DMP & Mutual Support Thread - Part 8

win123

Hi Bertman

No dont worry about your mortgage - I am on a DMP with CCCS and owe 2and a half K overdraft and 8k credit card with halifax and still have a mortgage with them - I have been with the CCCS for 2 yrs now and I have never had any trouble from the halifax re my mortgage - Hope this puts your mind at ease and good luck with your DMP plan xx

jubilee14

Hi Win123 is your cc payments with halfax interest frozen? have seen a few posts tonight that they are not good at freezing which is bad news for me as i have a Loan/ cc and OD which makes up 70% of my debt so would be a nightmare if they dont freeze.

Tigsmom

Reading the last few posts has made me think. I'm sorry I can't help as my debts are still with the originator but I was wondering if your debt gets passed onto a third party do they also add interest? Can you negotiate reducing interest with them?

Growurown

bertman wrote: »

Our mortgage is fully up to date but with the Halifax - can they do anything like cancel our mortgage? Just a question as this has spooked me a bit...

No being on a DMP won't affect your mortgage. It is a separate loan and if it is being paid then there is no reason to make any changes to it. Your mortgage is a priority debt and will always come first in a DMP and your mortgage provider will know that.

Tigsmom wrote: »

Reading the last few posts has made me think. I'm sorry I can't help as my debts are still with the originator but I was wondering if your debt gets passed onto a third party do they also add interest? Can you negotiate reducing interest with them?

From what I have read on this thread previously interest usually stops when a debt is passed onto a DCA. All my debts passed onto DCA's are not incurring any charges or interest and they have all accepted the same payments that I was paying to the original creditor.

Tigsmom

Growurown wrote: »

From what I have read on this thread previously interest usually stops when a debt is passed onto a DCA. All my debts passed onto DCA's are not incurring any charges or interest and they have all accepted the same payments that I was paying to the original creditor.

That sounds good to me. I might suggest it to HSBC :rotfl:

Walaboobah

Time_to_face_the_music wrote: »

Have you written a letter of complaint to Halifax?

No, I think I will do so though just didn't want to stir the pot until I here about the credit card as that is by far and away my largest debt

I'll contact CCCS tomorrow and then write to the Halifax

Thanks

Growurown

Tigsmom wrote: »

That sounds good to me. I might suggest it to HSBC :rotfl:

Good idea! I seem to remember oh way back, when I was starting my DMP journey that people wanted their debts passed onto a DCA asap because that would mean the interest would stop.

Tigsmom

Growurown wrote: »

Good idea! I seem to remember oh way back, when I was starting my DMP journey that people wanted their debts passed onto a DCA asap because that would mean the interest would stop.

Anyone got any tips on how to get them to do this? I don't imagine just asking them would work. Is there a pattern to when/why debts are passed on? Are they large/small debts?

antonic

Save your money and ask for a certificate of postage, if you need to send anything.

In some organsiations ANYONE can sign for Recorded Delivery/Special Delivery Mail, which means it might not get to the right person !.

soappie wrote: »

Thank you! :A I guess I send it recorded delivery to the registered office address or is there some other known address for Westcot where letters are actually read?

mrs_harvey

savvysass wrote: »

Hi all, hows everyone? CCCS have agreed to us delaying our first payment so we can sort the car out thank goodness. Hopefully now things will settle and we can get on with our lives! Very catalogue are driving us mad tho, callings about 10 times a day, I have told them the reference number for CCCS, that we requested contact in writing etc etc but they still keep phoning. We don't answer the phone now but has anyone else had any dealings with them?

Had the sameproblem actually rang Very yesterday although they had a note of the dmp on file they dont actually deal with them. They tole me to contact NCO EUropewhich I did I have to ring them back in a week to get a new reference nofor CCCS. Hope this helps!