DMP & Mutual Support Thread - Part 8

Earthmother_2

Hi Shiraz, I am finding it a great help to be here too. Just being able to ask questions and share how you feel with others going through the same thing is keeping me sane. We have £34k of debt and we will be paying £325 a month to our creditors if they accept our DMP. I am here for the long haul too. Heres to the day when we can post we are doing our final payments! :beer:

Congratulations Mozzyc. Our creditors are Lloyds, we are just starting out and setting our DMP up, are they particularly bad to deal with?

Shiraz69

Hi Earthmother Thank you for your reply that day will be great! hope it comes sooner than we think. It's a great support to know there are people in the same boat. LLoyds is also my biggest creditor and they have been the first to default me so will just have to see how it goes

BlushingRose

Hiya Shiraz,
As you'll see from my siggy, we're in a similar boat to you...we started in Jan 2012 and already we're having to miss the Feb payment to try and get the car repairs (again) so I'm expecting the creditors to kick off.

mozzyc

Tiney wrote: »

MozzyC - Congratulations!!! It's hearing things like this that gives me hope. My first payment to CCCS went out today so I'm just at the begining but at least it has started.
All my lovely preditors have ignored the contact from me and CCCS, my Halifax Credit Card even said they haven't recevied notice of the DMP even though they were the only ones to write back and reject it.....hmmmmm.
I've decided to challenge myself to have one or two 100% free weekends a month (not that I'm splasing the cash the rest of time) but I thought a little challenge would spur me on to find more productive free things to do with my time and focus on the good rather then the phone calls and letters.

I suppose they deal with everyone differently, but with us, the interest they kept charging was getting out of control, and after 3 years of paying them £300 per month through the dmp, we actually saw our balance go up roughly over £3000. That was after letter after letter requesting them to stop the interest from us and Payplan and explaining our situation. We began to think we'd be paying them for years to come and that the dmp was going to be never ending.
But we finally got through to them after getting our MP involved, and got the interest stopped. They even admitted wrong doing in dealing with us and our account, and paid us back some of the money which went to clear the balance. Now at the end of this month, we will finally be through with dealing with them :T

Standingtall

Wannabefree1 wrote: »

Hello all,

Quick question before I catch up. Anybody have Barclaycard debt and in a dmp with Payplan??

They haven't issued the payment to Barclaycard along with our other payments. However all the payments went at the same time in Jan. I'm confused as if this is a bulk payment thing that Batclaycard request why didn't they delay payment in Jan too??

Hi Wannabefree1:) I have Barclaycard debt and am with Payplan. Mine was originally and Egg Card so have been on quite some journey! It was recently passed over to Mercer, however, Barclaycard's inhouse DCA. Is it possible that your debt is going through the same transition and one does not know what the other is doing?

secretshopper75

mozzyc wrote: »

I suppose they deal with everyone differently, but with us, the interest they kept charging was getting out of control, and after 3 years of paying them £300 per month through the dmp, we actually saw our balance go up roughly over £3000. That was after letter after letter requesting them to stop the interest from us and Payplan and explaining our situation. We began to think we'd be paying them for years to come and that the dmp was going to be never ending.
But we finally got through to them after getting our MP involved, and got the interest stopped. They even admitted wrong doing in dealing with us and our account, and paid us back some of the money which went to clear the balance. Now at the end of this month, we will finally be through with dealing with them :T

Now that sounds like a good idea....might have to remember getting my MP involved if they continue to charge us as much as we're paying in interest...well done

Brusselpicker

I took out a DMP with Payplan 3 years ago, contacted them in October as my end date was approaching fast. My final payment was due on 01/02/2012. They finally started my end review on 30/1/12, good isn't it? 9 days later they contact me to check my interest rate with the Halifax and check how much I owe Barclays. Getting better isn't it? Message them back to ask for evidence of when they last checked with my creditors about interest and charges and 24 hours later I get a message saying they haven't, ever, not once, in 3 years!
But they are sorry and will put their complaints procedure in process and send me details. As I said in my message to them I would contact my creditors directly they asked if I was ending my plan! Are they kidding? Am waiting now for the result of the complaints procedure. I'm very kind so I will give them 28 days to sort it out but I feel they may never actually satisfy me. I feel a complaint to the FOS coming!
Had anyone else had a similar experience? Or can anyone give me advice as to how to proceed?

Shiraz69

Thank you Blushingrose. I haven't really had many calls in the beginning.I ignored the ones I did get cos I couldn't face talking to them but I wish I had because 3 of them have said they didn't get any info from cccs about my DMP. The ones I did speak to were really nice and apologised immediately an said they would stop the phone calls and put a note on account until cccs get in touch. Im gonna ring them all next week to make sure they have all info they need now that I'm feeling strong enough to do so.

Does anyone know what will happen when you have a joint overdraft on a single DMP. I have a joint account with lloyds with 5k overdraft that my DMP is paying into but its only covering charges and interest. They haven't been in touch yet. will they accept small payment off my husband do you think?

LittleHippyHop

Hi all

I received letter from Lloyds today saying they were going to accept my monthly offers for now, so that is something! Feel very depressed today though- I am really struggling to get my head around food budgeting and feeling down about not having any spare money. I really need to get food shopping costs down, just not sure how. I've tried meal planning but I'm crap I know things will improve when I can return to work full time but that's not for a couple of years due to chidcare costs.

Sorry about the moan!

mon1o

hi all!

im in the very early stages of my dmp with cccs. this month is the first month ive missed any payments (purely made in the past by robbing peter to pay paul) and already the letters and phonecalls have started - a text and 4 letters (yes 4!!!!) from one loan company today (all the same letter - as if sending more than 1 out will make a blind bit of difference) and yesterday had 11 (11!!) missed calls from one of the credit card companies. im not answering the phone or doing anything with the letters but i simply cannot deal with the level of phone calls im getting! the same company has rung me twice in the last hour. its hard enough trying to sort this out without the pressure added by constant phone calls.

i need to print all the statements etc and the template letter and that is my job for this weekend. do i just continue ignoring the calls/letters and stand firm or am i actually gonna have to answer them?