Bogus ‘free’ debt management companies

New advertising rules have been introduced to stop fee-charging debt advice companies misleading the public about ‘free’ services.

CCCS provide no-fee debt management plans. Find out now if you qualify with a free, private, no-commitment online consultancy from CCCS|DebtRemedy

First port in a storm

Until recently, companies have been advertising ‘free’ debt advice in order to lure unsuspecting consumers into parting with money to allow the firm to manage their debts.

We understand that when it comes to debt advice, desperate consumers might not shop around and instead opt for the first port in a storm. Commercial companies providing debt management plans have been clever at taking advantage of this and enticing customers with misleading offers of a free service.

‘Free’ advice could cost a fortune

Our research shows that clients on debt management plans with fee charging companies not only pay a high price but also take a lot longer to pay off their debts.

Many people do not expect these hidden costs, which can be as much as £5000. This is alarming considering there are free charitable services available, like ourselves.

Get free advice from a charitable service

As the UK’s leading debt help charity we welcome the changes made in the advertising rules concerning the term ‘free’ and its use. We are also glad to see new codes requiring offers of financial products to be presented in a way that can be easily understood by the audience, rather than taking advantage of consumers’ inexperience.

Contact CCCS now

If you are experiencing financial difficulty or having problems maintaining your credit payments, we are here to help and it won’t cost you a penny.

  • Get in touch with us and get impartial advice from a respected charity
  • We can identify the best debt solution available to you
  • You won’t pay a penny for our debt advice and services

With our online counselling tool CCCS Debt Remedy, you can discover the best solution to your debt problem

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© Consumer Credit Counselling Service 2011