Review from Kirsty (1661 views)

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Review of: Debtmatters
Review date: 02 January 2007
Insolvency Practitioner who handled case: Not Known
I proceeded as far along as: Free Advice
The solution I opted for in the end: Consolidation Loan
 
Speed of response
No of days to make a decision after I spoke to IVA company: 7 days
Weeks to IVA proposal after decision made: 2 weeks
Weeks to IVA accepted/rejected after decision made: 6 weeks
 
IVA Company Ratings
Their debt solutions expertise: 9 out of 10
Their customer service: 8 out of 10
Their speed of response: 8 out of 10
Overall Company Rating: 9 out of 10
 
Insolvency Practitioner Ratings
The quality of IVA proposal: 6 out of 10
Overall Insolvency Practitioner Rating: 6 out of 10
 
My circumstances:
I was just letting my credit card use get out of hand. I didnt have a high debt level so I was advised to get a consolidation loan to help reduce my monthly payments.
My interaction with the company:
I found them to be very helpful and reassuring. I was glad to hear my problems arent as bad as I thought and there were options for me.
Why I gave the ratings I did:
The expertise and explanations I was given were excellent. I felt they really knew their stuff.
One thing they did - which really impressed me:
They did really seem to care and take the time to expain eveything to me so I knew exactly what my options were and what was involved
One thing they did - which I felt could be improved:
 
Other points
Now i pay a lot less and feel my debt is undercontrol and managable. I even could enjoy Christmas so I do think seeking help is the best thing you can do.

Community Comments of this review

Quality? Genuine? Date
5 out of 5 5 out of 5 11 January 2007
Comment: I work for debtmatters - I can assure you that we do not sell consolidation loans. We offer every debtor the best advise for them and if a consolidation loan is the best way forward we forward them on to the most ethical and reliabal company. I used to work for another debt before I came to debtmatters and the customer quality is so much better!!
 
Quality? Genuine? Date
3 out of 5 5 out of 5 05 January 2007
Comment: The only thing that concerns me is whether this company sold the "consolidation loan" - i know from personal experience - unless all other debt is paid off and you dont build up teh credit cards etc again - you will be back in teh same position in 2 years
 

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Reviewer quotes

  • Debtmatters
One thing that did impress me was that they spoke to my creditors on my behalf while I was undergoin...
Review from samantha, 09-Jan-2008
One part of the application process that really impressed me was the fact that all letters sent to m...
Review from Ronnie, 31-Jul-2007
A rep came to my house to go through things with me, he also explained that he himself has gone thro...
Review from leanne, 21-Feb-2007
Spoke to me politely.
Review from Little Lady, 19-Mar-2007
They did really seem to care and take the time to expain eveything to me so I knew exactly what my o...
Review from Kirsty, 02-Jan-2007

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