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Finance Link – How Link Financial Collects Debt

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Finance Link is part of a global group that is a trusted provider of standby and outsourced loan management solutions. Since 1998, the company has worked with financial institutions across Europe, servicing over four million accounts. In the UK, it provides services for a broad range of credit lines. It is regulated by the Financial Conduct Authority (FCA) and is a member of the Finance and Leasing Association.

The company provides financial services that help clients improve their liquidity, credit risk management, and business processes. PitchBook’s Platform contains detailed financial information on 3M+ companies, including Finance Link. Check out the company’s profile for more information. You can also learn more about the company by downloading a free copy of the company’s complete PitchBook profile.

Link Financial will never give up on your debt. However, they may use bailiffs to repossess your most valuable assets. In most cases, these assets will be sold for less than their actual value. If you are in arrears, you should be aware that Link Financial does not use bailiffs lightly.

Link Financial’s debt collection strategy is to send a letter to the debtor, known as a Letter Before Action (LPA). This letter gives the debtor a period to make the payment before they take legal action against them. After that, they may follow up with frequent phone calls to try to collect the outstanding balance. However, if the debt is small, Link Financial is not allowed to threaten legal action.

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