Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
Page 3
  • sickasachip13
    Oh, interesting. Thai baht is what I've got, one note and some coins. I've also got about a million Cambodian dong, which is actually worth about a fiver, but can't be changed in this country. I'm off to look at ebay thanks.
    SAAC
  • sickasachip13
    Hi LittleHippyHop,

    Well done on getting everything organised. I haven't heard of the insurance situation being a problem before. I guess, if I were you, I'd let the policy run and then change anyhow (look at moneysupermarket or similar for comparisons).

    Yes, there will be letters and phone calls but, for most people, they don't last long. If it stresses you unplug the phone / set the answer machine to answer straight away. Do any of the creditors have your mobile number? None of ours did and, when they phoned on the landline and said 'I'll just update your details...can I have your mobile number?' I just said i didn't have one.

    Best of luck,
    SAAC
  • hopeful1983happy
    Just wanted to say thanks for all the advice re reducing payments.... am going to ring CCCS once I get all my figures sorted out.

    Thanks for all the help guys.

    Also, just wanted to echo what everyones else has said about the stress of setting up a DMP. Once you get through the intial process it is brilliant - no more phone calls or letters and you can live your life without the sleepless nights. Keep at it guys you will get there.

    lol H1983H x
  • 2spicy
    Hi All

    Any advice greatly recieved. Halifax have also suggested in the letter that it may be an option to pass the debt over to the recoveries department, which would mean a default notice been issued, however more likely to freeze interest and charges....would most people pursue this option? I hope this makes sense! any advice greatly appreciated!
    Originally posted by bitbot

    If they are suggesting this, then embrace it asap ... Recoveries people are easier to deal with, they have more "power" to be understanding if you know what i mean. They ARE more likely to take what they can so reduction in interest is quite possible.

    Have you also argued that by charging the high interest in the first place, they are already taking advantage of you in a vunerable situation?
    Lightbulb Moment - Oct - 08 DMP Started - Feb -09
    Total Debt - 73,386 .00 Current Debt - 14,029.67
    DMP Support Member - 259 - DFD - Jan 2015 August 2016
    (thanks to Barclays for charging interest)

  • 2spicy
    As we enter Year 4 of our DMP, looking back weve been able to increase our monthly payments from 570 a month to 700 a month. We have played the debt game, traded on ebay / boot sales and rationalised our cars. We have shopped around and even missed 2 family holidays.
    Mrs Spicy gave up work when the second baby Spicy was born, this saved us almost 1000 a month in Nursery fee's and also a saving of 300 a month for before and afterschool care for our eldest little Spicy one. Part time work at the local Asda for the weeks leading up to Christmas gave an extra 100 a week into the Christmas fund, that ensured we had a cracking festive season and refilled the cupboards to bursting with 2 for 1 and BOGOFF deals.

    The Mobile phone contracts ended on the 5th January, and thanks to a superb deal found on MSE we have a pair of iPhone4S 's free to replace our old phones with the monthly contracts reduced by almost 50% what we were paying previously and thanks to Mazuma-mobile, we are waiting for a cheque for 180 for our old mobiles

    Next years Christmas presents were also purchased in the January sales and we hope to beable to do a family break this year

    Our Total debt has gone down from 69,000 to now just under 39,000 and we have another 3 years left.
    Our Plan is to be in a position to increase our repayments and be debt free before Mr'Spicy's 40th Birthday!.

    Were not putting this on here to show off, but for inspiration to people out there just starting ... Play the game, keep enough back for the family where possible and if you look hard enough, there is money out there, you just have to find it.
    Lightbulb Moment - Oct - 08 DMP Started - Feb -09
    Total Debt - 73,386 .00 Current Debt - 14,029.67
    DMP Support Member - 259 - DFD - Jan 2015 August 2016
    (thanks to Barclays for charging interest)

  • sickasachip13
    Wow, spicy family, you're an inspiration to all us DFWs and DMPers. Absolutely amazing, well done.
  • Wannabefree1
    Update from moi

    Had my first credit card statement arrive today from Barclaycard. No interest or charges but has been passed to mercer who are evil aren't they?? :s

    Lloyds credit card statement available on line - no charges but full interest (after confirming with Payplan it would be at a reduced %!!!). And now my debt with them will increase by 15 a month . Have batted an email off to Payplan to ask them I they can challenge the interest seeing as it was them they put it in writing to that it would be at a reduced level. Not sure if they will contact them or whether I'm going to have to do it myself - however I still have nothing in writing from them about the agreement.

