Consumer Debt Advisors ReviewsVerbraucher-Schuldenberater Reviews
Undoubtedly there is a large and growing number of individuals with debt issues. But the big issue is, how easy could you meet this need with the "intensive course in one day" and the on-going assistance of National Debt Advisors? At first sight this would be hard because there are two large charitable organisations offering free, impartial counselling and hands-on assistance.
Financed by the banking sector, these charitable organisations are able to provide free and impartial consumer counselling. - First of these is the consumer loan advisory service www.cccs.co.uk Tel.: 0800 138 1111. - And the second is a charitable organization named Money Advice Trust, which runs the National Debtline www.nationaldebtline.co.uk, tel.: 0808 808 4000.
Enterprises can also take advantage of the Business Debtline, www.bdl.org.uk, 0800 197 6026. Providing free, trustworthy and impartial advisory services, this is financed by the DTI and seven UK financial institutions. Creditors can also obtain counselling from their nearest citizen advisory centre. Nevertheless, despite an increased caution of debt managing firms in general, and despite free recourse to the best counsel on exactly what to do in their particular circumstance, many debt problem individuals just want someone to take the load off them and do everything for them.
Explore the truths about National Debt Advisors. In order to find the answer, please see the remainder of our insightful review:
Checking the local debt advisors
A small selection of the reviews is made available to the general public to help prospective clients make a decision as to whether or not to sign up, and also to help address some of the issues of general interest that arise with some of the reviews. Any other ratings are only available to subscriptionists.
Issues that arise are usually included in the scope of the reviews and interested reader should approach the entity with these issues and/or their own issues. There has been a significant effect of the onset of the worldwide debt crunch on the UK debt administration sector, which has seen unparalleled demands for advisory services to million UK homes with a total debt of more than a trillion pounds.
The Griffiths Commission on Financial Affairs said in its recent review that "the mere magnitude of consumer debt has made million homes highly susceptible to shock in the economies, both tax malpractice and outside factors," and "a slowdown in the economies would cause serious economical and societal difficulties for the 15 million struggling with debt repayment.
" It is a plague of tsunamis, and the possibilities for well-trained debt counsellors in the UK, in this expanding industry, are outstanding. Becoming a debt counselor can not only help those who find themselves in these challenging times, but also help those who are looking for a profitable and worthwhile job.
Debt Advisor classes are developed so that you can consider your current lifestyles, professional responsibilities and your home lives while studying to become a Debt Advisor in the UK. Every course includes a complete guide to the sector, a historical storyline, a core store facility, borrower solution, regulatory requirements, consumer credit licensing, consumer credit, consumer credit, customer roles and more.
Our affiliate LocalDebtAdvisors.co. uk also offers comprehensive on-site support for those applicants who have been chosen for the Fast Track course once the course, diploma and consumer credit license have been concluded. After completing your debt counseling education and obtaining your consumer credit license, you can set up your own debt counseling firm and take up your own work, be an employee of a debt managing organization, or work independently with a debt counseling firm such as LocalDebtAdvisors.co. uk, (a Debt Advisor Skills affiliate ), and help free individuals from debt stresses and turbulence.
DebtAdvisors.co. uk strives to win a significant stake in the UK debt advisory business and provides the most qualified and educated debt advisors in the UK to individual clients.
Debt Supervisor Skills has guessed that an seasoned Debt Supervisor will be able to close at least two cases per weeks. Debt advisors' actual fee ranges from 125 to 1,000 pounds for a closed case. Inspection: Acting as Debt Advisor Skills, You Skills Ltd will offer to educate you to become a Debt Counselor, and if you take their Fast Track course, they will tell you that you can then work for their affiliate Forbury Financial Ltd, which acts as a local Debt Counselor.
As your business, You Skills Ltd., was founded as Debt Advisor Skills in March 2008 and rested until March 2009, how can you "promise a new, thrilling and rewarding Debt Advisor carreer in the UK and make £40,000+ a year"? Certainly, with the amount of money spent on education, you will have very few educated so far, and certainly not those who have been working as debt counselors for a year or more?
Usually, of course, when a candidate is chosen to work for a business - and Debt Advisor Skills say that they have a "demanding screening process" - then their education is free. Though the Debt Advisor Skills website does not say that it is free, it does not say any costs for it.
So, is the workout free? When not, how much is it and why does the website Debt advisor Skills not indicate what the costs are? What can you say is that You Skills Ltd. has emerged as " the only UK Debt or Debt Education Organization " when a number of much higher ranking organizations have been providing debt education for years, e.g. 4.
If you say that You Skills Ltd. is domestic, do you mean that You Skills Ltd. provides trainings throughout the UK, or do you mean that you educate individuals who come from all over the UK? Of course, the keys to building a successfull accounts receivable consulting company lie in the good lead qualities, i.e.
Contacts of persons who are likely to be interested in your service. Debt Advisor Skills is likely to provide its students with lead - at least those who have been chosen to work at Forbury Financial Ltd. Are they coming from the own advertisement of local debt counselors, perhaps, and if so, where do you promote?
As per the information you provided to the Advertising Standards Authority in relation to a claim against your advertisement for "Trainee Debt Advisors Urgently Required...". Make 150 - 1,000 per million jobs Million need your help now," Local Debt Advisors provides 15 cases per employee per months. Naturally, there is a large and growing number of individuals with debt issues.
But how could your students be competing with the three large non-profit organisations that provide free, unbiased guidance and hands-on help - the Consumer Credit Counselling Service at www.cccs.co. uk and the Money Advice Trust at www.nationaldebtline.co. uk and Debt Advice Foundation at www.debtadvicefoundation.org. Of course, there is also the citizen advisory centre.
While you say that local debt advisors will allow local residents to establish themselves as debt advisors, isn't it the case that they could only be what is usually referred to as "importers", because under financial services rules they can only provide general guidance and not guidance on particular items? Could the work of individuals training with Debt Advisor Skills be just to call or speak to the individual over the phone to obtain information, complete a completed application which they then submit to a Financial Services Authority approved entity?
So if the individual works for local debt advisors (e.g. Forbury Financial Services Ltd), does that mean that the committee has to be shared with Forbury Financial Services because Forbury does not appear to be affiliated with the Financial Services Authority (FSA), so presumably Forbury will have to share the detail with an FSA-registered firm?
Personally, I see that you are the single executive of You Skills Ltd, and you are one of two executives of Forbury Financial Ltd, the other executive is Dermot Hanley. So for example, you described yourself as a "Writer/Director/Producer" for a disbanded firm named Wallop Ltd., another disbanded firm named Futureworks Media seems to have been engaged in education for creating work, another named Gizmodio Limited was engaged in engineering, and yet another named Peerclix Ltd was offering a free iPad to individuals who recommended their boyfriends after a promotional scheme you said was shown by "the huge hit of our free Sony PSP site".
Recently one of your recent businesses, Build Environment Skills and Training (BEST) Ltd., was in the shop, providing 3,965 worth of education for four panels, conducted over eight working day periods, to establish itself as a dedicated energy assessor in the shop and provide energy performance certificates for residential buildings under new federal laws.
In August 2009, BEST Colleges had required a favourable opinion from the Advertising Standards Authority regarding a media ad for "Trainee Debt Advisors Urgently..... Complainants asked whether the ad was deceptive because he was interviewed and said he had to spend 5,950 to register for the course, whereas no charge was mentioned in the ad.
Certainly it was You Skills Ltd who acted as Debt Advisor Skills in charge of this advertising? BEST Colleges had 600 college graduates in their classrooms according to an item in the Reading Chronicle on 12 September 2009, suggesting that your business has almost 2.4 million in advances.
Obviously, the issue that emerges from the information provided by Company House about your former businesses is whether you have expertise or experiences in the area of finance and debt administration? Dermot Hanley, your co-director at Local Debt Advisors, described himself on Company House data sets as a "Recruitment Director", suggesting that he is more turnover driven, but perhaps he has finance and debt administration expertise?
Credit Debt Consulting - We are seasoned debt consultants specializing in debt administration, debt consulting and debt consolidations. Obviously, managing a company as an importer is different from managing a company as an FSA-registered debt consultant. Does the person who leads your course and gives your consulting have previous experiences with managing a company as an introductor?
Is it possible for those interested in your course to get in touch with some of the individuals who have already completed it to get an overview of the company? That would be particularly useful if the mailing lists were to include persons who have been managing your company for several month or more.
This is the end of the question we sent to the local debt counselors. Obviously, if there is a charge to be paid and there are more than a few hundred quid, then anyone who intends to practice with Debt Advisor Skills should ask for payment in installments, which most coaching firms allow.
A possible reference point would be the contacts of persons who have recently been notified of a judgement by the Regional Court. Yet, such group are apt to be flooded with character from indebtedness administration institution, so your turning charge would probably be bad. On the other side, if the local debt advisors supply is their own lead from their own advertisements, then they should generate an appropriate return even though the usual sector expertise is that 70% of the lead is not leading to anything.
Asked the local debt advisors about the origin of their lead. Some of the best lead resources used by FSA-registered accounts receivable consultants are recommendations from experts such as bookkeepers and solicitors. But it is very unlikely that such individuals would be willing to refer introducing local Debt Advisors not licensed by the MSA.
