Lee Schofield, Broker Manager at Ashley Park, commented:
“With peoples finances being stretched more and more, Other Debt management companies being closed by the OFT and the personal loan market remaining a harsh environment we are receiving more and more enquires every week.
"With every unsecured lender that either withdraws from the market or changes their criteria more people are finding that borrowing is not an option.
"Our recently increased commission structure for introducers and our willingness to help clients with debts such as mortgage arrears that some debt management providers do not accommodate into their plans has also seen us help many people who had initially thought there was no other option.
"To help manage our ever growing client base we have recently recruited 20 new staff to ensure the initial set up and maintaining of clients debt management plans runs as efficiently and smoothly as possible."