I have been in a debt management plan for the last 2 years and i’ve just realised half of my monthly payments are just going to the company. They say i was told this would be the case at the start but i don’t remember. What can i do?
You have a few options with regards to your current debt management plan. The first would be to check any paperwork you received about the plan as this should outline if fees were agreed prior to you entering the solution. You can either choose to continue with the plan and the fees or speak with a company who don’t charge.
I will caveat the above though by saying it could depend on your level of debt as to whether a debt management plan is the right solution for you.
How much debt do you have and how much are you currently paying to your creditors each month?