Had an official letter through the post saying Cabot "own" my Santander account and owe them £326.15 with a threat to spoil my credit record if I don't pay. I have never had a Santander account. They obviously buy a load of bad debt at pennies in the pound and try to collect enough of it to make a profit - shitty business. In my case trying to pin the debt on someone unconnected with the account with official looking paperwork. I can fight it but if I were elderly or vulnerable I might think I should pay it.
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Our mission is to help each and every customer to financial recovery. We help thousands of customers take their first step to help them manage their accounts.
As many of our satisfied customers will tell you, we know that everyone’s situation is different and we treat people as individuals. We offer a range of credit management solutions for every customer so they can repay what they owe, but not have to put their lives on hold while doing so.
Established in 1998, Cabot Financial is one of the most respected debt purchase companies in the UK. We are part of the Cabot Credit Management Group, who are authorised by the Financial Conduct Authority.See more