    So a very mixed emotion day
    SPC5 #1457 Long hauler #293
    LBM 12/11
    Debtbusting -DMP 01/12 - 48832.04/48806.91
    400 to friends and family 250 Payday loan
    250 O/D
    Fatbusting - 126lb/66.5lb over half way now!
  • sickasachip13
    The good thing about debt being passed to a DCA is that at least the % stops.

    Lloyds statement - I suspect the online thing just hasn't been updated, this happened to us to, at the beginning.

    Definitely keep in touch with Payplan about it all and Hang in there.
  • Mort
    Hi Everyone,

    We are coming up to our 1 year review and unfortunatley our income has gone down a little and we all know that prices are going up....

    I jsut wondered has anyone had any experience of reducing their payments and the creditors reaction to this? I am a bit scared they will get all aggressive if we have to reduce them. I think we will we have really struggled the last few months mainly due to the reduced income.

    Any thoughts would be appreciated.

    Thanks H1983H
    Originally posted by hopeful1983happy
    This happened to us. Just gave all the details to Payplan and payments went down. I don't recall any problems.
    Proud to have dealt with my debts, became debt free on 03/11/2011. Repaid 54,723.41 LBM May 2006.
    Debt Free Roll Of Honour #504
    2 Savers Club 2015 #200 = 84/150
  • LittleHippyHop
    Thanks SAAC. I'm going to shop around and look for some different cover. It was actually reading your CCCS blog and some of your posts here that gave me that push to go with CCCS so thanks for that as well!
    With regards to phone calls, today is the first day in a while I haven't received any but I'm sure it won't last. I had fallen behind with a couple of payments and was receiving a stupid amount of calls from various numbers (the same company would ring from various numbers as I wouldn't answer in the end.) Should I be hearing from all creditors myself? I have already heard from Capital One thanking me for advising me of my situation and saying they will send out further details of the reduced payment plan and dates (not sure about this but haven't had chance to ring so waiting for this letter). I haven't heard from anyone else as of yet.
  • bitbot
    Did the FSO write to you about your complaint? If not why dont you ring the Halifax and make a statement over the telephone stating that you feel that they have not resolved your dispute and that you will be contacting the FSO again for them to look at it as their action will not improve your situation.
    Regarding the default/recoveries department this most prob would be the best option all round. We are with the Halifax and after compalining they have refunded all interest/charges since Oct 11 although they have not given any information about time scales although with our OD they did say that normally after 12months its passed to the recovery.
    Dont you just love the Halifax.
    Originally posted by BevieB
    i only actually sent the complaint to fos between christmas and new year, and sent a copy to the halifax at the same time, but havent heard from the fos yet. In the letter from the halifax it did say if i am not happy with their response i can take this to the fos as this is their final response...so I may change my complaint to the fos and attach a copy of their letter from the halifax. They attached a cheque for 50 to the letter to compensate me for my distress which i found quite strange! But yes I agree, Halifax seem to be the only creditor I have had any problems with, and none of my other creditors are part ownd by the tax payer, and all seem to be dealing with my situation in a fair and sympathetic manner! Thanks for taking the time to respond
  • bitbot
    If they are suggesting this, then embrace it asap ... Recoveries people are easier to deal with, they have more "power" to be understanding if you know what i mean. They ARE more likely to take what they can so reduction in interest is quite possible.

    Have you also argued that by charging the high interest in the first place, they are already taking advantage of you in a vunerable situation?
    Originally posted by 2spicy
    Thank you - I feel as though i should embrace this asap but didnt know whether this would affect my ability to try and claim back more of the high interest they have been charging me - Im ashamed to say they were charging me that amount for 18 months before I realised that you could complain. All i did previous to this was speak to payplan and i got the response of we cant make your creditors freeze or reduce interest we can just write and request that they
    do. I hope if i get passed to recoveries I can still complain to the fos about the interst they were charging me in the first year of dmp? I feel the fact they have reimbursed the interest for the past 6 months is a good start? I think i will take the chance and get passed to recoveries while still pursung the complaint with the fos about the level of interest they were charging over the past 18 months? Thanks for your response
  • ianmak
    Hi ya, here's the up to date member list. Will add the new members shortly.

    95 Kelly 1
    teecee 2
    Ex-spenaholic 3
    Smilealot 4
    Huntress 5
    sea78 6
    gemmzie 7
    goldigger 8
    IDAAS 9
    Bloody HEll 10
    Joek 11
    Jumps 12
    shearerbobs 13
    Bluediamond 14
    ashden 15
    newgirl 16
    lonely 17
    emmy1 18
    leixlip1 19
    greengrocer 20
    daisyblue 21
    scared 22
    njc12 23
    franny 24
    bessy 25
    neith 26
    rustybucket 27
    kevster1009 28
    fay66 29
    valleys girl 30
    totallyfedup 31
    newlywed 32
    brassicks 33
    vpmamt 34
    4maxine 35
    looby75 36
    nugsfarnham 37
    yellowmonkey 38
    amani 39
    dlb 40
    ticktock1973 41
    auntie pie 42
    pan 43
    alfredsmum 44
    llewelyn 45
    vickaycon 46
    Scottishmummy 47
    wewillclearthis 48
    Winkus 49
    ilovegreatdanes 50
    hopeful 51
    mioliere52 52
    charlie2301 53
    readhead999 54
    VivCk 55
    dumb debtor 56
    Cuba Cat 57
    Lennymfo 58
    Michelle73 59
    welshjojo 60
    craftingqueen 61
    onamission 62
    rayday2 63
    sweety83 64
    lonelytoo 65
    Dreamer999 66
    everclear1973 67
    DrJekyll 68
    ankleshaggers 69
    lily-ella 70
    bowz25 71
    LoubieLou 72
    itsalldrivingmemad 73
    rainbowsapphire 74
    cath 75
    toasti 76
    Heregoes! 77
    lonely2 78
    Pompeymark88 79
    worrygirl 80
    eripmav 81
    xgingerx 82
    Katchambers 83
    Boltonbwfc 84
    Coochycoo 85
    Knotty29 86
    itsnowtime 87
    tinytot143 88
    Jaks 89
    Stillsmiling 90
    MadDogWoman 91
    Weezypoos 92
    Weemac 93
    Pinkkat8910 94
    SortingIt 95
    Archer85 96
    JacksXXX 97
    Sofa_bean 98
    Surfer_Chicky 99
    JillyOJolly 100
    CharliesAngel 101
    Chipbeck 102
    Spendthrift66 103
    BluePanther 104
    Jodenice 105
    Orpheus 106
    donnacarteruk 107
    mummytofour 108
    debtman2007 109
    debrag 110
    cloudnine 111
    moneydesperatex 112
    Compulsivespender79 113
    Limana68 114
    Stargazeratdawn 115
    KeelyJrs 116
    TakeittotheLimit 117
    Sallyx 118
    Amyv 119
    learnthehardway 120
    monkey22 121
    Janey51 122
    tracytaxi 123
    Bigdi 124
    Sanshing 125
    ald65 126
    piptom&AndyPandy 127
    CBI 128
    tara66 129
    barbie doll 130
    afur 131
    GlassHalfFull 132
    timetobefree 133
    Alex Fyfe 134
    geoffmr1 135
    tomandjerry 136
    Gooner87 137
    Sam89 138
    telboy99 139
    MUMMYMOO 140
    Marru 141
    Mogminnie 142
    Debtfree2015 143
    pinksparkle82 144
    UKroseblue 145
    Gingerish 146
    Whoopiedoodle 147
    mumzyof2 148
    madrocks 149
    Carlos700 150
    Coolmum 151
    Lovella 152
    Kitty 153
    Tinkerbell12 154
    10past6 155
    ailsajayne27 156
    mazmc 157
    ticklepenny 157
    loopylu36 158
    tickertyboo 159
    maz1964 160
    Shineyhead 161
    Creditwreck 162
    fedupandworried 163
    lisabell 164
    gonna be 165
    Dski 166
    Geddy 167
    Skibadee 168
    tass 169
    Tigert 170
    Silou 171
    Reformed Shopaholic 172
    hamsterpoo 173
    milliejon 174
    indebtstudent 175
    rugby6ft8 176
    Violet1 177
    Andytwonames 178
    Donedoingdebt 179
    sunshine38 180
    lostalot 181
    Hollyb 182
    Angeldiva 183
    Piggsy 184
    longforthesun 185
    Wen3 186
    moneysavingmumofone 187
    Just Me 188
    HollyB 189
    Jvic28 190
    Therelda 191
    Itsnowtime 192
    Angel Cake 193
    MclarenGurl 194
    So Sad Angel 195
    Shazand 196
