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DMP Mutual Support Thread - Part 7

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Comments

  • maganan wrote: »
    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

    Glad to hear that things are going well, nice to get a letter which brings good news isn't it.
  • sarahowen
    sarahowen Posts: 122 Forumite
    Hi, everyone. Just checking in. Hope you're all doing OK and I couldn't agree more about the costs of petrol and food at the moment. My budgeted amount doesn't seem to go far.

    Can I get a DMP number for the board, please?
  • ianmak
    ianmak Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Two numbers for noobies.

    fairsats 417
    sarahowen 418

    Same applies to all newcomers, please don't be shy and join in! Thoughts, experiences, questions, twittyisms.... all are welcome!
    DMP mutual support thread No: 243
  • Squirrel29
    Squirrel29 Posts: 646 Forumite
    Hi all. I have made two payments to Payplan DMP. Due to make a third next week. Had a few defaults but know it's par for the course. I checked Justabank today and M&S have accepted plan. However MBNA have rejected it. I owe approx £350 to them, my total debt is £19800. They are the smallest amount out of 6 creditors. What next? Just carry on paying and hope they come around eventually?
    Second and final LBM 01/01/11 Nearly got there but fell of wagon. HAVE to do it this time :mad:
  • Squirrel29 wrote: »
    Hi all. I have made two payments to Payplan DMP. Due to make a third next week. Had a few defaults but know it's par for the course. I checked Justabank today and M&S have accepted plan. However MBNA have rejected it. I owe approx £350 to them, my total debt is £19800. They are the smallest amount out of 6 creditors. What next? Just carry on paying and hope they come around eventually?

    Squirrel, even if they reject it, carry on paying as you'll soon see they are happy to take your money.
  • joanne2008
    joanne2008 Posts: 102 Forumite
    I have been on a DMP plan for 3 months, my previous bank who i owe £3000 on an overdraft keep charging me interest, I pay £65 a month and they charge me £70 interest charges each month that then takes me over my overdraft limit and i get charged a further £20 arrrggggg.
    I have tried writing to them but they ignore my letters how can i get tough ?
    CCCS DMP paperwork sent 30/11/10
    1st payment starts 10th January :T
    Total unsecured debt 12500 _pale_
    hopefully paid off in 5 years :)

    37 weeks pregnant :j
  • joanne2008 wrote: »
    I have been on a DMP plan for 3 months, my previous bank who i owe £3000 on an overdraft keep charging me interest, I pay £65 a month and they charge me £70 interest charges each month that then takes me over my overdraft limit and i get charged a further £20 arrrggggg.
    I have tried writing to them but they ignore my letters how can i get tough ?

    I'm in the same position - £2k overdraft, I pay £11 a month on my DMP to it then they charge me £45 for being over my overdraft which is a direct result of their charges :mad:
    LBM: 22.12.2010 :j Self-managed DMP start 29.1.2011
    DMP Mutual Support Thread No: 413
  • mummum2
    mummum2 Posts: 617 Forumite
    Part of the Furniture Combo Breaker
    With regards to Apax taking over my Lloyds overdraft, which stands at (£2,967.45) as per previous post and got no replies by the way! :D Not hating!!:rotfl:

    Anyhoo! had to send them my income and expenditure, posted 4th/03, though I would end up getting lots of hassle (self managing my DMP, since May of last year! BEEN ON DMP SINCE SEPT '07).

    Arrived home last evening and a letter was waiting basically saying that they accept my payment (same as I was paying to Lloyds (£56.11, so don't understand why Lloyds sold it on, but maybe this will be a blessing!). Had to ring them up because their method of payments were outlined as D/D, credit cards, (being on MSE know that to pay them this way is wrong, i.e. taking more than they should etc) the gentleman I spoke to was very nice and changed by payment date to suit me (they wanted payment before pay day for me), also gave me their account and sort code to set up a Standing Order.

    Just want to say, all the thoughts rolling around in my head, i.e. they will be difficult, will question items on I&E etc, didn't come near! so upwards and forwards. I now can only wish that Lloyds move my credit card debt over to them as still after almost 4 years of paying back this credit card debt still nowhere near paying off as they just keep adding interest, upon interest. I'm paying £98 per month and only £30 odd comes off the actual amount the rest is interest :mad:. No amount of letter writing seems to work!!!!!

    All other creditors are on board and have been great thus far! hoping for the duration acceptance of my payments. Looking forward to finishing Norther Rock loan next April (biggest, payment out £251), thereon after paying more to all others after that month. If, God willing I can keep chipping like this, will be debt free in late 2013 from an original debt of £64K in 2007, I think not badly done.

    So, those starting, keep up the good fight, sometime we are more scared of our thoughts than what is actual...those in middle, also those looking nearer the finish of the looooooooooongggggg! tunnel like me, WE CAN AND WILL get to the other side. Good luck and take care all!

    MM2
    Long Hauler No: 51
    DMP Mutal Support Thread No: 207
    Proud to be dealing with my debts
    DFD - June '13, aiming for December '12
  • ianmak
    ianmak Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    joanne2008 wrote: »
    I have been on a DMP plan for 3 months, my previous bank who i owe £3000 on an overdraft keep charging me interest, I pay £65 a month and they charge me £70 interest charges each month that then takes me over my overdraft limit and i get charged a further £20 arrrggggg.
    I have tried writing to them but they ignore my letters how can i get tough ?

    You could try ringing them(!) but it took around 6 months of them adding charges and interest to my OD for them to finally accept and sell the debt onto a DCA.
    DMP mutual support thread No: 243
  • Twit_Head
    Twit_Head Posts: 706 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 15 March 2011 at 5:57PM
    effect56 wrote: »
    Hi Guys I just thought I would let you all know I have read every post on this forum

    We'll test you on it later then! :D
    Welcome to the club.

    'Twitty'
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