My Situation Updated

kevster1009

My latest update:

I cancelled my DMP with CCCS and am now managing it myself. Creditors have responded as follows:

Lloyds TSB - Owed them £19k - they put this into a consolidation Loan at only 7.7%APR with the exact pymt of £249 pm I was due to pay them under the DMP. I took this to protect my credit rating with them as my mortgage is also with them and the hassle free time was important to me. I have now sorted what got me here so no further spending on cards and Od etc so no problem.

MBNA - owed them £7900 - paying them £65 pm, interest frozen at the mo, now down below the credit limit of £7800 so a psychological blow there.

Nationwide - owed them £2200 - accepted a pymt of £30 for 6 months

Black Horse - owed them £2100 - accepted a pymt of £24pm -a right pain in the derriere these have been.

Capital One - Owed them £1100 - paying them £15pm and Interest frozen. Never heard from them to know they accepted. Only found out by checking Equifax and finding out they put on my credit file that I am on a DMP to clear the account.

Thats about it folks. found it easier to self manage at the mo so hopefully it will continue.

amani_2

hi kevster

you are sounding a lot more positive. :j Hope it all goes well for you.

AMANI XXX

Sea78

Hi

How's it all going now? Have they all been quiet?

Sea xxxxx