DMP & Mutual Support Thread - Part 10

Growurown

jubilee14 wrote: »

Thanks TTFM i think i will look at all the options on how best to attack this as i wont have enough F&F to write BC off just now.

as you say need to be disciplined. Might opt for an official complaint as because they hadnt been charging interest till the other month i hadnt done that yet.

Might dig out the PPI and see if any joy as been putting that off and not sure it will come to anything. but got to try

This is the bit worrying me about going self managed. I didn't have a payment break. I just carried on paying where SC left off, my choice. Most of my creditors just accepted that my circumstances haven't changed since my last review with SC. Only Capital One wanted the information again. So I didn't really have to justify how much I was paying them all as again I just carried on where SC left off. I didn't tell any of them though that my big debt with Nat West had finished because I want to put all that towards getting rid of the Hellifax. I don't think a few little white lies do any harm, they will still get paid.

Growurown

Monkeyballs wrote: »

Good morrow fine Growurown,

Ok, the secret is out! I am in fact William Shakespeare... MB is a secret moniker, it's an upside down W and B for Bill

More recently I've been working on a couple of new plays, here are a few quotes;

Alas, poor Barclaycard! I knew them Growurown... and

Is this a credit card bill which I see before me? It's envelope toward my hand? Come let me shred thee...

I was considering publishing them in a hope to capture my glory days in an effort to repay mine debts.

Farewell and days greetings,

MB of S x

Good morrow Sir MB of S.

Methinks your witty words have promise. Publish and be damned, no wait a minute Shakespeare didn't say that one did he? Darn I must go get myself educated:rotfl::rotfl:

sunnyskies2

Hi all,

Have been pretty run down lately..so not been online much...but feeling better now -

Belated sorry to hear about the job Kate but yet still more good money news hopefully coming your way re:Wonga - and super news for many more

My first DMP payments have been paid and looks like still no interest and a few Defaults - all good so far, for newbies, it really is the best thing I have ever done financially. OH work van just needed £500 spent on it and we paid for it with no credit - what a fantastic feeling of maturity (at last) in taking full responsibility and managing our finances:) (btw I had made 3 months token payments and had some money saved)

Happy DMP (ing)

Sarah x

Sazzie23

sunnyskies2 wrote: »

Hi all,

Have been pretty run down lately..so not been online much...but feeling better now -

Belated sorry to hear about the job Kate but yet still more good money news hopefully coming your way re:Wonga - and super news for many more

My first DMP payments have been paid and looks like still no interest and a few Defaults - all good so far, for newbies, it really is the best thing I have ever done financially. OH work van just needed £500 spent on it and we paid for it with no credit - what a fantastic feeling of maturity (at last) in taking full responsibility and managing our finances:) (btw I had made 3 months token payments and had some money saved)

Happy DMP (ing)

Sarah x

So glad it's working out for you Sarah, I recall some really wobbly moments at the start ..now if we could just fast .forward to that DFD :rotfl:

Kate_fixing_it

Thanks Sunnyskies and sorry you've been unwell. Perhaps it's a physical reaction to the DMP and stress reduction? I know I always get a but run down when I have time off work and manage to wind down.

I doubt the wonga news will affect me, there's a SC page explaining in plain English and the criteria doesn't apply to me. I only missed one repayment date and then rolled it over and paid the following month (around LBM time) so no arrears or defaults for me. I'm just glad something is happening to tighten things up and hopefully avoid people getting into the situation I was in. A harsh lesson for meat the time which still sends cold shivers through me but I learned.

Had a very busy week and only just getting over the Liverpool weekend and the intense physio session on Monday. Just checked my bank in case the PPI has landed early - not expecting it until Monday but a girl can hope.

Keep going everyone, every single day is one day closer.

Kate x

lastdayofseptember

Hi am taking the first steps in recognising my problem. My Husband does not know but told a RL friend last night. I will also tell my parents on Monday when I see them.

Today I am ringing stepchange. I feel totally lost and bewildered and still not sure how anyone can help me but I want to try so badly.

I want to try and get everything in place I want to sort it for me then I will tell DH to say I am not expecting him to take responsibilty but this is what I have done to show I am changing that this is the end and please I would like your emotional support.

Am I on the right track? I found you all by googling debt support groups.

