New Dmp Mutal Support Thread

scared_2

Hi All

Hope your all enjoying the lovely weather - managed to go to the shops today with £6 in my purse and only end up sepnding £2 was very pleased with myself quite enjoying the task.

Newleywed - I was pooing my pants the first time I called cccs I was 7 months pregnant and my DH was feeling so low about all our debt that I just did it one day and it was the best thing I ever did. The guy was so nice and never made me feel stupid, he also gave me fantastic advise and how to deal with the creditors. Even though we have a very very very long way to go before we are out of debt me and DH feel alot happier now we are dealing with it and not just hiding away. Before we were just paying cards to pay cards and all his salary was going on paying cards, now we are using his salary to pay mortgage and live on and it feels a million times better.

I called Egg loan last night and the lady was very nice told me not to worry and that they will contact cccs. Still not sure about it was we are only offering to give them £8 a month on a £20k loan but I'll just have to wait and see.

Did any of you see that new programme on BBC1 this morning called Beat the Bailiff???? A guy from Payplan was on it. Looks like it's on every morning.

Well better go, going to try and put my feet up for abit while my son is watching toy story. Only 2 weeks to go before baby No: 2 arrives. Then the creditors will be dealing with a lunatic woman with crazy hormones hope there ready for me.

xxx

daysieblue

No-one knows we've got debt problems, I think we suffer from an underlying embaressment about it. On here I'm proud to be dealing with it, but not even my parents know just how bad things are. Fortunately DH and I have learned to open up to each other about it, so we're not individually on our own. I just sometimes wonder how long we can keep this up for! I haven't worked out our DFD yet, because in some ways I'm scared it's going to tell me it will be sometime just before we retire (only 34 now!), and I'm not sure how I would cope with that knowledge. :eek:

Since coming on here though, I have had a secondary LBM, and I am now trying REALLY hard to reduce my expenditure so that we can have a little bit extra each month. We have a flexible mortgage, so we're putting all our small savings against that, which will help reduce the interest on that. So each month we will add a little bit more to the savings which means that hopefully we will soon be in a position to pay off one of the smaller creditors, hopefully Hellifax!!!

I agree though, I reckon there must be so many more people out there in debt, and just haven't had their LBM yet. Interesting question - Whose fault is it? Is it society making us want more all the time; is it the banks, letting us have more than we can possibly afford; or is it just us, having no self control, or using spending as a way to cover up other insecurities in our lives? I think mine is number 3 :rolleyes:

db xx

Sea78

Ex-Spendaholic wrote: »

You are right, I know you are. It's just really as a safety net in case I write a cheque and forget about it or for an emergency (given that I'll not be using credit cards any more). I know you are right though that I should let the whole lot go. I have come a long way in the past month so the plan now is:

1. Get the other 2 creditors on board the DMP
2. Reclaim bank charges :eek: - Have just looked it's just 2 simple letters
3. Look into a missold endowment claim :eek:
4. Approach the Hellifax about a better deal on the mortgage :eek:
5. If bank charge claim is successful do away with most if not all of the OD
facility
6. If ODs are cleared double the payment to CCCS. :eek:
7. It should be getting warmer soon so the money I'm spending on gas
£60- £70 per week :eek: start putting into a separate account towards debt/rainy day.
8. House insurance is due for renewal 1 May - premium will halve as will monthly payments. Try to save the £16 a month somewhere.

9. Wake up and smell the coffee, I'm such a dreamer :rotfl: If I write it all down here though I'll feel that I have to do something about it.

:T
you've come so far - well done! If you do keep the O/D will OH then know about it? I know you don't want to tell him about your debts, but you could start being open about what's available on your joint accs, so that when all this is over you'll be completely open about your finances? Just a thought, sorry if not appropriate!

daisieblue- think it's a combination of all three! I don't think I should have been allowed as much credit, but I also think it was all my fault as I spent on stupid things because I thought I dserved it, my family deserved it, and i had NO idea about how to budget, food shop effectively, raise money properly, sort savings acc, etc. This site has sorted me good and proper.

I bought DD a wiggles dvd from Ebay today. We've been doing a reward chart for a while to curb the back chat (honestly, would you believe it?? only four and full of it). So she's 'earnt' a dvd - so I used some saved money and have been beating myself up about it since!?! :rolleyes:

Sea xx

Ex-Spendaholic

I've just rang Barclaycard. I spoke to about 6 people and finally got someone who said that they have accepted the CCCS proposals for the next 6 months. There's nothing quite like harassing your creditors.

So that's 8 down 1 to go: (sorry I only post this to give hope to newbies)

Accepted:

Barclaycard
Cahoot
Egg
Hellifax
Next
Argos
GE
Studio

Awaiting

GE B&Q

Scared, you must have really had a hard time of it dealing with all of this whilst being pregnant. I really hope that you get some peace now and can concentrate on yourself and your baby and not the post and the phones.

Daysie, probably all 3. I never had debt until 1999. I was on maternity leave and went on to reduced pay. We got overdrawn. I took out a loan (which OH didn't know about) for £500. Ended up OD again so increased the loan to £1000. Washing machine broke down and that went on the CC. Dog got sick big vet bill again went on the CC. I ended up taking a loan for £3000. It just spiralled after that - consolidation loans, more credit cards, store cards etc. It was a case of as long as the debts are being managed who cares if I have to move them elsewhere. At one stage I had a loan with HFC. It was for £10K. I paid it for a year and then decided to move it to Hellifax along with a CC. On settlement I hadn't paid off a penny of the HFC loan, it was all interest. What a nightmare. So the nightmare continued. Things were manageable for me though. I was on a good salary and paying everything out of my salary and we lived a good life on OH's salary. I then went part-time so took a hefty pay cut. I still managed. Last year I had to take 6 weeks unpaid leave. That really shafted everything. In all truth and honesty if someone had given me a big consolidation loan before Christmas for everything I would have taken it. Thankfully no-one would hence the LBM and the move to CCCS.

