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# 1
johndoe22
Old 21-04-2013, 4:18 PM
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Join Date: Apr 2013
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Default iDebtPlan

Hi

Does anyone have any information on this company? I have googled and cannot find any information on the web apart from the usual co house details and that they are a firm of accountants? I have my suspicions as to the legitimacy of the company and would appreciate any feedback good or bad.

Many thanks.
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# 2
Angry Bear
Old 21-04-2013, 4:47 PM
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I don't know of this company but if you are looking for debt help or debt management please use one of the free providers NOT one who take a cut of your payments. StepChange, Payplan and CAP tend to be advised around here.
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# 3
moohound
Old 21-04-2013, 5:24 PM
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Quote:
Originally Posted by johndoe22 View Post
Hi

Does anyone have any information on this company? I have googled and cannot find any information on the web apart from the usual co house details and that they are a firm of accountants? I have my suspicions as to the legitimacy of the company and would appreciate any feedback good or bad.

Many thanks.
Have you signed up with them or given them money?

Howdid you hear about them were you cold called?
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# 4
nicp60
Old 21-04-2013, 7:16 PM
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Hi there,
Steer clear of them; they charge a monthly fee for their services! As a Angry Bear said, use stepchange or payplan.

From iDebtplans' FAQ:
Incredibly, we only charge a standard management fee of £35 or 17.625% of your monthly payment (whichever is higher). For this, we will set up your plan, contact all of your creditors to inform them that we are now acting on your behalf, deal with all correspondence and phone calls, but perhaps most importantly, give you total peace of mind that your debts are now being dealt with efficiently, effectively and all under one roof.



This 'incredible' fee of on £35 a month is £35 a month that could go towards your debt payments. Not a greedy firm.
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# 5
UsetheFORCE
Old 21-04-2013, 7:58 PM
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...and if your monthly payment is over £200 then the fee is even higher! What a ripoff!!!
I have numerous qualifications in Business and Finance, Accountancy, Health and Safety and am now studying Law.

Don't rely on anything I write as it may be wrong!!!
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# 6
biscuit1957
Old 01-01-2014, 6:23 AM
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I have just signed up to this company,I am 3 grand in debt,I told them I wish to pay £120 per month,I don't really mind them taking a fee out of this as it eases the pressure.
All I wanted to know is this company genuine
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# 7
Sedge123
Old 01-01-2014, 7:19 AM
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Yes but that £35 could go towards your debt! You are effectively "wasting" 25% of your payment.
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# 8
fatbelly
Old 01-01-2014, 8:56 AM
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Use one of the companies in Martin's list

http://www.moneysavingexpert.com/loa...help-plan#help
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# 9
rizla king
Old 01-01-2014, 10:46 AM
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Doesnt ease the pressure. The fee just keeps you in debt longer and prolongs it. A lot of these companies seem to be going bust lately, leaving taking everything people have paid with them as they've not passed the money on. Go with stepchang, CAP or similar who you can guarantee wont screw you over.
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# 10
Sazzie23
Old 01-01-2014, 11:33 AM
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Quote:
Originally Posted by biscuit1957 View Post
I have just signed up to this company,I am 3 grand in debt,I told them I wish to pay £120 per month,I don't really mind them taking a fee out of this as it eases the pressure.
All I wanted to know is this company genuine
Hi Biscuit, Fantastic, you are facing your problems and taking action

Please consider a fee-free service, you should get better advice and hopefully clear your debt faster. You can check the budget using the Stepchange free anonymous debt remedy. No point wasting money that could pay the debt.

Good luck whatever you decide
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# 11
biscuit1957
Old 02-01-2014, 2:30 PM
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Thank you all for your replies,
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# 12
Whoisright
Old 06-01-2014, 10:06 AM
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I have just lodged a complaint to Ofcom about this lot. Got a spam text on a sunday giving me a link to releasedebt.co.uk which then repoints to idebtplan.co.uk. When you call them it's actually a debt management agency called harrington brooks.
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# 13
Martiferous
Old Yesterday, 1:01 PM
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Must admit just complained and left reviews as my company email account is getting spammed by this company.
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