Atlantic is now one of 17 debt management companies to hold DEMSA membership status.
DEMSA (Debt Managers Standards Association) was established 11 years ago to promote good practice in the debt management industry, and to protect the interests of the public and the creditors to whom they owe money.
DEMSA is the only trade body in the financial sector to have received CCAS approval. As the principal trade body in the sector it works closely with the OFT to help promote high standards in the industry.
Kevin Still, Director of Atlantic Financial Management said:
“The OFT’s new proposed Debt Management Guidance have provided even more clarification. Legitimate businesses such as Atlantic have a valuable part to play in helping to build consumer confidence in our sector and DEMSA membership plays a vital role in this process, encouraging us to promote the highest standards of service.
"Our clients now have the added reassurance that Atlantic is among the most highly regarded debt solution providers in the UK.”
Michael Land, Chairman of DEMSA commented:
“All DEMSA members must follow the Code of Practice which is approved by the OFT.
"The aim of the Code is to ensure its member’s provide services of the highest standards in which the public and the credit industry can have confidence, and to provide a high level of protection to the consumer who has redress rights via DEMSA. We welcome all debt management companies with these aspirations.”
Kevin Still concludes:
“Atlantic has always been focused on providing a transparent, ethical and cost-effective service to consumers in financial difficulty. This accreditation really proves we do what we say and demonstrates our on-going commitment to delivering a professional service that is very much in demand.”
