DMP problems really need some help PLEASE

icecube2009

I have been on a dmp for about 6 months now and all seemed to be going OK (apart from having to reduce my payments as we couldnt afford to live) and i have just received a statement from my lloyds credit card & they have been paying themselves money (to make up the shortfall) out of my bank account, so have made our bank account go well into the red, so I am going to get massive charges, my cerdit card on the other hand is fine, obviously they have been topping up the DMP payments from my overdraft so i am not behind on my credit card, even have £500 available balance! (for the record I dont use this account now as it is included in the dmp)
Can anyone help here at all? what can I do???

DVardysShadow

Do? Get another bank account with someone you don't owe money to and keep it that way.

As for Lloyd's, although they have rights of offset, I think there is a legal point to be made at some point that a creditor should not be able to use rights of offset to increase the amount owed.

icecube2009

DVardysShadow wrote: »

Do? Get another bank account with someone you don't owe money to and keep it that way.

As for Lloyd's, although they have rights of offset, I think there is a legal point to be made at some point that a creditor should not be able to use rights of offset to increase the amount owed.

I have another account, with nationwide, i opened that before i started on the dmp, I didnt realise lloyds would be able to do this, my overdraft is £600 on lloyds & we were about £300 into our overdraft which was hopefully gonna get paid off on the dmp, we pay lloyds credit card £88 a month on the dmp & they have taken another £85, then another £45 all in the space of a few days. Once we are up to the limit on the overdraft will they still be avble to ofset like this? and make us over our agreed overdraft?

icecube2009

I wish I had borrowed some cash off the credit card & paid the overdraft off before we went on the dmp.