Whenever you are experiencing debt problems, it’s always best to speak to someone about it as early as possible. You’d be surprised how much it can help to talk through your problems with someone; the only problem is making sure that you are getting the right advice! All too often here at Your Debt Expert, we hear of people who received bad advice that has put them off dealing with their debt problems. Even worse, there people who have been given “good” advice, only to find that they’ve been swindled by a dodgy advisor.
There will always be sharks out there; the key is knowing how to spot the difference.
To help put your mind at ease, here’s Your Debt Expert’s advice on what to expect and what to look out for when you’re looking for debt advice-so you can be sure the advice you’re getting is right:
The best advice is free
No matter where you go to get your debt advice, it should be free. Citizens’ Advice and CCCS are both charitable organisations that give free advice and any commercial debt company that is worth considering will give free advice too.
Speak to a reputable company
Make sure that you know exactly who you are speaking to and that you trust what they are saying. Make sure to check out their website and do some research about them before dealing with them in any way. Do they list an address? Are there any online reviews etc. that are available? Even simpler, does their website look like a legitimate site, or does it look fake?
Get a second opinion
Any debt solution will have a huge impact on your financial future so if you are confused about anything or unsure of the advice you’ve been given, get a second opinion. If you don’t agree with it, you can ignore it but at least you sought a different point of view before embarking on a long road.
Make sure it’s right for you
At the end of the day, all the experts can only guide you as to what action to take; it will always be your decision on how and when to deal with your debts. So make sure that you are fully satisfied with your decision.
Meet them in person
Although there is no legal requirement, most debt solution firms will have a policy of having a meeting in person before agreeing anything or even simply discussing your finances. Although there are some who do not, it is usually best to meet with whoever is giving you advice; how else would you know that they are who they say they are?
It goes without saying Your Debt Expert’s advice ticks all of these boxes. We give free, no obligation advice to anyone who needs it. We also are impartial because we offer the full range of debt solutions i.e. we won’t push you into signing up into a certain debt solution over another. So even if you don’t get advice from us, make sure to avoid the sharks and get advice from a company that wants to help you.