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New Job & DCA's
bikerboi87
Posts: 87 Forumite
Hi
I start a new job tomorrow (after 18 months unemployed, 9 months of it down to illness), YAYYY!!!!
It's only a 6 month temporary job tho, and I'm hesitant to let my debt collectors know, as I might not be able to get a job straight out of this one (I can hope but it's better to prepare for the worst)
What would people reccomend - not tell them, save the money and offer full and finals? Tell them and hope they'll reduce the payments if I can't get another job?
I start a new job tomorrow (after 18 months unemployed, 9 months of it down to illness), YAYYY!!!!
It's only a 6 month temporary job tho, and I'm hesitant to let my debt collectors know, as I might not be able to get a job straight out of this one (I can hope but it's better to prepare for the worst)
What would people reccomend - not tell them, save the money and offer full and finals? Tell them and hope they'll reduce the payments if I can't get another job?
Left to Pay/Originally Owed
MCS (HSBC) £735.48/£1645.48 - Robinson Way (HFC) £1194.83/£1586.83 - Capquest (CitiCard) £0/£1609.18 - Moorcroft (O2) £0/£326.62 - Magistrates Courts £0/£415
MCS (HSBC) £735.48/£1645.48 - Robinson Way (HFC) £1194.83/£1586.83 - Capquest (CitiCard) £0/£1609.18 - Moorcroft (O2) £0/£326.62 - Magistrates Courts £0/£415
0
Comments
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Is it temp or temp to perm?
I'd also be hesitant to letting them know: it depends on how quickly you want to be out of debt.
Are they all with DCA's?Proud to be dealing with my debt:eek:
TOTAL: £6,437 (04/01/2013) slowly but surely it is decreasing:D0 -
Good luck in the new job!
Sit on the money - save it - the first month or 2 in a new job usually brings some extra expenditure. As 3 of your creditors are for similar amounts, when you have enough for 1 F&F, I would be tempted to offer an F&F to the lowest bidder. Has anyone ever tried this?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
DVardysShadow wrote: »Good luck in the new job!
Sit on the money - save it - the first month or 2 in a new job usually brings some extra expenditure. As 3 of your creditors are for similar amounts, when you have enough for 1 F&F, I would be tempted to offer an F&F to the lowest bidder. Has anyone ever tried this?
100% agree on this.
Sit on the money and offer F&F to lowest bidder.Starting debt: 3399.39 / Debt now: 2975.39VSP Challenge 2012: £39.58/£100 Crazy Clothes Challenge 2012: £3.00/£150
£2 savers club #20: £302012 earnings: £67.50Long Haul DFW Supporter #2040 -
Is it temp or temp to perm?
I'd also be hesitant to letting them know: it depends on how quickly you want to be out of debt.
Are they all with DCA's?
there is a chance it could become permanent, but for all current intent and purposes, it's temporary
as for how quickly i want to be debt free, i'm in it for the long hall either way so.... (for example, petrol costs are going to be £140 a month, and there are no other options. the train and bus journey's are about £4 a day more.....)Left to Pay/Originally Owed
MCS (HSBC) £735.48/£1645.48 - Robinson Way (HFC) £1194.83/£1586.83 - Capquest (CitiCard) £0/£1609.18 - Moorcroft (O2) £0/£326.62 - Magistrates Courts £0/£4150
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