Just needed some advice

in-debt

I have been on a DMP with Payplan for just over two years or so and I am finding it increasingly difficult to manage. I never seem to have any money left at the end of the month at all. I have posted my SOA previously on a different posting. We have two cars which we both need for our jobs. My car is still on HP and the final balloon payment of £2950 is due in August of this year which I just dont have and the only other two options is to either hand it back and pay the extra fee for the mileage I have used over 30,000 miles which would be around £600. Or to take the £2950 on finance with the company for either one year at £280 per month over one year or £138 over two years. Both cars are needing little jobs done on them most months and I am wondering what other options I have. Can anyone give me any ideas as to what I can do.

I didnt know whether to contact Payplan and ask them if I can reduce my payments but then all the creditors get upset.

I would appreciate anyones opinions and help and advice.

Donedoingdebt

Previous posts on this subject suggest that you contact Payplan & explain your difficult circumstances to them & take their advice as to which is the best way forward.