📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

DMP - How big was yours?

TimTheBear
TimTheBear Posts: 62 Forumite
Part of the Furniture Combo Breaker Debt-free and Proud!
edited 29 July 2014 at 5:23PM in Debt-free wannabe
Just curious.. :D

When I started my DMP in 2010 it was in excess of 158k.

44k left to pay. With a debt free day of March 2016 :j

I'm not bragging. But I'd thought i'd let people out there know, youre not the only one with their own almost seemingly impossible mountain to climb.


If you haven’t already, join the forum to reply!

[threadbanner]box[/threadbanner]
«1345

Comments

  • blisteringblue
    blisteringblue Posts: 1,140 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Wow, that's a Biggun ......

    60K back in April currently 56K DF Late 2018
  • excited_to_be_free
    excited_to_be_free Posts: 112 Forumite
    In April 2013 when I started, it was £11,444, paid off £4020 so far.
    LBM March 2013 DFD August 2016 :beer:
    Total unsecured debt: [STRIKE]£11,444[/STRIKE] [STRIKE]£9,914[/STRIKE] [STRIKE]£7424[/STRIKE] [STRIKE]£6273[/STRIKE] [STRIKE]£3454[/STRIKE][STRIKE]£2934[/STRIKE] [STRIKE]£1934[/STRIKE] £0:j
    Number of creditors: [STRIKE]14[/STRIKE] [STRIKE]13[/STRIKE] [STRIKE]11[/STRIKE] [STRIKE]7[/STRIKE] [STRIKE]6[/STRIKE] [STRIKE]4[/STRIKE] 0 :j

    THIS will be the start of a new me!!!
  • timeforaction_2
    timeforaction_2 Posts: 63 Forumite
    Im going to have to do a DMP my debt currently stands at about 30 k loans to Barclays and a Barclaycard about 11 k and 2 cc with rbs for about 9 k feel like the worlds going to cave in on me going to try and do it myself how much would you suggest I offer
  • monkey1000
    monkey1000 Posts: 15 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Hi guys - just sent off the paperwork for my DMP today - £86K. Think I'm going to have a rocky road for a while. My question to you guys is, 1 of my creditors is Barclaycard - and possibly wrongly I have opened a Barclays cash card account as my new basic bank a/c. Didnt think about the connection - do you think i should change to another bank??
  • wikiklix
    wikiklix Posts: 2 Newbie
    monkey1000 wrote: »
    Hi guys - just sent off the paperwork for my DMP today - £86K. Think I'm going to have a rocky road for a while. My question to you guys is, 1 of my creditors is Barclaycard - and possibly wrongly I have opened a Barclays cash card account as my new basic bank a/c. Didnt think about the connection - do you think i should change to another bank??

    Yep 100% don't bank with anyone you are settling with. There are plenty of banks that of basic accounts
  • silentkiller
    silentkiller Posts: 240 Forumite
    I've just set mine up - my debt is 11K.
    The truth is out there... and I want to believe
  • lizzy23
    lizzy23 Posts: 193 Forumite
    33k back in November 2012 paid off around 6k and dfd 2018
    LBM 2 and the OH is onboard sept 12, DMP will start on the 1st November, DFD who cares as longs as it comes:)
    1 year down 5 to go and now under 30k and 10% paid off :beer:
  • On_my_way
    On_my_way Posts: 405 Forumite
    Fifth Anniversary 100 Posts
    TimTheBear wrote: »
    Just curious.. :D

    When I started my DMP in 2010 it was in excess of 158k.

    44k left to pay. With a debt free day of March 2016 :j

    I'm not bragging. But I'd thought i'd let people out there know, youre not the only one with their own almost seemingly impossible mountain to climb.


    Wow, that's pretty amazing. I don't even remember what I started with but I suspect it was about £35k in 2009. It's now at £14k
  • Karen777
    Karen777 Posts: 416 Forumite
    26k at start. felt like an unsurmountable figure. almost half way there now...
    Debt at highest - June 2013 - 26k/ March 2018 - 2500
    Proud to be dealing with my debts
  • Fed_up_and_forty
    Fed_up_and_forty Posts: 8 Forumite
    £63400k at the beginnning of Dec 2013, now its £56k, with a debt free date of Nov 2018. It still feels like we have a huge way to go but at least its going in the right direction.
    Started DMP Dec 2013 debt £63400 :eek:
    As of March 2014 paid 5% £60436, July 2014 paid 10% £57050 to pay DFD Nov 2018 :rotfl::T
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.4K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.4K Work, Benefits & Business
  • 598K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture