DMP Mutual Support Thread - Part 7

BlushingRose

Well, have just rung the CCCS and spoke to a lovely woman (who was so nice she made me cry!!) and yes, it's basically just the standard 'you're not making your min payments so therefore you've defaulted' letter. She confirmed that really it's nothing to worry about and that if 9when) it goes to a DCA then actually it's easier to deal with.

sickasachip13

mallyash wrote: »

Thanks for that SAAC. My previous line of work taught me to stand up and face the opposition, never back down. Creditors act on the assumption of fear and the knowledge that most people don't realise without CC backing that they have zero authority to demand instant money. They just have cleaver and threatening worded letters, generated by computer. I feel as though to some I might come across as overly unabashed and belligerent, but remember its just money.Most of it was offered to me on a plate with out bothering to check to see if i could afford to pay it back. My Citi card before it was bought by Opus started off with a credit limit of 8k, then during the 'lend money to every one' period before the Northern Rock crash it was increased to 16k and then finally 21k. Each credit increase just simply added to the account with out checks. I was about 50 grand in debt then and was I no position to pay back an additional 21 grand @ 29% APR. Opus in all fairness after taking over the account instantly reduced it to £1900. My balance was only about £1600. Sure its partially my fault for wasting so much money and getting so far into a hole, but the creditors should have taken more care to whom they lend large sums of money too. SO STUFF 'EM.:p

We're of the same mind tbh. We spent the money, I don't mind 'owning' that at all, we ballsed up along the way used the ever-available credit, all was fine until I was made redundant.... Now, I don't mind paying back every bit I spent of their money (let's face it, it was never mine in the first place) but I do object to the availability of massive amounts of credit, the penalty charges, the % charges, the profits, the unscrupulous lenders and, most of all, the immoral and intimidating practices of some of the financial sector. As I see it, we're on a DMP, we're paying back what we owe, at a rate we can afford so they can stick that in their pipes and smoke it :rotfl: it's only money, they can't hang ya for it!

*steps off soapbox*

sickasachip13

Loubylou2, glad to hear everything's going swimmingly. I absolutely agree about trying not to worry about every bump in the road, people can make themselves ill going down that train of thought. No point in worrying about something that may / may not happen, just deal with it when it does - focus on the solution not the problem (wherever possible) seems to make sense.

all the best SAAC

mallyash

sickasachip13 wrote: »

We're of the same mind tbh. We spent the money, I don't mind 'owning' that at all, we ballsed up along the way used the ever-available credit, all was fine until I was made redundant.... Now, I don't mind paying back every bit I spent of their money (let's face it, it was never mine in the first place) but I do object to the availability of massive amounts of credit, the penalty charges, the % charges, the profits, the unscrupulous lenders and, most of all, the immoral and intimidating practices of some of the financial sector. As I see it, we're on a DMP, we're paying back what we owe, at a rate we can afford so they can stick that in their pipes and smoke it :rotfl: it's only money, they can't hang ya for it!

*steps off soapbox*

:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T
Give that man a Cigar.
I totally agree with you my friend, I owe what I owe and are fully prepared to pay it all back. But on my terms;) and with out all the execrable interest. So they best play nice.:p

M_G

Hi All

Just spent near enough a whole 2 days reading through almost every post in this thread, after a call to Payplan I've decided to register on here. My situation is not as bad as some on here & it's good to read the inspirational stories about how others have overcome similar (and worse) issues.

Anyway, I'm not sure if this has come up previously, but does anyone have any idea which creditors are most likely to play ball with Payplan if I enter a DMP? I'm still not 100% sure whether to go it alone or deal with it through Payplan. Any advice there?

I have debts with MBNA (Credit card), Barclaycard (CC again), Lloyds (Overdraft & Credit card), Tesco (Loan - and I feel I should add at this point that I have never experienced such helpful & friendly customer services in my life as I get from Tesco loans, even when I've been in the wrong, and Lloyds treat me like a stinking pile of poo for my 26 years of custom), finally, I've got a silly payday loan from Quickquid too which I'm hoping to be able to pay off over the next 2 months to the detriment of my other creditors.

So does anyone have any experiences to share about any of the above lenders once entering into a DMP? And should I go it alone or use Payplan?

Thanks all for the inspiration.

