ClearDebt talkback on BBC Radio 5’s Wake up to Money Programme

CEO of ClearDebt Group Plc, David Mond, had an early start to his day when he was interviewed on BBC’s Radio 5, Wake up to Money programme this week.

CEO of ClearDebt Group Plc, David Mond, had an early start to his day when he was interviewed on BBC’s Radio 5, Wake up to Money programme this week.

In response to CCCS’s Malcolm Hurlston’s comments on 18 September, ClearDebt’s CEO found it disturbing that Hurlston said there was no need for fee paying debt solution companies in their sector.

Rebuking Hurlston’s comments, Mond, also Chairman of the Debt Resolution Forum (DRF), told presenters of Radio 5’s popular morning show, that the Money Advice Trust has confirmed it believes 4 million people in the UK are currently seeking debt advice and yet only 2 million will receive help from non fee paying companies such as the CCCS. Mond says of this statistic,

The charitable agencies in this sector aren’t equipped to cope with the demand and this means 2 million further debtors are left waiting up to 4 days for a call back. When the phone calls keep coming and someone’s banging on the front door step, 4 days is a long time to wait.

ClearDebt confirm that they respond to clients within the same day as the enquiry and debtors can be placed in an appropriate debt resolution solution within just 3 weeks.

Earlier this year, the Debt Resolution Forum which strives for high standards and clear ethics from the fee paying debt resolution organisations, established the first ever formal qualification in debt resolution entitled Cert(DR) accredited by Edexcel. This qualification ensures debtors receive accurate and reliable advice on their situation. David Mond confirmed ClearDebt advisers (and its sister company Abacus (Financial Consultants) advisers are enrolled in the programme for Cert(DR) and will be one of the first groups to qualify.

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