Capital One & HSBC DMP

piptom&AndyPandy

Hi
I was wondering whether anyone has dealt with companyies on DMP? I've just sent my letters, I was just trying to figure out the type of response I might get? I think i've been quite responsible - I quit a temp job to take a perm one - slightly less money but good bonus earning capacity.
But Id like to know how they might be respond?

Thanks

Pippa
xxx

Gemmzie

Hi Pippa, we have both on our DMP.

Capital One took a while to freeze the interest but were very happy with a pro-rata payment for six months, they recently sent a letter and we increased the payments a tad and they've accepted that for a further six months.

HSBC had to pass the debt onto their debt collection agency (DCA) before they could freeze interest, but also accepted a pro-rata payment and we've not heard from them since.

piptom&AndyPandy

Hi
Thanks - will be interesting to see what happened - i'm starting to move my DD's, haven't sent to two of my credit cards as small monthly payments - er hold on lightbuld - charging £20 min payment, and £19.56 interest mmmm

Regards
Pippa

Leixlip1

I can only echo the other posting - Capital One have been fine and were the first to agree.