Advice on Debt Settlement Programme

missmuffat

Hi to you all,

This is new to me so hope i'am posting in the correct place and sorry i dont know all the short lingo yet.

We have been in touch with moneyexpert.com through an ad on aol and are thinking about entering into a DSP Debt Settlement Programe (SEEMS TO HAVE MANY DIFFERENT NAMES, DMP ALSO)

As this is new to us we are looking for any advice and knowledge that anyone on this plan has. We are in between a debt crisis and just making the minimum payments as well as all our other outgoings. Our debt is for £15,500 (credit cards and ovrdraft).

Have tried to do a remortgage (no good) also a loan but because of bank charges was turned down, this seems like the last option.

Thanks to all hope you can help?????:wave:

Letting them know sometime in the nxt wk told thm i'd like to research all the info.:think:

donz1507

Hi im in one of their debt settlement plans too, been in for 3 months and so far so good, fingers crossed this works but im scared all the same, hope which ever deccision you make works out for you