Anybody know anything about Myvester?

sandralovescats

lynzpower wrote:

Could you back this up with FACT

Every IVA practitioner charges, thats the way of the world, but I understood that CCCS and Payplan are both free to customers and every penny of the money given to DMPs go to creditors.

Id like to see proof please, if you can muster it.

Do they? Since when?

Payplan and CCCS both charge for an IVA.

Phone them, ask for yourself! Then you will find out the truth of the matter.

They are both highly criticised POST DMP and, more particularly, IVA


Weller needs personal advice tailored to HIS circumstances. The only way that can be acquired is by talking to the professionals. Since P and C have both abandoned him, what else would you suggest?

thefoolonthehill

that is the point entirely sandra, the op doesnt want an iva, they want a dmp. they should not have to pay for this.

i think you are getting confused with an iva and a dmp which are two different things

lynzpower

Love the way you just edited that sandralovescats to prove that you had got it wrong, yet again.

CCCS and Payplan DONT charge for DMPS

Just confirmed this over the phone with them

I am currently on the phone now to find out if, there are in fact any IVA practitioners who DO NOT charge practitioner fees. If there are then the DFW community should know, so It is useful knowledge for all of us.

Nicky_3

sandralovescats - perhaps you should think of the repurcussions of what you are saying on this board - to say that Payplan and CCCS charge fees and dump people as soon as things go wrong are libelous.

Money Saving Expert are responsible for what content the supply on this board, and it will be them who faces the consequences of what you say.

You seem to have something against PP and CCCS and favour MyVesta??? Agenda comes to mind, sure your not on commission?

You are misleading/misguiding people who are seeking genuine advice for their debt problems. I think they can do without your bad mouthing of other companies who offer good advice and help to solve their debt problems.

As far as IVAs and fees - everyone has to pay fees for IVAs, Insolvency Practitioners come at a cost - The difference with Payplan, and perhaps CCCS (unsure) they don't charge upfront fees, which means if the IVA fails, then nothing is lost, this is beneficial as it offers credibility that the company/companies are not out to shove anyone into an IVA.

PP & CCCS DO NOT charge fees for DMPs, nor do they ask for a donation, because they understand the logic in knowing that if someone can't afford to pay their debts, they certainly can't afford to pay a donation.

Nicky_3

sandralovescats - perhaps you should think of the repurcussions of what you are saying on this board - to say that Payplan and CCCS charge fees and dump people as soon as things go wrong are libelous.

Money Saving Expert are responsible for what content the supply on this board, and it will be them who faces the consequences of what you say.

You seem to have something against PP and CCCS and favour MyVesta??? Agenda comes to mind, sure your not on commission?

You are misleading/misguiding people who are seeking genuine advice for their debt problems. I think they can do without your bad mouthing of other companies who offer good advice and help to solve their debt problems.

As far as IVAs and fees - everyone has to pay fees for IVAs, Insolvency Practitioners come at a cost - The difference with Payplan, and perhaps CCCS (unsure) they don't charge upfront fees, which means if the IVA fails, then nothing is lost, this is beneficial as it offers credibility that the company/companies are not out to shove anyone into an IVA.

PP & CCCS DO NOT charge fees for DMPs, nor do they ask for a donation, because they understand the logic in knowing that if someone can't afford to pay their debts, they certainly can't afford to pay a donation.

moonlightpjs

I'm sorry for starting this thread - I didn't want to be the cause of any disagreements. As I stated before I just wanted a DMP and not an IVA and as I cannot use CCCS or Payplan then I was just asking about MyVestor as I had seen it mentioned on a previous thread and just wanted peoples opinion - either good or bad. I hadn't heard of them before so just wondered about other DFW's experience, if any, with MyVestor.

Please everybody, accept my apologies - I appreciate all advice and didn't mean to cause problems.

By the way, I'm a "she" - just Weller crazy!!!

Nicky_3

You have nothing to apologise for weller, it didn't come from you

I would be interested to know who the company is that you were informed couldn't be dealt with tho, as this doesn't sound right to me at all.

Could you either say here or PM me if you don't mind?

Richard_S

Nicky wrote:

sandralovescats - perhaps you should think of the repurcussions of what you are saying on this board - to say that Payplan and CCCS charge fees and dump people as soon as things go wrong are libelous.

