Everyday People Financial Solutions Limited, also known as EP Financial Solutions, is a UK-based company specialising in various financial services. They are primarily known for their debt collection and debt purchase activities, but their range of services extends beyond these core functions. As a multifaceted financial services provider, Everyday People Financial Solutions Limited offers Business Process Outsourcing (BPO), Call Centre Support, and even International Collections.
Operating in the complex world of debt management, Everyday People Financial Solutions Limited acts as an intermediary between creditors and debtors. Their role involves recovering outstanding debts on behalf of businesses and organisations, as well as purchasing debt portfolios to manage directly. While their primary focus is debt-related services, their diverse offerings make them a significant player in the financial services sector.
If you've received communication from Everyday People Financial Solutions Limited, it's likely because you have an outstanding debt that they've been tasked with recovering. This could be for various reasons:
1. You may have fallen behind on payments for a loan, credit card, or other financial product.
2. A company you owe money to has outsourced their debt collection to Everyday People Financial Solutions Limited.
3. Your debt may have been sold to Everyday People Financial Solutions Limited, who are now the new creditors.
4. There might be an error or case of mistaken identity, which is why it's crucial to verify any claims they make.
Regardless of the reason, it's important to address the situation promptly and not ignore their attempts to contact you.
Receiving a letter from a debt collection agency can be unsettling, but it's essential to remain calm and take appropriate action. Here are the steps you should consider:
1. Don't ignore the letter. Avoiding the situation will likely make matters worse.
2. Carefully read through the entire letter to understand what is being claimed.
3. Verify the debt. Ensure that the amount they're claiming is correct and that you recognise the debt.
4. If you're unsure about the debt or need more information, contact Everyday People Financial Solutions Limited. You can reach them on 0344 571 4030.
5. If you believe there's been a mistake, gather evidence to support your case.
6. Consider seeking advice from a debt charity or financial advisor to understand your options.
7. If the debt is valid, start thinking about how you might be able to repay it.
When dealing with Everyday People Financial Solutions Limited, or any debt collector, the best approach is to be proactive, honest, and cooperative. Here are some tips to help you navigate the process:
1. Communicate openly: Don't avoid their calls or letters. Regular communication can help resolve issues more quickly.
2. Be honest about your financial situation: If you're struggling to pay, explain your circumstances. They may be able to offer a more manageable repayment plan.
3. Keep records: Document all communications, including dates, times, and the content of conversations.
4. Use their online portal: Everyday People Financial Solutions Limited has a website (https://pay.myepfs.com) where you can manage your account and make payments.
5. Seek advice: If you're unsure about how to proceed, consider getting advice from a debt charity or financial advisor.
6. Consider debt solutions: Depending on your situation, options like debt management plans or Individual Voluntary Arrangements (IVAs) might be appropriate.
It's crucial to understand that you have rights when dealing with debt collectors, including Everyday People Financial Solutions Limited. These rights are protected by law an