Who are Apex Credit Management?
Apex Credit Management are a debt recovery company that buys "bad debts" from banks, credit card companies, other lenders and utitity companies at a discounted rate. They then chase the debtor for the full amount of the original debt.
The original creditor will have sold the debt to Apex Credit Management. The debt collection agency typically pay as little as 10p for every pound of debt they buy, but will chase you for the full amount of the original debt plus interest and costs.
So the chances are they are calling or writing to you because they have purchased your debt from the original lender, like Barclays, Lloyds TSB etc. They now own the debt and believe you owe money.
They collect Self Assessment debts on behalf of HMRC if you don't pay your tax bill .
They may be contacting you to collect Tax Credits Overpayments on behalf of HMRC. If you need help with this you can read our full guide to Tax Credit Overpayments here.
They also collect debts on behalf of companies like Lloyds Banking Group, RBS, Lombard, Barclaycard, Barclays and the like.
Apex Credit Management are part of the Cabot Credit Management Group, who are one of the UK's largest debt collection companies.
If you have been contacted by them, you have to make a decision on how to deal with them.
Do you actually owe them any money?
Apex Credit Management are just a debt collection agency, and therefore have to provide clear evidence that you owe the money.
Just because they keep calling or are writing you letters stating that you owe them money, does not mean you actually do. YOU MUST CHECK!
How old is the debt they are collecting?
It could be statute barred, which means you no longer owe it.
If you do owe them money then do not enter into an agreement with them before you have taken advice.
This will make sure that they can prove that you actually owe the debt, and if so, that you get an agreement which is affordable for you.
Too often people are pressurised into paying the amount the debt collection agency want them to pay, even if they really can't afford to pay that much each week or month.
Our experts deal with Apex Credit Management and Cabot every day, and can quickly help you determine if the debt is statute barred, in which case you won't have to pay anything.
If you do owe the money then we can also give you a FREE financial assessment, which you can then send to Apex Credit Management.
This will make sure that if you do owe them money you onlt enter an agreement to repay on YOUR TERMS, at a rate you CAN AFFORD, rather than the one they may suggest.
Even if you have already entered an agreement with them, we may still be able to help you if you are struggling with the current payments.
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What can Apex Debt Collectors do?
Debt collectors like Apex must follow the strict debt collection guidance that are laid down by the FCA (Financial Conduct Authority)
The FCAs debt collection rules and guidance sets out minimum standards that all authorised companies involved in debt recovery and debt collection must adhere to in order to be considered fit to operate as a debt collector.
Therefore, under the rules laid down by the FCA, Apex Credit Management can not claim unfair or excessive collection charges, they can not harrass you, they can't threaten to seize your property (when lawfully they cannot), they can not bypass an appointed representative and contact you directly. The FCA also bans debt collectors from threatening legal action when it is unlikely to take place.
If you're one of the many people being sent constant letters, text messages and not answering your phone without looking at "whocallssme.com" in order to avoid the many (and we mean MANY) phone calls by Apex. Or if you have received a letter about a debt you don't recognise or think you've paid off, or if you are struggling to repay Apex debt, fill in our simple form and we’ll call you back to see if we can help.
You can also read our "11 steps to deal with debt collectors". This guide explains exactly what they can do and how to dispute a debt and how to handle their calls and letters.
Apex Credit Management Debt Collector Contact Details:
- Company Name: Apex Credit Management Limited
- Other Names: Apex Credit Management, Cabot Credit Management Group
27 Arden Street
Stratford upon Avon
- Phone: 0345 849 8889, 02476 757 299
- Fax: NONE ON FILE
- Website: www.apexcm.co.uk
- Email: [email protected]
Numbers they call from:
Please note that we are not associated with Apex Credit Management Limited in any way. The information on this page is provided to help people contact their creditors.
If you’re finding it difficult to make your monthly payments to Apex Credit Management Limited you may need help looking at your budget and managing your debt. We deal with such companies all day, every day and we know exactly how to approach them. If you’re struggling to repay a debt and would like us to deal with Apex on your behalf, or simply need a bit of advice, just click on the GET HELP NOW button below.
Need Help With Apex Credit Management?
If you want more help on dealing with Apex, call our FREE Helpline on 0800 368 8231 (freephone, including all mobiles) or take the online debt test and find your best solution.