doing my own DMP need advive

susieanne

I have been doing my own DMP for 2 years now ,i was with CCCS at first but then went on my own i just kepted paying my creditors what CCCS had been paying them .Everything has been going smoothly but the problem im having is my creditors get in touch with me some every 6 months ,tsb every 9 months and they always want me to up my payments by a few pounds which i always do because i just dont want the hassel .I have 5 creditors and they all usually say that they expect me to up my payments just a little everytime theres a review .I wanted to know is this the norm for creditors to do this ? Im to affraid to say no incase i start getting hassel again but in the last 2 years my DMP has already gone up an extra £20 per month and im not getting any increase in my incomings because i dont work .

immoral_angeluk

They will always ask you to increase your payments. If your circumstances haven't changed send them a letter saying as such, backed up with a new financial statement if neccesary.

par exemple..

Dear Sir/Madam,

Re:
Account no:

I have recently conducted a review of my circumstances in line with your 6 month review, and wish to inform you that there have been no significant changes.

Please find enclosed an up to date financial statement. I can confirm you that I have been maintaining the payments under the arrangement that was made 6 months ago and wish to continue with the same level of payments.

I, therefore, ask for the arrangement to be extended for a further period of 6 months after which time I will be able to review my situation again.

Yours faithfully