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Debt Management plans

navboy
Posts: 3 Newbie
I entered a Debt management plan during my divorce. I have now sorted myself out enough to be able to afford to come out of this. Does any one know if this is possible?? I would however need a loan, which I am able to afford to repay, to clear the remaining existing debt but not sure if a bank would even consider me for another three years?????
Grateful for any feedback.
Grateful for any feedback.
0
Comments
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Who is your DMP with? Not one of the fee charging companies I hope. If it is kick them into touch NOW.
You won't get a loan so you will have to forget that.
Have you read this?
https://forums.moneysavingexpert.com/discussion/2077631If you go down to the woods today you better not go alone.0 -
A loan won't actually be clearing your debt as you'll be taking more on.
You can come out of a dmp and either do it yourself or go with one of the non-fee charging companies such as CCCS or Payplan if you are not already with them.
Good luck.Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free
Mortgage free since 20140
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