DMP Advice please

ScrybSprite

Having been unsuccessful in getting a consolidation loan (which means all my stuff in Cash Generator will have to go :mad:) I've been talking to various people about a debt management plan. Baines & Ernst I decided straight away not to go with, as they wanted a definite yes or no there and then, and got very pushy when I said I needed a little time to think it through. The other two I've been talking to are ADS, and just now Debt Free Helpline. Each naturally claim they're they best around, so I'm now looking for impartial advice from real people .
Should I go with one of these two, or someone else entirely?
Thanks in advance for any and all advice.

Alex

jellybean08

never go with a company that you have to pay for, they can't do any more than the debt charities can.

saintly_2

nooooooooooooo

stop right there

do NOT go through one of these people, they are fee based people

contact CCCS or payplan, they are a debt charity, i havent got any contact info but someone will come along soon to advise you

andreweduk

CCCS or Payplan don't charge for their services!! Go to them!!

A lot of other COMPANIES charge, whereas these CHARITIES work for fre!e!!

Miss_Piggy_2

Do NOT pay for a DMP! They can do nothing for you that a non-profit charity can't do. Contact the CCCS or Payplan for advice on DMP's. I'm on a DMP with the CCCS and it has been great!

Miss P
xx

ScrybSprite

Right. The lines that the two companies are giving me are that they stand the best chance of getting interest on my crdeit cards frozen, and that if I need legal advice, they can get it for me at no extra charge. "You get what you pay for" was Debt Free Helpline's quote.

sam89

Another person shouting "DON'T PAY FOR YOUR DMP"

Payplan, who I'm with, and CCCS will help you for FREE. Please contact one of them.

Sam,
x.

tishywish

They will say that - there's nothing in it for them to recommend Payplan or CCCS. Definitely do not go for anyone who will charge you a fee. I'm with Payplan and I've had no problems with them at all. As far as I can tell it seems to be entirely up to the creditors' discretion whether they stop interest and charges but so far, all but one of my creditors have stopped charges and most did so straight away.

Numpty_Monkey

Use this link
Non-profit Debt Counsellors' List
As the others have said call one of the debt charities

Miss_Piggy_2

ScrybSprite wrote: »

Right. The lines that the two companies are giving me are that they stand the best chance of getting interest on my crdeit cards frozen, and that if I need legal advice, they can get it for me at no extra charge. "You get what you pay for" was Debt Free Helpline's quote.

The CCCS have a huge amount of influence in the financial / banking world. ALL my creditors froze interest without so much as a whimper.

Please please no not pay for your DMP. Just think, the money they keep could actually be going to your creditors!!!!

skintandscared_2

Nooooooooo

In this case, you DO NOT GET WHAT YOU PAY FOR!!!

The companies take their fee from your monthly payments which means LESS to your creditors. They have no more chance of freezing interest than CCCS or PayPlan but they will take their fee anyway.

DON'T DO IT!!!!!!!!!! contact CCCS or PayPlan and forget these sharks cashing in on your debt!!!!!!!