Has anyone left a DMP with CCCS or payplan and resumed their regular payments?

Rachman_2

james23_uk wrote:

Woa! Why start making repayments? Surely the best thing to do is continue making the DMP payments and keep interest and charges stopped. While you're doing this you can stockpile lots of lovely cash ready to make full and final offers when the time is right.

Woa! Why pay your debts when you don't have to.

I appreciate all circumstances are different, but the OP spent the money and agreed to incur the interest if they did not repay it - surely the 'right' thing to do is pay off in full what you owe.

The debt management is all well and good, but this sort of treating it as an escape route and an easy out does leave more than a slight distaste in the mouth. Imagine your employer saying, we won't pay them their wages, we'll pay them half of it because we don't have the money. You may understand that and may even think long term it's for the best - but when they do have the money, don't you expect your wages and arrears ?

Or is it big greedy banks that are to blame for the debts ?

I know some people won't like this post, but is there not a sense of success and self-congratulation is paying them off when you can, rather than relying on a DMP - that way is your head not held higher ?

Broken_hearted

No they are getting their money back just not all that over inflated interest.

james32_uk

Rachman wrote:

Woa! Why pay your debts when you don't have to.

I appreciate all circumstances are different, but the OP spent the money and agreed to incur the interest if they did not repay it - surely the 'right' thing to do is pay off in full what you owe.

The debt management is all well and good, but this sort of treating it as an escape route and an easy out does leave more than a slight distaste in the mouth. Imagine your employer saying, we won't pay them their wages, we'll pay them half of it because we don't have the money. You may understand that and may even think long term it's for the best - but when they do have the money, don't you expect your wages and arrears ?

Or is it big greedy banks that are to blame for the debts ?

I know some people won't like this post, but is there not a sense of success and self-congratulation is paying them off when you can, rather than relying on a DMP - that way is your head not held higher ?

Dog eat Dog mate. I've given up on all the niceities, charitable giving, environmentally friendlyness etc etc. The world stinks and I'm out to make the best of what I can out of it.

james32_uk

james23_uk wrote:

Dog eat Dog mate. I've given up on all the niceities, charitable giving, environmentally friendlyness etc etc. The world stinks and I'm out to make the best of what I can out of it.

On reflection that sounded harsher than it should have done. What I mean is that after years of always being worried about what others think + feel and suffering from it, I've learnt to look after number one first.

Brassicks

When i started with CCCS they did want to see a recent payslip which i gave them.As i do work a lot of overtime,i actualy had no idea what my basic take home pay would be,as payslip has overtime on it,i made out that after tax and NI i woulld take home approx 1100.