Credit, collections & insolvency news
Money Wellness has recruited 100 new professional advisers to meet growing demand for its free debt advice services.
Alongside the appointments, the financial wellness platform has also made forty promotions, with five advisers also achieving professional accreditations.
Its Vulnerable Customer Specialists Team (VCOS) is also celebrating after achieving the milestone of having £1 million of debt written off for its most vulnerable customers in just nine months, transforming the lives of those with extreme difficulties such as COPD, strokes, cancer, and severe mental health challenges.
Ian Somerset, Chief Executive of Money Wellness said “We’re operating in unprecedented times when the need for free debt support has never been greater – the cost-of-living crisis has touched everyone in one way or another.”
“The professionalism, care and understanding our advisers offer is at the core of Money Wellness and the promotions are a reflection of their commitment and hard work. We’re also pleased to welcome the 50 new starters who give us the extra capacity to help even more people every step of the way through their debt journey and financial wellness recovery.”
“Debt write-off is not something creditors are always willing to do. Our VCOS team has worked tirelessly on behalf of our most vulnerable customers with creditors to ensure those facing extreme difficulties don’t also have to worry about money worries. They have helped transform so many lives in such a short space of time and should be recognised for their success.”