Money Saving Expert are responsible for what content the supply on this board, and it will be them who faces the consequences of what you say.

You seem to have something against PP and CCCS and favour MyVesta??? Agenda comes to mind, sure your not on commission?

You are misleading/misguiding people who are seeking genuine advice for their debt problems. I think they can do without your bad mouthing of other companies who offer good advice and help to solve their debt problems.

As far as IVAs and fees - everyone has to pay fees for IVAs, Insolvency Practitioners come at a cost - The difference with Payplan, and perhaps CCCS (unsure) they don't charge upfront fees, which means if the IVA fails, then nothing is lost, this is beneficial as it offers credibility that the company/companies are not out to shove anyone into an IVA.

PP & CCCS DO NOT charge fees for DMPs, nor do they ask for a donation, because they understand the logic in knowing that if someone can't afford to pay their debts, they certainly can't afford to pay a donation.

Nicky,

I'll second that, some of the things Sandra is saying about CCCS & PayPlan ARE JUST NOT TRUE.

Facts and anecdotes are good and helpful
Personal prejudice and bias are not

Lisa,

You have no need to apologise, yr thread has helped to highlight some serious misconceptions presented as fact.

Richard

moonlightpjs

No I dont mind at all - it was Moorcroft Debt Recovery - I have spoken to Payplan on numerous occassions in desperate need but they have always stated that Moorcroft will not deal with Payplan - I think I didn't word the opening thread correctly - and as we have three debts that are now with Moorcroft we are stuck as stated in the opening thread.

I just feel unable to do a self admin DMp at the moment as I am clinicly depressed and have only just got around to sorting the debts out myself. Before I found this site I was sucicidal.

Stupidly, we didn't declare an OD to the CCCS as my husband was in hospital for over a year and we had to reply on the OD to live and therefore when he went back to work I contacted CCCS to add the OD to the plan and they refused and cancelled our plan. (This has all been mentioned in a previous thread and I got loads of stick from one poster in partucular) I have called them today to ask them to reconsider but they still refuse hence the need for another DMC.

I had contacted GP but after reading threads on this site decided that it wasn't right and then heard about MYvestor. I have contacted them and they have stipulated that there are no fees involved and no obligation to "donate" - they would still do a DMP for us. Just that donations do help and i would rather donate a couple of pounds than pay a fee charging DMC like GP and have the peace of mind that a DMP plan would bring but things seem to have got out of hand on this thread and I'm no wiser than I was before so please accept my apologies - my opening thread was just asking if anybody had heard of MyVestor and had any experience with them.

Richard_S

weller711 wrote:

No I dont mind at all - it was Moorcroft Debt Recovery - I have spoken to Payplan on numerous occassions in desperate need but they have always stated that Moorcroft will not deal with Payplan - I think I didn't word the opening thread correctly - and as we have three debts that are now with Moorcroft we are stuck as stated in the opening thread.

I just feel unable to do a self admin DMp at the moment as I am clinicly depressed and have only just got around to sorting the debts out myself. Before I found this site I was sucicidal.

Stupidly, we didn't declare an OD to the CCCS as my husband was in hospital for over a year and we had to reply on the OD to live and therefore when he went back to work I contacted CCCS to add the OD to the plan and they refused and cancelled our plan. (This has all been mentioned in a previous thread and I got loads of stick from one poster in partucular) I have called them today to ask them to reconsider but they still refuse hence the need for another DMC.

I had contacted GP but after reading threads on this site decided that it wasn't right and then heard about MYvestor. I have contacted them and they have stipulated that there are no fees involved and no obligation to "donate" - they would still do a DMP for us. Just that donations do help and i would rather donate a couple of pounds than pay a fee charging DMC like GP and have the peace of mind that a DMP plan would bring but things seem to have got out of hand on this thread and I'm no wiser than I was before so please accept my apologies - my opening thread was just asking if anybody had heard of MyVestor and had any experience with them.

Weller,

Can I summarise:

In an ideal world you would probably be better off with CCCS or PayPlan, but you have clearly stated the reasons why that is not possible.

You can't face a self administered DMP and nobody could reasonably criticise you for that.

You've done some research and come up with MyVesta, they don't charge and will do the job for you.

If I was in yr position I would go with MyVesta.

Any comments guys & gals ??

Richard