Has eny one had dealings with Money Expert and/or Immediate Financial?

Chigs362

Hi all sorry if I not put this in the correct place,
I have debt which I now have the means to clear but with the intrest on intrest my best estamate is it will take me 30 years to pay off,
Money Expert (not moneysavingexpert) have gone through my situation and say thay can take over my debt and clear me of the debt in three and a half years paying out only half what I need to pay now.
To good to be tru? Has any one elce heard of this company and if so what is your experience with them?
thanks
James

mr.ton

Not heard of them personally, but i wouldnt go anywhere near these companies personally.
You can get better advice on forums like this for free.

Chigs362

Thankyou because of my situation I think I run out of options and this is the first company to even offer me a solution.

mr.ton

Companies like this are vultures & only have their best interests at heart - not yours, and at the end of the process - nothing will have changed for you.
Save your money and stick to forums like this instead.

Ames

Have you tried the companies that do it for free, CAB, CCCS or CAP?

Chigs362

Hi I just found there number I will give them a call thankyou

Geebee

This link could help you...

https://forums.moneysavingexpert.com/discussion/2077631

It has the details of all the debt charities, they will maybe be able to advise you of the best course of action for your circumstances. Whatever you do, do NOT go and pay for any services, all those companies are interested in, is making money from your misery.

GB

Chigs362

LOl CCc are closed, what can thay do? I dont understand do thay reduce your debt?

mr.ton

The CCCS cant really do anything different than what you cant do yourself or with the help from forums like this.

Chigs362

Hi please dont think I being dificult, but I not good with these forums I find them compllicated to navigate, so how can this forum help me out?
Im guessing I say I ow this money, and someone says swap the money from one card to another for example?
OK i ow 37000 on 4 c/cards, now have bad credit so cant remorgage take out a loan or get/swap cards, im self employed with a monthly pay from nothing to £2000, bills 1000 and min card payments 900, somtimes I make it somtimes I dont, any sugestions?

mr.ton

Never take on any extra lending etc.....in order to sort debts out.
The simple answer to your prob is to put everything into priority - things like rent/mortage, council tax, other domestic bills, clothes, food & travel costs are top of the list - everyone else does not matter & if you offer them a £1 per month, then you are seen in the eyes of the law to be paying something and its their problem if they dont accept it.