Hi All

woundedsoul

Hey everyone, I have a big amount of payday loans, and I am wondering what is best to do regarding DMPs, or contacting the creditors myself and setting up a payment plan with each one individually.

I seen something in the past on here also about template letters to creditors when trying to set up payment plans?

It's about 7 or 8 different companies totalling about £3,500

Any help is appreciated. Thanks

DCFC79

Maybe dfw board is best for this.

Apples2

Step change or payplan.

Never pay for this service.

woundedsoul

DCFC79 wrote: »

Maybe dfw board is best for this.

I do apologise for my lack of knowledge, what is the dfw board? Thanks

woundedsoul

Apples2 wrote: »

Step change or payplan.

Never pay for this service.

What is a step change? Can you point me in the direction of any templates/best way to contact creditors myself regarding setting up payment plans. Thanks

woundedsoul

Any more help is appreciated. Thanks

DCFC79

woundedsoul wrote: »

I do apologise for my lack of knowledge, what is the dfw board? Thanks

debt free wannabee board, its the 1 below the loans section.