The FCA will assume responsibility for all debt management companies from 1 April 2014 and hold these fee paying companies to account for any failings. I for one will see how many fee paying companies remain trading. These represent the scourge of vulnerable consumers caught up in the debt spiral.

Contact Northern Rock Asset Management (NRAM) who is the old Northern Rock.

I am told FOS do not have power to assess the fees, but the circumstances behind them.

This sounds bad guys. FOS is siding with SPML, whatever next?

There is no such thing as a free lunch and £250 fees woulkd buy you a heft lunch indeed.

Plus probably 20% management fee...

This is daylight robbery and proof that DAL is in breach of UTCCR itself...god help customers then.

Rogues traders, beware of this bloodsucking parasite

I would have said they were the one and the same, but they claim not to be…hiding behind the statement that Black Horse Finance sales do not fall within FOS jurisdiction.

.......blah-blah-blah…

I note that on several cases, Lloyds choose to reduce the remaining loan term by removing the PPI premiums plus interest and using these against the current balance. This avoids having to re-broke the original loan. Good for the client (perhaps) bad news for the claims management company…

It might be worth mentioning that a tandem approach is preferable, raising a complaint and requesting SAR at the same time. There are merits in many approaches with a degree of risk attached to each tact.