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Close down fee charging debt management companies.

Submitted on Thursday 12th October 2017

Rejected on Thursday 19th October 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Close down fee charging debt management companies.

Petition Details

When people fall into debt problems they because stressed and vulnerable. This gives fee charging debt management companies a chance to offer their services at a high cost even though there are FREE debt management charities available in the UK such as Stepchange, Payplan and National debt line.

Additional Information

These fee charging debt management companies hinder and delay the process for people who's aim is to become debt free.
Due to the high costs of their fees their clients debt free journey is delayed. The clients think they are being helped but the company is purely using them to create profits and not to help them.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

The UK Government and Parliament can't close down companies in the way you've asked for.

You could start a new petition asking Parliament to change the law, to make it illegal for anyone to charge for providing debt management services.

Have your say on this petition!

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