Michael

PinotGrigio41

mallyash wrote: »

Horray No calls from Opus for 2 weeks now. Looks like my telephone harassment letter has done the trick. Now I'm getting 'to avoid further action to your account please ring this number within 48 hours' letters. God this company is so dumb. My letter stated I would only communicate via written media.:wall::wall:
Crapital one still want pay slips and bank statements. Apparently according to their Indian call centre, if I had gone with an official debt management provider my plan would be in place and all charges frozen. They have had a letter posted today quoting The lending code section 204 to 212 to which they are a subscriber.
RBS want a signature on a little form they have provided , in order to allow them to carry out my instructions?????? (More than likely they need to see what my sig looks like, because they have no original CCA). Which incidentally I will be requesting sooner rather than later if they don't get off the pot and stop fannying about.
Lloyds so far no contact what so ever, just statements telling me I'm in arrears. No Sh*t
All my other creditors, AA (x3) Barclays(x2) and Monument, have been fine and have accepted my offers and frozen all charges and interest.I even recieved nice letters from Barclays.:huh::huh:
So on wards and upwards. Some times I feel as though all this is a cat and mouse game to some creditors, bring it on I say. They don't own you and no one should be scared of any bully boy tactics they try and adopt.

Sounds like you have done well with AA, Barclays etc, dont you wish they were all so accommodating ?!

Hopelessly_Hopeful

M_G wrote: »

Hi All

Just spent near enough a whole 2 days reading through almost every post in this thread, after a call to Payplan I've decided to register on here. My situation is not as bad as some on here & it's good to read the inspirational stories about how others have overcome similar (and worse) issues.

Anyway, I'm not sure if this has come up previously, but does anyone have any idea which creditors are most likely to play ball with Payplan if I enter a DMP? I'm still not 100% sure whether to go it alone or deal with it through Payplan. Any advice there?

I have debts with MBNA (Credit card), Barclaycard (CC again), Lloyds (Overdraft & Credit card), Tesco (Loan - and I feel I should add at this point that I have never experienced such helpful & friendly customer services in my life as I get from Tesco loans, even when I've been in the wrong, and Lloyds treat me like a stinking pile of poo for my 26 years of custom), finally, I've got a silly payday loan from Quickquid too which I'm hoping to be able to pay off over the next 2 months to the detriment of my other creditors.

So does anyone have any experiences to share about any of the above lenders once entering into a DMP? And should I go it alone or use Payplan?

Thanks all for the inspiration.

Michael

Welcome

If you go on a DMP you have to treat them all the same. So best plan may be consider 2 months of tokens, clear quickquid and put the rest to emergency then go DMP. I was a chicken so went with CCCS as I wasn't brave enough to go it alone. Horses for courses.

Good luck.

HHx

PinotGrigio41

BlushingRose wrote: »

Well, have just rung the CCCS and spoke to a lovely woman (who was so nice she made me cry!!) and yes, it's basically just the standard 'you're not making your min payments so therefore you've defaulted' letter. She confirmed that really it's nothing to worry about and that if 9when) it goes to a DCA then actually it's easier to deal with.

Have just read your other thread and posted on there for you.

Hopefully you are feeling a little better after speaking to the CCCS x

Issuma

M_G wrote: »

Hi All

Just spent near enough a whole 2 days reading through almost every post in this thread, after a call to Payplan I've decided to register on here. My situation is not as bad as some on here & it's good to read the inspirational stories about how others have overcome similar (and worse) issues.

Anyway, I'm not sure if this has come up previously, but does anyone have any idea which creditors are most likely to play ball with Payplan if I enter a DMP? I'm still not 100% sure whether to go it alone or deal with it through Payplan. Any advice there?

I have debts with MBNA (Credit card), Barclaycard (CC again), Lloyds (Overdraft & Credit card), Tesco (Loan - and I feel I should add at this point that I have never experienced such helpful & friendly customer services in my life as I get from Tesco loans, even when I've been in the wrong, and Lloyds treat me like a stinking pile of poo for my 26 years of custom), finally, I've got a silly payday loan from Quickquid too which I'm hoping to be able to pay off over the next 2 months to the detriment of my other creditors.

So does anyone have any experiences to share about any of the above lenders once entering into a DMP? And should I go it alone or use Payplan?

Thanks all for the inspiration.

Michael

Hi MG and welcome

Happy New Year to everyone.
As we have large debts I was reluctant to 'go it alone' with my DMP but decided to give it a go knowing I suppose that if it all got too much I could contact either CCCS or Payplan but I do have to say all our creditors - we have 8 have all been fine with us, apart from 2 they have all stopped the interest, yes they have defaulted us but at least I can see my overall debt coming down every month, we're 9 months in now, it was a bumpy ride at the start (which I had been warned about) initially I contacted all our creditors in writing but when they wrote back I 'phoned them to explain our circumstances, I was always polite but remained firm and did not let them try to talk me into paying more than I could afford and eventually they all backed down.

My dealings with both MBNA and Barclaycard have been fine I think a lot depends on yourself, how you approach these people and keeping a positive attitude.......never let anyone bully you once that starts they immediately have the upper hand.

I appreciate many people will have very different opinions and experiences to mine just wanted to share this with you and wish you good luck with whatever decision you make

BlushingRose

PinotGrigio41 wrote: »

Have just read your other thread and posted on there for you.

Hopefully you are feeling a little better after speaking to the CCCS x

Thanks hon - I'm feeling calmer now (for now )