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Bains and Ernst
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clarab_3
Posts: 691 Forumite
No it's not for me!!
I found out last night that a friend had almost completed signing up with them for a DMP. I know they charge, and i have mentioned CCCS and payplan.
Info on B&E on the web is very sketchy. I'm looking for stories of experiences I can use to help my friend basically - he says he's too far down the road to turn now, but im not sure that true
I found out last night that a friend had almost completed signing up with them for a DMP. I know they charge, and i have mentioned CCCS and payplan.
Info on B&E on the web is very sketchy. I'm looking for stories of experiences I can use to help my friend basically - he says he's too far down the road to turn now, but im not sure that true
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Comments
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No it definitely isn't. A DMP is not legally binding - you can pull out anytime you want to - and, yes, you can pull out to go with someone else. Maybe he has already made a payment, or they have taken a while to sort out everything, so he doesn't feel it's worthwhile starting again. But, if this will save him money in the long-run, I suggest he does. Also, the creditors are more likely to favour fee-free DMP arrangements to those that charge - basically because all the extra money could be going to them. It doesn't cost much to make a phone call, I suggest that your friend at least speaks to the CCCS or PAYPLAN.I'm moving on up now,
Out of the darkness,
My life shines on, my life shines on, my life shines on
Member of Payplan since March 2007 (realistic debt free date May 2011):T
No 17 of the Mutual Support Club and proud of it
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I was with Thornton shep who charged - I wrote to all my creditors and told them that I would be changing as the money they charged me would be much better off being split between them and so reduce the debts. None of them had a problem with not getting the money from TS anymore.
He would be much better off changing asap - tell him the money he is paying B&E is really dead money - its only going into their pockets and that maybe his debts would be paid off earlier by sending it to his creditors.
CCCS are very good at sorting things out - it only took a 2 weeks from my initial phone call to getting all the information from them and starting up my DMP.
Best of luck.0
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