Frequently Asked Questions

Who are we?

Debt Free Advice is one of the largest Licensed Independent Financial Management companies in the UK. We are not backed by the banks or any other financial institutions. The service provided to you is completely confidential and is available for any levels of debt. Debt Free Advice is licensed by the Office of Fair Trading, ensuring that our advice is ethical and professional.

Is There a Charge For Our Services?
A Distribution and Management charge is made by Debt Free Advice on the monies paid to your creditors. This figure is included in the monthly payments you make to us and can be subject to a minimum or maximum charge, this will be discussed with you when you have completed the relevant online forms.

 What if my circumstances change?

Debt Free Advice undertake six monthly reviews enabling us to maintain the request for interest to be frozen on your accounts. By keeping to your plan we will hold all future negotiations with your creditors, giving you peace of mind and solving your debt problems.

We will deal with your request in
the strictest confidence

How Long Does The Service Last?
Most people wish to remain with the programme until all their debts are cleared. Our service is provided with a condition that you continue on the loan restucture programme until your debt is settled. Should you pay your creditors direct during the repayment programme, you will be liable for the administration costs involved.

Failure to keep to your agreed plan may lead to the cancellation of the loan restructure programme, which would mean creditors may take action against you for recovery of the debt.

Consumer Credit License No. 580648 Data Protection No. Z1973880

Debt Free Advice, L & M Business Park, Norman Road, Altrincham, Cheshire WA14 4ES
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