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Seeking advice from Money Advisor financial advisors

Hi MSE, is it safe to seek the advice from Money Advisor who i saw an advert for re helping people with their debt?  I currently manage mine by paying the minimum each month, but have managed to move it to interest free accounts.  I see they can sometimes reduce a portion of the debt and make repayments more manageable, especially in light of current financial times.  I don't want to end up being scammed or in a worse position than i am already.

Thanks for any advice

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    You'd do better to seek advice on the DFW boards here.  Money Advisor will direct you to a fee paying IVA company.
  • Charities like Step Change are the way if you need help, any sort of service where you pay a fee to get advice you can get free is crazy when you're in debt
  • born_again
    born_again Posts: 21,017 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Charities like Step Change are the way if you need help, any sort of service where you pay a fee to get advice you can get free is crazy when you're in debt
    +1 ON THIS.

    Do not pay anyone to help you. 
    Life in the slow lane
  • Wow, that was fast...thanks.  I will take a look into Step Change.
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