    louietudor 197
    tishywish 198
    simbalou 199
    spent too much money 200
    lmw1977 201
    GOLDGPR 202
    katyw 203
    kebabed 204
    Mary Mungo + Midge 205
    mummum2 206
    Jackie710 207
    kpwll 208
    ben79 209
    Griswold 210
    Toffee Penny 211
    Numpty Monkey 212
    pinksparkle 213
    Alpinestar 214
    flounder1 215
    Ikkle 87 216
    archers addict 217
    Claireyfairy31 218
    Singsalsing 219
    Yummy-mummy 220
    Lisa-r 221
    very silly and scared 222
    Johnny Madrid 223
    Murraymint 224
    NW-ANGEL 225
    at_my_wittsend 226
    want2bfree84 227
    tranceaddict 228
    lottsacats 229
    Symesd 230
    sarriep 231
    Rabbit-in-headlights 232
    mouncey 233
    Zoeysmumof6 234
    gilligansyle 235
    markey77 236
    Etherelda 237
    Kudox 238
    Althea 239
    JES_F1 240
    Nicki-Sue 241
    TotallyBrassic 242
    ianmak 243
    skintandscared 244
    poohbearmufc 245
    eveie189 246
    debtmuncher 247
    Princess of Plastic 248
    Penny39 249
    Suze72 250
    Elsie52 251
    HopeTRMD 252
    Fullhouse 253
    MSC1977 254
    Massivedebts 255
    Seasiders 256
    Billybobberyl 257
    Bexxie90 258
    2Spicy 259
    OLLIETHECOLLIE 260
    Daffykjs 261
    jenevieve 262
    Quillion 263
    NEWLIFEWANNABE 264
    rainman31 265
    kissthedebtgoodbye 266
    St0lli 267
    JWM 268
    rcpbiggles 269
    emmylou3219 270
    50broke 271
    emmiloam 272
    skintlady 273
    myeyesropen 274
    ad1jnl 275
    Louise82 276
    DMPDarling 277
    Cheesypuff 278
    rachaelfleur 279
    boot13t 280
    Cornishmaid 281
    thenightporter 282
    ricbro 283
    Parsley 284
    VanillaDelia 285
    WorriedofSurrey 286
    mcrfan 287
    cheesedoffwithdebt 288
    happy_peach 289
    moneybuster 290
    Moany Money 291
    Ladyday 292
    pageee2004 293
    2009timeforchange 294
    Mrs_Ryan 295
    thatcherschild 296
    Devongirl 297
    debt_daisy 298
    Clucky26 299
    Chancer63 300
    muddlemess1 301
    foolishqueen 302
    smcshane 303
    MRSG2B 304
    sillywhenyoung 305
    Crafty1 306
    FredzMum 307
    Eriberri 308
    Eupho 309
    Saskia1 310
    Tottenhamtotty 311
    Charm1 312
    Bahamas 313
    sandalwood 314
    Jemima09 315
    gaztop26 316
    jk8 317
    kew63 318
    RachM 319
    Yippee31 320
    skintmumofone 321
    ilovesooty 322
    Spendaholic 323
    leese2504 324
    Paolo_H_UK 325
    glitterlea 326
    scouselad1974 327
    supersleuth 328
    hamstan 329
    Twit Head 330
    Apple38 331
    capcom99 332
    d1965 333
    jles49 334
    Pinkpower 335
    yellowpinky 336
    snowymalone 337
    sarahb7538 338
    cloudy-day 339
    katkins2 340
    whichwaynow 341
    Gpuk 342
    Circling The Drain 343
    CASR25 344
    Pinkiepie68 345
    londonfraggle 346
    Brussell Sprout 347
    the tooth fairy 348
    twoflower169 349
    mumofseven 350
    sunnydais 351
    Completely Confused 352
    Northstar68 353
    CraigP 354
    Helz1980 355
    darkinhere 356
    pwally2 357
    drpellypo 358
    Welsh Bird 359
    DotNetter 360
    emmahoyles 361
    cazza63 362
    iwillgetoutofdebt 363
    newbeginning 364
    maxmax 365
    bongo1 366
    shandypants 367
    purple115 368
    girlypink 369
    MRS:OPTIMIST 370
    mamajojo 371
    Pure Dead Dopey 372
    Lozzam 373
    Claret40 374
    Suziewong1 375
    Alphie983 376
    mozzyc 377
    crispycornflake 378
    sherb1e 379
    sanctuary seeker 380
    Hopelessly Hopeful 381
    jupster 382
    Julie67 383
    fluffyboots 384
    Ellieseleven 385
    SarahNeedle1872 386
    ~evanesco~ 387
    powerchimp 388
    MrsGibbs1503 389
    MRS A 390
    sunfleur 391
    grantalien 392
    goingforward 393
    jcorbygas 394
    bigt1888 395
    manicmiz 396
    Loubylou2 397
    sherry16 398
    TightbudgetJO 399
    tweetiepickle 400
    drusilla 401
    monwind 402
    toots1607 403
    B17c 404
    maganan 405
    SHELLSHOCK 406
    Pink-Angel 407
    CommitedToChange 408
    debtfreewannabe321 409
    mikon 410
    Squirrel29 411
    secretshopper75 412
    Superbiatch 413
    darwins_mum 414
    tired mum 415
    MoneysTooTightToMention 416
    fairsats 417
    sarahowen 418
    Nikki4 419
    Jubilee76 420
    Growurown 421
    Dolly66 422
    dawn1967uk 423
    BlushingRose 424
    sickasachip13 425
    tintingirl 426
    Joyanne 427
    PinotGrigio41 428
    ailz95 429
    Wannabefree1 430
    Jenjen 431
    DFW2012 432
    Pink Fairy 433
    savvykaz 434
    Last edited by ianmak; 10-05-2012 at 9:30 PM.
    DMP mutual support thread No: 243
    If you'd like one, send me a PM.

