Not sure if I'm posting in the correct section so apologies if I am.
I live in the UK and yesterday (23rd Dec) a company called Northway Financial Ltd took £649.90 from my bank account. I have never dealt with this company and had to Google them to find they are a debt company. For the record, I do not and never have taken out a loan with any company. I have phoned my bank today and their fraud dept are dealing with it and they have cancelled my debit card.
Does anybody know of this company or have any experience?
Thanks and any help/advice would be much appreciated.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.