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Members of the Association of Finance Brokers
Free Debt Services - Debt Charity or Charities
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FREE debt charity or debt charities that offer a NO FEE service! - Are you Using a FREE debt charity or debt management company? -
Well known credit companies fund some of the free debt charities or free debt service companies so they can offer a FREE or NO FEE service?
With the increase in available credit in the UK, the number of debt management companies has also increased dramatically over recent years. Whilst most of these companies are professionals working entirely in the interests of their clients, there are some who do not and as with anything in life, consumer beware!
Free debt services or debt charities / charitable organisations.
If a company doesn't charge for their debt management plan or service, there could only be one or two reasons why this could be.
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Either they are a charity like the Citizens Advice Bureau (CAB),
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Or they are being funded by an individual or another organisation. That other party could well be the creditors you owe money to.
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FACT: very few charities or companies in Britain can work for nothing.
If you are currently with a free credit management service who doesn't charge you for their services, you have the right to ask them how they are funded.
At Lewis Alexander we make no secret of the fact that we do charge for our services. These charges are for working for YOU with YOUR interests at the heart of everything we do. These charges are accepted as fair and proportional within the industry and are all above board and agreed up front.
A free debt charity will not always offer to deal with your creditors for you, they sometimes can only advise you on how to deal directly with your lenders which is known as self debt management.
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A big selling point is that debt charities are FREE!
Free debt charities offer similiar debt plans to most other debt companies, it is usually the credit card and loan companies that contribute funding to the main charitable debt organisations.
If you would like further information about how you could benefit from our debt management services or any other service we may offer, please contact us to discuss any personal debt problems you may be suffering from.