Hoist Finance Debt Help – Stop the Pressure & Take Control

Have you received a letter, email, or phone call from Hoist Finance? If so, it usually means your debt has been purchased from a bank or lender, and Hoist is now requesting repayment. Don’t panic — you have rights, and there are ways to stop further contact and reduce what you owe.

At Fresh Start Debt Support, we’ve helped thousands of people deal with Hoist Finance, Capquest, PRA Group, and other UK debt collection agencies. With our guidance, you can stop creditor contact, avoid court, and explore affordable solutions that work for you — all with free, confidential support.

Who Are Hoist Finance?

Hoist Finance UK is a debt purchaser. This means they buy “written-off” debt from banks, credit card companies, catalogues, and utility providers. They then pursue the debtor directly for repayment. In many cases, Hoist instructs solicitors such as Howard Cohen & Co. to send letters or issue County Court Claims on their behalf.

Debts typically bought by Hoist include:

• Credit card debt
• Unsecured personal loans
• Catalogue accounts
• Utility bill arrears
• Bank overdrafts

Do I Have to Pay Hoist Finance Immediately?

No. You should never rush to pay a debt without confirming that:

• The debt is definitely yours
• They can provide a copy of the original credit agreement
• The debt is still enforceable and not statute-barred
• You understand your options and repayment rights

Many people pay debts they’re not legally required to — or enter into unaffordable plans under pressure. Always speak to a debt specialist first. Use our free debt calculator or call us to understand your position.

Can Hoist Finance Take Me to Court?

Yes — Hoist can issue a County Court Claim through their solicitors if no resolution is made. If ignored, this can lead to a County Court Judgment (CCJ), which can damage your credit and lead to further enforcement.

However, court action is usually avoidable. With a formal debt solution or by entering an affordable payment plan, you can often stop legal action and reduce what you owe. The earlier you act, the better your options.

Debt Solutions to Deal with Hoist Finance

Depending on your income and debt level, you may qualify for one of the following solutions:

• IVA (Individual Voluntary Arrangement) – Pay one affordable monthly payment, stop contact from Hoist, and write off any remaining debt after 5 years.
• DMP (Debt Management Plan) – A flexible, informal way to repay your debts at your own pace, based on your affordability.
• DRO (Debt Relief Order) – Ideal if you have under £30,000 of debt, low income, and few assets. A DRO freezes interest and writes off your debt after 12 months.
• Compare all debt solutions to find the right path for your situation.

How to Stop Contact from Hoist Finance

If Hoist or their solicitors are contacting you by phone or letter, you have the right to request that:

• All communication is in writing only
• They provide proof of the debt
• They stop if the debt is disputed or statute-barred
• You get time to speak with a professional debt adviser

Our team can speak to Hoist Finance for you and help manage the communication on your behalf.

Why Choose Fresh Start to Deal with Hoist Finance?

We’re not a faceless call centre. We’re a small, UK-based team that focuses on personal support, fast responses, and no-pressure advice. Every day, we help people stop collections from Hoist Finance, Link Financial, Cabot Financial, and other collectors.

• ✅ 100% free and confidential advice
• ✅ No obligation — just honest guidance
• ✅ We explain your rights clearly
• ✅ We help with all debt types, including gambling debt, rent arrears, and HMRC debt

You don’t have to face Hoist Finance alone — let’s find your way forward together.