Thursday 25 August 2011

Advertisements vs Reality

Immediate Finance (Trading Name of "House & Home Care Ltd" - I guess this should have been a clue to the nature of the company if she had noticed it in the smallprint) who put my wife into the rapacious hands of Simple Debt Solutions stated that debts could be restructured to reduce them by up to 75% and that the debt would be repaid within 60 months. The reality was a 0% restructuring and 0% repayment after 2 years. The only big percentage were Simple Debt Solutions fees - roughly 26% of what she originally owed.

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