Why pay fees for a debt management plan? See how much we could save you
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.
Page last updated Tuesday, 23 October 2012
CreditToday: London hospital seeks debt recovery provider
A London-based hospital confirmed that it is seeking expressions of interest from companies to perform collection and tracing services on a “no win, no fee” basis for the recovery of unpaid debt related to overseas patients, private patients, salary overpayments and corporate debt.
St George’s Hospital NHS Trust has put a contract out to tender for the provision of debt recovery services. In a notice, the NHS trust said that the service provider would be a “one stop shop” providing debt collection, tracing, pre-legal action and litigation and would be required to work on a “no win, no fee” basis.
The contract will include collection and tracing of non-NHS debt from UK-based activity, Europe, the Middle East and Africa, North and South America, and Asia and the Pacific regions.
Debt Survival Kit
Anyone that has previously struggled with debts will agree that it is often very difficult to get back in control especially if they are dealing with an aggressive or demanding creditor or debt collector.
Many borrowers complain of being bulldozed, bullied and intimidated into making payments they cannot afford, so why don’t we wise up and take those particular debt collectors at their own game? It’s relatively easy to do; all you need is an hour or so of your time. Take me to the Debt Survival Kit
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;
our free DIY template letters, or
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 for a fee of just 12% + vat, which is only payable if you have a successful claim.
It's that simple. Take me to: