Hamilton reese problem

Doyley1503

Good Morning All,

I am currently on a debt management plan with the above and I am paying them £250 a month to be paid to my creditors.
On reviewing my payments I have realised that only £205.63 is in fact going to my creditors.
I was told that my first 2 monthly payments paid for the service and Ive been on the plan now for 3 1/2 years.
The plan was originally with William Goldberg and they then merged to become Hamilton Reese.
Any advice would be hugely appreciated.

Many Thanks

Daniel

billinghamfan

Move to CCCS or Payplan they are free.

Tixy

Commercial debt management companies usually charge a % managemen fee from your ongoing monthly fees, as well as the first 2-3 months being set up fees. Have you still got your original paperwork? it should mention these.

How long do you have left based on your current repayments?

Switching to a free provider - such as CCCS or Payplan will save you these fees and get you debt free sooner. Or some people decide they can manage the self-manged DMP route.