We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
oops payday loan while on dmp - are they going to kick my butt?
mcrfan
Posts: 165 Forumite
Am I going to get a massive telling off from CCCS?
I have unfortunately taken some payday loans with a company while on my dmp (started as an emergency not just to like buy clothes or something!) - I emailed them to ask if I could include it on to my DMP as am struggling to pay it back and they emailed to say I need to call immediately to discuss as I have broken the terms of my DMP. Oops......are they going to refuse to deal with my DMP now or something?? Really worried now. Am going to call tomorrow.
Eek!!! :eek:
If they refuse to deal with my DMP can I go to another company?
I have unfortunately taken some payday loans with a company while on my dmp (started as an emergency not just to like buy clothes or something!) - I emailed them to ask if I could include it on to my DMP as am struggling to pay it back and they emailed to say I need to call immediately to discuss as I have broken the terms of my DMP. Oops......are they going to refuse to deal with my DMP now or something?? Really worried now. Am going to call tomorrow.
Eek!!! :eek:
If they refuse to deal with my DMP can I go to another company?
DMP with Payplan
DMP Support number 287
Trying to lose lbs and save £££s!
0
Comments
-
It is possible CCCS will stop running the DMP. A term of the DMP is not to take out any further credit so you are progressing to being debt free.
If CCCS do stop running your DMP, you can go to another provider like NDL, PayPlan or CAP. DMPs are informal agreements so you can manage it yourself, but given you have taken out payday loans i would not recommend it. Whilst emergencies can happen they should be budgeted for as payday loans will screw you up, whether on a DMP or not. Most issues we get on here are caused or part caused by payday loans.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.8K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 245.9K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards