Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Mr Levy in his letter has asked that we don't do anything rash at the moment - I read this as not to make a complaint to the ombudsman yet until Mr Levy has done his thing and let us know if we are to get are money back. It may be that at some point the ombudsman is last resort but for now be patient and lets wait and see - I don't want to do anything that may slow his process down. It's hard this waiting game :tinysmile_cry_t:

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Mr Levy doesn't want the ombudsman looking over his shoulder

[Pallawan]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Ok that's the answer I was looking for. I couldn't see the point of contacting them until Mr Levy has some conclusive news. I asked because I read some people have contacted them. I agree it's best to wait.
Thanks everyone x

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

You need to know if your money is safe & unless Mr Levy can give you that assurance I would still contact the Ombudsman

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Anyone got any updates?????

[Pallawan]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

No .... This waiting is so hard.

[Nibbler]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

See:

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Hobart & Platinum again ..... who else was it ended up being sent there?

ahhh

First Step Finance, Welcome Solutions Ltd , Debt Connect (UK)

see http://www.legalbeagles.info/forums/...556#post444556

5.1 There will be no initial fees payable by you towards Platinum Management for your Debt Management Programme

5.2 We will take from each monthly payment under the Debt Management Programme a fee equal to 22% of the periodic payment, subject to a minimum of £38, however if a situation arises where taking the minimum would represent more than 50% of the full payment it will be reduced to 50%. If in accordance with our records you have conducted and completed your Debt Management Programme satisfactorily will, refund 9 months of management fee. EXCEPTION; Waiver of the latter fees will not apply where ‘full and final’ settlement has been arranged.

[Kati]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Hobart & Platinum again ..... who else was it ended up being sent there?

ahhh

First Step Finance, Welcome Solutions Ltd , Debt Connect (UK)

see http://www.legalbeagles.info/forums/...556#post444556

go to Stepchange or Payplan :lol:

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Hobart & Platinum again ..... who else was it ended up being sent there?

ahhh

First Step Finance, Welcome Solutions Ltd , Debt Connect (UK)

see http://www.legalbeagles.info/forums/...556#post444556

Having looked at their website they do appear to be pushing hard for IVA's ALSO I note they say they don't charge any UP-FRONT FEES

I suggest these are weasel words as they most likely do charge on-going fees but don't say so

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

ALSO can you put this somewhere prominent AME (if you haven't already)

https://www.lovemoney.com/news/38948...h%20newsletter

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Having looked at their website they do appear to be pushing hard for IVA's ALSO I note they say they don't charge any UP-FRONT FEES

I suggest these are weasel words as they most likely do charge on-going fees but don't say so

5.2 We will take from each monthly payment under the Debt Management Programme a fee equal to 22% of the periodic payment, subject to a minimum of £38,

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Quite Bloody Disgraceful that Levy is sending people there to fall into the same trap. If I were a former client of Bournes I'd now be telling Levy that on no account should my plan be transferred to this firm Also I suggest that because they do not place this fact on their website but hide it within the small print they should be reported to the FCA as this will mislead those already stressed debtors to think its free

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

lol, they must be so proud now.

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

FCA interim Permissions names: Tax Debts, Mercury Debt Solutions, Platinum Management ; Platinum Management Loans ; platinummanagementloans.co.uk ; Platinum Management £oans

Directors were also Directors of Hamilton Brookes