DMP & Mutual Support Thread - Part 8

MarkG76

Well ....

I am all set up on DMP with stepchange, first payment goes out on 1st Feb and then it is sit back and wait to see what happens with creditors!

I have tried to be quite proactive in contacting them myself and so there is already the beginnings of a paper trail between us (hopefully showing if it did come to it) that I was being proactive in paying off my debt! Also trying to minimise the amount of phone calls I get at the beginning of Feb, although I am prepared for this still to happen!

I have heard back from Blair, Oliver and Scott already saying that had accepted my payment offer. This was for 2 Halifax credit cards that I had already set up a payment plan for. Whilst it wasn't really a surprise that they accepted, is still nice to get one of the creditors ticked off the list for accepting.

My question really is ... what are peoples experiences with wonga, quick quid and pounds to pocket. I am emailing them regularly although not really getting replies (apart from the odd 'holidng' email that says they will respond to my request in due course. I think these are the creditors I am most worried about in terms of getting aggressive. Just wondering anyone elses experiences of what works with them - if anything.

Anyway, apart from that, and even though I am aware that February may be a rocky month with phone calls and letters, I do feel in a much better place, just because I feel I have taken control of the situation! My debt free estimate is 4 years and 8 months, but to be honest just the fact I have done something about it makes me feel better. My advice to anyone wavering between setting one up is to go for it! Strange loyalty feelings towards some of your creditors and an attempt to keep a credit record that is already really messed up are no reasons to keep on struggling.

There we go

Hopelessly_Hopeful

MarkG76 wrote: »

Well ....

I am all set up on DMP with stepchange, first payment goes out on 1st Feb and then it is sit back and wait to see what happens with creditors!

I have tried to be quite proactive in contacting them myself and so there is already the beginnings of a paper trail between us (hopefully showing if it did come to it) that I was being proactive in paying off my debt! Also trying to minimise the amount of phone calls I get at the beginning of Feb, although I am prepared for this still to happen!

I have heard back from Blair, Oliver and Scott already saying that had accepted my payment offer. This was for 2 Halifax credit cards that I had already set up a payment plan for. Whilst it wasn't really a surprise that they accepted, is still nice to get one of the creditors ticked off the list for accepting.

My question really is ... what are peoples experiences with wonga, quick quid and pounds to pocket. I am emailing them regularly although not really getting replies (apart from the odd 'holidng' email that says they will respond to my request in due course. I think these are the creditors I am most worried about in terms of getting aggressive. Just wondering anyone elses experiences of what works with them - if anything.

Anyway, apart from that, and even though I am aware that February may be a rocky month with phone calls and letters, I do feel in a much better place, just because I feel I have taken control of the situation! My debt free estimate is 4 years and 8 months, but to be honest just the fact I have done something about it makes me feel better. My advice to anyone wavering between setting one up is to go for it! Strange loyalty feelings towards some of your creditors and an attempt to keep a credit record that is already really messed up are no reasons to keep on struggling.

There we go

Well done on start up and for getting Hellifax to refer you onto Blair, Oliver and Scott, that's a result.

Trust me on this, you need to consider ditching the loyalty and look after yourself.

HHx

debtfreeplz

hi , i am in the process of arranging my DMP with stepchange. i need to send them proof of income and info of my creditors. can anyone tell me , do i just send a list stating the creditors name , balance and the account numbers ? or do i have to send them statements or letters from each and every creditor? i did email them and ask on wednesday but got no reply thanks if anyone can help x

NaughtySpot

debtfreeplz wrote: »

hi , i am in the process of arranging my DMP with stepchange. i need to send them proof of income and info of my creditors. can anyone tell me , do i just send a list stating the creditors name , balance and the account numbers ? or do i have to send them statements or letters from each and every creditor? i did email them and ask on wednesday but got no reply thanks if anyone can help x

I think I sent them the last statement for those that I had, and wrote down the others.

I always found it quicker to phone them rather than email too. Send whatever you have, they will let you know if it's incorrect.

debtfreeplz

thanks alot , just was getting confused with what i needed to send and what i didnt ! x

RonniesMummy

MarkG76 wrote: »

Well ....

I am all set up on DMP with stepchange, first payment goes out on 1st Feb and then it is sit back and wait to see what happens with creditors!

