Help with H&T Pawnbrokers Debt

April 19, 2012 No Comments
H&T Pawnbrokers is a Payday Loan Company.
 A payday loan is a small, short-term loan. These are often approved immediately and the funds deposited into an account within a short space of time, often as little as an hour. With no credit check, practically anyone can get their hands on a payday loan up to £1000 which they pay back on their next payday or within 30 days.
Payday loan companies offer consumers something that seems like a viable short term solution to their financial worries. While on the face of it a loan like this might seem like a good idea, financial watchdogs such as Which? are warning that payday loan companies are leading their customers into a downward debt spiral which can be almost impossible to get out of.
Payday loan companies make a lot of their money from their high interest rates, which can be higher than 2000%apr. This means that a loan for just £500 can cost an extra £150 in interest. That`s almost £5 for every day of the loan period. Payday loans can prove to be very expensive if you are not able to pay them back in full at your next payday.

At least 45% of people end up ‘rolling over’ their loans at the end of the initial lending period. This results in huge roll over fees, with extra charges being made for every single letter or reminder that is sent out.

Payday loan companies make their money from creating a cycle of debt that is almost impossible to get out of. They lend money with the full knowledge that the majority of people will not be able to pay it back when it is due and the costs can spiral upwards of several thousands of pounds from the initial borrowing of a small sum.

The Financial Conduct Authority lays out rules and guidelines on how companies can operate in the consumer credit industry and to prevent unfair practices. The FCAs debt collection rules and guidance sets out minimum standards that all authorised companies involved in debt recovery and debt collection must adhere to in order to be considered fit to operate as a debt collector.

Examples of unfair practices include claiming unfair or excessive collection charges, harrassment, misrepresenting enforcement powers (threatening to seize property when lawfully they cannot), bypassing an appointed representative and contacting you directly, threatening legal action when it is unlikely to take place.

If you have a H&T Pawnbrokers payday loan and are struggling with the payments click here to contact usor submit your details in the contact form to the right of your screen for instant debt advice.

Contact Humber Debt Solutions – Debt Specialist team today for confidential advice. We may be able help you by arranging a reduced repayment plan to H&T Pawnbrokers on your behalf and dealing with your debts for you.

As part of our Debt Directory we have listed most of the Payday Loan Companies that operate within the UK, providing you with upto date information on each company. Click the link Payday Loan Debt Directory to view the directory and get information on all or most of the payday loan companies operating in the UK.

You can also post comments and reviews against these Payday Loan companies. Let us know your experience with Payday Loan Companies and post a review yourself at the bottom of the page.

We have provided contact details and company information regarding H&T Pawnbrokers below

Company Name

H&T Pawnbrokers
Correspondence Address
Po Box 146
Bootle
Merseyside
L30 4UE
Registered Address
Times House
Throwley Way
Sutton
Surrey
SM1 4AF
Reg Company Number
2636684
Parent Company
Harvey & Thompson Ltd
Consumer Credit Licence
327551
Website
Operations Director
Peter James Kelly
Direct Postal Address
Times House
Throwley Way
Sutton
Surrey
SM1 4AF
HR Director
Elizabeth Hannah Cook
Direct Postal Address
Times House
Throwley Way
Sutton
Surrey
SM1 4AF
Non Executive Director
Andrew Jonathan Brown
Direct Postal Address
Pilgrims
Ebbisham Lane
Walton on the Hill
Tadworth
Surrey
KT20 5BT
Director
Malcome Leonard Berryman
Direct Postal Address
Otterbourne Manor
Kiln Lane
Otterbourne
Winchester
Hampshire
SO21 2EN
Managing Director
John Graham Nichols
Direct Postal Address
Little Attwood
Bodle Street Green
Hailsham
East Sussex
BN27 4RA
Non Executive Director
Peter Denis McNamara
Direct Postal Address
7b Manland Avenue
Harpenden
Hertfordshire
AL5 4RG
Commercial Director
Stephen Anthony Fenerty
Direct Postal Address
73 Temple Road
Epsom
Surrey
KT19 8EY
Finance Director
Alexander Miles Maby
Direct Postal Address
134 Tranmere Road
London
SW18 3QU