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Debt solution company

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Hi all can anyone help I'm with a debt company called one debt solution for just under a year I pay £50 a month for debts of £5,500 but I only hear from them to collect my payments every-time I ask they are waiting for two of my creditors to get back to them and two they are paying back but I've had no conformation of this what can I do I think I made a big boo boo.

Thanks

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  • fatbelly
    fatbelly Posts: 22,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    edited 1 June 2012 at 7:03AM
    Hi all can anyone help I'm with a debt company called one debt solution for just under a year I pay £50 a month for debts of £5,500 but I only hear from them to collect my payments every-time I ask they are waiting for two of my creditors to get back to them and two they are paying back but I've had no conformation of this what can I do I think I made a big boo boo.

    Thanks

    Ditch them and go with CCCS/Payplan

    http://www.moneysavingexpert.com/loans/debt-help-plan#help

    Rather than a 110-month debt management plan you might be suited to a Debt Relief Order
  • Gordon_Hose
    Gordon_Hose Posts: 6,259 Forumite
    Debt-free and Proud!
    Yep, you definitely shouldn't be paying someone to help with your debts.

    CCCS or Payplan will do everything your current company do for free. Imagine that fee could go towards getting you debt free sooner.
  • lucylong1
    lucylong1 Posts: 26 Forumite
    fat belly i would also like to thank you for that link to cccs, as i had been reading people who went with the wrong ones, though i have already signed up to them with help from others on here on my other thread but yet to pay them untill next week due to me waiting on new account froma new bank. thats great advice
  • freshstart11
    freshstart11 Posts: 416 Forumite
    CCCS are fantastic - they were happy to check over my self managed DMP

    previous spoke to Payplan and they were helpful too x
    Official DFD: Dec 29
    Challenge DFD: July 23
    Debts Cleared: 1/13
    Building EF: £20/£600 3%
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