DMP & Mutual Support Thread - Part 9

Hopelessly_Hopeful

Not that I ever want credit again but my noddle score has gone upto 2/5! Can't fathom why. I don't put too much value into scores and I don't want credit but nice to see progress in a perverse way.

HHx

dmb_2

Good news HH. I've never checked my own credit score (just presumed it's as bad as it can get) but maybe I will just out of pure interest. Am I right in thinking that Noddle is free as opposed to Experian and co?

It's Friday everyone !Almost the weekend:)

antonic

Yes,

Noddle is totally free.

dmb wrote: »

Good news HH. I've never checked my own credit score (just presumed it's as bad as it can get) but maybe I will just out of pure interest. Am I right in thinking that Noddle is free as opposed to Experian and co?

It's Friday everyone !Almost the weekend:)

Time_to_face_the_music

Enough_Now wrote: »

Hi everyone

I haven't posted for a while, been busy at work and trying to improve our house on a very tight budget.

I have just updated my beloved spreadsheet with April statement details which include my Month 5 DMP payments. I was very pleased (and a little bit proud) to see that I have managed to pay off just over 10% of my debt total. :T

I know that this interest free period (7/9 creditors) may not last forever but at least I will have made a good inroads to reducing my debt.

I am about to write to all creditors requesting confirmation of their required review date, as I don't want interest and charges to be added if some of them prefer six monthly reviews rather than StepChange's annual submission.

I still have two creditors charging interest, although both reduced by 50%. Do you think it is worth me writing to complain/request total freeze or will I be better off just leaving it?

Well done for all the successes and welcome to all joining us on this journey to debt freedom!


EN xx

10% is a super milestone - well done :T

I believe in trying to get all interest frozen. You've got nothing to lose and a whole lot to gain, so give it a go

zenshi

I will be penning a letter today about my interest too

tTFTM...does it make any diffence that I'm not with a company for y DMP? I'm going it alone but using advice from SC

Hopelessly_Hopeful

Zenshi, some guidance states.... if the client is dealing with a notg for profit advice charity. I guess you could tell them you are still seeking advice from SC.

Good luck x

Julie67

Morning all,

TTFTM I know ours has done 146,000:eek:

So feel like I need to revisit the budget. We've kind of gone off track a bit. It's so difficult with dh being self employed. Need to get back to putting everything in the bank and not using the cash for food shopping, its so easy to lose track of where we are. Up to.

Also as well as trying to get together an emergency fund, mainly with a car in mind, I'm also trying to save to pay one of the debts off. It's bugging me and the only one still charging interest so it needs to be gone, its so hard though. Just surviving from week to week is exhausting.

Hope everyone is getting along ok. X

Time_to_face_the_music

zenshi wrote: »

I will be penning a letter today about my interest too

tTFTM...does it make any diffence that I'm not with a company for y DMP? I'm going it alone but using advice from SC

It shouldn't make a difference but I found it much easier to use the NED CAB DMP for printing off I & E, letters to accompany it etc.

Despite the fact that you do it completely yourself, the creditors seem to like the fact that you have a reference number and it connects you to the CAB etc.

There are some really good tools there, I can see why it has won awards and wish I had known about it right from the start. Take a look if you get a chance:

http://mymoney.nedcab.org.uk/moneyadvice/dmp.asp

Julie67

Thanks TTFTM looks very good

dmb_2

Yes I agree. I've recently gone self-managed but have registered details with NED CAB as I think their templates are good and creditor friendly plus they have all their addresses etc
Thanks TTFTM for pointing me in their direction.:)