DMP Mutual Support Thread - Part 7

fermi

I think the link was meant to be this?

https://forums.moneysavingexpert.com/discussion/comment/44293002#Comment_44293002

Welcome.

**confuzzled**

Twit_Head wrote: »

But a thought for the future - the bigger they are the more they cost
Resist entering into the expensive birthdays parties, designer clothes, latest phone type of lifestyle.
Teach your child now and it will last a lifetime - you don't don't need the consumer trappings to live well, just the things that really count.

'Twitty'

Thanks for that and I totally agree:) That was the way I was brought up..unfortunately I was too stubborn to take the advice offered hence the debt:o But we will teach DD the value of money as she grows up and cross our fingers she hasn't inherited my stubborn streak....coincidentally I've already got her 1st birthday present, a charm bracelet that I'm going to add to for every special event in her life...excellent quality and less than I would spend on a pile of toys:T

Have a good day all x

MoneysTooTightToMention

Morning all...my postbox has been pretty busy with letters from Preditors basically accepting the DMP etc and all have defaulted me which doesnt worry me..however my personal bank account has rejected the DMP and has instigated court action against me for recovery of the full amount Im overdrawn and have closed my account...any advice as to where I go from here?

xgingerx

Well, Ive been on a dmp for a few years now and yes my debt has come down by about 8k, but there is still about 21k to go, I was paying £350 month but as the cost of living petrol etc has gone up when I had my review I can really only afford £200, this means my DF Date has gone out to approx 9 years to complete, just fed up as I was only looking at 60 months before which was something i could live with, oh well official winge over

Take care all !

ianmak

xgingerx wrote: »

Well, Ive been on a dmp for a few years now and yes my debt has come down by about 8k, but there is still about 21k to go, I was paying £350 month but as the cost of living petrol etc has gone up when I had my review I can really only afford £200, this means my DF Date has gone out to approx 9 years to complete, just fed up as I was only looking at 60 months before which was something i could live with, oh well official winge over

Take care all !

When I think like that I just remember the alternative, which was to pay minimum payments for the rest of my life. At least we can all see an end to it, however far ahead.

I also think of other people in debt, who still have their head in the sand. A guy on the train the other day and was routing through his wallet. He must have pulled out around 7 or 8 credit cards.

Now, he's either in too much debt, does lots of balance transfers and is coping, or is a pickpocket!

bertie1606

Thanks Twitty. I received a letter this morning asking me to send stuff to cccs, which I have done already. BUT I have had Barclays on the phone asking me when we are going to pay back our overdraft, and how much my husbands wages are, and getting really snotty because I said it varies month to month and I didnt know. They turned around and said, 'well he got £6000 in Jan, is that about average?' I said no, that was a one off, and unlikely to happen again! And most of it went to them anyway! I'm just hoping they don't make a big thing of his wages as they are up and down, and he has had some good wages in the past, but not anymore. tHE 6000 was nearly triple what he normally gets.:(

bertie1606

MoneysTooTightToMention wrote: »

Morning all...my postbox has been pretty busy with letters from Preditors basically accepting the DMP etc and all have defaulted me which doesnt worry me..however my personal bank account has rejected the DMP and has instigated court action against me for recovery of the full amount Im overdrawn and have closed my account...any advice as to where I go from here?

This is what I'm worried about, sorry dont have any advice. Out of interest who is your personal account with, if you don't mind saying?:)

xgingerx

ianmak wrote: »

A guy on the train the other day and was routing through his wallet. He must have pulled out around 7 or 8 credit cards.

Now, he's either in too much debt, does lots of balance transfers and is coping, or is a pickpocket!

lol like your thinking, pickpocket :rotfl::rotfl::rotfl:

MoneysTooTightToMention

Ginger..as Ianmak says.the alternative is sleepless nights worrying about making the minimum payments.8k is a lot to have paid off..well done!

MoneysTooTightToMention

bertie1606 wrote: »

This is what I'm worried about, sorry dont have any advice. Out of interest who is your personal account with, if you don't mind saying?:)

Hi Bertie..my account is with LLoyds TSB..they have refused the offer of payment saying its too little..the alternative I guess is to do my own DMP with them.:cool: