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StepChange Debt Charity responds to FCA warning on debt management firms

21 May 2015

Following today’s announcement by the Financial Conduct Authority (FCA) that debt management firms Sterling Financial Security Ltd, Haydon Associates Debt Management Consultants Ltd and Clear View Finance Ltd will no longer be permitted to offer debt management services to customers, StepChange Debt Charity Chief Executive Mike O’Connor said:

“This will no doubt be a stressful and upsetting time for clients of these companies who were trying to pay off their debts in good faith. It is crucial that clients of these firms take action quickly to find out what the best route forward is. Our advice to those affected is to get free and independent advice as soon as possible.” 

Those affected can contact StepChange Debt Charity directly on 0800 138 1111 (8am to 8pm, Monday to Friday and 8am to 4pm Saturday) or visit our website.

The Money Advice Service has information for those affected by the closure of debt-management firms here or on the phone 0300 330 2222.
 

StepChange Debt Charity news contacts

Contact the StepChange news team on:

Tel: 0207 391 4598

Mobile: 07985 404 153

Email: press@stepchange.org

Follow our press team on Twitter: @StepChange

Helping you become debt free...

“I wish to thank your staff for all the great help they gave me when I was in so much debt.
They were a pillar of support to me.” (Leslie, Essex)

Foundation for Credit Counselling Wade House, Merrion Centre, Leeds, LS2 8NG trading as StepChange Debt Charity and StepChange Debt Charity Scotland. A registered charity no.1016630 and SC046263. It is a limited company registered in England and Wales (company no:2757055). Authorised and regulated by the Financial Conduct Authority.

*This is the average rating of our service on Feefo by DMP and DRO clients three months into their solution.

© StepChange Debt Charity 2016