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Church Wood Financial

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      20.05.2013 15:47

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      They are a really helpful company for anyone who is suffering from financial difficulty

      We have hit a recession as we all know it is all over the news. How many of us are in financial difficulty with morgages to pay, credit card bills, cataloges and on top of that general household bills and living.

      Credit card companies have been handing out plastic left right and centre to anyone who would have it, I was one of those supid ones I was a single parent at the time and out of work but money was being handed to me with what a nieve me thought wouldnt be a high pay back after 2 credit cards a store card 2 cataloges later I was up to my neck in debt.
      I found the answer I was going back to work, this didnt solve alot the payments were minimum pay back and I couldnt get that balance down even though I tried for a year then I got made redundant that was it i needed help. Luckily I fell into another job immediately but accepted I was in a mess.

      One day I went to work and poped on the internet in my lunch break and I came across Churchwood how to slove your debt problems in one monthly payment and intrest charges will stop. I gave them a call on my way home from work and they did a financial statement with me over the phone they worked out over 3 years I would pay £110 and the debts would be gone. They explained that after a while most creditors will make an offer to pay a bulk off and write off the rest. In the following days they sent me the written financial statement to fill in and sign and I sent it back straight away along with the statements that I had received from my creditors to show them how much I owed. They also informed me that if I received any phone calls to just tell them to contact Churchwood and simply put down the phone. I received regular phone calls from Churchwood asking if everything was going ok if my creditors were hassling me. I received regular envelopes to send back the statements that I received.
      For the first 3 months the interest didnt stop going on the bills but churchwood advised me that this would happen because the creditors had to accept the terms of the agreement and that could sometime take some time. They also advised me to try and save money to be able to pay off a bulk if a creditor made an offer. After 5 months one of my creditors contacted them and offered a £300 pay off of a £700 bill but I just didnt have it which was a shame. I still received phone calls to check everything was ok and my circumstances hadnt change and they would inform me of any changes that had happend their end.

      I later saw a house that I would like to buy and having a poor credit history I needed some advice so I called up the help line and spoke to my advior he was very helpful he said once most of the debts had gone down and proof of regular payments were being made there are companies that work along side them that would help me finance a morgage with a poor credit history, unfortunatly the house was built on mine shafts so full payment was needed and you would struggle to sell it would be great for renting purposes. I was also told about low cost loans that they offered if I was ever going to think about borrowing money.
      Eventually all the creditor stop contacting me and I only receive a few bills now but in almost 3 years my debts have fell from £5000 to £1100. The only reason that these have not been paid off is because I met my current partner and he got made redundant his debts were at £7000 so my payments have gone up to £200 per month which we can afford with having 3 children between us and one on the way. The payments to the creditors are now lower so I wont be able to see them going down but we are trying to save to pay off the remainder of mine.

      They are a really helpful company for anyone who is suffering from financial difficulty but be aware you do have to be working for them to be able to help you. They are easy to contact and you will have your own advisor who really seems to know you when you have to contact them. The fact that they make the regular phone calls to you means that you are not trying to find the money to contact them if something goes wrong.
      They have really worked for me and I am sure many others if you are experiancing any difficulties I would suggest to take a look at their web site see what they are offering or give them a call they will always be happy to help you.

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      14.05.2013 12:09

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      Debt was starting to consumer my life, and Churchwood really pulled me out of the darkness. They really helped me and i am now on track of chipping away at my debt and starting to get my life back. Would definitely recommend to anyone who is in debt and doesn't know how or where to get help. The advisor on the phone really listened to all of my issues and i was on the phone for over an over just going over my options. In the end they set me up with a great debt management plan which i can make monthly affordable payments and it is really flexible and fits around my lifestyle.

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      09.08.2010 13:26
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      Highly recommended worth every penny

      After dealing with Churchwood for just 2 days they have been amazingly helpful and understanding. They originally offered me help in way of a debt management program, however since speaking to them I have realised the importance of dealing with my finances and that i can manage them myself.

