The smaller debt help companies in the UK are at risk of being pushed aside by their larger competitors as providers continue to succeed in getting arrangement fees for debt help agreements reduced.
The bigger players in the debt management sector are now being forced to widen their net for clients to make money, meaning smaller companies can no longer clean up at the low end.
The IVA is set to be as popular as ever in 2008 with people looking to avoid having their homes repossessed. However, with increased competition, the smaller companies are expected to struggle.