Business NewsMarketWire • MoneySolve Calls For Tighter Regulation in Debt Management Industry

MoneySolve Calls For Tighter Regulation in Debt Management Industry

MoneySolve Calls For Tighter Regulation in Debt Management Industry

MANCHESTER, UNITED KINGDOM--(Marketwire - Jan. 12, 2010) - Debt solutions specialists at MoneySolve have called for more transparency in the debt management industry. The call comes just two months after the Office of Fair Trading announced a review of the entire industry in November 2009. The largely unregulated sector has not been the subject of an OFT review since 2003 and the past seven years have seen unprecedented growth in this area. It is hoped that the review, which aims to seek feedback from debt charities, debt management companies and consumers alike, will provide an insight into how standards can be lifted.

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MoneySolve Calls For Tighter Regulation in Debt Management Industry