We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help with DMP (PRA Group)
Comments
-
glentoran99 wrote: »Default me, its being marked as ok, and the other defaults are 3 years in so im half way to clear record
Right, so not yet been defaulted, I suppose if that's important to you, then fair enough.
They are holding you over a barrel in that respect then.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 -
sourcrates wrote: »Right, so not yet been defaulted, I suppose if that's important to you, then fair enough.
They are holding you over a barrel in that respect then.
It is at this stage when its so close to finish line, If id of realised earlier I certainly would have stopped, but yes they have me over a barrel but for so little (compared to my overall debt) no point in another 3 years with a default marker
Ive no idea why it hasn't been defaulted, interest has been stopped and its been sold to them from MBNA, and its clearly marked as green OK, each month, but im not going to ask0 -
Thanks for the help, I will work out how much I can stretch and start at 10% and see where I get.
If let's say I can only get 2k and that would only give me 20% for each debt and it was refused by all creditors (which I'm expecting), would it be worth focusing on one of the debt to at least get one paid. Would this cause in issues when continuing my DMP?
Many thanks again!0 -
dacdesigns wrote: »Thanks for the help, I will work out how much I can stretch and start at 10% and see where I get.
If let's say I can only get 2k and that would only give me 20% for each debt and it was refused by all creditors (which I'm expecting), would it be worth focusing on one of the debt to at least get one paid. Would this cause in issues when continuing my DMP?
Many thanks again!
Not at all, if you can settle just one account, that's fine, you just tell SC that account has been settled, and remove it from your DMP, I doubt they will question you too much, if they do, just say a family member settled it for you, end of !!!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 -
I thought it was set in stone that you couldn't favour one more than the other. I did speak with StepChange earlier but didn't get much detail in the replies to my questions so thought it best to ask here.0
-
They tell you that but if the other creditors refuse the money as settlement they can't really complain if one of the others do.
The ones that didn't agree will then get a higher monthly payment so will be happy enough0 -
dacdesigns wrote: »I thought it was set in stone that you couldn't favour one more than the other. I did speak with StepChange earlier but didn't get much detail in the replies to my questions so thought it best to ask here.
Only death and taxes are set in stone dac, everything else is negotiable !!!!!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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards