Organizations may choose to sell debt on when the account holder falls behind on the agreed repayments.

The original creditor will usually have made a number of attempts to contact you to agree a repayment plan prior to selling the debt to a specialist debt purchaser, such as ourselves. The agreement you entered into with the original lender permits them to sell on accounts in this way. After purchasing the account, we are required by law to notify you. This 'assignment letter' is typically the first letter you will receive from Acqurec Portfolio Pte Ltd. Your original creditor will usually also write to you to advise you of the sale.

As the new owner of the account, our goal is to work with you to agree a suitable, affordable and realistic repayment plan tailored to your individual budget and to answer any queries that you may have. Please contact us today and let us help you find a solution to your outstanding balance.