Debt Management and Loan Companies are the scum of the Earth. I am sure you know the sort I mean - Debt Free Direct, Ocean Finance, Picture Loans etc I Despise them. If these loan companies were honest, they would be saying something like: "Hey, are you in debt - no not just ‘in debt’, REALLY in debt. Yep? Excellent! Now, just for the record you understand, do you have an idea what an ‘interest rate’ is? Nope?, excellent - no its nothing to worry about. Now listen to me very carefully, it seems that you don’t really understand anything about money, you think borrowing money will solve all you problems DESPITE having a track record, of, shall we say, ‘not being very good at borrowing and then paying back’. No - don’t worry, you are exactly the sort of customer we want, just sign this form and we will own you, your house, your future (such as it is) and everything you are ever likely to earn for the rest of your life. Is it ethical? Yes of course it is, anyone who understands a little about how money ‘works’ can easily manage to keep up the payments and will be far better off than they were. Yes, we know that doesn’t really describe you - but that’s not really our problem now is it, do you want all your problems to go away or not? Thank you, just sign here - lovely"