      If I hadn't spoken to them I would have ignored my debts and let them overwhelm me so in effect they have helped me with out having to do a thing except some professional advice.

      I had made a small initial payment as so they could initiate dealing with my creditors immediately, they have refunded this with no questions asked, wished me luck with dealing with my finances and welcomed me should I require their service in the future.

      Everyone I spoke to was extremely helpful, very pleasant and quick to return my calls. I couldn't recommend Churchwood enough to anyone in financial difficulty.

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      14.06.2009 21:05
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      good for major debt problems

      We have hit a recession as we all know it is all over the news. How many of us are in financial difficulty with morgages to pay, credit card bills, cataloges and on top of that general household bills and living.

      Credit card companies have been handing out plastic left right and centre to anyone who would have it, I was one of those supid ones I was a single parent at the time and out of work but money was being handed to me with what a nieve me thought wouldnt be a high pay back after 2 credit cards a store card 2 cataloges later I was up to my neck in debt.

      I found the answer I was going back to work, this didnt solve alot the payments were minimum pay back and I couldnt get that balance down even though I tried for a year then I got made redundant that was it i needed help. Luckily I fell into another job immediately but accepted I was in a mess.

      One day I went to work and poped on the internet in my lunch break and I came across Churchwood how to slove your debt problems in one monthly payment and intrest charges will stop. I gave them a call on my way home from work and they did a financial statement with me over the phone they worked out over 3 years I would pay £110 and the debts would be gone. They explained that after a while most creditors will make an offer to pay a bulk off and write off the rest. In the following days they sent me the written financial statement to fill in and sign and I sent it back straight away along with the statements that I had received from my creditors to show them how much I owed. They also informed me that if I received any phone calls to just tell them to contact Churchwood and simply put down the phone. I received regular phone calls from Churchwood asking if everything was going ok if my creditors were hassling me. I received regular envelopes to send back the statements that I received.

      For the first 3 months the interest didnt stop going on the bills but churchwood advised me that this would happen because the creditors had to accept the terms of the agreement and that could sometime take some time. They also advised me to try and save money to be able to pay off a bulk if a creditor made an offer. After 5 months one of my creditors contacted them and offered a £300 pay off of a £700 bill but I just didnt have it which was a shame. I still received phone calls to check everything was ok and my circumstances hadnt change and they would inform me of any changes that had happend their end.

      I later saw a house that I would like to buy and having a poor credit history I needed some advice so I called up the help line and spoke to my advior he was very helpful he said once most of the debts had gone down and proof of regular payments were being made there are companies that work along side them that would help me finance a morgage with a poor credit history, unfortunatly the house was built on mine shafts so full payment was needed and you would struggle to sell it would be great for renting purposes. I was also told about low cost loans that they offered if I was ever going to think about borrowing money.

      Eventually all the creditor stop contacting me and I only receive a few bills now but in almost 3 years my debts have fell from £5000 to £1100. The only reason that these have not been paid off is because I met my current partner and he got made redundant his debts were at £7000 so my payments have gone up to £200 per month which we can afford with having 3 children between us and one on the way. The payments to the creditors are now lower so I wont be able to see them going down but we are trying to save to pay off the remainder of mine.

      They are a really helpful company for anyone who is suffering from financial difficulty but be aware you do have to be working for them to be able to help you. They are easy to contact and you will have your own advisor who really seems to know you when you have to contact them. The fact that they make the regular phone calls to you means that you are not trying to find the money to contact them if something goes wrong.

      They have really worked for me and I am sure many others if you are experiancing any difficulties I would suggest to take a look at their web site see what they are offering or give them a call they will always be happy to help you.

