DMP & Mutual Support Thread - Part 10

Ellieseleven

Be proud of yourself Phoenixx, look at how much you have achieved in a short space of time. You have done an amazing job so far and I'm sure that your kids know this.

thebeaver

Hi all

Just wondering if anyone had had to change where they live whilst in a dmp? I'm about to attempt to rent a new place but I'm concerned defaults will be picked up on the credit checks. I started my dmp in May last year and all creditors are accepting lower payments and have frozen interest.

Thanks

Puzzcat

jools35 wrote: »

Hi, I'm new here and posted on the main board, posting here too as suggested.

Filled in the stepchange budget today and requested packs. I started it last night and when I'd completed it suggested a DDP (I'm in Scotland) but today when I added another debt it only gave DMP as an option.

I didin't notice until I'd requested the information packs. Before I start anything with them I want to make sure I take the right option and after going through all our paperwork i've found that we owe about 2k less on one loan than I thought, so that'll need to be changed too.

I suppose I'll just need to call them tomorrow and try and get a new plan set up? I've not signed or agreed anything yet.

Also, does anyone know if you just set your own date to start? I've read through this thread (not all of it...) which is amazing and I can see that many try to put some money away before starting which I think is a good idea. Can I say to Step change that I want it to start from 1 April, or 1 May and then make token payments to the creditors meantime? I know a DDP is more official and takes a bit longer to set up - does anyone here have experience of a DDP?

I feel much better today than I have in a long time and once I get this sorted i'm going to start shopping around for our utilities etc and try to save some more that way. Honestly, I just pay everything that I'm asked too and don't watch our food budget too carefully so I'm confident that if I put my mind to it I'll be able to bring our spending right down.

Also, do Stepchange look for copies of actual statements for creditors or do you just send them the account numbers and balances?

thanks in advance

Hello and welcome..


It is a really good idea to delay the start up of the dmp so you can build up a little emergency fund, so just tell stepchange the date that you would like to start. Make sure you write to all your creditors and send a token payment £1 is enough for each 28 day period until the plan starts.


SC take the payment on the 1st or 10th of the month and pay the creditors on the 25th.


I just sent a copy of a payslip and a list of account details with rough balances, they don't need copies of all your statements.


Sorry can't help on the DDP as it is only available in Scotland.. Not sure we have many scottish dmp'ers lurking... If they are I'm sure they will pop up to help!


Puzz. x

Puzzcat

phoenixx wrote: »

So I lost it with my kids today - I say 'kids' but one is 25! They are both very intolerant of me when I'm tired or working and show no understanding that I am trying to repay debts. I have explained about the DMP and what we are trying to do but they say I work too much and am always tired. I am truly upset - all came to a head today and the older one said I am crazy and need to grow up. I have gone from being so proud of myself to feeling at lowest ebb ever. I know I shouldn't have yelled at them but I am so exhausted and close to the edge. Sorry for this middle of the night ramble but at least I know there are people here who understand the misery debt brings with it and the giant effort it takes to get out.

Hello,


Sorry you had a bad day yesterday, hopefully everything is a bit brighter today..
Be proud, debt busting is hard work and often we are doing it in secret too..


Sending you a .


Keep smiling..
Love Puzz. x

Puzzcat

thebeaver wrote: »

Hi all

Just wondering if anyone had had to change where they live whilst in a dmp? I'm about to attempt to rent a new place but I'm concerned defaults will be picked up on the credit checks. I started my dmp in May last year and all creditors are accepting lower payments and have frozen interest.

Thanks

Hi Beaver,


Sorry I don't rent so don't have an answer. However if you google renting with defaults an old mse thread from 2011 asked a very similar question. Not sure if things have changed in the last 4 years but might give you some help.
Puzz. x

thebeaver

That was really helpful thank you!

I'm hoping this quote is the correct case:
"MoneySaving Convert
Default
When you the Letting Agency do a credit check, as they don't provide any financial information to the credit reference agencies the only information they can see about you is what is in the public domain. This will include ccjs, electoral registry info etc , they cannot see defaults or missed payments etc."
Fingers crossed!
Xxx

Puzzcat

thebeaver wrote: »

That was really helpful thank you!

I'm hoping this quote is the correct case:
"MoneySaving Convert
Default
When you the Letting Agency do a credit check, as they don't provide any financial information to the credit reference agencies the only information they can see about you is what is in the public domain. This will include ccjs, electoral registry info etc , they cannot see defaults or missed payments etc."
Fingers crossed!
Xxx

Yes that's the bit I thought may be helpful! Will keep my fingers crossed for you.
Puzz. x

phoenixx

spot3 wrote: »

You should be proud of yourself and I'm sure they are too. Sometimes anger is how we externalise worry, they might just be worried about you. Doesn't make it any less hurtful of course for you.

Being in debt is utterly miserable, it's all consuming and you're an inspiration for working so hard and paying it off at such a rate. You should be proud of your determination and motivation. I think it's like a lot of things - depression, divorce, bereavement etc - unless you've been there and lived it then it can be hard to understand.

Thanks spot3. You are right - it is hard to understand if you haven't been there I guess. Both of them just seem to have no empathy at all...I will keep going. It just hurts when they turn on me. Xx

phoenixx

Ellieseleven wrote: »

Be proud of yourself Phoenixx, look at how much you have achieved in a short space of time. You have done an amazing job so far and I'm sure that your kids know this.

Thanks for your kind words Ellieseleven. We are certainly trying to do our best and it's true - I am knackered but I don't moan about it. I just get worn out sometimes and frayed at the edges.

phoenixx

Puzzcat wrote: »

Hello,


Sorry you had a bad day yesterday, hopefully everything is a bit brighter today..
Be proud, debt busting is hard work and often we are doing it in secret too..


Sending you a .


Keep smiling..

Love Puzz. x

Hug very gratefully received Puzz. Pushing on with the best smile I can find. Xx:)