Need to get life sorted

vicky1001

Hi all i need to get my life sorted out and step one of that is to come on here and admit that i have got debt !!! woo i said it ..... i also want to get out of rented accomdation and own a home but my credit rating is down the toilet - i have a cashplus card and i have heard that it improves your credit score ? how does this work ? do they send you a new card if you have it as mine expires in 4 months time

Hovel_lady

Hello and welcome

Post a SOA (statement of affairs) and I'm sure people will be able to help.
https://forums.moneysavingexpert.com/discussion/107280

vicky1001

thanks for that ... i am going to get xmas done and dusted and then it starts on 30th dec ... my next paydate lol

Standingtall

vicky1001 wrote: »

Hi all i need to get my life sorted out and step one of that is to come on here and admit that i have got debt !!! woo i said it ..... i also want to get out of rented accomdation and own a home but my credit rating is down the toilet - i have a cashplus card and i have heard that it improves your credit score ? how does this work ? do they send you a new card if you have it as mine expires in 4 months time

Hi Vicky. In your other thread you mention that you are in a DMP, so you must not take out credit! Should the worst happen and a creditor took you to court then this would go against you in a big way! Please be careful!

vicky1001

will do - i didnt know sorry im scared now

Standingtall

Ah Vicky, I feel guilty now, but seriously maybe you need to be a little scared if it will prevent you getting into more debt. I am sorry though but please don't shoot the messenger.

You should have been advised better by your DMP provider. Who is your DMP with, if you don't mind me asking?

quintwins

vicky1001 wrote: »

thanks for that ... i am going to get xmas done and dusted and then it starts on 30th dec ... my next paydate lol

maybe you could do a soa now for 30th dec+ so you know where you stand before payday and what to expect going in and out and get realy to implement whatever suggestions you get on here

vicky1001

Standingtall wrote: »

Ah Vicky, I feel guilty now, but seriously maybe you need to be a little scared if it will prevent you getting into more debt. I am sorry though but please don't shoot the messenger.

You should have been advised better by your DMP provider. Who is your DMP with, if you don't mind me asking?

gregory pennington

Standingtall

Hi again Vicky. Does Gregory Pennington charge you a monthly fee of some kind? If so then it may be worthwhile getting advice from one of the debt charities, Payplan or CCCS. They could give you some impartial and free advice as to how things may stand for you regarding your current situation with the DMP and new credit. This way it should not impact on your arrangement with G.P.

vicky1001

Standingtall wrote: »

Hi again Vicky. Does Gregory Pennington charge you a monthly fee of some kind? If so then it may be worthwhile getting advice from one of the debt charities, Payplan or CCCS. They could give you some impartial and free advice as to how things may stand for you regarding your current situation with the DMP and new credit. This way it should not impact on your arrangement with G.P.

£35 a month plus costs of reduncancy cover and sickness cover -
what do people think of them are they bad

Standingtall

Well, I cannot comment on them but I do know that my DMP is managed for free by Payplan and they gave me the appropriate advice on further credit which seems to have not been provided to you Vicky. This does not necessarily mean they are bad though as different circumstances need different solutions.

I would point out thought that the £35 could be going towards your debt rather than in G.P.'s pocket.