Fresh Start Debt Support
If you've received letters, texts, or phone calls from Cabot Financial, you're not alone. They're one of the UK’s biggest debt collection agencies and buy unpaid debts from banks, credit card companies, and other lenders. But just because Cabot contacts you doesn’t mean you're powerless. You have rights, and there are proven ways to stop the pressure and regain control of your finances.
This guide explains who Cabot are, what your options are, and how to stop the stress — including how to set up affordable repayment plans or write off a portion of your debt depending on your circumstances.
Check If You Qualify NowCabot Financial is a debt purchase company. They buy debts from other organisations — like Barclays, HSBC, NatWest, credit card companies, catalogue firms, and loan providers — and then chase borrowers directly for repayment. They are part of the larger Cabot Credit Management Group.
If Cabot has contacted you, it's likely because they’ve bought your debt at a discount from the original creditor. They now legally own it, which means you’ll be dealing directly with them.
In some cases, yes — but usually only as a last resort. If you ignore Cabot for long enough, they may issue a County Court Judgment (CCJ) to force you to pay. This can lead to bailiff action, damage to your credit file, and added legal costs.
The best strategy is not to ignore them. Instead, act now to get a plan in place. We can help you explore solutions to deal with your Cabot debt without going to court.
Learn How to Stop Debt CollectorsThat depends. If the original credit agreement allowed for interest or fees to continue, Cabot may add them. But in many cases, especially if the account is old, they freeze interest once you engage with them.
We can help you negotiate with Cabot to freeze interest and stop further charges — often as part of a Debt Management Plan or IVA.
Depending on your circumstances, you may qualify for a formal debt solution that could legally write off a portion of your Cabot balance. These options include:
Each option depends on your income, debts, assets, and where you live. We’ll explain what you might qualify for — with no obligation and no pressure.
Use Our Free Debt CalculatorThat’s very common — and absolutely fine. Cabot will often accept a lower, affordable monthly amount if you explain your situation. A Debt Management Plan can help you do this properly while freezing interest and avoiding legal action.
We work with individuals every day who are struggling to make ends meet. If your budget is tight, don’t panic — we can help you work out what’s affordable and get it set up.
If you can afford to pay off the full amount, you can settle with Cabot directly. But if you’re struggling, contact us first. You could be eligible to:
✅ We specialise in debt solutions — not generic advice
✅ No judgement, no pressure, just real UK support
✅ Thousands helped across the UK
✅ Fully confidential and free to check eligibility
Start Your Free AssessmentMany people who owe money to Cabot also have other debts, such as:
We can help you combine these into one affordable monthly payment.