Debt Free Advice is a UK-based startup, founded in 2006, that aims to provide free, expert financial advice to individuals facing economic hardships. The company's slogan, "Debt Free Advice provides free, expert advice to anyone in financial difficulties at a time & place that suits them," underscores its commitment to accessibility and convenience. Through multiple communication channels including telephone, video chat, WhatsApp, web chat, and face-to-face advice centers, their trained advisors offer assistance with various financial concerns such as rent arrears, credit card debt, and bills prioritization.
Notably, Debt Free Advice is funded by the Money and Pensions Service and is managed by Toynbee Hall, a London-based charity with a history dating back to 1884, dedicated to creating a fairer and happier society. As a significant aspect of their operations, the company is authorized and regulated by the Financial Conduct Authority, positioning itself as a trustworthy and compliant entity in the financial services industry.
Although specific investment details and investors are currently unavailable, the company's mission and structure align with the growing demand for accessible financial guidance, especially in the wake of economic uncertainties. With its impactful social mission and regulatory backing, Debt Free Advice presents itself as a compelling investment opportunity in the financial services sector.
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