Debt Advice Companies Under Fire

The economic crisis and looming recession have put a lot of people under financial pressure.This in turn has lead to many seeking professional debt advice.Unfortunately this lead to an increase in the number of providers offering such services. In fact, many in the financial sector moved straight from selling credit based products to selling debt management packages, perhaps even to some of their old customers whom they helped get into debt!Unfortunately, this influx is starting to have a negative impact on standards, with many people complainig (particularly online) about the standard of debt advice they were given.