DMP - just signing up to one

wewillbedebtfree

Hi, sorry to jump on your thread, but i am currently setting up a dmp with cccs, got first lot of papers through yesterday but just waiting for 2 statements from loans to come through before i can send them back.

I am also in the process of setting up a step account with Natwest as i have a loan and overdraft with my bank, i am so stressed over it all but reading advice on here is getting me through.
I am worried about how i transfer my money to new bank due to dds and living in my overdraft i just dont know how it is all going to work out, I have a friend who is with cccs and she tells me its the best thing she has done, im just worried about it all. :eek::eek::eek:

Sorry for jumping on your thread but could identify with you.

lisa x

wewillbedebtfree

Dont know how that angry face got on my page either lol x

lyndsey80

Hi Lisa,
I am going to take all my money out, work out how much I need to keep in for essential DD's. I am in the process of ringing them all and the ones that come out later I have said I will pay over the phone once my card has come through and also in the same phone call set up new DD.
I will draw the money out so it takes it to my OD limit as this has been accounted for in my DMP. Scary as I am worried someone will take it and leave me with nothing for the month!!!
It does sound like SOOOOOO much to do doesn't it. Small steps I am finding helpful. xx

wewillbedebtfree

Thanks Lyndsey, think i will do the same.
It is very scary and just wish i could sleep at night, hopefully when this dmp gets sorted we will feel better.
Im all for taking small steps, i think thats the only way to get through this, its just the not telling friends and family as i feel so ashamed, this is the first time i have spoken openly about it, apart from one friend who recommended cccs in the first place. xx

lyndsey80

I know the feeling!
A question for those who know - when I get paid Tuesday I will need to withdraw over £800 from my account. Feel a bit strange getting that over the counter, like they know what I am doing or something! LOL! Is this the best way to get it all out, or I could go withdraw my maximum amount over x amount of days???

NorthernLas

Can you do an electronic transfer to your new account? It would be easier than carrying cash around.

I know my account has a maximum daily withdrawl rate at the ATM (but I'm not sure if this applies over the counter). Can you phone them and check to save any concern on Tuesday?

lyndsey80

Yeah I could do - good idea! Think it takes a couple of days but I have nothing linked to my main account as A&L credit card got taken over by MBNA a while back for some reason.