Their best way of promoting will probably be using your own publicity, such as the newspaper and free periodicals. BTEC Advanced Certificate in Debt Resolution, with three additional units that require approximately 60 hrs of studies per unit and cost 175 pounds per unit.
For more information, please visit the Debt Resolution Forum website: Ratings for the education provided by the local debt advisors were still outstanding until we had the company's answer to the asked question. We have not received an answer from local debt counsellors. After reading the reviews about the Local Debt Advisors (LDA) I found them interesting.
Once I have read her ad in one of the free weeklies, I can verify that I have actually contact her. HRD "reviewed my resume", asked the question and then sold LDA and Debt Advisor skills - emphasizing all the advantages of their education, the trainer qualities - all the experts, etc.
The reasons include their scale, the aspirations for expansion throughout the country, the number of employees already educated and the individuals they had assisted. It was not possible to accredit the course, but they hoped to receive one in the new year. "6 "6 day course materials and lessons, examinations, CRB, assistance with CCL (consumer loan licence), 6,150 (incl VAT), 15 cases per months guarantee, skills fee of 2,000 (if LDA is added after training), net requirement 4,150 pounds.
By telephone, they pledged to cut the 4,150 by providing a subsidy of around 2,000 pounds, payable only after the start of the trade, with withdrawals made each months after a specified goal had been attained. However, I chose to end my interest because I could not get satisfying responses to my queries and could not check the agreement beforehand - something I needed.
In the room he walked in with all his weapons, he had only 10 min. to spend with me, he only wanted to spend with those who were serious about the job - no waste of my precious little bit of money, he couldn't hear my doubts, because others had taken over the duty of care and were satisfied with the circumstances - a judge, an bookkeeper and a lawyer (all professionals) were among those who had registered and had no problem, etc. ; when asked to talk to someone (see my FAQ list), no!
In order to bypass the DP rule, I proposed that he could give my phone number to a few of the advisers in his book and get them to call me, oh no! They wouldn't want to talk to anyone, they dared the jump and others could do the same..... I had seen an Energy Assessor ad for my sin before the LDA experiences - participated in an interviewer (discussed what EA was about, costs of exercise (which I thought was free), interested parties, etc.); did a computer-assisted psychological test at their Tolworth, Surrey office.
The test results (90+%) were available the next morning and I was invited to a traineeship; the costs for the apprenticeship rose by 15% because the fees stated the night before were without value added tax. Eventually, like the LDA, I had to go and signed a treaty in their office; I asked to have local copy of it so I could check it.
Thank you for your help with the verification and continue with the good work..... At the beginning of January I had a call from our locally based Standards of Trade staff to conduct a compliancy audit on our Fair Trade Office's website. Debt Advisor Skills should provide sufficient level of instruction for the relevant CCL.
Since then, I have been told by our standard trade bureau that this is not the case and that I need extra education before I can work as a debt consultant. Sounds like I have won nothing at all from my tide and my cash put into debt advisory skills or FORBURY FINANCIAL SERVICES.
Assertor Ltd., whose dealings will deal with receivables from mis-sold debt and mortgage receivables. Best Colleges Ltd, one of Simon MacTaggart's former educational firms, has now been closed. Another Simon MacTaggart firm, Assertor Ltd, which acted as a receivables manager to advise on unsold mortgage and loan receivables, is also on the verge of cancellation under the usual discretionary process.
Which is the best way to become a debt counselor? When you want to practice to become a debt counselor, it is better to prevent the risks of having to pay a flat fee to a recently formed debt counseling firm that has no proven track records and that cannot pass the course (as was the case with local debt counselors).
So, what are the more traditionally entrenched educational resources for the profession of debt counselor? Interviewed David Rodger, Managing Director of the Debt Advisory Foundation, the nation's charitable organisation at www.debtadvicefoundation.org., which provides free and unbiased assistance and guidance to anyone concerned about debt, both as a company and as a consumer.
Here it is, his advice: "This is because the consumer debt advisory sector falls far behind other finance service sectors in regulatory respects just because it does not belong to or understand any of them! Regarding each advisor, the most appropriate course material is likely to be provided by the Institute of Money Advisors (http://www.i-m-a.org. uk/qualifications/) or, if the particular advisor is particularly competent, ambitioned and equipped with the means to finance the survey, he or she may be trained as an insolvency practitioner (either through a judicial or accounting route) - http://www.insolvency-practitioners.org.uk/page.aspx? pageID=122.
Further monetary advisory skills are offered by: The DRF - http://www.debtresolutionforum.org.uk/training. The DRF is a self-regulating organisation for the debt industry. While the other free consulting classes definitely receive more recognition, this course can be positively evaluated by industrial companies. "David points out, however, that local debt counselors have overestimated the income typically received by debt counselors (unless you become an insolvent practitioner, which would require a formal bankruptcy qualification).