Debt Fixers is changing!

Please be advised that as of 3rd October all future correspondence from us will be sent from our parent company Money Debt and Credit Ltd.

This in no way effects your debt management scheme with us and you don’t need to do a thing. We simply like to keep you up to date with our ever-growing organisation.

Debt Fixers is a trading name of Money Debt and Credit Ltd; so don’t worry, you are still dealing with the same helpful staff!

If you have questions, don’t hesitate to get in contact on 0800 7076108

Click here to redirect or you will be automatically redirected to the Money Debt and Credit website in 30 seconds

Debt advice agencies "must not be last resort", says FSCP chief

Debt advice agencies "must not be last resort", says FSCP chief

- Tuesday, 7 July 2009

Nearly half of people facing mortgage difficulties confessed to not seeking advice to help deal with their problems, according to new figures from the Financial Services Consumer Panel (FSCP).

In a speech to the Council of Mortgage Lenders (CML), chairman of the FSCP Adam Phillips, said that 41 per cent of people did not seek help when in financial difficulties, despite seven out of eight believing their problems to be serious.

Mr Phillips said: "When people get into difficulty with their mortgages, they need constructive help and advice on the best way forward.

"We need to do much more to encourage consumers in difficulty to get advice early. debt advice agencies must not be seen as a last resort when all else has failed."

The FSCP has said that the "most significant driver" for people not seeking debt advice when they most need it, is due to "perceptions of the sector".ADNFCR-2300-ID-19253043-ADNFCR
Latest Debt Management Plan NewsDebt Management Plan News ArchiveContact us to discuss Debt Management PlansEmail this article to a friendSubscribe to our RSS Feed

Recent Debt Management Plan News

56% of Brits have no life insurance which could leave family with debt problems

Wed, 04 May 2011
More than half of UK adults currently have no life insurance cover, which could mean their loved ones are left with debt problems when they die...

Brits thinking about retirement advised to seek debt advice

Tue, 03 May 2011
Consumers considering their retirement options have been advised to seek professional advice, as they may end up with debt problems in the future...

Brits planning to attend a wedding should start saving to avoid debt problems

Thu, 28 Apr 2011
Consumers concerned about getting into credit card debt to pay to attend a wedding may want to use their savings instead...

Couples planning their big day can avoid debt problems by negotiating a cheap wedding

Wed, 27 Apr 2011
Couples-to-be worried about needing debt advice in the future after paying for a wedding can ensure they avoid accruing debt problems by negotiating a cheap wedding...