Guardian Debt Management has launched a free and confidential arrears helpline with the aim of providing UK homeowners with the advice and tools to help them through their current financial situation.
Its helpline is manned by personnel with experience in the lending arena, the legal profession and the debt management sector. The service aims to provide a wide range of free financial assistance and also offers callers an option to instruct Guardian to manage their situation; ie to deal directly with the lenders, courts, creditors on the caller's behalf.
Guardian says the service will only be utilised in accordance with this being the best solution for individual client's requirements. It stressed it will not push clients towards a management service and the helpline remains committed to providing free and confidential specialist advice.
Intermediaries will receive a referral commission from any referral that enters into the full debt management programme.
"Intermediaries are seeing an increasing number of clients experiencing credit difficulties and they need to be in a position to help by offering suitable solutions or, at the very least, having a strong affiliation with a specialist in this sector of the market," says David McCann, managing director at Guardian Debt Management.
"Situations can change very quickly and it can take only the smallest change in circumstance to tip the balance and send finances spiralling out of control. With mass job cuts predicted for 2009 the future looks bleak for those with any existing or potential financial concerns.
He adds: "We are urging people to act sooner rather than later and being in a position to advise clients accordingly could provide a real opportunity to open up new income streams and the resultant referrals these bring with them."IFAonline
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