Depressing numbers....

Oneday77

Teekaylon wrote: »

But i have already sent both my creditors letters telling them they wil be recieivng said £50.00 each a month so do i just welsh on this deal then and pay 15-20 a month instead to both then wiegh up the situation once they have settled on what interest rate they are going to charge? :think:

Are you behind on payments and doing a self managed DMP? If so then don't rock the boat. If not and you were trying to just get lowered interest as you were struggling then possibly. To be honest I think you need your own thread with an SOA and an explanation of what position your in.

Teekaylon

i am one month behind on my repayments yes and have furnished both my creditors with £50.00 each ( thats all i can afford) as opposed to the near 500 ish they want as minimum payments

i did start my own thread on here

https://forums.moneysavingexpert.com/discussion/3191928



but to be honest didnt really get that much response or ideas from people so i just pushed on with my own self managed DMP. So far the boat hasnt been rocked to badly it seems

Thanks for the response and advice