Stupid annoying Marks and Spencer.

Broken_hearted

Just come off my upteenth phone call with them tonight. I phoned as I wanted to up the payments to them, fine I can up the payments but they will start charging interest again. Oh thats just so helpful I up the payments each month and end up oweing more than I started with. :mad: :mad: :mad: :mad: :mad:
So now I'm stuck, I can't pay more as I'll be worse off but I want to be debt free. So I will have to find some willpower to build up the amount in savings to pay it off in a big lump later on and hope they accept it without restarting interest.:mad:

immoral_angeluk

Anyone would think they didn't want your money! Idiots.

Gemmzie

Are you on a DMP? (Sorry can't remember)

HSBC are being the same with me as I'm in a 0% period - they go crazy when you try and make an overpayment

BargainHunterCat

What wallies! Is there a different debtor you can pay off with your extra cash or maybe stick it in a savings account and use it to pay something off in full?

lewt

Ywah, just save it and pay it off at the end....

Broken_hearted

I'm on a DMP, so it's going to go into savings. I was going down the route of paying off creditors by amount owed (smallest first) so I could keep upping my payments to the bigger ones.

Gemmzie

Don't over pay on a DMP, keep saving into lumps.

If any of the creditors start hassling you offer them all part of the lump pro-rata then continue paying the same monthly amount as you did pre-lump (if that makes sense).

It's what Nat Debtline and CAB advised as my father has a varying income