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        24.04.2006 21:14
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        a good service for those who are not good at organising their finances

        Debt is quickly becoming the curse of modern living. Not only is life becoming expensive in the western world, the pressures of fashion and status require many of us to spend money on things that we feel we should have, rather than things that we actually need. Upgrading the car, building an extension, the right school for the children, the flash holiday, all concepts alien to the "make do and mend" philosophy of our grandparents generation but all facts of life today. And as debts spiral upwards the fall out can be, strained relationships, stress, illness and even suicide, such is the trap that we all too easily build for ourselves. For a number of years I have been carrying around with me a bunch of debts that had accumulated over a number of years, nothing major or life altering but enough just to take the edge off life, cause the occasional worry and be responsible for a tight week just prior to payday, we all can relate to that one. Just over a year ago I decided it was time to get all these repayments into one place so that I had just one payment to worry about each month and also so it was easier to see who much headway I was making into knocking the debt down to size. With this in mind I made a few on-line applications for loans and waited for the call centres to spring into action.

        Amongst the normal range of loan offers one company stood out from the rest, not because their offer was better, cheaper or came with a years supply of chocolate biscuits but because they were completely honest about my situation. This company was Church Wood Finance. Whilst the competition was falling over itself to give me a bigger loan which in some ironic way was going to make my life financially more secure Church Wood were different. In a very "Chris Tarrant, I don't want to give you that" sort of way, they said that they were not prepared to lend me any money at all. Instead they offered me a managed repayment scheme. I hadn't thought of that. Instead of moving the debt around they would take care of all of the nasty stuff like dealing with the various companies that I was beholden to and I just pay the money to them every month. That, I thought, had to be the way forward.

        So how does it work? Basically you send in evidence of how much you owe to Church Wood, in the form of credit card statements and loan repayments. This is then totalled into a monthly payment based on the minimum payments required by the creditors. Beyond this minimum amount you are free to pay as much or as little extra as you like depending on what you feel you can afford. This obviously has a bearing on how many monthly repayments you have to make, but that is to be expected and the same as if you were arranging a loan. Once you have agreed a level of repayment that both suits your needs and meets the desired repayment level the company then begin to work for you in a way that a loan wouldn't. After a few payments are under your belt, normally three, then debt repayment companies have a position, backed up by finance law that enables them to arrange for the interest that would normally be charged on your repayments, to be removed. That means that from then on you are just repaying the actual debt and not the large chunks of interest that make all of the difference.

        So once you are up and running and Church Wood are looking after things what then? Well nothing, if that's all you need from them then the job is done, you receive a monthly statement from them detailing how they have carved up your repayments to meet the demands of your debt but unless you need to change anything then that's about it. If, however, you do need to change anything it couldn't be easier. If you wish to increase or decrease your monthly payment, or you want another debt to be incorporated, then a quick telephone call will set things in motion.

        Setting things up required a couple of telephone calls in the initial period, the submittal of any relevant statements (pre-paid envelopes are provided) and a couple of pages of simple forms, similar to, and no more complex than the credit card application form that took you down this route in the first place. Any further contact can be easily done through their free phone line and there seems to be people to help from 8am to 8pm and even Saturday morning for certain emergency calls. Assistants all seem knowledgeable and friendly and even though you are assigned a specific account manager, most issues are normally sorted with the first point of contact.

        There must be a down side to this. Well not really, they do take an initial payment from your first month and then a small percentage from each monthly repayment, but the savings more than makes this up for that as a large company they can negotiate for you. Are you tied down to a contract? No, as they take their payments month by month you are always up to date with their running costs which means that once you feel that your repayments are at a level that you want to take control again, you can terminate their services. At the end of the day you are paying for peace of mind and having all of the hassle of dealing with the faceless corporate powers that can often intimidate the likes of you and me. The advantage of using a company like Church Wood is that they have the clout and the knowledge of their field to get the best repayment deal for you.

        I have kept the facts and figure side of things deliberately vague as everyone's requirements are different but a quick look at their website at

        http://www.churchwoodfinance.co.uk/index.php

        Will show you that they can help with all sorts of situations regardless of the specific level of debt involved. If like me you can't be bothered with the hassle of dealing with all the individual companies and want an easy option not to mention a saving when compared to trying to juggle things yourselves then this company may just be your way forward, think about it, make the call and then never think about it again.

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