My LBM - DMP In Progress

nonnynonny

pure_dead_dopey wrote: »

Hi Nonny Nonny

Good progress so far, with Tesco particularly. Lloyds did the same to us, they must have a lot of "wrong" account numbers, funny they always manage to send the interest bearing statement to the right number? Halifax accepted ours for 3 months as well, said they would reduce interest to 6% but when I got the most recent statement, it was 0%???? Strange but true which just about sums up most of how the banks work.
Good luck, you must be feeling better now??

Yes i was really pleased with the Tesco letter, as you can imagine!

It is strange with my Halifax card also, because i was on a 0% deal until this months statement, so i imagine their computer systems are on information overload with my account

nonnynonny

Current status of my DMP as follows :

1st Payment to CCCS made on 01/03/10.

Good news from NORTHERN ROCK!!!! :j:j

Tesco Loan 1 Original Payment £176 CCCS - Offer £85
Letter received accepting DMP, for a 'limited' time only, and 'periodic review'. Now managed by the 'Credit Management Department'.

Tesco Loan 2 Balance Original Payment £174 CCCS - Offer £86
Letter received accepting DMP, for a 'limited' time only, and 'periodic review'. Now managed by the 'Credit Management Department'.

Cahoot Flexible Loan Original Payment £82 CCCS - Offer £40
No Correspondence in writing, on my equifax credit report i now have a £0 credit limit, called them and the said they 'accept DMP's whatever the value'.

Northern Rock Personal Loan Original Payment £129 - CCCS Offer £63
Queried Budget, reviewed with CCCS, comments made, CCCS issued comments against budget, Northern Rock Issued letter two weeks later stating 'plan accepted' for a 12 month period and then for review.

Cahoot Overdraft Original Payment N/A - CCCS Offer £24
No Correspondence in writing, on my equifax credit report i now have a £0 credit limit, called them and the said they 'accept DMP's whatever the value'.

Lloyds TSB Overdraft Original Payment N/A - CCCS Offer
Letter to CCCS stating no record of account, yet statement recived with standard charges this month.

Next Directory Account Original Payment £18 - CCCS Offer - £5
Letter accepting DMP, initially got monthly dates wrong, called them, changed dates no problem, plan now in progress.

Halifax Credit Card Original Payment £80 - CCCS Offer £61
Letter accepting DMP for 3 months, 1st payment due in Feb but should be 25th March as per my first CCCS payment, issued a token payment again, stating this, had no correspondence since. (Two weeks ago).

Virgin Credit Card Original Payment £65 - CCCS Offer £51
Accepted DMP, 0% interest and charges, review periodically.

nonnynonny

No change from the above, but my first CCCS payments have hit my accounts (Cahoot i can see anyway).

I have not had one single phone call from any creditors since the first post on this thread, and not one letter for almost 3 weeks, and no negative letters at all.

:j

pure_dead_dopey

good going Nonny nonny, hope it continues, good luck

nonnynonny

Interesting development today.

Equifax alert stating a default has been added to my file, which is fine i dont mind at all, but the company name is a CLUB 24 LTD loan?

The account number ends in 8842, which is the same as my Northern Rock loan, Northern Rock have accepted.

The Northern Rock loan is still on my credit report as 'Arrangement To Pay', yet i have had this alert?

Have they passed it on? Aren't they supposed to tell me?

nonnynonny

Staggering conversation with Halifax yesterday, they showed interest and charges on the last two statements, and applied them, so i wrote a polite letter asking them to free charges and popped it into the post yesterday, however i thought i would just give them a call also and see what i could do.

The chap was genuinely helpfull and friendly, and put me on hold for a minute or two, before coming back and saying that charges would be stopped, interest would be at 1%, and this would be in place for 12 months.

Thats every creditor i have now agreed to freeze interest for the forseeable, and i have not had one crossed letter or one single phone call from any of them since i started the DMP.

Best thing i have ever done.

pure_dead_dopey

well done, we've got almost 100% acceptance as well, just waiting for RBS to terminate us and that's everyone. Just goes to show it can be done. Fingers crossed they don't change their minds anytime soon.

PDDXX

gabriella90

Hey Nonny,

you should come and join us our group on the DF diaries page Pure dead is there as well, we've all started our DMP at roughly the same time.

Good sounding off place - http://forums.moneysavingexpert.com/showthread.html?t=2388003

Thats of you want to of course, goodluck with your DMP

stroppyjock

Hi nonnynonny, didnt want to read and run, I'm across the border so DMP do work here so no advice to give, just saying I'm well impressed by your attitude and diligence. Well done mate and hope you're DMP works out and you are debt free soon.