Debt Review School | If Someone Calls Offering a Lower Repayment

Debt review is a very regulated process.

It is based on simple math (how much you earn – how much you need to survive each month = how much is left to repay debt).

Once the credit providers have been offered a repayment amount and have checked the math it is hard to make changes.

Anyone who calls and says they can get you lower repayments probably just wants you to change your debt review payment into their own bank account.

And we all know how scams like that work. Once you pay money to their account, will it ever reach the credit providers? Unlikely.

So, beware of anyone who says they can reduce your debt review payment if you change bank details.