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Consumer Debt Aid
Madaboutpink
Posts: 1 Newbie
Has anyone heard of this company or had dealings with them? Are they legitimate or should I stay clear??
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Comments
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sounds like a back hole companyDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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If they are a fee charging DMP company or if they promise to magically write off 80% of your debts, RUN AWAYISA £1675
MiniMoohound savings £3685.86 :T Plus £3800 CTF 
'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
Poacher turned Gamekeeper
Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 200 -
^^ this bunch of cowboys?ConsumerDebtAid.co.uk is a registered domain of Premier Trading Plan UK LtdRegistered in the UK at Papworth Suite, Surrey Place, Mill Lane, Godalming, GU7 1EYRegistered Under Company Number: 08378179 | CRM Number: CRM23646 | FCA Number: 657020 | ICO number: A1046430
Nothing good ever comes from a LTD company administering debt 'aid'.
Steer well clear, they will fleece you for fees etc, charge you for a job you can do yourself . If that wasnt bad enough, a limited company can fold at any time taking your money with them. You will have no redress and if you are very very lucky, you might get 1p in the £1 of your lost cash.
oh...and this gem should have you running away very fast....Typical programme fees range from 15 - 17% of your enrolled debt and programme length ranges from 24 - 60 months. Retained payment may place you further into arrearsDebt Free! Long road, but we did it
Meet my best friend : YNAB (you need a budget)
My other best friend is a filofax.
Do or do not, there is no try....Yoda.
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Stay clear. Try one of the debt charities such as Step Change or Christians Against Poverty (you don't have to be a Christian) instead.0
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Hi Madaboutpink
Just following on from others
Going with a genuine free DMP provider has always been a no brainer for me however people have the right to choose if they so wish but always best to fully understand anything that you enter into including costs & fees
There is also the option of self - managing which is definitely getting easier for those that feel confident enough.
General info on debt management plans including self managing below from Citizens Advice CABmoney
https://nedcab.cabmoney.org.uk/remedy_4.asp
https://nedcab.cabmoney.org.uk/dmp.asp
https://nedcab.cabmoney.org.uk/dmptour.asp
Also, and maybe more important at this stage, have you had advice on all your options? if not best to get advice based on your full circumstances from one of the charities such as CAB, NDL & SC - CAB link below that might help in the meantime
https://nedcab.cabmoney.org.uk/
PS - maybe put up your SOA
Your choices at the end of the day
Best Wishes
DC0
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