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DMP Mortgage Unsecured Loan Advice
VictoryV
Posts: 2 Newbie
I am just after some advice.
I am going with a debt management plan through CCCS, just waiting on my new bank account details with HSBC to come through, but am just unsure on one point.
I have a Northern Rock Together mortgage which includes £19,000 unsecured loan element. I had to get my dad's name on the mortgage as I wouldn't get accepted on my own, but I pay every month. CCCS have said that I have to add this loan into the DMP, but Northern Rock may go after my father as he is on the agreement. I can manage to pay this amount monthly to maintain my mortgage/loan but CCCS have said that I cannot prefer one lender to another. They have advised that my father could call up each month and pay the difference between the DMP payment and the expected payment. I am keen though for my parents not to know about the DMP though.
Any advice would be greatly appreciated!
I am going with a debt management plan through CCCS, just waiting on my new bank account details with HSBC to come through, but am just unsure on one point.
I have a Northern Rock Together mortgage which includes £19,000 unsecured loan element. I had to get my dad's name on the mortgage as I wouldn't get accepted on my own, but I pay every month. CCCS have said that I have to add this loan into the DMP, but Northern Rock may go after my father as he is on the agreement. I can manage to pay this amount monthly to maintain my mortgage/loan but CCCS have said that I cannot prefer one lender to another. They have advised that my father could call up each month and pay the difference between the DMP payment and the expected payment. I am keen though for my parents not to know about the DMP though.
Any advice would be greatly appreciated!
0
Comments
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Can you not just ring up yourself every month and pay the difference? Or get a male friend to ring up?0
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