    Remaining unsecured debt: Sept 2008(ish) 38550 Feb 09 39147 Sept 09 37164 May 10 34652 Feb 11 30768 (PP 29768) Apr 12 PP 22750.Jun 13 17000 Jan 14 0
    DFD...July 2029 July 2019 Jan 2017 May 2016(ish)Feb 2016(ish) 15/01/14!!!
  • Hopelessly Hopeful
    It's going to go towards my Argos debt (see 1 debt versus 100 days challenge thread), along with 21 of foreign currency I found on my book shelf and whatever's in my penny jar at the end of the month (if it lasts that long without being raided to buy food)!

    Would've been nice to go out for a meal but I'd rather blast Argos off the face of my debt, if I can.
    Originally posted by sickasachip13

    Good idea, great news

    HHx
    DMP June 2010 - August 2014. 100% plus interest paid back in full

    Proud to have dealt with my debt
  • sickasachip13
    Since we moved thread, I thought I'd put a link to this seperate thread here for DMPers who are also after PPI refunds: http://forums.moneysavingexpert.com/...&highlight=ppi

    :-)
  • proudmumof1
    Hi all,

    Need a bit of advice if possible. To update you all I am at the early stages of managing the DMP process myself, writing all letters, fielding calls, etc and all the fun that goes with that!

    Everyone I have spoken to so far has been reasonable bordering on flexible, bearing in mind i am not using a DMP company and trying to resolve the issues myself.

