So Just How Joined Up Is Debt Advice In The UK?

The Government has been vocal about the fact that is keen to promote a joined up approach to the provision of debt advice in the UK. However it would appear that the reality of the situation is that this ambition is a very long way from the actuality of debt advice in the UK today.

Indeed the various providers of debt advice and management are hardly best of pals. Providers of consumer funded debt management plans assert that creditor funded debt management companies are not impartial as they ultimately rely on creditors to survive. Creditor funded organisations proclaim that they are independant however and bicker about the fees that are charged to consumers by commercial debt management organisations.

Within the creditor funded sector the grumbling continues as charitable organisations assert that other debt management organisations should operate from a starting point of being 'not for profit' and should not be set up as commercial ventures designed to make shareholders money. Indeed there are notably distinct camps within which debt advice allegiances have been made and bed partners have been chosen.

It is interesting to note that the indebted consumer simply wants to work with organisations that can provide the best advice that will enable them to get out of debt as quickly and and painlessly as possible. The indebted consumer cares not one jot about the squabblings of various organisations seeking to protect and grow market share and voice. They simply care about getting good help in order to get out of debt.

http://www.myvesta.org.uk