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Which Debt Help Company?

Hi there,I have got myself in some debt that I am struggling to repay due to some unforseen circumstances.I owe around £5500 to around 8 creditors and they are mainly payday loans.I want to pay my debts off over a longer period of time and see all these adverts for companies that can "help".Does anyone know of a reputable company who can help me with a new payment plan.Thanks in advance.

Comments

  • RAS
    RAS Posts: 37,069
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    Hi

    You need to spkea to one of the debt charities listed here http://www.moneysavingexpert.com/loans/debt-help-plan#help

    The first and most important thing however is to open a new basic bank account, close the other one and cancel your cards on the old one.
    If you've have not made a mistake, you've made nothing
  • Fitzer2000
    Fitzer2000 Posts: 308 Forumite
    I've been with Payplan for a couple of years now and find them helpful. Only problem I've had was trying to contact them, you tend to wait quite a while before getting through. I was referred to them by National Debtline. There are others such as CCCS. NEVER pay a company to help manage your debt as there is a lot of free advice and support, especially here! Thanks for posting.
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