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Pay Plan

I took the plunge today and called them, seemed very friendly and someone is going to call me tomorrow to discuss things in detail.

Can anyone advise me what it is they will ask and discuss so I'm prepared when they call?

I feel kind of embarrassed to have to call them, I can afford to make full payments for the next few months but with my small income after 3 months Its just going to get too hard to maintain that.
Official DFW Nerd Club - Member no. 065

Comments

  • Bellie_2
    Bellie_2 Posts: 295 Forumite
    From what I gather PAY PLAN is similar to CCCS. If that is the case, you need a complete list of all your incomings and out goings, what you spend your money on, debt details, and detals ofdirect debits and payments you are making etc. Try toi include every single thing as it will help them more. Might also need bank acc no etc but not sure. Dont be nervous, they dont judge, they are there to help you and do there best to sort you out. My boyfriend delt with his debt through CCCS and they were great. Just think how great it is going to feel knowing its all sorted and you have all your payments set up at an affordable amount. Hope it all goes well. I am sure it will. Well done for being brave enough to get the ball rolling.
    Official DFW Nerd Club - Member no. 086
    Proud to be dealing with my debts !
    Total Debt: Was £6368.84 :eek: now £945.36
    Sealed Pot Challenge 049 Aim £500
  • Hi
    I am using payplan they arevery good and helpful. As the person said before they will want your income andexpenditure for everything don't miss anything out. Whatever disposable income is left they will use to pay back your creditors. They will want details of your creditors, amounts, account numbers or refs, I think thats about it. They are very nice and approachable and easy to get old of inthe future when you become a client. Good luck. :j
  • fizzel81
    fizzel81 Posts: 1,623 Forumite
    we are too having our phone call tomorrow starting to feel nervous, am compiling a list now of everything we think they will want to know
    DFW nerd club number 039 :p 'Proud To Be Dealing With My Debts' :money: i will be debt free aug 2010

    2008 live on 4k +cb £6,247.98/£6282.80 :T
    sealed pot 2670g
    2009 target £4k + cb £643.89:eek: /£6412.80
  • Slayerx
    Slayerx Posts: 1,285 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I think my biggest concern is going to be that my disposable income right now is very little and im using savings to pay bills.
    Official DFW Nerd Club - Member no. 065
  • Slayerx
    Slayerx Posts: 1,285 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They couldnt help as my debt is only 7k, the minimum they can help with is 8k.
    Official DFW Nerd Club - Member no. 065
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    why dont you post your SoA here...i'm sure people will be able to offer suggests
    a general format for SoA is

    If you browse the bulletin board you will see examples but the general format is

    : statement of income:

    : statement of expenditure
    this should be quite detailed but excluding debt repayment
    : a subtotal to save us all having to add it up

    : statement of all debts including:
    for Credit cards show: outstanding amount, monthly repayment , APR
    for loans/HPs show outstanding amount, monthly payment, APR and number of months still to pay;
    Say whether you are paying PPI on your debts

    a subtotal of the total debt and of the total repayments, to save us having to add it up

    also add a brief details of your situation, partner, any children, rent or own property, value of house and mortgage, any special circumstances that are relevant
  • fizzel81
    fizzel81 Posts: 1,623 Forumite
    hugs, sorry to hear that, hopefully you will find a solution to your debts, im sure some of the friendly peeps on here could help if like suggested you post your soa, still waiting for my phone call but i think its been arranged for this evening when dh is home
    DFW nerd club number 039 :p 'Proud To Be Dealing With My Debts' :money: i will be debt free aug 2010

    2008 live on 4k +cb £6,247.98/£6282.80 :T
    sealed pot 2670g
    2009 target £4k + cb £643.89:eek: /£6412.80
  • Slayerx
    Slayerx Posts: 1,285 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I will post my SOA once I get back from the post office, thanks for all the support so far.
    Official DFW Nerd Club - Member no. 065
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