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DMP Advice Please... Getting a little worried!
Little-pea2010
Posts: 6 Forumite
Hi there,
I am in the process of setting up a DMP through the CCCS. I contacted them last week and have had a plan agreed to help me start to clear some £30k's worth of debt.
Some of this debt is made up of various payday loans, so in the interest of the plan I have cancelled my card, cancelled all direct debits and am in the process of setting up a new, basic, bank account.
The problem I have is the majority of the payday loans are due to be repaid on the 18th (this coming Wednesday) and my pack has only just been sent back. So it looks unlikely that my creditors will be made aware of the plan before these payday loans fall due. In fact I have already defaulted on a Wonga loan, which due to an irregular pay date, fell due yesterday.
What I want to know is how best to deal with these payday loan companies while my DMP is still being put in place and set up. So far I have just had a few emails from Wonga, but I'm sure they will become more persistant in the coming days. And come Wednesday I'm worried that i'll be getting phone calls while at work from all of the others, which could be embarrassing and raise some awkward questions...
So any advice on how to deal with these while my plan gets set up would be greatly appreciated, I have read on some threads about only dealing with them in writing, but I dont want to do anything that will effect my DMP.
Look forward to hearing from you
I am in the process of setting up a DMP through the CCCS. I contacted them last week and have had a plan agreed to help me start to clear some £30k's worth of debt.
Some of this debt is made up of various payday loans, so in the interest of the plan I have cancelled my card, cancelled all direct debits and am in the process of setting up a new, basic, bank account.
The problem I have is the majority of the payday loans are due to be repaid on the 18th (this coming Wednesday) and my pack has only just been sent back. So it looks unlikely that my creditors will be made aware of the plan before these payday loans fall due. In fact I have already defaulted on a Wonga loan, which due to an irregular pay date, fell due yesterday.
What I want to know is how best to deal with these payday loan companies while my DMP is still being put in place and set up. So far I have just had a few emails from Wonga, but I'm sure they will become more persistant in the coming days. And come Wednesday I'm worried that i'll be getting phone calls while at work from all of the others, which could be embarrassing and raise some awkward questions...
So any advice on how to deal with these while my plan gets set up would be greatly appreciated, I have read on some threads about only dealing with them in writing, but I dont want to do anything that will effect my DMP.
Look forward to hearing from you
0
Comments
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Hi
I'm not really sure how things work with these payday loan companies.
I know as I was setting my agreements and when I stopped paying I did get a huge amount of letters and calls but I just ignored until I was ready.
Hopefully someone will be along to give you some advice or if not I would maybe speak to someone at CCCS and see if they can offer any advice.
Good luck
O if they call you at work and you have taken the call - just say I am not allowed personal calls at work and put the phone down (there is a letter somewhere around that you can send asking them only to communicate by post)
LLThe worst cliques are those which consist of one man ~ George Bernard Shaw
Holiday Saving fund 2010 = £25.00
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