Has anyone one heard of the company 'Trust Money'?

[rose.r]

"Trust Money' contacted me a couple of days ago, offering me an IVA.

 

 

This something I had been looking into, although I have never heard of this company.

 

 

The only thing I can find on google about them is their actual website.

 

 

As I am unable to find anything else I was wondering if this company is legit?

 

 

I feel I really need to do something about my debt as making minimum payments account for over half of my income and being a single mum of a baby and being a full time student I am really struggling.

 

 

My out goings are more than incoming so I need to do something.

 

 

If anyone has heard of this company or used them Id be very grateful to hear from you.

 

Thanks

[dx100uk]

welcome aboard.

 

 

sideline that for a minute..

 

 

what are your debts please

can you list them please?

[rose.r]

Hiya, thanks

 

My debts are,

approx £3000 to Aqua,

£1600 to Barclaycard,

£500 to Barclays,

£800 to Halifax,

 

 

theres about £80 left to Creation for a laptop,

 

 

about £800 left to HMRC

 

 

and £750 to my brother.

[dx100uk]

and all of these debts are since april 2007

and none have been sold to a DCA?

 

 

they are still owned by the original creditors?

 

 

pers id not do anything like as drastic as an IVA..

 

 

dx

[rose.r]

I can't afford to keep living this way so I need to do something. Yes all since 2007, I believe the first card was opened in 2011. All still the original creditors as I am just about making min payments.

[dx100uk]

then write to your creditors telling them you wish to reduce payment

 

 

if you have a look in our library

 

 

there are various letters there.

 

 

per I'd be reducing all your consumer credit debts down to

 

 

rent/mortgage/util bill roof over head come first

 

 

the rest are NOT priority debts!!

 

 

dx

[rose.r]

Thanks

[Mr.P]

"Trust Money' contacted me a couple of days ago, offering me an IVA.

 

If anyone has heard of this company or used them Id be very grateful to hear from you.

 

Looks like a private company who will certainly be charging substantial fees for their services. Two things that would set alarm bells ringing: Did they cold call or send unsolicited letters/emails, if so, where did they get your contact details ?

The web site looks all flashy, but does not provide any worthwhile information about their activities or costs.

 

whois trustmoney.co.uk ?

 

Domain name: trustmoney.co.uk

 

Registrant: uclaim money Ltd

 

Data validation: Nominet was not able to match the registrant's name and/or address against a 3rd party source on 09-Sep-2015

I think the answer to the above query says it all.

[rose.r]

Hiya, yea they cold called me, not sure where they got my number from. I thought that when I looked at their website too. Well thank you I won't be answering to them again.

[dx100uk]

no problem.

 

 

have a good read around there are loads of thread here

 

 

you might find the https://www.nationaldebtline.org/ site good too

 

 

I pers would not be entering into anything like an iva etc for that small level of debt.

 

 

dx