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A fee charging debt management company is a firm that will charge you for debt advice and debt service. They usually take the first two months’ payments into your plan as upfront costs followed by 15% of your monthly payment plus VAT. The New Protocol launched in February 2013 will mean that the up front fees will be taken over six months. See Debt Management Protocol
There are some good fee charging firms operating in the debt industry and if you are happy with your firm then fine. However there are some shockers out there and we have the following guide to help you spot them, see our 7 point guide to spotting a dodgy debt advice website!
If you are thinking of starting a debt management plan or wish to transfer to a 'non' fee debt management plan and not pay fees then see how much we can save you by using the slide bars on our unique fee saving calculator above.
Energy providers to be forced to offer cheapest tariffs
Page last updated Friday, 19 October 2012
Energy regulator Ofgem has unveiled proposals to force suppliers to tell customers about the cheapest gas and electricity tariffs they have on offer in an attempt to make the market "simpler, clearer and fairer".
Under the new proposals the firms will have to inform customers of their cheapest tariff on energy bills. The proposals will also restrict each energy supplier to no more than four core tariffs for each fuel.
Duel fuel discounts
These will be listed separately to increase transparency and clarity. Under a proposed pilot scheme suppliers will have to inform those who have not switched for three years or more and the most vulnerable customers.
Need to complain about an energy provider?
If you need to complain about an energy supplier and don't know where to start then we have produced a simple to use three step guide to help you at - How to complain or you can download the Ofgem leaflet which also covers phone or doorstep energy sales.
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Are you owed thousands of pounds in mis-sold Payment Protection Insurance (PPI)?
If so we can help you claim in two ways, either use;
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our free DIY template letters, or
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a firm to help you with a LOW FEE of 12% + vat
Our recommended firm will handle all the claim on a "No Win, No Fee" basis with a fee of 12% + vat, which is only payable if you have a successful claim.
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