Dmp Mutal Support Thread (Part Two)

newlywed

I got another default last week - the reduced payment was only agreed for 6 months on my loan and so since I have no way to increase my payments any further, they've defaulted me. Oh well. Just another to add to the list

in_debt_again_but_dealing_with_it

Hi newlywed!:hello:
Just called CCCS and Metropolitan hopefully its sorted, for now anyway. Just have to see if Metropolitan accept my payment - fingers crossed! A curious thing is the outstanding balance has been reduced by £3,000 can only assume this is the PP but does that mean I'm going to be chased seperately for that ??
Thanks CCCS I'm not sure where I'd be if I hadn't found them and this site back in February! This site and them really have saved me on more than one occasion in the past 12 months :A and I've stopped smoking to boot yay!!
love and hugs
IDA
x

mummytofour

Hi everybody,
I am here to join the party, student mummy of 5 with new best friends being the CCCS, still not sure I should be going this route ( head still in sand I think). But I do feel that with luck life will be a little easier and I have more chance of paying these debst off and having a life at some point! Dreaming of paying off within 2 yrs PMSL DMP is almost 8 years.

Gemmzie

hi mummytofour, welcome aboard, eight years isn't too bad at all and I'm sure you'll be able to knock it down.

debtman2007

my first CCCS payments go out tomorrow so hopefully teh lettters and phone calls will calm down in a bit

BluePanther

ilovegreatdanes: it is just my way of saying that I celibrated my 43rd birthday on the 19th :T

debrag

can I ask what creditors people have & who have frozen charges?

newlywed

Hi debrag.

Mine are:
First direct - reduced interest after first DMP payment, from about 20% down to 6% - no other charges at all.
GE Money - initially refused but then stopped interest and charges completely after about 2 months - now with debt collection agency
Mint card - ignored my letters for months and eventually issued a default and stopped interest and charges (after about 5 months)
Mint loan - agreed reduced payments for 6 months and just issued a default.

debrag

just heard from payplan:

HFC Bank plc, Lloyds Collections Loans, Lloyds TSB Bank plc, Lloyds TSB Overdrafts are still charging me interest.

So it looks like MBNA, Barclaycard, Capital One aren't charging so thats good news.

Gemmzie

Capital One stopped interest quite quickly for us but they want reviews every 6 months and wanted a big increase