is this the quickest default ever!!!!

louietudor

well how about this - all my cards loans etc were up to date when i called cccs in May to start a DMP and then sent letters and token payments to my 13 creditors first week in June and am due to make first cccs payment Tuesday

anyway had my first creditor agree to the plan today - M&S Money - this was due to be paid 19.6.8 but like i said i had sent the token payment begining of June - anyway in the letter it said they agree to the plan and will not charge interest blah blah - BUT - as the amount to paid each month is less that 1% of the debt they are issuing me with a default immediately !!!!

now i think that's a bit strong as like i say as of today the minimum due is only 9 days out of time!!!

i know on the plus side the sooner its there the sooner it will clear but i wasn't expecting any for at least 3 months

i think the reason maybe that i told them about my bone cancer ( don't worry its not life threatening yet)- i did um and aaah whether to tell them but as its the main reason i can no longer afford the repayments ( symptoms and treatments mean i can no longer work the hours or at the pace i used to) i thought it best to be honest - perhaps they think im going to kick it so they are defauilting me so the debt can be sold on before that happens??

anyones opinons woudl be gratdully received - i would have posted this in the DMP Support thread but felt i needed a wider readership