Lowell Financial Ltd is part of the Lowell Group which was established in 2004 and is widely acknowledged as one of the UK's leading investors in consumer debt. If your account is being handled by Lowell Financial, then you’re in safe hands as we’ve been market leaders for over ten years, working with customers to set up affordable repayment arrangements to clear their debts.
Every day we help thousands of people repay their accounts
Lowell Portfolio I Ltd buys accounts from banks, mobile phone and internet suppliers and other companies that provide credit. We’re specialists at what we do and that’s why so many leading companies and trusted brands choose to sell accounts on to us to manage. You can find out more about the Lowell Group here.
Lowell Solicitors Limited is a specialist debt recovery law firm providing industry leading litigation-based consumer debt recovery services. You can find out more about Lowell Solicitors here.
Another company within the Lowell Group is Fredrickson International Ltd, who work with many of the same clients as Lowell Financial. You can find out more about Fredrickson here.
Calls from a landline will be charged at a local rate. Mobile phone charges vary by network provider. Contacting us through our website and email is free.
If we are trying to contact someone who does not live there, please let us know by calling 0333 556 5550 or email us at firstname.lastname@example.org.
When we buy accounts we are provided with contact details for our new customers. We review the information held by the registered credit reference agencies to confirm that the contact details we have are up to date. This enables us to contact our customers and introduce ourselves as the new owners of their account.
If we’re trying to get in touch with you, it’s likely we've bought one of your accounts and want to work with you to agree an affordable repayment that suits your circumstances.
If you don’t have your account reference number you can call us on 0333 556 5550 or email us at email@example.com and one of our team will be happy to help.
If you contact us we’ll ask you a couple of questions to confirm your identity. We’ll then listen to you and work with you to find the right solution for your circumstances. We will not ask you to pay more than you can afford.
We work with a number of trusted debt recovery partners or debt collection agencies. If we pass your account to one of our partners they will get in touch and work with you to set an affordable repayment on our behalf.
You can register or login to access information about your Lowell account. To register you will need your Lowell reference number – which you can find on any of our letters.
Additional information including details of the original company, the original reference number and the balance of your account can also be found on any of our letters.
If you don’t have this information, you can speak to our team on 0333 556 5550.
You can view all of your account information online by registering and logging in to view your account online. To register you will need your Lowell reference number – which you can find on any of our letters.
If you can’t find the information you require online, you can call us on 0333 556 5550 or email us at firstname.lastname@example.org and one of our team will be happy to help.
We receive payments from customers by a variety of methods. What follows is an explanation of how we handle payments we receive.
Paying by Direct Debit or card
When you set up a Direct Debit to pay your Lowell account, we will apply for the payment automatically on the date of your agreed repayment plan. Please ensure that funds are available in your bank account on the agreed date. The payment will show on your bank statement on the same day unless it is a bank holiday – in which case it will appear on the next working day. All payments made by Direct Debit are covered by the Direct Debit Guarantee.
When you set up a recurring debit card payment using a Continuous Payment Authority (CPA) we will apply for the payment automatically on the date of your agreed repayment plan and the amount will be debited from your card straight away.
If you make additional payments
When you make payments by Direct Debit or a CPA on your debit card we will apply for your planned instalment(s) in line with your repayment plan.
If you make an additional payment that is not part of your repayment plan, we will apply the following rules and leave your planned instalments in place.
If you miss a payment
If you are making Direct Debit or debit card payments on a monthly or 4-weekly basis and your payment fails (for example – because there are insufficient funds) we will let you know about this, and re-apply (represent) for the payment 14 days after the instalment was due. If this also fails we will attempt to take your next instalment on your repayment plan.
If the second instalment on your repayment plan fails, we will re-apply (represent) for this payment 14 days after the instalment was due. If this also fails cancel the mandate and will not try to take any further payments.
If you are making Direct Debit or debit card payments on a fortnightly basis and your payment fails we will let you know about this but we will not re-apply (represent) for the payment. We will, however, attempt to take the next two instalments on your repayment plan. If these payments also fail, we will cancel the mandate and will not try to take any further payments.
If you are making debit card payments on a weekly basis and your payment fails we will let you know about this but we will not re-apply (represent) for the payment. We will, however, attempt to take the next two instalments on your repayment plan. If these payments also fail, we will not try to take any further payments.
If you are making Direct Debit payments on a weekly basis and your payment fails we will cancel the mandate and will not try to take any further payments.
Your final payment
If the final payment on your repayment plan is less than your agreed regular amount (i.e. instalments of £20 and a final payment of £12) we will not take more than the final payment due.
