Late payments are one of the biggest threats to UK businesses. In fact, 77% of SMEs say they struggle with overdue invoices, and billions of pounds are locked up in unpaid debts every year. When chasing invoices internally doesn’t work, many businesses turn to a debt collection agency. But here’s the problem: choosing the wrong agency can make things worse.
Three companies posing as professional debt collection agencies have been shut down in the High Court after keeping more than £50,000 of client money. Investigators found the firms used misleading claims and fake testimonials to win business, then became uncontactable while withholding funds recovered from debtors. What happened The Insolvency Service reported that the businesses targeted small companies via unsolicited
Not all debt collection reviews tell the full story. In fact, many online ratings are skewed by angry debtors – not the businesses who actually hired the agency. So how do you separate the noise from the genuine insight? If you’re thinking of appointing a debt collection agency to recover unpaid invoices, here’s what to look for (and what to
Unpaid invoices aren’t just frustrating — they can seriously impact your cash flow, confidence, and time. At some point, most businesses will consider turning to a debt collection agency for help. But how do you know who to trust? This guide explains how to choose the right agency for your situation, what to watch out for, and why comparing your
Collect Compare is a UK-based comparison platform designed to make finding the right debt collection service simple. We’re here to bring clarity, confidence, and choice to the debt recovery process.
We only work with verified, trusted debt collection agencies. No hidden fees, no pushy sales — just clear, impartial comparisons to help you make the right choice.
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