Hopefully it all gets better now.

Ex-Spendaholic

I've just rang Barclaycard. I spoke to about 6 people and finally got someone who said that they have accepted the CCCS proposals for the next 6 months. :j :j There's nothing quite like harassing your creditors. :rotfl: Kind of turns the tables a bit.

So that's 8 down 1 to go: (sorry I know you are all fed up reading this but I only post this to give hope to newbies)

Accepted:

Barclaycard
Cahoot
Egg
Hellifax
Next
Argos
GE
Studio

Awaiting

GE B&Q

Scared, you must have really had a hard time of it dealing with all of this whilst being pregnant. I really hope that you get some peace now and can concentrate on yourself and your baby and not the post and the phones.

Daysie, probably all 3. I never had debt until 1999. I was on maternity leave and went on to reduced pay. We got overdrawn. I took out a loan (which OH didn't know about) for £500. Ended up OD again so increased the loan to £1000. Washing machine broke down and that went on the CC. Dog got sick big vet bill again went on the CC. I ended up taking a loan for £3000. It just spiralled after that - consolidation loans, more credit cards, store cards etc. It was a case of as long as the debts are being managed who cares if I have to move them elsewhere. At one stage I had a loan with HFC. It was for £10K. I paid it for a year and then decided to move it to Hellifax along with a CC. On settlement I hadn't paid off a penny of the HFC loan, it was all interest. What a nightmare. So the nightmare continued. Things were manageable for me though. I was on a good salary and paying everything out of my salary and we lived a good life on OH's salary. I then went part-time so took a hefty pay cut. I still managed. Last year I had to take 6 weeks unpaid leave. That really shafted everything. In all truth and honesty if someone had given me a big consolidation loan before Christmas for everything I would have taken it. Thankfully no-one would hence the LBM and the move to CCCS.

A great deal of it for me is poor money management. I'm the head in the sand type. I never know what is in the bank. My colleague checks online banking first thing every morning. I really should do the same but a lot of the time I'm scared too. If I could reclaim bank charges (sorry for going on about it) then that would change all of that as what would be in the bank would be ours, real money instead of minus figures all the time.

Hopefully it all gets better now.

Ex-Spendaholic

Sea, don't feel guilty about it. If it sorts out your child's behaviour then it's worth it. I have a child who is nearly 8 and he's a nightmare. The nearly 4 year old is a complete angel. I rarely buy a DVD. I enter loads of competitions and seem to win more DVDs than anything else. I have won 2 kids ones this month so far - Fifi and the Flowertots and Barnyard.

teecee152

scared - Well done on only spending £2 today, isn't it a fantastic feeling when you've actually resisted the urge to spend money!!
I see it as a challenge now - to go into a shop and only buy what i went in for.

DB - I think mine is also a mixture of all three!
I have spent so much money over the years, trying to make myself feel better about various things/situations, getting credit when one look at my personal situation should have had the banks running for cover, and trying to give dd things that deep down i know she could quite easily have done without. After all a loving, but broke mum, is just as worthy of love as a debt-ridden stressed out mum!

Sea - tell me about it!!!! I've got an 8 year old with the mind of a stroppy teenager.

EX- great plan ! I love lists and yours seems very do-able judging on how far you've already come

Good Luck everyone.!!

teecee152

EX - brilliant news about barclaycard :beer:

Can you ring the Co- Op Bank for me!!!!!!!!!:rotfl:

Sea78

Ex-Spendaholic wrote: »

Sea, don't feel guilty about it. If it sorts out your child's behaviour then it's worth it. I have a child who is nearly 8 and he's a nightmare. The nearly 4 year old is a complete angel. I rarely buy a DVD. I enter loads of competitions and seem to win more DVDs than anything else. I have won 2 kids ones this month so far - Fifi and the Flowertots and Barnyard.

Hi - what comps do you do? Just online ones or send off ones too? I am thinking of doing this (I already enter the online ones as they are free). The thing putting me off is spending a lost on postage for nothing and then being worried about that!!I am going to use some of my ebay money to do it though, so I suppose it's 'free' money, still don't want to waste it though!

Thanks teecee - I hoep she's no worse by the time she's 8!!

Sea xx

newlywed

scared wrote: »

Newleywed - I was pooing my pants the first time I called cccs I was 7 months pregnant and my DH was feeling so low about all our debt that I just did it one day and it was the best thing I ever did. The guy was so nice and never made me feel stupid, he also gave me fantastic advise and how to deal with the creditors. Even though we have a very very very long way to go before we are out of debt me and DH feel alot happier now we are dealing with it and not just hiding away. Before we were just paying cards to pay cards and all his salary was going on paying cards, now we are using his salary to pay mortgage and live on and it feels a million times better.

That's what I'm doing at the moment, using all my wages to pay the cards and then having to put everything else back on the cards - not good. It's been 3 months of this now. No one will give me any more credit so I can't even shift to lower rate cards.

I want to pay the debt, but I want them to freeze interest and I want to be able to live on what is left after my payment. It's not like we go out much except to the park where it's free, or have takeaways -the last one was about 8 months ago.

I feel like I work full time just to pay interest on my debt and buy food and I'm so fed up of it.