Secured Loans - help!

paulinetc

Thanks for all your advice guys. I will be looking into this and getting some free debt advice. I am sure I can probably manage myself without going down the secured loan route. You've all made me see sense!
Thanks.

purdyoaten

Apples2 wrote: »

I struggle to believe PayPlan advised you to convert your debt into a Secured loan, are you sure that is what they advised?

I was also doubtful - appears I was wrong!

https://forums.moneysavingexpert.com/discussion/5019623

SnowTiger

fermi wrote: »

Sadly, they often seem to be more interested in selling products and services than giving debt advice these days.

Not in all cases by any means, but a bit too often all the same.

Interesting. PayPlan's parent company is a broker.

Search for Reach Financial Services @ http://fca-consumer-credit-interim.force.com/CS_RegisterSearchPageNew

Registered Name

Reach Financial Services Limited

Trading Names

Cover My Wheels, Cover My Home, Www.Reach-Fs.Com, Www.Reachfinancialservices.Co.Uk, Www.Reachfs.Co.Uk, Reach Financial Services, Payplan Financial Services, Www.Reach-Fs.Co.Uk, Cover My Travels, The Remortgage Business, Safeguard

Credit brokerage
Credit Information Services (Excluding Credit Repair)
Debt-Counselling on a Commercial Basis