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Can you make overpayments when on a DMP with stepchange?
dreamywings1
Posts: 420 Forumite
Im on a DMP with stepchange and they pay my creditors direct for me. Is it possible to make over payments to reduce debt when on a managed DMP?
total debt at LBM £4800
Debt as of Mar 2016 £1790 Hope to be debt free July 2016:eek:
Sealed pot challenge number 552
Debt as of Mar 2016 £1790 Hope to be debt free July 2016:eek:
Sealed pot challenge number 552
0
Comments
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No not easily which is why I left stepchange and moved to a self-managed DMP instead.Debts Jan 2014 £20,108.34 :eek:
EF #70 £0/£1000
SW 1st 4lbs0 -
Hummm, maybe then as its only really a short period of time till my debt is clear it would be more beneficial in the long run to maybe use any extra money I have and put it into a savings account......dunno what to dototal debt at LBM £4800
Debt as of Mar 2016 £1790 Hope to be debt free July 2016:eek:
Sealed pot challenge number 5520 -
As another DMPer I'd be inclined to save it for unexpected emergencies particularly if it's for a short time.:)SCP # 034
The £1000 emergency fund #590 -
Thank you. I have opened an e saver account today so hopefully I can try to save something every month xtotal debt at LBM £4800
Debt as of Mar 2016 £1790 Hope to be debt free July 2016:eek:
Sealed pot challenge number 5520
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