Debt Matters - Are these another loan company?

black-saturn

I just saw an advert on TV for a company called Debt Matters. The advert goes on about how they offer advice and simple solutions. I found their website here http://www.debtmatters.co.uk/ but I can't help thinking they are a consolidation loan company and if so the advert is really misleading.

wanna-be-mortgage-free_2

Just been on the website...

DebtMatters never charge up front fees. We are always happy to work on a 'no win/no fee' basis, which means that if we can't get you the exact deal that you are looking for then you will pay absolutely nothing.

Furthermore the arrangement that we will put in place for you will be structured in such a way so that the costs of the arrangement are taken from the money paid to your creditors. This means that at no time will you receive a bill from us for any work that we do for you.

Beware not a FREE service!

black-saturn

Is it a consolidation loan company?

wanna-be-mortgage-free_2

From the website I would say no. They are offering to do what CCCS and payplan do only you pay them a fee. It took me ages to find out if they charge, it was hidden very well indeed.

kevin_M

dont all the on TV adverts.. the we are trying to help(screw you out of money)

best bet is CCCS or Paypaln. them are the goodguys

wanna-be-mortgage-free_2

kevin_M wrote:

dont all the on TV adverts.. the we are trying to help(screw you out of money)

best bet is CCCS or Paypaln. them are the goodguys

Pity CCCS or Payplan couldn't get some free tv adverting...

kevin_M

i totaly agree... but normaly like everything else money talks. so the people that get adverts are yes car credit with 30% apr, regency morgage co high apr, debtfree tv. and a billion loan co's picture, loans, ETC

so the story goes if its on TV AVOID.