Not before time

This bill is long overdue:

Fee Charging Debt Management Companies (Promotion of Free Debt Management Advice) Bill 2010-11 UK Parliament


It has been VERY well received so far. I'd almost go one step further and ask if we need Government funding for good debt advice nowadays as there are so many good, free, self-funding sites, charities etc... around, one has to question whether the money pumped into the government supported ones is money well spent.

This becomes particularly pertinent when one considers that Payplan / CCCS give a percentage cut to the Government for the work they do, so can they really be said to be impartial and free?

Quite a big issue really. This is certainly a step in the right direction.

[charitynjw]

Re: Not before time

As long as someone keeps an eye on how those Govt. funds are spent, lol!

http://www.moneymarketing.co.uk/advi...042023.article

(I believe that there are updates on this (eg. approx £250,000 spent on revamping website, etc.) http://www.moneymarketing.co.uk/regu...042203.article

[labman]

Re: Not before time

Quite - don't get me started. It's a real sore point with me, and such an abuse of their position. They are not the only ones mind, others are as bad or worse. They just got caught!

[Gorang]

Re: Not before time

I got a feeling that I have a better chance of winning the lottery than someone keeping an eye on how government funds are spent lol

As long as someone keeps an eye on how those Govt. funds are spent, lol!

[labman]

Re: Not before time

I got a feeling that I have a better chance of winning the lottery than someone keeping an eye on how government funds are spent lol

And I bet they waste several times more than you would win if you the jackpot, year in year out.