The Debt Advisor gains DEMSA status

Published on

The Debt Advisor has been accepted as a member of DEMSA (Debt Managers Standard Association).

DEMSA was established in December 2000 in order to promote good practice in the debt management industry, and to protect the interests of the public and the lenders to whom they owe money. DEMSA has now obtained both code one and two approval of its code of conduct by the Office of Fair Trading (OFT).

DEMSA members are obliged to operate monthly customer satisfaction surveys that are returned to DEMSA for assessment. Since these surveys began in 2005, results have shown an increasing number of satisfied clients on debt management programs.

Beverley Budsworth, managing director of Manchester-based insolvency practice, said: “We are extremely pleased that our excellent standards of operation have been acknowledged by DEMSA and that they have approved our membership application.

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...

Kuflink announces leadership change as CEO steps down

Kuflink has announced that CEO Narinder Khattoare will step down, marking the end of...

Other news

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...