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Scottish Trust Deed Forum
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Topic starter
21/05/2012 8:03 am
A Trust Deed over 39 months, taken direct with one of the industry's reputable companies for so called "arrangement fees" is awful in my opinion!!
21/05/2012 9:28 am
Hi josephine.
We suggest that, where people are informed that a trust deed will last more than 36 months, they seek a second opinion from another firm before signing up.
There can be good reasons for an extended term, though sometimes it comes down to above-average fee levels being charged and a shorter term is available elsewhere.
As discussed on one of your previous threads, signing a trust deed is voluntary. If you have voluntarily agreed to a 39 month term then there is unfortunately little that can now be done.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
21/05/2012 10:37 am
Mine was 42 months due to large amount of debt. I knew that 36 was normal but they can run on for longer and I was well aware of all that at the start.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
