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Advice on token payments?

bexiboo92
bexiboo92 Posts: 348 Forumite
in Debt-free wannabe
Evening guys.

basically I'm in the middle of signing up for a DMP with CCCS, however I've read lots about token payments on here?

Just wanted some advice about them; how much do you offer? How do you go about it?

I want to keep the creditors off my back as much as possible...

Comments

  • RAS
    RAS Posts: 36,521 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    How much do you owe per month?

    How much can you afford?
    If you've have not made a mistake, you've made nothing
  • bexiboo92
    bexiboo92 Posts: 348 Forumite
    RAS wrote: »
    How much do you owe per month?

    How much can you afford?


    Can afford £20 a month to each company..
  • erimus1
    erimus1 Posts: 122 Forumite
    bexiboo92 wrote: »
    Can afford £20 a month to each company..

    You need to fill out an income and expenditure form, showing you you remaining disposable income which can go towards the plan.
  • iwilldoitthistime
    iwilldoitthistime Posts: 520 Forumite
    Part of the Furniture Combo Breaker
    I sent each one a £10 cheque and they all cashed it!
    Sealed Pot no 2011 :D
This discussion has been closed.
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