Should debt advice companies be investigated for giving bad advice

[a1b2c3]

I have conducted a survey into debt management companies giving advice on Unenforceable Credit Agreements.

Not one advisor from any company recommended I seek advice on whether any of my credit cards or loans are unenforceable.

I think this is bad advice on their part.

They actually bad mouth the entire practice and make grossly misleading and untrue statements concerning unenforceable agreements ranging from

 

' no one can get an agreement judged unenforceable'

' the government are stepping in to stop it'

' the companies offering this service only stop your creditors from chasing you, not get any debt written off'

' if it was true then everyone would be doing it and the finance companies will all go bust'

 

Some of then suggested I go on the 'consumer credit forums' and see what they are saying is true.

 

Anyone want to confirm they are telling the truth????

[mustang67]

Would not expect them to say anything else would you ?

[a1b2c3]

Do they not have a legal duty to give best advice??

[mustang67]

Like any salesperson,they just have a duty to feather their own nest,

[wangster]

was this the fee charging companies or the charities/cab you asked?

 

a lot of fee comapnies now do this anyway, but the free ones may steer clear of giving advice? was there any difference?