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Money Expert

Hi

I am a newbie to this site and just trying to get to grips with the whole forum thing so please bear with me!!

I have finally taken my head out the sand am trying to deal with my debt problems. I owe £27K. I called a number I got from this site saying they could write of 75-80% of my debt. It was a company called Money Expert. Has anyone had any dealings with these guys? I wondering if anyone had gone down this route and would they recommend it?

Thanks for taking the time to read this and I would be grateful for any advice

Comments

  • I personally dont know the company but i suppose it would come down to weather they charge for their services if they do then i recommend you go see the cab orone of the many free companys that are mentioned on here for advise first. :-)

    Good luck by the way i hope everything gets sorted for you :-)
    :jFriends are like fabric you can never have enough:j
  • RAS
    RAS Posts: 36,206 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Dolly, we do not recommend any companies other than the debt charities and Payplan.

    Nor do we recommend IVAs, which is what you are referring to. CCCS reckon they are appropriate for 3% of their clients, and that was before the credit crunch. A very high percentage were mis-sold and there are lots of folk on the bankruptcy board who have failed IVAs.
    If you've have not made a mistake, you've made nothing
  • Hi

    They said they would be taking a fee of £30 a month. I will definately get in touch with one of the free sites. Thank you for getting back to me! :-)
  • Hi dolly as the others have said
    use the onesin this link

    Non-profit Debt Counsellors' List
    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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