Paying by any other method
If you are making payments by any other method (such as standing order, or single debit card payments on our website) we will check to see if you have a repayment plan in place. If you do not have a repayment plan in place the payment will simply be credited to your Lowell account. If you do have a repayment plan in place we will deal with the payment by applying the below rules:
We’ll offer you as much support as possible with your account and our team are happy to answer any questions you have. If you're worried about your debts, you can seek free confidential and impartial advice from a number of independent organisations including:
StepChange Debt Charity provide free and independent debt advice throughout the UK and can be contacted on 0800 138 1111.
National Debtline provide debt advice and information and can be contacted on 0808 808 4000.
After an account is sold to Lowell, any further payments made to the original company will be directed to us. However, this will mean there is a delay in the payment being forwarded to Lowell and being visible on your online statement.
If you're making payments to one of our trusted debt collection partners who are contacting you on our behalf, this will, again, mean there is a delay in your payments being forwarded to Lowell and being visible on your online statement. Should you urgently require a statement showing you have made a payment you should directly contact the third party to whom you made the payment.
If your account is being reported at the credit reference agencies, we will update them with details of any payments that you make. If you pay your account in full, any default will show as “satisfied”. If we agree to accept a discounted amount as settlement, any default will show as “partially satisfied”, when paid.
Once your payment has cleared we will inform the credit reference agencies so that your credit file can be updated to show your account has been paid. Lowell sends details of payments received to the credit reference agencies every month and details are usually updated by the credit reference agencies within a week of this. This means that it could take up to 50 days for your credit file to be updated.
It is likely that your original creditor will have registered a default with regard to the outstanding debt on your credit file. When the account is bought by us, we are legally required to transfer the default into our name. Once you start making payments we will update the credit reference agencies. This could improve the appearance of your credit file to any potential creditors.
We will update your credit file to show you are making payments or that you have settled your account, where appropriate. This could improve the appearance of your credit file to any potential creditors.
When you apply for credit (e.g. mortgage, loan, mobile phone or even renting a house) it is likely that the credit provider will request permission to look at your credit file to gain an understanding of your payment history and the likelihood of repayment. Unpaid accounts are usually highlighted on your credit file.
However, as soon as you start making payments or clear the account, we will update the credit reference agencies to ensure your files reflect this. Once the balance is cleared the account will be marked as 'satisfied' or 'partially satisfied' if a discount has been accepted.
When we buy accounts we may search the relevant credit files in order to gain a better understanding of our customer's circumstances. We are legally entitled to do this.
The more we understand about our customers' personal circumstances the better equipped we are to offer suitable and affordable repayment plans.
We use the services of the following registered credit reference agencies:
We use Experian for the majority of our searches. Searches using Experian do not leave a visible record on your credit file for any other companies to see, however, they will be visible to you if you request a copy of your credit file.
Pay your account online with one of the accepted debit cards displayed.
You will need your Lowell reference number to use this service.
Setting up a Direct Debit plan is a simple way to make regular payments.
With Direct Debit you are covered by the Direct Debit Guarantee to view please click here.
Call a member of our team today to make a payment
Telephone: 0333 556 5550
Use your Lowell reference number as your payment reference
Please make cheques payable to 'Lowell Financial' please include your Lowell reference number
Example - "Lowell Financial - Ref 12345678"
If you’re making payments to the original creditor, rather than to Lowell, this can mean there is a delay in the payment being transferred to your account. Please make your payments directly to Lowell to ensure that your account remains up to date.
We’re happy to work with any third party that is managing your finances on your behalf. To do so, we just need your signed permission to share your account information with them.
Yes. Our aim is to work with you to agree an appropriate, affordable repayment plan based on your personal circumstances. We will not ask you to pay more than you can afford.
If you like, you can use our online Budget Calculator to help you understand what you can realistically afford to pay after you've paid your bills.
Our aim is to work with you to agree an appropriate, affordable repayment plan based on your personal circumstances. We will not ask you to pay more than you can afford.
If you like, you can use our online Budget Calculator to help you understand what you can realistically afford to pay.
Yes, we’ll work with anyone you choose to act on your behalf - we’ll just need your permission to share information with them first. We regularly work with debt management companies, money advice providers and in some cases customers' partners or family members who are helping customer's with their finances.
To register a complaint, please contact our Customer Relations Team by email email@example.com or phone on 0800 542 0058, Monday to Friday, between 8.00am and 6.00pm.
View our Complaints Procedure page. You can also call our Customer Relations Team who will provide you with a copy of our complaints policy.
In the UK, we report the number of complaints we deal with to the Financial Conduct Authority twice a year. You can see our latest data here.