2 questions to ask please

TOTALLYFEDUP_3 · 14 January 2007 at 8:38PM

Hi all

Tomorrow I'm going to ring Payplan - it seems to be less hassle than doing it all myself altho' I was going to contact each creditor indvidually explain how we've got into this mess and that we WANT to get out of it by doing things properly and paying our way until everything is paid off and that we are now putting everything with Payplan who will contact them in due course to request that they freeze any interest and to give them a payment which we hope they will accept. Would you do this or leave it to Payplan? I thought it might be better coming from us initially?????

Another quick quessie and in some aspects part of the reason we're in a mess - DH gets paid weekly in cash (the main earner), I get paid 4 weekly in my job and CHB is the same by BACS, and his Army pension is paid monthlyby BACS. What is the best breakdown to do - monthly or weekly?

Thanks again, I still feel sick to the pit of my stomach but do feel better for actually admitting we have a problem and are taking the first steps to deal with it.

TFU

moxie_2 · 14 January 2007 at 9:18PM

If you are going to ring Payplan be guided by them, they are the experts, after all. They will contact all your creditors for you, if you wish. They know what they are doing, so I'd leave them to it, rather than do it myself. Creditors can be quite tricky, and try to talk you into something that, in retrospect, is not right for you. Not sure about weekly or monthly breakdown, mine is monthly, but again Payplan will talk you through it. They are really helpful and non judgemental and will help you work everything out. I remember that sick feeling, but it soon goes away once everything is sorted. Good luck!