Important Notice
If you are currently having problems with debt collectors, or if you suspect them of using illicit or unfair tactics, then please contact the BBC in complete confidence at the following email address:
Laura.Ancell@bbc.co.uk
(United Kingdom enquiries only, please) |
Hillesden
Securities is a debt purchasing company or debt collecting company listed
in the website of DBSG
(The Debt Buyers and Sellers Group) and/or mentioned in consumer finance
forms. They have a legitimate function as debt collectors, but there
is some indication that some such companies (not necessarily Hillesden
Securities Ltd), and especially the debt purchasing element, go a bit
too far sometimes and can make people's lives a misery when those same
people are at their most vulnerable. We do not suggest that they are
acting outside the law, but getting that letter or phone call is not
exactly helpful to you right now.
So the first thing
you must do if Hillesden Securities is bothering you is not
to panic or despair. That's just what they want! They'd love
you to call their number and speak to their specially trained sales
team for 'advice'. But once you do that you'll be suggestible to whatever
they tell you, instead of getting independent advice. While we always
say that you should keep an open dialogue with debt collectors, we would
recommend that you do so in writing only. This will prevent them 'railroading'
you into any action which is not in your best interests, as they so
love talking people into doing things on the spur of the moment. Of
course, they are only doing their job, but that's hardly a consolation
for you in the present situation.
There are several
courses that are open to you, and some will suit your own situation
better than others.
A sensible option,
we would suggest, is a debt management plan or even an IVA - which is
designed to actually write off a large chunk of your unsecured debt.
But you would need to take advice on this and look at your income and
expenditure in detail. This option won't suit everyone. There's more
on this below.
For an alternative type of
loan you could apply for a 'logbook loan' which many
people find a very handy option. It is actually a loan secured on your
car, except you get to keep the car and keep the cash as well! That's
why some people find it such a good idea, as it unlocks the equity in
your vehicle without taking away your means of transport (there's no
need to sell the car). To apply
for a logbook loan click here.
Yet another option
is a no credit-check guarantor loan. This is especially
useful because your own credit rating is not looked at; you must find
someone else willing to act as a guarantor for you such as a friend
or family member. This is an ideal solution if you're at the stage where
your credit profile has been downgraded by recent events, etc. So click
the following link for Unsecured Loans
that don't need you to be credit checked.
If you wanted to
try a debt management plan, then we provide a whole-of-market service,
with a number of debt management experts on our panel. So whatever your
circumstances, your application will find the plan for you, meaning
the optimum outcome for your situation. It also means
there are no minimum requirements for debt levels or income.
So apply for a debt management plan using the form below.
DPC
Registry. Consumer Credit Licence number 633327.
Name: Hillesden
Securities
Also Known As: Hillesden Securities Ltd, Hillesden Secs, Hillesden Securities
Brackley, Hillsden Secs, Hillsdon Secs, Hillesden Dect Collectors, Hillesden
Securities Debt Collectors, Hillsden Securities, Hillsden Securities Ltd,
Hillsdon Securities Ltd, etc.
Address: Buckingham Road, Brackley NN13 7DN
Telephone: 01280 707519 - BUT DO NOT PHONE HILLESDEN SECURITIES.
Fax: 01280 707523
Email: username @DLcollect.co.uk
Extra Data: This
is one of the trading names of Direct Legal & Collections. See below.

Get a free QuickCreditScore
check by applying
here.
Hillesden Securities
and the Truth About Your Debt
Hillesden Securities
Ltd is a debt purchasing firm that has purchased your debt account from
the original creditor, usually a bank (or in some cases another debt
collecting agency) for much less than the value of the original account
and is trying to get the full value from you.
Hillesden Securities
Limited will use all sorts of methods to get money out of you in order
to profit from your ignorance of the law. You may already have had bad
dealings with them on the phone or by letter. They may phone you up
when they know it is inconvenient for you and do this lots of times.
They may send you official-looking sternly drafted letters threatening
that they will come round to collect the amount in full or that they
will take you to court. Their other tactics may involve attempting to
make a charging order on your property or in some way bring about your
destitution.
So ask Hillesden Securities
for a copy of the original contract when you took out your loan or credit
card.
To find out if you
qualify for an IVA or can benefit from a debt management programme,
try the IVA
Test. It's free to apply, and again you are protected by the consumer
laws regarding debt management at all stages. Click
here to go to the application form.
More
Data On Hillesden Securities
I
quote from the excellent Consumer
Action Group forum; "Hillesden Securities Ltd is part of
the privately owned Faccenda Group, owned by Robin Faccenda, a chicken
farmer with a £75million personal fortune, according to the
Sunday Times Rich List. They trade as Direct Legal & Collections".
Hillesden
Securities is the same company as Direct Legal & Collections.
These twin bullies specialise in turning unsecured delinquent and
written-off accounts into secured debts by means of court orders.
All the better to terrorize people. The value of the delinquent debt
thus processed is, of course, far greater than in its 'raw' condition,
and debt purchasing companies regularly sell these more valuable types
of account among each other to the detriment of everyone else. All
the more reason why the securitization of delinquent accounts should
be outlawed.
If
you have any information that you would like honest people to know
about Hillesden Securities then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.


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Take
a look at the Insolvency Service's leaflet called 'In Debt', downloadable
here.
Registry
of Debt Collectors
This
Hillesden Securities website is part of DPC Registry website group.
All rights reserved. Complaints Against Hillesden Securities debt collectors.