Cabot Financial

Founded in 1998, Cabot Financial is one of the largest debt-purchasing companies in the United Kingdom. The company's primary business involves buying outstanding debt accounts from major financial institutions, such as banks and credit card companies, at a discount. Cabot then engages directly with the customers to manage their repayments in an affordable and sustainable way. It is part of the Cabot Credit Management Group, which is a wholly-owned subsidiary of the U.S.-based Encore Capital Group, a global leader in debt management. The company's stated mission is to help customers toward financial recovery while adhering to high ethical and regulatory standards.