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Debt Management plan

Hi, I'm a bit new to all this. Basically, I've just bitten the bullet and taken the first steps to setting up a debt management plan to get rid of all my debts and get my creditors off my back. It was very scary but the woman on the phone was lovely, and I finally feel like there is light at the end of the tunnel. I am determined that this time things are going to get better and I may actually manage to get to a state where I can have a relatively healthy financial status. I'm so relieved to finally have admitted how bad things had got.

Comments

  • kimmi_b
    kimmi_b Posts: 166 Forumite
    :T well done you! You have taken the first and hardest step of admitting to problems and are dealing with them - things can only get better from this point :)

    I hope you have picked a no-fee company like Payplan or CCCS though :)
    :A kimmi_b
  • RAS
    RAS Posts: 33,829 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nikki

    Hopefully you have spoken to one of the debt charities listed here http://www.moneysavingexpert.com/loans/debt-help-plan#help or to Payplan.

    if not, how much of your payment is going in fees and how many of the first months' fees are set up costs?

    If you wuse a debt charitiy there are no fees to pay and your debt gets paid off faster.
    The person who has not made a mistake, has made nothing
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