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  • FIRST POST
    • Payall
    • By Payall 8th Oct 17, 11:58 AM
    • 2Posts
    • 0Thanks
    Payall
    Dmp
    • #1
    • 8th Oct 17, 11:58 AM
    Dmp 8th Oct 17 at 11:58 AM
    I am currently in a DMP with angel advance. Someone suggested you can go it alone and deal directly with your creditors. Can anyone offer advice or guidance regarding this option.
    Thank you
Page 1
    • glentoran99
    • By glentoran99 8th Oct 17, 12:00 PM
    • 4,714 Posts
    • 3,730 Thanks
    glentoran99
    • #2
    • 8th Oct 17, 12:00 PM
    • #2
    • 8th Oct 17, 12:00 PM
    Ditch them immediately, the money you are paying them could be paying off your debt,


    You simply contact your creditors and tell them to deal with you and you will continue the same arrangement,


    Or go to stepchange who wont charge you for the same thing
    • sourcrates
    • By sourcrates 8th Oct 17, 12:20 PM
    • 12,198 Posts
    • 11,654 Thanks
    sourcrates
    • #3
    • 8th Oct 17, 12:20 PM
    • #3
    • 8th Oct 17, 12:20 PM
    I am currently in a DMP with angel advance. Someone suggested you can go it alone and deal directly with your creditors. Can anyone offer advice or guidance regarding this option.
    Thank you
    Originally posted by Payall
    Hi,

    Any of the free debt charities in my signature will set up a DMP for you, completely free of any charge whatsoever.

    Or,

    You can self manage one, which again, is real easy to do.

    Ditch the fee charging DMC immediately, you are just wasting your money using them.

    Some info here from one of the best sites around :

    https://debtcamel.co.uk/debt-options/guide-to-dmps/
    Last edited by sourcrates; 08-10-2017 at 12:23 PM.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there, and delete spam.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • Payall
    • By Payall 8th Oct 17, 1:46 PM
    • 2 Posts
    • 0 Thanks
    Payall
    • #4
    • 8th Oct 17, 1:46 PM
    Dmp
    • #4
    • 8th Oct 17, 1:46 PM
    Thanks for the advice.
    Much appreciated.
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