Phew

Kate_fixing_it

http://www.stepchange.org/Existingclients/Wongawriteoff.aspx?dm_i=VD3,2UU2C,FZW1XP,ACSNZ,1

Stepchange link to Wonga news for anyone who wants it.

Kate x

Brogden

Good Morning fellow DMP-ers

I think I will be making my signature figures look a little nicer shortly with the Wonga news? I was concerned because the debt had been sold to ARC Europe but that doesn't make any difference (it can't really can it?)

I have started a little thread on the Debt Free Wannabe board but just for a bit of 'Brogdenesque overkill' I thought I'd ask here too.........does anybody have a PDL with CFO Lending? They are not issuing new loans or engaging in any 'outbound debt collection.' It is a voluntary undertaking for the FCA. I am wondering what will happen here.......does anybody know anything? I have taken the decision to not overpay them in the old self-managed DMP and diverted the saving to the F&F fund......for the time being......

Have a great day all.

Brogdn.

Kate_fixing_it

lastdayofseptember wrote: »

Hi am taking the first steps in recognising my problem. My Husband does not know but told a RL friend last night. I will also tell my parents on Monday when I see them.

Today I am ringing stepchange. I feel totally lost and bewildered and still not sure how anyone can help me but I want to try so badly.

I want to try and get everything in place I want to sort it for me then I will tell DH to say I am not expecting him to take responsibilty but this is what I have done to show I am changing that this is the end and please I would like your emotional support.

Am I on the right track? I found you all by googling debt support groups.

Phew

Well done on getting this far :T half the battle is realising there's a problem and you need help.

similar to you I felt that I needed to prove to myself and DH that I was taking action before I told him. I suspect your OH will know something is up. Mine thought I was leaving so debt was actually a relief at first. We had a very rocky 6 months once reality sank in.

I sat DH down when the kids were at school, laid it out with a plan of action and my cards chopped up. I stupidly didn't reveal it all (didn't mention the loan) so when the poo hit the fan and the car imploded and my income dropped by £ 400 a month that caused us issues. Please don't make that mistake.

It really is better out than in. I've made it very clear that this is MY problem. It still causes some discomfort but that's me giving in to the feeling of guilt and shame and putting up walls emotionally. All I have to do is talk to him but I don't - or rather I didn't until last night when we had a talk about it as I'm now actually quite proud of how far I've come.

Rip off the plaster! It sounds like you need to have a solution ready so do it then lay the facts out. You are not a criminal you're just in a situation that has become too much to handle alone. I got to the point of believing DH would take the kids and kick me out (ridiculous! Especially as he'd made the same mistakes himself in the past!)

This thread is a massive support. I can talk debt here, I get what I need, give back what I can and I can live my real life offline without debt entering my every waking (and sleeping) thought.

Come back and let us know how you are. Whatever you are imagining I can promise it won't be that bad. Arm yourself with knowledge and a plan and go for it.

Kate x

Monkeyballs

Morning peeps!

I wonder how many people posting on the Debt Free Wannabe forum have in the past posted on the other forums (Credit cards, Loans and Credit File) and possibly even sneered at people in debt and asking for help while making the unfortunate decision to post in the wrong place?

I very much doubt any of my DMP chums would have, we all seem far to nice and relieved to get help, but I bet there are quite a few...

My point is, I think a lot of people (pre LBMers) believe that they are handling their debts and know precisely what they are doing unlike "those idiots in debt" before they actually wake up and smell the fear!

There is a stigma attached to being in debt, but I also believe that it is changing... Sure people may argue that it's irresponsible to get into debt but surely it's just as responsible to wake up, realise you have a problem that needs to be dealt with as it is to be one of those perfect people who never get into debt or always make the right decision?

Also, getting into debt and then getting out of it is one hell of a journey! Maybe it's not a fairytale but the stresses and pressure we all go through is immense, I think we all deserve a big pat on the back personally :T

You might look at your debts in the beginning and think it's the end of the world but in just a few (or more) short years you will have followed the yellow brick road, arrived at the Emerald city and be able to buy a pair of ruby reds, click your heels and BOOM!!! You're home

I know this all seems a little weird as an analogy but I think it's my new medication...

Love,

MB of G xxx