If the debt is more than six years’ old, it may be. However, if a County Court Judgement (CCJ) has been registered against you in respect of this debt, you may still be liable.

I owe the debt and I can afford to pay SLL Capital. Should I?

If you accept that the debt is yours, the best course of action is usually to set up a payment plan with SLL Capital or reach a settlement. Do not be pressured into committing to a payment plan that will leave you with insufficient money to live on, or that could get you into further debt.

I can’t afford to pay SLL Capital. What now?

If you are in financial difficulty, tell them that you are seeking advice and SLL Capital may pause action against you.

Anyone who has had a debt collection action issued against them can legally ask SLL Capital to allow 30 days’ breathing space to consider their options and seek advice. Our Letter Writing Service can assist you in this. This will give you time to find a realistic solution to your problem or investigate the debt further to establish that you are definitely liable for it.

How Debt Buffer Helps

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Can I write off my SLL Capital debts?

You could be eligible for an Individual Voluntary Agreement (IVA). This can be a good option if you own a business or have more than one collection agency or creditor chasing you for payment.

Once you have set up an IVA, SLL Capital will not be able to take action against you for the debt. However, you must keep up the agreed repayments or the IVA practitioner can cancel the agreement and even make you bankrupt.

If you stick to the IVA payments, the information is removed three months after completion.

What action can SLL Capital take?

As a debt collection agency, SLL Capital only has the same legal powers as the original creditor. SLL Capital are not bailiffs and do not have the power to enter your home uninvited or remove goods. The only action they are legally allowed to take in person is to knock on your door and ask you to pay. You do not have to make a payment on the spot if this happens, and they cannot force you to do so.

They will usually start contacting you via the post or by phone and will ask you either to settle the debt or set up a payment plan. You can limit the contact you receive from them by stating your preferred method of contact.

Could my SLL Capital debts mean that I lose my home?

Since most of the debts SLL Capital deal with are unsecured debts, this is very unlikely.

Your debt will not be secured against an asset, but in extreme circumstances, SLL Capital could apply to the court for a Charging Order. This would secure the debt against your home, but they would also need to successfully apply for a CCJ against you to do this.

How do I make a complaint about SLL Capital?

If you think that SLL Capital has treated you unfairly, your first step is to register a complaint with them. Their details are:

Phone: 020 8253 4131
Email: mark@sllcapital.co.uk
Post: Unit 6B ZK Park, 23 Commerce Way, Croydon, CR0 4ZS

If you are unhappy with their response, you should then contact the
Financial Ombudsman Service or CSA:

Phone: 0300 1239 123
Email: complaint.info@financial-ombudsman.org.uk
Post: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR

Phone: 0191 2170 775
Email: complaints@csa-uk.com
Post: Credit Services Association Ltd, 2 Esh Plaza, Sir Bobby Robson
Way, Great Park, Newcastle Upon Tyne, NE13 9BA

DebtBuffer is here to assist you in achieving debt freedom. Explore our site for more information on how to manage personal debt and ensure that you are treated fairly throughout the process. Get expert help in writing letters to create time and space to resolve debt issues. Our AI chatbot can assess your situation by asking questions and telling you which solutions will help you to take back control of your life and money.

Frequently Asked Questions about needing Debt Help

What is the best way of dealing with my debts?

If you are struggling with debts that are impacting you or your families quality of life then simply put, its time to put yourself first and make some clinical and calculated financial decisions. If you are being chased by collections agencies or have bailiffs banging on the front door, its a terribly stressful situation and no way to live. Our simple advice to anyone in this situation is seek the route that most easily takes away the stresses of being chased for debts and allows you to enjoy more of your income. Our priority is helping you find a solution that creates a buffer between you and your debts.

What is an IVA?

Depending on your circumstances you might be eligible to take out a Government approved scheme for reducing your monthly debt payments and writing off up to 90% of your debts at the end of the scheme. Your creditors have to agree and you must have more than £6000 of debt and enough income to be able to meet your new agreed payment. Read our guide to IVA’s for more details

Is an IVA worth it?

That’s going to depend on your individual circumstances and whether or not the various pro’s and con’s of an IVA are worth it for you. For most people who simply cannot carry on with debt that has become unmanageable, being able to reduce payments down to an agreed fixed amount that you can certainly afford, and at the end of the fixed period having the bulk of your debts written off is certainly worth it. However, careful consideration needs to be given to other solutions such as Bankruptcy, Debt Management Plans or Debt consolidation loans or mortgages. Everyone is different so you must put yourself and your needs first.

How does an IVA work?

An Individual Voluntary Arrangement, or IVA, is a formal, legally binding debt solution, which is a form of insolvency. It must be administered by a licensed Insolvency Practitioner. As an alternative to becoming Bankrupt, It allows you to potentially write-off up to 90% of your existing debts, based on what you can reasonably afford to repay. The exact amount will vary depending on your personal circumstances, and who you choose to arrange your IVA.
An IVA commits you to monthly repayments over 5 or 6 years, which are distributed among your creditors. Any debts remaining after this period will then be written off. The payments will take into account your monthly income to ensure that the IVA is realistic and affordable.

WHY PAY MORE?

26 years & 8 months, that’s how long it will take someone to pay off the average UK credit card debt, just on minimum payments.

If you are drowning in debt and are being forced to choose debt payments over food, clothes or rent, it’s time to take back control of your life and your money.

Put yourself first, get back in control of your finances.

Choose DebtBuffer, Choose life.

Are you ready?

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