Creditfix did not tell me amount their fee would have cost

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millicent
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by millicent » Tue Jun 06, 2017 12:16 pm
Hi I sign up with creditfix but was not told the amount their fee would have cost. I am concern that i am paying more to them than my actual creditors. I am unsure of what to do
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Foggy
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by Foggy » Tue Jun 06, 2017 1:00 pm
The fee is agreed, and often actually set, by the creditors themselves -- if they are happy with it there is no problem.
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Lisa Thomas
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by Lisa Thomas » Wed Jun 07, 2017 9:02 am
Their fee basis would have formed part of your proposals and you would have agreed to them when you signed then.

As Foggy states the creditors also approved this and they effectively come out of the creditors pockets.

Nothing for you to worry about (unless you have sufficient funds/windfall to cover the costs in full).
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