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MervC
Posts: 11 Forumite
After almost 4 years in a DMP with Payplan which started with 8 creditors, I am down to 2 creditors (neither of which were defaulted), I have just exited the DMP... Woo-hoo! 
With monthly commitments of £1,700 to creditors in the DMP, my contractual payments are less £300 per month to the 2 remaining creditors but I have set up standing orders of £800 so that they will both be paid of in 6 months.
Strangely enough, when contacting these 2 remaining creditors to advise of them of the situation I was asked if I wanted the credit cards reinstated. Errr, no thanks! LOL
It's nice to be in control again and see light at the end of the tunnel. This all came about as a result of the unexpected and uninsured death of my partner so it was a tough time but this site, full of advice and stories of how others coped, helped tremendously...
Thank you and I hope everybody comes out relatively unscathed too. :j
With monthly commitments of £1,700 to creditors in the DMP, my contractual payments are less £300 per month to the 2 remaining creditors but I have set up standing orders of £800 so that they will both be paid of in 6 months.
Strangely enough, when contacting these 2 remaining creditors to advise of them of the situation I was asked if I wanted the credit cards reinstated. Errr, no thanks! LOL
It's nice to be in control again and see light at the end of the tunnel. This all came about as a result of the unexpected and uninsured death of my partner so it was a tough time but this site, full of advice and stories of how others coped, helped tremendously...
Thank you and I hope everybody comes out relatively unscathed too. :j
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Comments
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Well done you, must be a great feeling! I did laugh that they offered you the credit cards again, not really supportive in keeping you out of debt!Aiming to be debt & mortgage free by November 2018!0
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Well done - seems you will be debt free very soon.
It also made me laugh that they asked if you wanted the cards to be re-instated!
Enjot the new found freedom 0 -
Well done - seems you will be debt free very soon.
It also made me laugh that they asked if you wanted the cards to be re-instated!
Enjot the new found freedom
Thanks Domino9.
Yes, I suppose they think that I am good for earning them more interest now but they have earned enough off me! 0 -
Well done :TTry to be a rainbow in someone's cloud.0
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Brilliant, well done to you :T:T0
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Thank you CH27 and nsimpson123 :j0
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Strangely enough, when contacting these 2 remaining creditors to advise of them of the situation I was asked if I wanted the credit cards reinstated. Errr, no thanks! LOL
Hmmm, after 5 years in a DMP, I had to ring capital one for a refund because i'd over paid them and they asked me the same question, "would you like your credit card reinstating". I am not able to repeat on here what my response was
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Well done for seeing it through, but even better news that you turned their selfish money making offer down!0
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Well done you. Well done too for not taking up the credit cards .0
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