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debt managment

DANIELGEMMA
Posts: 1 Newbie
im in about £7000 of debt and have been quoted £175 a month for the 1st 3 months then £130 a month after they take £30 a month for there fee also the 1st 3 payments dont go to any of my debts its there fee has well the company is called debt free me should i go with these or is there a better one out there
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Comments
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hiya, im not the best for advice but someone will be on here soon ok. dont decide anything in a hurry! xDEBT FREE - MARCH 2012 - NOW JUST THE MORTGAGE!
MFW 2012 No.148:£1600 / £450.00
Mortgage - 102,57.160 -
Hi
Don't touch these people with a barge pole!! They are just out to line their pockets.
CCCS, Payplan and CAB will do the same, if not better, for FREE, so all your money will go to the creditors as none of the above will charge you a monthly fee. Their advice is free too. Please give them a call. I can personally recommend CCCS as I have a dmp with them.
Good luck.Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free
Mortgage free since 20140 -
just to reiterate what Deep In Debt has said....
PLEASE, PLEASE, PLEASE....DO NOT USE THIS COMPANY!!
as already stated...CCCS are excellent, free and have no hidden agenda...the companies which are charging you for this service are lining their pockets on other peoples misery....don't let them have your cash!!!!
good luck!!0 -
Here are the links that you may find helpful
(taken from dalip's signature -;) )
National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice BureauDebt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free
Mortgage free since 20140 -
Deep_In_Debt wrote: »Hi
Don't touch these people with a barge pole!! They are just out to line their pockets.
CCCS, Payplan and CAB will do the same, if not better, for FREE, so all your money will go to the creditors as none of the above will charge you a monthly fee. Their advice is free too. Please give them a call. I can personally recommend CCCS as I have a dmp with them.
Good luck.
Thanks given for good advice, also id recommend going through these boards for help on doing an SOA (a list of all you income/outgoings), help with prioritising your debt and ways to make savings on everything from shopping to fuel bills, and make a little cashback along the way.
As the ad goes, every little helps
Best of luck0
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