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Here comes Europe’s giant that everyone seems to be talking about. Arrow Global s a provider of credit management services offering debt purchase with an astonishing success story. The growth of this company to a global one never seems to surprise me and this is a good indication that they are providing the exact services that their clients needs.
Despite the intense competition which is already present in the industry, this agency has outshined others and reserve a place for itself on the global market. This is not common for a company at such an age to achieve such. Thus, they need to be applauded.
Established in the year 2005, Arrow Global has been able to spread its tentacles across 6 different countries in Europe, including the UK with over 35 millions clients. This makes this company a force to be reckoned with. Another amazing thing about them is that they aren’t restricted to a particular service. They take care of debt related issues such as commercial and consumer debt for retail banks, Telecom companies, credit card companies, and individuals with debt issues.
How does Arrow Global run their debt recovery?
Unlike other agencies, Arrow Global is a global company making it operate like one. From my experience with them, here is how they work; The first thing they did was to buy off my debt from my creditor and make it theirs. After doing that, I was sent a Notice of Assignment which clearly stated that there has been a change in my creditor.
Thereafter, I began to receive notifications via a telephone call or a letter as regards the time I have left to pay the debt. Although these notifications weren’t worrisome because I only receive them at a regular interval.
How can I prevent these notifications from reaching me?
During my time with them, I never stopped their messages from reaching me and I won’t advise anyone to do. Their calls and letters carry relevant information that can’t afford to miss. it might include deadlines, change in policies and many more.
By allowing those notifications to come through, I became aware of what to do and how to get it done. My first step was to communicate with them in writing asking for an extension and a bit of advice as to how to go about making payments. With this, I was able to buy myself more time and stop them from chasing me for debt repayments
But refusing to do any of this would have caused me more. In such situations, what Arrow Global Debt Collectors would do is to take the right legal actions. This legal action takes different forms and they will stop at nothing until they can recover the debt. Recovery can be done in installments or a single payment.
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