Help im new, which DMP company?

gillyboss

now ive spoken to a few

W3 Debt Solutions
Debt Angel
Chase Saunders
Payplan

and really not sure who to go for as they all make it really sound alright, but im worried i could be payin off my dmp for years if not forever with some the fees they charge as they have quoted different amounts of what my monthly payment could be....

im pretty sure i dont want to have to do an IVA.

any ideas or experiences with the above? or any reccomendations...

Snaggles

Payplan without a doubt, or the CCCS - they do for free what the others will charge you a fortune for.

MadDogWoman_2

Hi

There are Debt Charities that do DMP's without charging, I'm with the Consumer Credit Counselling Service.

MadDogWoman

fermi

Payplan or CCCS are generally recommended here.

• [SIZE=-1]The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 [/SIZE]
• [SIZE=-1]Payplan - Tel: 0800 917 7823.[/SIZE]

Most of the others will take a large chunk of the money you pay to line their own pockets. Going with a company that charges a fee will result in either less money going to pay off your debts every month. or you paying more to achieve the same result.

Payplan and CCCS offer just as good a service (many many say a lot better) than the fee charging companies as well. Plus they can give genuinely impartial advice on your best option/approach to dealing with your debts (DMP or otherwise).

No-brainer really.............

Newgirl_2

Agree with the others, you should not go with a company that charge you to run your DMP until you have tried the CCCS or Payplan - with them, all your money goes towards your debts.

We are with CCCS and they have been fantastic

Newgirl

spud30

Another happy CCCS customer here

scooterwife

same here. CCCS have been really helpful.

jo_wales

go with the cccs, they are free and very good. I owe £44k and I pay them £150 a month. They will work you out a fair budget based on court standards, will deal with all your creditors and review you each year. If you have any letters in the meantime tell them you are in the process of setting up your plan with the CCCS. Once the plan is in place you can refer any creditors to the CCCS, just make sure any letters you get from the creditors you send off to the CCCS and they will take care of everything.

All the best to you

Sagaris

Yep - another CCCS fan here - my OH is with them and I've recommended them to others who have also been pleased with them.