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just started out on DMP journey
Comments
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This is a copy of an email I will be sending to my creditors
can someone tell me if this is ok
With regard to the above loan I would like to inform you that I am experiencing financial difficulties and started a DMP with stepchange reference number xxxxxxx.
They have my full authorisation to deal with the account and a letter has been sent out to that effect from them on the 28th march 2014.
My first payment to them will commence on the 1st May 2014.
Also I request that you remove the following numbers from your database as stapchange now deal with the account.
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
regards
Hi SexyS
I think the email looks good, couple of things, am assuming your first payment to SC goes out on 1st May, the actual payments made by SC to the account arrive at creditors on 25th of month, so you may need to make an additional token payment & its probably worth mentioning this in email/letter.
I suspect some of the creditors may well keep your contact numbers on file history so there is always the risk of a call. I understand the problem, and it is a huge secret to keep, but I think having MSE to share with helps.
If you did get any calls, having a ready made excuse for your folks might help, e.g. the bank messed up with my direct debits, I think they are chasing it up, or they have been trying to persuede me to take out a credit card or something ?
Don't forget the DMP support thread has lots of advice and a friendly shoulder if you need oneDebt -it's a fight that I'm winning, dealing with debt one day at a time.
Estimated DFD August 2018 - 2031 - now 2027 :T
Guide dog Tess, missing Scotland 2 years
DMP support no438.0 -
Hi, I personally wouldn't include the phone numbers in the email, just please remove all phone numbers. Because if they didn't have them, they now will.
Also include all future correspondence should be in writing. And maybe request stopping interest and charges. There is a very good template letter on the dmp mutual support thread that has been reposted in the last week or so, or can be found on page 115 of that thread.
Good luck.Christmas 2020 £109
I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
£60062/25384.84 - 13222.60k UE
MY DIARY http://forums.moneysavingexpert.com/showthread.php?t=47686850 -
Personally I wouldnt put so many kisses at the end of the letter!
Sorry! We must still have a laugh from time to time!This is a copy of an email I will be sending to my creditors
can someone tell me if this is ok
With regard to the above loan I would like to inform you that I am experiencing financial difficulties and started a DMP with stepchange reference number xxxxxxx.
They have my full authorisation to deal with the account and a letter has been sent out to that effect from them on the 28th march 2014.
My first payment to them will commence on the 1st May 2014.
Also I request that you remove the following numbers from your database as stapchange now deal with the account.
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
regardsI'm a greenfield sight for sore eyes, and sore eyes are just needing the light, the shapes, and the shadows of the space we share, before it splits into Thin Air.0 -
I think the email looks good, couple of things, am assuming your first payment to SC goes out on 1st May, the actual payments made by SC to the account arrive at creditors on 25th of month, so you may need to make an additional token payment & its probably worth mentioning this in email/letter.
many thanks for the tip
If the dmp payment went out after the 16th may I would but I have a tight budget, so cannot send token paymentsSealed pot member 095 SPC No 7 £578.32
sealed pot No 8 Target £750 TOTAL £1059.86:j
sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
sealed pot no 10 Target £1200 TOTAL £1209
sealed pot No 11 target £1250 total £TBC0 -
You only need to send £1 as a token, just as long as they see a payment around the time it is due they don't seem to bother you.
I'm about 6 weeks ahead of you, most have agreed to the plan, some already defaulted and I've had 2 phone calls from the same company who were as nice a pie.0 -
that was quick just had an email from Mr lender to say all contact numbers have been removed from the systemSealed pot member 095 SPC No 7 £578.32
sealed pot No 8 Target £750 TOTAL £1059.86:j
sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
sealed pot no 10 Target £1200 TOTAL £1209
sealed pot No 11 target £1250 total £TBC0 -
payday uk have put my account on hold till 12th may so it is all looking upSealed pot member 095 SPC No 7 £578.32
sealed pot No 8 Target £750 TOTAL £1059.86:j
sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
sealed pot no 10 Target £1200 TOTAL £1209
sealed pot No 11 target £1250 total £TBC0 -
Well my first payment has gone to stepchange and so far I can report that I have not received a single phonecallSealed pot member 095 SPC No 7 £578.32
sealed pot No 8 Target £750 TOTAL £1059.86:j
sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
sealed pot no 10 Target £1200 TOTAL £1209
sealed pot No 11 target £1250 total £TBC0 -
Recent new guidelines have advised creditors and DCA`s to deal with people in financial difficulties with more leniency than was maybe shown before, and they also should give you 28 days leeway to arrange repayment plans etc, so don't be surprised if the calls and letters do start, but most are system generated and will not have taken your DMP into account, if you must answer them, never do so on the phone, as you already know, write or email advising them of your DMP.
Good luck with it !!!I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Thanks sourcrates I already feel a weight off my shoulders, and thats with me keeping it from the parents.Sealed pot member 095 SPC No 7 £578.32
sealed pot No 8 Target £750 TOTAL £1059.86:j
sealed pot no 9 Target £1200 TOTAL £1073.38:cool:
sealed pot no 10 Target £1200 TOTAL £1209
sealed pot No 11 target £1250 total £TBC0
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