Reclaiming Credit Card Charges When On A DMP?

hayloiz

I am currently 14 months into a debt management plan with Payplan and have agreements in place with my creditors to pay back a small set amount each month. I have worked out I have about £2800 of unfair charges over six credit cards. If I try and claim back the money how will this affect by DMP and the payment agreements that I have in place? The majority of the money that I would get back would be used as money for repaying the six creditors.
Any advice would be appreciated.

natweststaffmember

hayloiz wrote: »

I am currently 14 months into a debt management plan with Payplan and have agreements in place with my creditors to pay back a small set amount each month. I have worked out I have about £2800 of unfair charges over six credit cards. If I try and claim back the money how will this affect by DMP and the payment agreements that I have in place? The majority of the money that I would get back would be used as money for repaying the six creditors.
Any advice would be appreciated.

I would expect that the balances on your credit cards will substantially reduce as they would be used to clear any amounts outstanding. Does the amount clear everything?

hayloiz

The total amount from all the charges would pay off one of the credit cards but not all. I had intended to split it proportionately depending on the size of each debt.