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Debt management companies

Can anyone recomend a good Debt management company? I don't seem to be able to find a good reviewed one.

They always look good but when you read reviews you hear bad stories about them......HELP!

Comments

  • RAS
    RAS Posts: 36,206 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Martin recommends http://www.moneysavingexpert.com/loans/debt-help-plan#help

    None of these charge you fees to run a DMP, so all your money goes to your creditors.

    You can also try Payplan, who are not a debt charity but do not charge.
    If you've have not made a mistake, you've made nothing
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Dont pay for them, if you pay them it takes you longer to get debt free.

    Use one of the following,
    National Debtline http://www.nationaldebtline.co.uk/
    CCCS http://www.cccs.co.uk/
    PayPlan http://www.payplan.com/
    A local CAB office http://www.citizensadvice.org.uk/
    Christians Against Poverty http://www.capuk.org/

    The above are all free and professionally trained. All highly recommended.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    I agree with RAS and DC :T
    I was with CCCS :A, (my circumstances changed)
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
  • esgirl
    esgirl Posts: 15 Forumite
    I have been with Chruchwood financial since 2006 and found out one of my creditors has only been paid of £300!!!! lloking to change
  • esgirl
    esgirl Posts: 15 Forumite
    would you say the Consumer Credit Counsellers are good?????
  • RAS
    RAS Posts: 36,206 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We say the only people to talk to are

    Use one of the following,
    National Debtline http://www.nationaldebtline.co.uk/
    CCCS http://www.cccs.co.uk/
    PayPlan http://www.payplan.com/
    A local CAB office http://www.citizensadvice.org.uk/
    Christians Against Poverty http://www.capuk.org/

    There are a lot of other companies that use very similiar names in an attempt to part you from your money. Do not touch them.
    If you've have not made a mistake, you've made nothing
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Consumer Credit Counsellers have come up on this forum before as bad, almost near scam artists for the service they provide.

    However, Consumer Credit Counselling Services (CCCS) is free and very good, as such would only recommend those off the list.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    esgirl wrote: »
    I have been with Chruchwood financial since 2006 and found out one of my creditors has only been paid of £300!!!! lloking to change

    Dump the leach company Churchwood, they are getting rich from you
    EllieF wrote: »
    Hi

    I am with All Clear Finance and have been for a few years, they were really helpful and sorted out payments to my creditors, all of which were accepted.

    I would say one thing though - and I wish I had done this really - speak to your creditors yourself first. Explain the situation you are in, you may be surprised how understanding they can be.

    If all else fails I am happy to recommend them although there will always be horror stories on any company like this.

    Good luck x

    There is a horror story read the part " I have been with Chruchwood financial since 2006 and found out one of my creditors has only been paid of £300!!!!"

    No need to recomend fee charging company's
    The people Ras and Dark Convict have recomended will do what you are paying for,
    so more money goes to your creditors
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
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