Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Jess Clark

‘I tried to cut my debt but was charged £3,000 in fees’

A mother sits with her baby son worrying about her finances
While an IVA may be right for some people, they can leave others struggling to make ends meet (picture posed by model). Photograph: MartinPrescott/Getty Images/iStockphoto

A disabled mother has told how she tried to tackle her five-figure debt by signing up to a repayment plan, but despite putting in £3,000 all her money went only on fees.

The case shines a light on what some experts have called a “wild west” sector, at a time when charities are helping an increasing number of people who are struggling with bills.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.