Go to a reliable debt management company

After the Office of Fair Trading (OFT) ordered more than 100 (129) debt management firms to act more responsibly, Atlantic Financial Management's Kevin Still has moved to reassure consumers about the industry.

The firm's director notes that "the debt management industry has changed considerably in the last few years and it makes perfect sense for the OFT… to constantly review processes and practices to ensure that individuals facing severe financial difficulties are always served best."

He believes that it's "crucial" that consumers get the best possible debt advice when it comes to debt solutions and aren't misled, unlike some of those consumers who spoke to the OFT who ended up further in debt.

Kevin Still concludes by pointing out that Atlantic Financial Management welcomed the action that is being taken by the OFT against those that don't comply with the OFT's Debt Management guide.

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