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Sorry, another DMP question...

If I take on a DMP, am I looking at years and years at paying my debts off? I owe £25K!

I think my situation will be alot better say in 6 months. If thats the case and I'm on a DMP can I up my payments etc?

Oh so many questions.................sorry!

L
x
Debt 28/12/06 £26,467
£20 grocery challenge per week
Savings £400
£2 coins - £8.00
DMP £357 pcm (CCCs) commenced 1/10/06
DFD :think:
proud to be dealing with my debts

Comments

  • Wonder_Girl
    Wonder_Girl Posts: 999 Forumite
    The amount of time to repay your debts is based on the monthly deposit you pay, obviously is you can increase your deposit it will shorten the time to repay, you can asses your DMP deposit anytime anything changes. :)

    You can just carry on posting in the threads you already started btw instead of starting a new one every time, we will still answer ;)

    Wg xx
    All comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.

    DFW Nerd #132
  • LittleL_4
    LittleL_4 Posts: 714 Forumite
    Thanks wg, I feel like you're my counsellor.... :A

    Oh and yes ok, how thick am I? :rotfl:

    L
    x
    Debt 28/12/06 £26,467
    £20 grocery challenge per week
    Savings £400
    £2 coins - £8.00
    DMP £357 pcm (CCCs) commenced 1/10/06
    DFD :think:
    proud to be dealing with my debts
  • Wonder_Girl
    Wonder_Girl Posts: 999 Forumite
    I am a counsellor ;)

    No probs hun :)
    All comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.

    DFW Nerd #132
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