Articles Tagged With: Debt Management Companies

Consumer group Which? has backed the Office of Fair Trading's OFT decision to launch a review of UK debt management practices. The review – the OFT's first into the industry since 2003 - will look

As everyone knows, some from very bitter experience, it is really easy to get into credit card debt. One day it feels like you get a credit card, you spend a little on it, then you have to make a couple of bigger purchases, then you find that the interest rate increases and then before you know where you are, you suddenly end up owing thousands on your credit card.

Years ago debt management companies had a poor reputation. They were often seen as preying on vulnerable people, getting them to sign things they didnt quite understand and basically making a lot of money out of people who were in debt. But my, how times have changed!