Hiding your debts? Think you can cope on your own?

Rochdale_Guy

Bardo wrote: »

Most of the creditors froze the interest and charges so when you see the balances actually going down it really is an amazing feeling!

Not wanting to overly worry myself here, but I'm just curious as to which are the friendliest creditors (freezing interest and stopping charges), & which are the worst?

I hear MBNA can be quite tough, which is bad for me

Mrs_Arcanum

You may well have to keep pleading with your creditors to stop adding interest. There is a section where they agree not to make your situation worse & continuing to add interest does just that. You will have to NAG & NAG though.

Good luck and keep at it. 2 years done & 8 to go for me.

cozza123

Just found out my bf is in alot of debt altho he's said his loan payments have nearly finished however from what I have found out he's in over 10k and it seems like he hasnt paid any of it over the past few months and now getting things court some seem like tax but i dunno what to do as I shouldnt really know this and would like to help him he lives with me but its my house could his actions impact me in anyway could balifts come to mine and take anything etc? or could he go to jail for not paying?

Rochdale_Guy

Mrs_Arcanum wrote: »

You may well have to keep pleading with your creditors to stop adding interest. There is a section where they agree not to make your situation worse & continuing to add interest does just that. You will have to NAG & NAG though.

Good luck and keep at it. 2 years done & 8 to go for me.

Thank you Mrs Arcanum.

So, do I have to contact them myself? Don't CCCS do that? I know they are a charity but still aren't 100% sure what powers they have, & what they can do for me on my behalf... Hopefully more than make an offer to my creditors?

Sorry, I'm NOT being ungrateful in anyway. I couldn't do this on my own and they have been great

Wellyboots6

MBNA were fine with me eventually. In fact, all of my creditors froze interest last time (its so horrible to have to say that!). It just took time and alot of nagging like Mrs Arcanum said!

As far as I know, you don't contact them. CCCS send them the offer, then they are likely to reply to you. You then pass their reply on to CCCS who contact them again. When they contact you, you are telling them they need to deal with CCCS and give them your reference number. You limit the amount of contact with your creditors. CCCS are now working on your behalf.

Rochdale_Guy

Thank you katy721, that makes me feel better, so I appreciate that.

wecandothis_2

Rochdale_Guy wrote: »

Not wanting to overly worry myself here, but I'm just curious as to which are the friendliest creditors (freezing interest and stopping charges), & which are the worst?

I hear MBNA can be quite tough, which is bad for me

In our experiance Lloyds & Barclaycard were the worst but MBNA who we owed several thousand to (probably about £17k in total) were fine, they stopped interest and charges straight away. Very rarely heard anything from them even on the couple of occassions when we had to reduce our DMP payment.

But there is no point worrying yourself silly, just keep telling yourself they cant have what you havent got .

wecandothis_2

Rochdale_Guy wrote: »

Thank you Mrs Arcanum.

So, do I have to contact them myself? Don't CCCS do that? I know they are a charity but still aren't 100% sure what powers they have, & what they can do for me on my behalf... Hopefully more than make an offer to my creditors?

Sorry, I'm NOT being ungrateful in anyway. I couldn't do this on my own and they have been great

Well i took the stance that although we were in a DMP with cccs, there was no harm in us being pro-active ourselves, so i made sure if a creditor wrote to us i replied to them in person or if they wouldnt freeze interest i wrote to them personally to ask.

Mrs_Arcanum

Rochdale_Guy wrote: »

Thank you Mrs Arcanum.

So, do I have to contact them myself? Don't CCCS do that? I know they are a charity but still aren't 100% sure what powers they have, & what they can do for me on my behalf... Hopefully more than make an offer to my creditors?

Sorry, I'm NOT being ungrateful in anyway. I couldn't do this on my own and they have been great

Yes you do have to write to your creditors again & again (in some cases). Don't forget to keep your plan up to date when the amounts change.

CCCS are good for helping you manage & will offer suggestions but they do not do the pleading with creditors bit.

Loubylou2

Hi
Not been around here for a few days. W
Just thinking what a difference a week makes RD! So far so good and I'm glad your pay was sorted out. You may well have to write to creditors at some point but you'll deal with it when and if it is needed.
I worried about one of my creditors Nat West Triton as had read so much negative talk about them but they've been brilliant so its hard to tell who'll play ball but it will be sorted.

If you have to write there are tons of templates available and lots of expert advice on here.
Well done!:T