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How did your own DMP work for you?

thinking of doing my own DMP,maybe through CCCS and getting rid of my current useless debt management company!
How did it work for you,was it a quick process,did creditors accept your offers etc?with CCCS can you update your details manually etc,how does it all work etc?

Comments

  • Deep_In_Debt
    Deep_In_Debt Posts: 8,579 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    I've been on a dmp with CCCS for 3 years now and it's going fine. Was a bit hairy at first with the creditors constantly calling but I've not had a call from a creditor since Oct 2008 which is great. Generally the creditors accepted fairly quickly, some quicker than others, and 3 years on interest is still frozen on all but one debt so I've made some serious headway into clearing my debts.

    You can update your details on their website.

    Good luck!
    Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free :)
    Mortgage free since 2014 :)
  • Tixy
    Tixy Posts: 31,455 Forumite
    For some experiences of people doing their own DMP this thread might be useful Anyone organising their own DMP?
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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