1 reviews | Active since Sept 2021
Debt review ITC listed in error
I have approached Debt review company in March 2021. I have five accounts of which one is in default.
I have cancelled and withdrawn within a week as I was not comfortable with the process. The cancellation was confirmed in writing by the company. My eighth voice told me something does not add up. I was explained that you will be able to remove creditors should I wish to do so, and I was not explained that I will not be able to utilise any credit again. I have cancelled in my own right and made a choice not to proceed. A week later my creditors sent me verification sms's in order to confirm whether I have app**** for debt review, which I have answered NO.
Low and behold - approaching June 2021 one of my creditors, which I was in good standing with, withdrawn my credit. I could not understand this. I followed up and was advised I am under debt review! I have only five active accounts of which one is in default. All the others are in good standing with small ridiculous balances less than 5k. I am in a position to settle the account in default in October 2021. Due to me quering a product / service and obtaining a quote, I am now worse off. The debt review councillors could not care less. I've been contacting the credit bureaus and creditors to remove the flag. I was advised that I must obtain a 17.W form from the debt review company and submit it to the Credit bureaus and in the same I have sent to my creditors.
I am now not credit worthy because of this people. My credit rate with the bureau is zero. I am not over indebted. I cannot purchase a car which I need for work purposes.
I would never recommend debt review to anyone and have them think twice and tell you to be wise with your money and have means to settle your debt by yourself.
