I have a debt management plan with Churchwood Financial & I need help please.

NatwestInsuranceMan

Hello everyone, I have currently got a debt management plan with Churchwood Financial, they are based in Stockport. (http://www.churchwoodfinance.co.uk/)
Every month i pay £175 to them via direct debit, this gets split 3 ways.
Part of this goes towards paying my MBNA Credit card (current balance £683).
Part of it goes towards paying off my Alliance & Leicester loan (current balance £1237) and the last part of it is paid directly to Churchwood as their fee/charge, which i think is approx £36 a month.
Just wondered if anyone else has had dealings with Churchwood or if anyone has left them? I am tempted to leave them but i don't know how this will affect my payments for my Credit Card & Loan. I don't want to pay them a fee every month when i could use £36 on something else, like clearing my debs quicker. Any help really appreciated.
Thank you everyone, from a worried man, getting balder by the day!

matttye

Get rid and go with a free debt charity like Stepchange or Payplan.

Fee paying DMPs are a bad idea as it will take you longer to clear your debt.

happy_bunny_2

Talk to a free charity. You can always send a payment yourself while transferring.

If you do it after the next payment, you have a month to sort it, but check the notice period in your current providers terms.