Debt Ltd Assistance
Do You Need Some Help?
General
Debt Ltd is currently reviewing the information on these pages in order to ensure the best & clearest possible explanations we can give you. In the meantime, if you have any questions, you may call us.
Logging In
Currently, only members of staff can log into the Debt Ltd intranet. When they fill in cases for us, clients will be asked to provide a username & password. This is so that once we have enabled clients to log in, they will be adequately prepared.
Security & Banking
Debt Ltd's system is extremely secure. When we take information from you, we always create a secure, encrypted 128-bit SSL connection. We also make use of specialised BACS software from a supplier approved by HSBC.
Collection Services
How does the Debt Ltd fee structure work?
Debt Ltd charges £100 + VAT for the first £1,000 of debt. This includes a report. On any debt over £1,000, a 10% commission is retained by Debt Ltd, and the client receives the remainder via BACS.
It may be best to explain this by an example. Let's say you have a £3,000 debt you'd like us to collect. On a £3,000 debt the first £1,000 is charged the £100 + VAT report fee; this also includes the collection commission. On the balance of £2,000 the 10% collection commission is charged. So in this case, Debt Ltd would charge a total of £100 + 10% of £2,000 = £300 + VAT.