Without a paddle... support for anyone starting a DMP in 2010 (part2)

Gunga-Xmas

jen_br wrote: »

:rotfl::rotfl::rotfl:

Whats so funny? - I am not Niddy!

Hopelessly_Hopeful

Morning folks

Can I be Niddy?

Hope all well.

HHx

mikon

Hi everyone

Quiet today, received Barclaycard Statement today interest still being added at a reduced rate. I know you guys moan about BC, but I look at it at least they have reduced the interest rate and not kept it at the original rate. So at least the debt is coming down 0% would be great but its not to be.

Have a good weekend everyone and enjoy your Bank Holiday.

Mikon

NittyGritty

i guess its diffrent to others, but barclaycard were rather good to me, no intrest charged since dmp started, its coming up to a year now tho so maybe that will change i dont know, but up to now they have been ok for me , anyway hope you all have a good weekend, shame the weather isnt that great tho lol

mikon

NittyGritty wrote: »

i guess its diffrent to others, but barclaycard were rather good to me, no intrest charged since dmp started, its coming up to a year now tho so maybe that will change i dont know, but up to now they have been ok for me , anyway hope you all have a good weekend, shame the weather isnt that great tho lol

NittyGritty

I am sure I read somewhere that once the DMP Monthly payment hits 1% of the overall debt then Barclaycard charge interest. I will stand corrected if anyone can come up with something.

on a separate note weather is great up North.

Mikon

Professor_Pat_Pending

Professor_Pat_Pending wrote: »

I have spent enough time on the dark side to know Niddy when he posts and Debt Regret is that man..........good to see you Niddy, without my aunts inheritance I could easily be a Padawan.

................I rest my case m' lud. :p:p

Hopelessly_Hopeful

tedsd wrote: »

Think I'm more like Noddy than Niddy

:rotfl::rotfl::rotfl:

Can I be your Big ears then Ted?

HHx

the-money-muppets

Hi all,

Been reading through all this "dark side" side and followed you Mikon to take a peek over there. Some sound advise available. Going to give it some serious thought especially if some of our debts prove to be UE then we're prepared to say a "BIG NO" to the predators. On our DMP we could be struggling along for many years. Even if we can get one or two creditors on UE that will significantly improve our situation with paying off those that have played by the rules. Alls fair in love and war so they say.

Anyone-else thinking about it?

The Muppets:beer:

pure_dead_dopey

Hi Money Muppets

Read loads especially on the orange side before you decide, it's not something to be taken lightly and its a lot of hassle but it WILL get rid of some of your debt faster than a long drawn out DMP. its working well for us, around a third of a huge pile admitted to be UE by the creditors, another third is UE, they just can't bring themselves to say it or contact us and around a third which will need to be paid back with nice and tiny f&fs. Ask over on the orange side or PM me either place, happy to help.

Professor_Pat_Pending

the-money-muppets wrote: »

Hi all,

Been reading through all this "dark side" side and followed you Mikon to take a peek over there. Some sound advise available. Going to give it some serious thought especially if some of our debts prove to be UE then we're prepared to say a "BIG NO" to the predators. On our DMP we could be struggling along for many years. Even if we can get one or two creditors on UE that will significantly improve our situation with paying off those that have played by the rules. Alls fair in love and war so they say.

Anyone-else thinking about it?

The Muppets:beer:

Had it not been for getting some unexpected cash at Xmas then several very good F and Fs (25-35%) and all my creditors freezing interest, then yes I think I probably would. I came really close last Autumn as Dopey knows!!
But as she said, it really is not something to be taken lightly, if you are going to go for it you have to stop paying all of them, be strong and I would have thought be very, very organised with good internet connections (you need access to the forum daily I guess?). PP