Category: Debt Purchasing and Your Data
Your Data Rights When Debt Collectors Contact You (UK)
Introduction to Debtor Data Protection and GDPR Introduction to Debtor Data Protection and GDPR When a company buys or manages your debt, they often gain access to sensitive personal information – such as your name, address, contact details, financial history, and details about your debt. Debtor data protection refers to the legal safeguards in place…
How to Check If a Debt Collector Really Owns Your Debt
Understanding Debt Ownership Understanding Debt Ownership When you borrow money or take out credit, you enter into an agreement with a lender – such as a bank or finance company. However, if you fall behind on repayments, that original lender may decide to sell or transfer your debt to another company. This means that your…
