2014 Lender Lists:

Creditlink Account Recovery Solutions (PayCars) @ www.paycars.co.uk

CARS (Creditlink Account Recovery Solutions Ltd) is a debt collector based in Basingstoke. They became US-owned recently in 2013 when they were acquired by Jefferson Capital International. This company works with creditors and national consumer debt purchasers. This agency was established in 2002 although their websites were created much more recently. These web properties include www.carsuk.org on the corporate side and also PayCars that is used to take in customer payments through www.paycars.co.uk. This site has only recently been created with them previously using www.paymyaccount.co.uk to take in payments. This DCA works in the popular markets of finance, insurance and telecoms.

For consumer debts chased they are around the 30th busiest agency, but it should be noted that they also collect for businesses that is a big focus. This does appear to be a relatively small organisation with them not choosing to present information in this area. Their websites are simple in their design (particularly the company one that could do with an overhaul). From what they disclose, it does look like they are growing quickly across the market. They claim to be taking on 80,000 new cases each month. If this is the case then I would assume that major creditors are partnered that hand over bulk defaulted accounts.

If you have been contacted by CARS and are looking to clear what is being claimed then this can securely be done through www.paycars.co.uk at any time. It is required to have your customer reference number to hand when using PayCars. This reference number would be shown on any letters that have arrived through the door from them. The Creditlink Account Recovery Solutions contact number is listed as 0844 8800 880 if you have any queries to make them regarding any due arrears. With Jefferson Capital International now in charge, this will surely be an agency that will continue to thrive over the coming years.