DMP Mutual Support Thread - Part 7

effect56

Hi Guys I just thought I would let you all know I have read every post on this forum and I have just rec the info from cccs. You guys are great, I know it is a long road but I have started and I am not looking back. Heres to the next 7 years and 6 months. Cheers guys you have helped when I thought my world had fallen to apart:j

Hopelessly_Hopeful

effect56 wrote: »

Hi Guys I just thought I would let you all know I have read every post on this forum and I have just rec the info from cccs. You guys are great, I know it is a long road but I have started and I am not looking back. Heres to the next 7 years and 6 months. Cheers guys you have helped when I thought my world had fallen to apart:j

Welcome

Here's to a smooth start up for you

HHx

ianmak

GibbsRule_No3 wrote: »

I have a question about people paying creditors above or near minimum monthly payments and thus not getting interest stopped. I am with Payplan and they pay mine pro-rata. Thus my smallest creditor only gets £3.33 a month for the same length of years as my biggest debt. Do CCCS calculate and pay people a different way? So I was curious about CCCS and why if paying near a minimum payment kick starts interest, pro-rata is not the answer for debts? Barclaycard have not stopped my interest but that just seems to be there quirk as my payment to them is not near the minimum I should be paying per month.

CCCS do calculate payments in a different way to PayPlan. PP are purely on the amount owed. CCCS calculate according to the contractual payment (minimum I believe).

Hope that makes sense!

secretshopper75

effect56 wrote: »

Hi Guys I just thought I would let you all know I have read every post on this forum and I have just rec the info from cccs. You guys are great, I know it is a long road but I have started and I am not looking back. Heres to the next 7 years and 6 months. Cheers guys you have helped when I thought my world had fallen to apart:j

Welcome and good luck

GibbsRule_No3

ianmak wrote: »

CCCS do calculate payments in a different way to PayPlan. PP are purely on the amount owed. CCCS calculate according to the contractual payment (minimum I believe).

Hope that makes sense!

Thanks for that info ianmak. It is always useful to have info like that for letting newbies, maybe decide who to use when they have their LBMs.

effect56

hi guys me again with a question I have just noticed 2 of my debts are in my maiden name can these be added to my dmp should I change my name just now. One of them I have already sent a token payment to. what shall I do

inamess_man

Hi all been a while just an update

everything is going ok with no contact from any however had a contact from m + s a few weeks ago saying my temporary arrangement has ended.

Wrote back saying i would continue with agreed payments received further reply today

"We need to have a discussion with you prior to acting on the contents of your letter and ask that you telephone this office

I must advise you however that we are unable to enter into any further correspondence regarding the exact contents of your letter and you must telephone us"

This is a bit bully boy to me and so far i have dealt with everything via letter only with all creditors, bit loathe to phone them any ideas for a reply that will help here

thanks all and hope all are well

and to anyboyd starting up there own dmp feel free to pm me for some advise if required (ill try my best learnt a bit more now)

debtfree2010

Inamess, you could send them a letter again reiterating that you will only corrospond through letter and continue to make the payments.

I was originally only going to communicate via letter, but i have decided to take the bull by the horns and i have given them my mobile number and stated I will only answer the phone after 4pm weekdays.

But if / when there is anything in particular said on the phone, i will ask them to back it up in writing.

maganan

hi all,

very happy today! Have had a letter today from HFC/beneficial finance saying they are stopping interest for 12 months and accepting a reduced payment of £188 CCCS are sending them £188.38. This is the first acceptance letter I've had and just what I needed after a rough shift at work:)

Hope everyones doing ok x

Superbiatch

As of today I've received 4 defaults, out of my 5 creditors - think I'm only waiting on Halifax overdraft one. Now I've just go to find a way of making an extra 21k over the next 6 years to solve all my problems