Delyn MP David Hanson has welcomed Government action to clamp down on businesses which are exploiting people in financial difficulty by making misleading claims about arranging for debts to be written off.
The Ministry of Justice has produced new guidance aimed at firms who deal in debt advice and counselling. They have been warned that if their adverts make dubious claims or leave out important information which might breach consumer protection regulations, they could face enforcement action that might ultimately result in authorisations being removed.
David Hanson said:
“Vulnerable people in Flintshire facing debt problems need help and support. I am pleased that the Government is cracking down on businesses who falsely claim they can write off debt. The new guidance will protect innocent customers from being misled by irresponsible firms.”
Justice Minister Bridget Prentice said:
“We would urge anyone who is considering using a business offering debt help to think carefully before entering an arrangement and seek independent advice before making any final decisions. Our new guidance is also an important reminder to local businesses about the need to comply with rules on advertising and marketing and provide an effective service to their customers.”