DMP Creditor letter

3431Anna

I am in a DMP with payplan and today I have received a leter from Next they are included in my plan but they have sent me a new credit agreement to sign and also say i need to siign the bottom of the letter to say that I accept their terms and conditions I've been in my plan for 12 months and haven't had this before, does anyone know if this is what usually happens :eek:

fermi

You DO NOT under any circumstances sign that "agreement".

Next have been doing this as previously Next had not been getting people to sign binding credit agreements, or they have lost the ones they did have.

Which in the cases where DMPs fail, or Next want to go to court, without that agreement they have been "stuffed" in quite a few cases.

fermi

Another example ---> Strange reply from Next asking for signed credit agreement on existing account (DMP)

I would stress, that there is no need for you to sign anything Next send you, especially any agreement.

Refuse to do so. In fact probably best to just ignore such requests.

Culex

See https://forums.moneysavingexpert.com/discussion/3160840

Next are trying to get you to pay more and/or break the DMP.

Send a copy to PayPlan (retain the original, unsigned) as they may not have been supposed to deal with you directly; I seem to recall that direct contact with a debtor on a DMP is contrary to OFT guidance.

fermi

Culex wrote: »

I seem to recall that direct contact with a debtor on a DMP is contrary to OFT guidance.

It is.

Seems to be routinely ignored though, with little or no comeback.:(