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Oft Pulling Their Finger Out.... Debt Managment Company websites

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Comments

  • rugbymum
    rugbymum Posts: 984 Forumite
    Heard this on the radio this morning I thought I would share it.....

    http://news.bbc.co.uk/1/hi/business/7929070.stm

    I hope the link works, I'm not terribly thechie.

    :j :j
    LBM:FEB 2008
    MEMBER ABC 2010
  • poorandindenial
    poorandindenial Posts: 4,097 Forumite
    Good spot rugbymum :T :T always nice to get some good news :D
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • keithboy40
    keithboy40 Posts: 303 Forumite
    Part of the Furniture Combo Breaker
    what companies
  • poorandindenial
    poorandindenial Posts: 4,097 Forumite
    They aren't allowed to name them yet - I just saw CAB on BBC news

    I guess google debt management and see which ones look like CCCS or CAB websites and it will probably be fairly obvious, or those that seem to say they are free or govt backed but then in any info about their company the info doesn't tie up
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    keithboy40 wrote: »
    what companies

    They aren't saying at the moment.
    The OFT have not named the 13 companies, but Citizens Advice has been worried for some time about debt management companies which use words that could give the impression they are connected with government organisations or the CAB.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • elsie52
    elsie52 Posts: 1,902 Forumite
    I agree, it makes interesting reading. !.. Thank goodness for this site. It has been, and continues to be my lifeline. I am dealing with my debts and also now the proud owner of a savings account, albeit a very small savings account.


    June 2010 - 11/56 lbs Weight to lose before May 2011.

  • poorandindenial
    poorandindenial Posts: 4,097 Forumite
    OOoh, I hadn't seen yours Jonathon only rugbymum's, thank you too!
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Oops! Didn't see there were two threads either. :o

    Merged them and adjusted the title a little.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • MrsAudus2b
    MrsAudus2b Posts: 493 Forumite
    I saw this on the news this morning too - fantastic news! :T
    Joint debt with OH at LBM Sept 08 (excluding mortgage & student loan) - £34,069 :eek:

    Getting married 05/09/09 :love:

    To lose for the big day (lb) 2/51
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    About time something was done. We have been aware of this for ages.

    The classic example was here: Be careful when you google cccs
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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