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Help with self managed DMP please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Digital DRA?
Just had a call from Digital DRA - I said I didn't know who they were...lady said that she could tell me who they were calling on behalf of, if I could answer some security questions...eh...no! I have a suspicion they are working on behalf of an Admiral Loan - last payment was November 2024, defaulted in April 2025...no…
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Scottish debt token payments and some questions
I’m back again! When do I offer token payments and how? When the debt defaults do I still make token payments? Does the token payments affect the default date & would the debt still fall off credit file in 6 years or would it be longer due to payments? How much do I offer? Debts will miss their first payment at the end of…
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First time taking the leap - can no longer afford my repayments - PLEASE HELP
Hi all, My unsecured debt repayments have become unaffordable and I would appreciate your advice on next steps. Background I am a self-employed contractor which means I earn a good wage while I am working, however there have been lengthy gaps between contracts where I have earned nothing at all. This, paired with vital…
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SOA advice appreciated on debt plan
So I posted end of last year about doing a DMP but I didn’t, I just panicked about doing it and continued as I was. So a bit of background, I was earning about another £800 a month on top of what I am earning now, but the second job I was doing came to an end suddenly with about 2 weeks notice in November. So this was the…
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Dmp or not?
Hi All! So currently dealing with a fair bit of debt. Credit cards x 5 (all on 0% for 2 1/2ish years) Unsecured loans x 3 Total being around £34000. So far i have been managing my own way, and if i carry on with it ill be debt free by June 2028. And only have 2 months paying interest out of the 0% of the credit cards. The…
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Advice for SOA please
Hello, I'm trying to put together a SOA so I can look for options for my credit card debt (DMP or DRO), could anyone advise if some of the amounts would be accepted? I've been trawling through bank/credit card statements to see what I've been spending. The amounts that I think could be questioned as higher than average…
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copy of credit agreement and account DENIED
Hi everyone i had a debt over 20 years ago where i offered £1 a month to which i have been paying for 20 years i have had no contact for many years until Recently caboot was contacting me constantly along with orbit knocking the door So as i was reading this forum i sent them a request for this account history and signed…
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Santander settlement
Hi I am looking to settle a debt (Partial settlement ) with Santander. The debt is managed by Moorcroft, Is it better to go direct to Santander, or through Moorcroft? as their dealing with it on behalf of Santander. Thanks in advance.
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Self managed DMP
At the start of my payments now I have defaulted on a few. Made my first payment to Lowell via a standing order as I am in charge then if I want to up or lower the balance. I also sent them an email telling them this. They have sent me a direct debit mandate for a payment plan. Can I ignore this and carry on as I was?
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Hoping to do self managed DMP ... please check my ponderings
Hello everyone I am hoping to create a self managed DMP as opposed to an IVA with StepChange. Is it really hard? I am just starting to receive letters from Lloyds and MBNA to close my accounts and have received defaults. No idea what to do next!!! Not paid this month's payments... its scary... Here are my details. Hope…
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Self managed DMP advice/help??
Evening everyone. This is my first post here after reading only for months. I am intending on doing a self managed DMP & have already ignored my lenders for a few months. Today I received a letter with my first default from “Creation” which I have a loan with. I have copy & pasted the main part of the letter below and I am…
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Help! How do I not lose motivation and ruminate whilst I wait out my debt plan
Hi, A quick overview into my life for the past few years may help with some guidance, so I'll start there. I'm 28 and had been managing debt via balance transfers, but keeping the original cards as well as other usually BNPL and store credit type debts from essentially I was 18 with it peaking around COVID time. During…
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Need cash and credit
Morning all, Hope someone can help. We have £30k of debt looming at us in the face. We are totally aware of it and most of it is in the form of home improvements and needing a new second hand car. We are both high earners with around 2k per month left after paying bills, mortgage, shopping etc. My credit score is…
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Economic abuse
Hi everyone, I’m dealing with a disputed credit card balance linked to financial abuse and coercive control in a relationship. The matter has been reported to police and I’m preparing a formal complaint to the card provider after they sent me an initial decision they will uphold the transactions as I shared my card/devices…
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DMP Not being paid on time
My friend was starting a business decorateing houses to a quality standard. I did a contract with her and I sent £4000 to her bank account. She was to pay me back the full ammount She then made many excuses that she was on holiday, she had issues with her husband, wasn't well. I then found out she did not work and spent my…
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After 4 years and 3 months on my DMP...only 5 payments left to debt free
No real point to this post, other than writing it down makes me so happy. I started my DMP 36k in debt in October 2021. Doing that DMP was the best thing I have ever done. I have lived my life, whilst paying my debts back. I can't believe I have only 5 payments left. If you are thinking of going down this route..stop…
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First contact about CC debt over a year after default. Is this legal?
This isn't my first time around the block - I've previously been bankrupt and found this forum extremely helpful back then, but lost my old account. However I am poor and ended up back in debt, though much less of it this time. I defaulted on a fairly hefty credit card debt some time ago - I had applied for a 6 month…
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Affordability Claim Win! Finally.
1 year 2 months and finally got my affordability claim win!! Never thought I’d get it sorted but it finally happened. November 2024 sent Newday my complaint which they rejected. I sat on it for 5.5 months thinking no point taking further to the FOS. They’d sent a massive lengthy letter explaining why I was wrong. It put me…
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Settlement Offers
Hi, I've decided to pay some defaulted creditors and settle some accounts. Previously i didn't bother because they were defaulted and any payments were not going to improve things. But I'm thinking if smaller offers, it means what I pay into a dmp, more of that will go towards the larger debts i have if some creditors are…
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