Anyone heard of Care debt management?

cardiff

I had a letter today from a company called Care debt management saying they were part of Capquest and I had been selected to be helped!

Basically they will match my monthly payment so that the debt is paid off quicker, so if I pay £50 a month they will also pay £50 in to my account

Anyone had any dealings with them? Sounds too good to be true really

thanks

davek1

thats because it is!!!!

All they are in affect doing is offering you a reduced payment. Your choice i guess but nothing in this life is free and i will bet you a pound to a penny suddenly the other amount allegedly matched will materialise at a later date.

I wouldn't trust Capquest as far as i could throw them. I would want a signed contract before i agreed to anything with them

Dave

HannahW84

I received 1 of those letters 2day too... tried foning the number but its receiving a high volume of calls...

really not sure wot to think of it!!

does seem 2 good 2 b true tho!!

RAS

Please folks. this is just another way to get a 50% payment on an account that they probably bought for next to nothing and for which they probably lack legal documentation. What sort of accounts are these?

Peekay32

LOL

Just when you thought they couldn't get any lower.. good business strategy to be fair though