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What is the best solution

arj10
Posts: 2 Newbie
My husband and I owe approx 37K on credit cards plus a business loan 12K. Have contacted CCCS who have given us an affordable repayment but we contacted our financial adviser who has put us in touch with a co called Solace. They will set up a DMP and alongside will try to get debts cancelled through bad selling but will charge a fee. What would the best action to take?
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Comments
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Go with CCCS
and your finicial advisor needs a smack:DPROUD TO BE DEALING WITH MY DEBT NERD #869Numpty,Not sure why but I'm crying. 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
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Numpty_Monkey wrote: »Go with CCCS
and your finicial advisor needs a smack:D
I absolutely agree with Numpty, go with CCCS. This is one of the reasons I do not personally rate IFA, they are sometimes in it for the money, mine certainly was, he didn't have my best interest at heart.
The advice was from my IFA, remortgage, and then 5 years down the line when I respent on credit cards...remortgage..Fortunately I woke up and smelt the coffee.0 -
I absolutely agree with Numpty, go with CCCS. This is one of the reasons I do not personally rate IFA, they are sometimes in it for the money, mine certainly was, he didn't have my best interest at heart.
The advice was from my IFA, remortgage, and then 5 years down the line when I respent on credit cards...remortgage..Fortunately I woke up and smelt the coffee.
Hi hun, well done on starting to deal with your debts.
I totally agree with these guys. Exact same happened to me, ran up debts and was advised to remortgage,:mad: then surprise surprise ran up more debt. No remortgage this time, almosy cost me my marriage to make it worse. Start dmp with cccs on 1st Oct and gonna be hard few years to pay it off, but will learn lesson hard way and won't be using credit ever again.
Good luck and keep us informed on how your doing. XAugust 2009 - Debt free - August 2013
Total Debt - £21,478
New Debt - £0.000 -
Hi hun, well done on starting to deal with your debts.
I totally agree with these guys. Exact same happened to me, ran up debts and was advised to remortgage,:mad: then surprise surprise ran up more debt. No remortgage this time, almosy cost me my marriage to make it worse. Start dmp with cccs on 1st Oct and gonna be hard few years to pay it off, but will learn lesson hard way and won't be using credit ever again.
Good luck and keep us informed on how your doing. X0
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