Is It Your Best Option to Get Cash Flex Loans?
Have you received a call from Cash Flex Loans lately and you're not sure what to do? We understand that it can be a confusing and stressful experience. Collection agencies often leave people feeling embarrassed, but the reality is that thousands of people across the globe receive calls regarding outstanding debt each day.
While it can be a little awkward, it's completely okay. Life happens and sometimes you may not have the funds available to pay for an awaiting bill. So what do you do if Cash Flex Loans reaches out to you and how can you dispute a collection that isn't entirely accurate? Let's dive right in.
Who Is Cash Flex Loans?
Operating as a credit broker, Cash Flex Loans partners with various banks and private lenders to bring customers loans for cars, home improvements, bill consolidation, and much more. The company specialises in helping provide loans for thousands of people. They are not a collections agency but will partner with collection services to ensure outstanding debts are paid for lenders they've worked with.
A few things Cash Flex Loans promises are that:
- They'll never call you
- You won't be charged upfront fees for your loan
- Your credit won't be impacted by their fast check eligibility verification
Cash Flex Loans will never call you under the premise of a collection service but may report unpaid loans to a collection agency.
Why Is a Collections Agency Calling Me?
If you received a call, or multiple calls, from a collections service then you might have an unpaid bill you forgot about or haven't had the means to pay. That's okay. It happens and is more common than you might think. More than likely, you're receiving the call because your bill has been bought out by a collection recovery service and they're simply trying to collect.
When this happens, there's no need to panic. If you're aware of the debt, try not to openly admit to it until you've verified that the charges are valid and the collection agency is a licensed and authorised company through the Financial Conduct Authority (FCA). Ask for a letter of verification to be sent to you regarding the charges so that you can look over it to ensure there are no hidden fees.
Is Cash Flex Loans a Scam?
It can be scary to receive a call or a notice from any collections department, and unfortunately, like most things, there are people that will try to take advantage of others to scam them of money. When it comes to collections services in the UK, and around the world, there are plenty of 'clone' collections services.
What does this mean for you? Clone collections typically get by with scamming people by:
- Sticking to the original collection's name by adding a few extra letters (e.g.: Cash Flex Loans Ltd)
- Mix in some accurate details with false ones (e.g. using a phone number or email of the original company)
- Claiming the details on the FS Register is outdated
Here are some ways you can verify if a company like Cash Flex Loans is truly trying to collect on an unpaid debt include:
- Checking the FCA website and the FS Register (in the UK)
- Contacting the company directly through their contact form on their website
- If you receive a letter, look for a logo of a familiar trade body such as the Credit Services Association (this isn't always present)
Cash Flex Loans is a legal service regulated by the FCA. Cash Flex Loans Ltd is a known clone of the FCA-authorised company.
Here are the details of the legitimate Cash Flex Loans:
|Address||The Steam Mill Business Centre
Steam Mill Street
|Firm Name||Digitonomy Limited|
|Firm Reference Number||690249|
|Customer Support Emailemail@example.com|
Avoid Getting Scammed
Scammers usually combine false data with correct details of a registered firm to confuse you. They will also use new phone numbers, email addresses or physical addresses over time. You may refer to the following phone numbers and email addresses that Cash Flex Loans U.K Ltd (Clone of FCA authorised firm) uses so you can avoid getting scammed:
Get Debt Help With DoNotPay
Receiving calls from debt collectors is never fun. It's important to know your legal rights, verify the debt they're trying to collect, and determine the best course of action. That's where we come in. We'll work with you to put an end to the calls and mailed notices, double-check that they're not violating any laws and harassing you, and help you get back on track financially after your debt is cleared.
- Search "debt collection" on DoNotPay.
- Answer a series of questions about the debt collectors, including when you were contacted and how you were contacted, so we can determine if they have violated any debt collection laws.
- Decide which course of action you want to take based on our guidance, such as filing a debt verification request, demanding for the collectors to stop contacting you, or reporting them to a professional trade association.
Other Debt Related Services DoNotPay Can Assist With
Have you received a call from a different collection service and need help verifying they're who they say they are or double-checking the charges they've stated you owe? We can help with a multitude of companies and services when it comes to debt collection.
Here are a few of the most popular agencies we've assisted others with:
- Moorcroft Debt Recovery
- DWP Debt Management
- Advantis Debt Collection
- Provident Loans Refund
- Marston Group Holdings
- Amigo Loans Refunds
- Lowell Financial
Don't see the company you need listed? Check out our learn more tab or submit a debt collection search.