TCF Debt Solutions’ managing director, Andy Moody, believes that the new relationship will help clients of both firms and marks the start of a trend that will see future debt advice include both specific debt plans and debt consolidation advice via new borrowing, as equally important tools to help clients with debt problems.
He said “I have always said that product choice is a vital component when trying to assess a customer’s options. In the case of those who are facing debt problems, it is important that all possibilities are examined. Through our new relationship with V Loans, we can offer our intermediaries a vital new choice for their clients. Where we feel the circumstances are right, a consolidation loan might be a better option than a debt plan and V Loans are able to offer the right options to intermediaries and their clients.”
Marie Grundy, Director of V Loans, commented “We are delighted to be partnering TCF Debt Solutions. On a reciprocal basis, not only can we help clients referred by TCF Debt Solutions’ introducers, but also we can refer clients to them for whom extra borrowing is either not viable or not appropriate as a means of helping to reduce indebtedness. We share a similar philosophy to TCF Debt Solutions in that the customer and his introducer deserve the best possible advice and by teaming up in this way, introducers to both companies are assured that their clients are getting the best of both worlds.”
