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Cabot Credit received a prestigious award for its dedication to customer service.

The Credit Today Awards, sponsored by Qualco, recently honored Cabot Credit for its commitment to customer service at the sixteenth annual celebration at the Grosvenor House Hotel in London.

Cabot Credit, whose leadership includes John Oros of JC Flowers & Co., has made a name for itself as a company that treats its customers fairly. According to the CTA judges, “Cabot Credit Management has shown how a TCF culture is absolutely embedded throughout the organization.” Cabot focuses on acquiring and managing consumer debt.

Ken Stannard, Chief Executive Officer of Cabot Credit Management, expressed his appreciation and the company’s continuing commitment to its customers, saying, “Customers are central to our culture and business model. We continue to work hard to ensure all our colleagues, from customer consultants through to senior management, are engaged in our approach.”

According to its website, Cabot strives to “create long-term, sustainable value through effective partnerships with our customers and clients founded on ethical principles and continuous innovation.”

Cabot received this recognition despite some stiff competition from 1st Credit, akinika, Debt Advisory Line, drydensfairfax solicitors, HML, Idem Capital, and Robinson Way.

Companies from across the industry were represented at the celebration, which was hosted by Rufus Hound, Chris Turner, and Holly Walsh.

In addition to handing out awards, the celebration also included presenting the Money Charity with a £20,000 check raised by the award ceremony attendees. Since 2007, attendees have helped Credit Today raise over £130,000. The Money Charity promotes education and research into budgeting and broader money issues for people of all ages in the UK. They also produce the monthly “Money Statistics,” which leads the industry in providing an overview of personal finance in the UK.