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DMP Advice

jasperconran
jasperconran Posts: 756 Forumite
in Debt-free wannabe
Hi guys,

Have been talking to a company called money worries.co.uk today about them doing a dmp for us. has anyone heard of them? are they any good? thanks
LBM: April 2009 - honest debt figure: Secured: £0.00!! (paid back april 2017) unsecured: £53117.48 (roughly):eek: back with CCCS starting again:(

Comments

  • MrsTinks
    MrsTinks Posts: 15,238 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Name Dropper
    Can I ask why you want to pay a company to do something you can either do yourself or get a free charity to help you with instead? Why would you prolong your debt by handing over part of your money to a company to send a few letters? :confused:
    DFW Nerd #025
    DFW no more! Officially debt free 2017 - now joining the MFW's! :)

    My DFW Diary - blah- mildly funny stuff about my journey
  • jasperconran
    jasperconran Posts: 756 Forumite
    MrsTine wrote: »
    Can I ask why you want to pay a company to do something you can either do yourself or get a free charity to help you with instead? Why would you prolong your debt by handing over part of your money to a company to send a few letters? :confused:

    I thought that, but they have already got my details, ie, bank details n stuff. sending me out a pack. guy did say i have got 14 days to change my mind. best do that then!!!!!!!!!!!!
    LBM: April 2009 - honest debt figure: Secured: £0.00!! (paid back april 2017) unsecured: £53117.48 (roughly):eek: back with CCCS starting again:(
  • MrsTinks
    MrsTinks Posts: 15,238 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Name Dropper
    Good :D Make sure you cancel anything with them in writing and by recorded post :)
    DFW Nerd #025
    DFW no more! Officially debt free 2017 - now joining the MFW's! :)

    My DFW Diary - blah- mildly funny stuff about my journey
  • Deep_In_Debt
    Deep_In_Debt Posts: 8,579 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    Yeah and if you do it yourself or go for a non fee charging company, you will clear your debts more quickly too as all your money will be going to paying your debts and not to a company who are just out to line their pockets. And you tend to find that creditors are more likely to accept the dmp for this reason.
    Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free :)
    Mortgage free since 2014 :)
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