Money Worries - debt management

Alex_the_lad

Hi - I'm after some advice! My sister is about to use a company called 'Money Worries' to sort out her monthly installements on various debts (she's not going down the IVA route). I just wondered if anyone had any experience of this company and if they do anything that she couldn't do for herself using the CAB or National Debtline?

Any advice would be much appriciated. Thanks!

deedee_3

NO! NO! NO! NO!

Don't go near them with a barge pole.

Tell her to contact one of the debt charities immediatly and get them to help her. Will get the links for you.


Main recommended sources of help:

• Consumer Credit Counselling Service - Website: CCCS Telephone: 0800 138 1111
• National Debtline - Website: National Debtline Telephone: 0808 808 4000
• Citizens Advice Bureau - Website: Citizens Advice or visit your local CAB centre (find nearest)

Others:

• Christians Against Poverty
• PayPlan
  

poorandindenial

Tell her to run for the hills away from them and to use one of these: http://www.moneysavingexpert.com/loans/debt-help-plan#help

If they are a fee charging organisations then any money she pays to them will have their fees removed before they pay the debts so her debts will be repaid slower costing her more in the longrun

EDIT: cross post with deedee, sorry