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Anyone heard of Money Matters?

sunnybluesky
Posts: 2 Newbie
Hi all!
We are in a DMP with Payplan and have been for 7years
This firm keep ringing us to get them to help wipe 70% of our debts off!
Has anyone heard of them and if you have please can you confirm they are just looking to charge us to go on an IVA?
Thanks
Sunny x
We are in a DMP with Payplan and have been for 7years
This firm keep ringing us to get them to help wipe 70% of our debts off!
Has anyone heard of them and if you have please can you confirm they are just looking to charge us to go on an IVA?
Thanks
Sunny x
0
Comments
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You have got it in one. Barge and pole are the words to use about these leaches.If you go down to the woods today you better not go alone.0
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sunnybluesky wrote: »Hi all!
We are in a DMP with Payplan and have been for 7years
This firm keep ringing us to get them to help wipe 70% of our debts off!
Has anyone heard of them and if you have please can you confirm they are just looking to charge us to go on an IVA?
Thanks
Sunny x
Most likely yes, that's the only way to get that much of your debt wiped, an IVA, how long have you left on your DMP ?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 -
No I haven't heard of them, but as a good rule no-one who cold calls you ever has your best interest at heart!
However a 7 year DMP already sounds as though you are in for a long haul. How much do you still owe? Have all your creditors frozen interest? How long will your DMP last?
It may be that you should investigate your other debt options. Just don't start with a cold caller!0 -
thanks everyone for your help!
We have 7 years to go and owe £26K0 -
sunnybluesky wrote: »thanks everyone for your help!
We have 7 years to go and owe £26K
Wow !! long time, have you not considered an IVA at all ?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
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