I have tried to be quite proactive in contacting them myself and so there is already the beginnings of a paper trail between us (hopefully showing if it did come to it) that I was being proactive in paying off my debt! Also trying to minimise the amount of phone calls I get at the beginning of Feb, although I am prepared for this still to happen!

I have heard back from Blair, Oliver and Scott already saying that had accepted my payment offer. This was for 2 Halifax credit cards that I had already set up a payment plan for. Whilst it wasn't really a surprise that they accepted, is still nice to get one of the creditors ticked off the list for accepting.

My question really is ... what are peoples experiences with wonga, quick quid and pounds to pocket. I am emailing them regularly although not really getting replies (apart from the odd 'holidng' email that says they will respond to my request in due course. I think these are the creditors I am most worried about in terms of getting aggressive. Just wondering anyone elses experiences of what works with them - if anything.

Anyway, apart from that, and even though I am aware that February may be a rocky month with phone calls and letters, I do feel in a much better place, just because I feel I have taken control of the situation! My debt free estimate is 4 years and 8 months, but to be honest just the fact I have done something about it makes me feel better. My advice to anyone wavering between setting one up is to go for it! Strange loyalty feelings towards some of your creditors and an attempt to keep a credit record that is already really messed up are no reasons to keep on struggling.

There we go

Wonga have been fine with me so far, pounds to pocket have sent me default notices and say they will keep doing so until they hear from stepchange, which they should have by now anyway.

I am actually having more problems with Lloyds TSB than anyone else!

Fatbottomgirl

We are just starting set up our DMP. We have been totally snowed in for a week so have had to put off getting a bank account. I have appointment tomorrow so hopefully I should get it sorted then.
Can some one tell me how long it takes once I send all the information off to them?
Are we likely to get loads of phone calls from creditors?
I felt fine yesterday but feel totally overwhelmed with it all today. I just want to get started so I can look forward instead of worrying every second!

Hopelessly_Hopeful

Fatbottomgirl wrote: »

We are just starting set up our DMP. We have been totally snowed in for a week so have had to put off getting a bank account. I have appointment tomorrow so hopefully I should get it sorted then.
Can some one tell me how long it takes once I send all the information off to them?
Are we likely to get loads of phone calls from creditors?
I felt fine yesterday but feel totally overwhelmed with it all today. I just want to get started so I can look forward instead of worrying every second!

Hi and welcome

It's normal to feel all over the place when you start.

Make sure the bank of choice is not linked to your debts. I applied for a coop standard account online on Sat and was all set up by the Wed with my wages paid in by the Friday so it can be done.

When you write to all creditors make sure you tell them you only want to be contacted in writting only. Send the post registered delivery. If they do call, quote your SC DMP number. Make sure you take their details, name etc, tell them about the letter and if you get one more phone call you will be reporting to the FOS for harrassment, works a dream. Don't feel obliged to chat any further, they can only have what you can afford and they certainly cant have your life!


My advice is

read back pages, you will learn soooo much

invest 'nervous' energy into doing things to be productive, menu planning and costing

Make a list of key things throught the year to come, car insurance, birthdays, school uniforms etc

be specific about worries as people have more chance of helping you that way

Any queries please do shout up

HHx

antonic

I first spoke to Payplan in Sept 2005, and made my first payment in Dec 2005.

In between contacting them and making the first payment , I was bombarded with phonecalls from HBOS (who I told I was setting up a DMP with Payplan to pay them and my other creditors), after a while and with payments being made, they stopped ringing.

My creditors defaulted me during 2008, with the last one being Christmas Eve 2008 !.

I now have 5 months to go till I am DF.

Congratulations on facing upto & dealing with your debts !.

Fatbottomgirl wrote: »

We are just starting set up our DMP. We have been totally snowed in for a week so have had to put off getting a bank account. I have appointment tomorrow so hopefully I should get it sorted then.
Can some one tell me how long it takes once I send all the information off to them?
Are we likely to get loads of phone calls from creditors?
I felt fine yesterday but feel totally overwhelmed with it all today. I just want to get started so I can look forward instead of worrying every second!

lizzymint_2

LloydsTSB are digging their heels in.

I rang Lloyds and they explained (very complicatedly) that my debt will NOT start all over again, but at the last monthly statement amount. This is a relief! The man I spoke to was lovely and admitted the language they use in their letters is a bit wordy. So, if I can keep getting them to freeze the interest every six months, fingers crossed I'll be debt free in three years! WHOOPEE! Thank you everyone for your advice and support, it means so much.