I posted a few weeks ago about my ex lass having money problems
and her using a Debt Company that took 3 months of money up front before they started helping .
Well she has now dumped that company ( but they keep ringing her up , anyway ) as she has now taken control of all her debts by ringing each creditor and coming to a lower arrangement . Pat on her back .
Unfortunately , she has probably lost the first months £ 350 that the company suggested they would use to pay the first months debts , before she discovered that they keep 3 months cash up front as a start up fee .
Luckily , she found out on month 1 , rather than month 3 .
She could have lost £ 1,050 and that's before , they start getting her debts down .
Any way as the above title says .... Ironic .
Bearing in mind , someone gets debt help because funds are low .
My ex phoned up Barclays and asked if they could reduce her Barclay's Loan .
It is done by way of extending the loan by a year , so the monthly payments come down ,
But to extend , she has to open up a new loan and shut down the old one .
All is fine .
Then she goes on line and finds that Barclays have credited her with ...
£ 1,150 . .
Aparently the old loan had front loaded costs which she had paid already until about 2014 and they refunded them due to the new loan .
So she has gone from owing a few quid to now owning a few quid .
It has certainly picked her up a bit from the debt doldrums .