Doringbossie M

WARNING:Misleading Practices and No Accountability from Alpha Debt Management

Alpha Debt Management has completely destroyed my financial life. They appraoched me in 2021 and said that they can negotiate with my bank a lower rate for my car repayment. I was then sent a link afterhours to sign saying this gives them permission to contact my bank to speak to them to negotiate a better interest rate on my car. Trusting this, I signed. Months later, my car payment suddenly bounced. When I contacted my bank, I was shocked to learn that my accounts had been blocked and that I had been placed under debt review, something I never knowingly or explicitly agreed to. There was no proper explanation, no informed consent, and no transparency about what I was signing. I only discovered what debt review actually meant in the weeks and months that followed. The consequences have been devastating: I have been blocked from accessing credit My ability to operate and grow my business as a sole proprietor has been severely restricted I lost control over basic financial decisions, including restructuring my finances or downsizing assets Years later, I am still trapped trying to get out of this situation There was no proper process explained to me, and I feel completely misled and abandoned. Instead of helping, this has suffocated me financially and emotionally. I have also approached the National Credit Regulator for assistance, but unfortunately found the process unhelpful and without meaningful resolution. I refused to pay any monies to Alpha debt management who also wanted to force a debt order on my - I refused, because I never gave informed consent to be placed under debt review in the first place. In my experience, Alpha Debt Management's actions are reckless and does not take responsibility for their actions and leaves clients to deal with the consequences alone. Strong warning: Do not engage with this company they are misleading and have no insight in what they caused or intention to rectify it.