    One of the credit cards we owe on is barclaycard and today I received 2 letters from them. From different offices.
    The first letter from leicester offices stating we have to contact them by 5th feb with the contact name of our debt advisor ( guess that would be me then!?) and in the meantime they have suspended fee's / interest.
    The second letter ( from Northampton office) stating that they are happy to accept our 1 per month offer and they will suspend interest / charges but collections action will continue and they want us to contact them before the 4th Feb.

    All a bit confusing really. We genuinely cant afford much more than the 1 per month so who do we reply to and how do we avoid the collections action?

    Any advice welcome

    PM x
  • ailz95
    Oh, I forgot to mention that they want us to cut up the card and send it back to them. Of all the cards (3) we cut up, guess which bits we didn't keep?! *sigh*
    Originally posted by BlushingRose
    Don't worry about it. I cut ours up and binned them. Just tell them so. Also think about the worst they can do to you BR -a default on your credit details which will stop you getting credit - that's it. If they tried to take you to court when you've got a DMP in place they'd be told off by the magistrates for wasting their time. Your biggest/only worry is having money for food/petrol until the end of the month. Take a deep breath, put a smile on your face (it releases endorphins that make you feel better after a while) and get on with your life.

    These banks won't have sleepless nights over the money they are owed - we're all just a small blip in their bonuses - just think the boss may only get half a million pounds bonus instead of a million - all because of us - makes you proud really doesn't it?
    'Proud To Be Dealing With My Debts' DFW Nerd club member No. 1028.
    DMP Mutual Support member No. 429

    DFD 10.9.14.

    Live Simply not Simply Live
  • ailz95
    Embarrassed cough: I can't find my number - perhaps I never asked to join - but I thought I had - Please may I join?

    Remember all that if a creditor keeps on ringing you then it is harassment. One man took a creditor to court last year for keep on ringing and not only got his amount owing wiped but a sizeable chunk of money awarded to him.
    'Proud To Be Dealing With My Debts' DFW Nerd club member No. 1028.
    DMP Mutual Support member No. 429

    DFD 10.9.14.

    Live Simply not Simply Live
  • MoneyMum
    Hi
    Can I join you please?

    Im in the middle of setting up my DMP with Payplan and quite looking forward to it as to be honest.

    Ive been in debt for the last 18 months+ and wasn't to bothered about it as I had convinced my self it wasn't that bad and I could clear in pretty quick if i needed to. Well for the last 3 months I haven't even been able to afford the minimum payments and and struggling beyond my imagination.

    I haven't eaten in over 24 hours, have no idea how im going to afford anything for the next 2 weeks until pay day though im lucky all my important bills have been paid other than my rent which im working on

    Todays has been a BAD BAD day.

    xx
  • Hopelessly Hopeful
    Hi
    Can I join you please?

    Im in the middle of setting up my DMP with Payplan and quite looking forward to it as to be honest.

    Ive been in debt for the last 18 months+ and wasn't to bothered about it as I had convinced my self it wasn't that bad and I could clear in pretty quick if i needed to. Well for the last 3 months I haven't even been able to afford the minimum payments and and struggling beyond my imagination.

    I haven't eaten in over 24 hours, have no idea how im going to afford anything for the next 2 weeks until pay day though im lucky all my important bills have been paid other than my rent which im working on

    Todays has been a BAD BAD day.

    xx
    Originally posted by MoneyMum
    Morning and welcome

    Have you got some money for food?

    HHx
    DMP June 2010 - August 2014. 100% plus interest paid back in full

    Proud to have dealt with my debt
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,427Posts Today

7,594Users online

Martin's Twitter
  • Rare Tesco 500 extra pts code (worth £5-£20) for new AND exist cust if you do £60+ online food shop. Ends tomorrow http://t.co/3PBwqjFNRb RT

  • RT @lalahiggins33: @MartinSLewis thanks to your piece on Victoria Derbyshire last week I'm nearly a grand richer due to MIS sold package ba?

  • I'm limbering up for my new @itvthismorning "do it or don't" slot. I'm meant to have the wisdom of Solomon, wisdom of a salmon's closer

  • Follow Martin