DEMSA Approved

No Debt Now Ltd is a member of DEMSA (Debt Managers Standards Association) and fully subscribes to the DEMSA Code of Conduct which has been approved by the OFT (Office of Fair Trading), which covers the following areas:

  • Compliance with Statutory Regulations and OFT Debt Management Guidance
  • Marketing, Advertising and Publicity
  • Information to Customers
  • Contract Terms
  • Client Accounts and Interests
  • Dealings with Lenders
  • Complaint handling

The main aim of the DEMSA code is to encourage debt management companies to provide the highest services and standards in which the public and the credit industry can be confident in.

Membership of DEMSA which is an OFT approved Code of Conduct is strictly reliant upon UK Debt Management Companies being able to demonstrate that they comply with the high standards set out in the DEMSA Code of Conduct.

The OFT only approves codes that have proved to be effective over a period of time in safeguarding and promoting the interests of consumers beyond the requirements of law.

No Debt Now's experienced debt advisors are trained to give impartial debt advice and will recommend the most appropriate solution to suit your circumstances. These may include a Debt Management Plan or an IVA as the best option for repaying your debts.

DEMSA's Mission Statement

"Our aim is to encourage the highest standards within the Debt Management Industry. Clients are, by the very nature of the financial circumstances that cause them to contact debt managers, often vulnerable and in extremis. It is the debt managers' responsibility to deal with them both compassionately and effectively, through the ethical practices set out in our Code of Conduct".

John Fingleton, Chief Executive of OFT wrote; "DEMSA has an influential role in the debt management industry and it's code is the first in it's sector to be awarded OFT approval."

DEMSA can be contacted at:
Tel: 0113 277 7610 | www.demsa.co.uk
or email: info@demsa.co.uk

OFT can be contacted at:
Tel: 020 7211 8987 | www.oft.gov.uk
or email: consumercodes@oft.gov.uk

For more information and advice, contact us online or call us now on 0800 473 0636

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Registered office: 1 Maple Road, Bramhall, SK7 2DH  (Photography Credits)
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DEMSA / OFT Accredited
No Debt Now Ltd is a member of the
Debt Managers Standards Association

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