Debt Advice

Stressedoverdebt_2

Has anyone ever dealt with innovativefinance.co.uk?

I'm having an awful experience with them, can anyone recommend a good debt management company?

savingmummy

Hi and welcome.
What problems are you having? What has or hasn`t happened?

If you can give us a bit of a detailed picture we may be able to advise and help you to sort this out.

This link here has some info on good people to contact regarding debts etc http://forums.moneysavingexpert.com/showthread.html?t=2077631

RAS

How much do they charge you each month? How do you terminate the arrangment? Check your paperwork.

You will repay your creditors quicker usign a free debt charity or PAyplan http://www.moneysavingexpert.com/loans/debt-help-plan

areyousure

hi, have you tried debt remedy with cccs. i done it just last nite, they are a great help. good luck.

immoral_angeluk

Never, ever use a fee paying DMP company. I'd recommend cancelling your agreement with them, getting your documents back and going down to your local CAB, or contact CCCS or Payplan.

Stressedoverdebt_2

savingmummy wrote: »

Hi and welcome.
What problems are you having? What has or hasn`t happened?

If you can give us a bit of a detailed picture we may be able to advise and help you to sort this out.

This link here has some info on good people to contact regarding debts etc

They said they are different to the CCCS and payplan etc as what they do is look to write off all your debts and in the meantime reduce my payments. The reality is they dont seem to be getting anywhere with writing the debts off or even better compensation which they said i was entitled to, in fact my creditors are applying shed loads of interest and my debts are spiralling even more out of control.

I'm confused now which companies to believe since mines turned out to be a joke!?!?

immoral_angeluk

Stressedoverdebt wrote: »

They said they are different to the CCCS and payplan etc as what they do is look to write off all your debts and in the meantime reduce my payments. The reality is they dont seem to be getting anywhere with writing the debts off or even better compensation which they said i was entitled to, in fact my creditors are applying shed loads of interest and my debts are spiralling even more out of control.

I'm confused now which companies to believe since mines turned out to be a joke!?!?

Get away from them ASAP!

CAB, CCCS and payplan are charities so help for free and don't give false claims about compensation and writing off debts.

RAS

Ok

So they are not a debt managment company.

The OFT has advised people to avoid companies who write off debts.

RAS

This might make useful reading http://forums.moneysavingexpert.com/showthread.html?t=1733037

Stressedoverdebt_2

RAS wrote: »

Ok

So they are not a debt managment company.

The OFT has advised people to avoid companies who write off debts.

They do both, write of debts and do you on a debt management plan.

How on earth do these companies get away with even trading, sure the goverment do not allow this, they've conned me out of over £1000 in fees over the last4 months alone. wouldnt mind as much but i've had to do with out food to make these payments and scavenge from family. Its disgusting the goverment allow companies like this to carry on trading

Stressedoverdebt_2

RAS wrote: »

This might make useful reading /QUOTE]



Thanks for that Money Saving link RAS... much appreciated.:A