DMP mutual support thread part 13 !!

LLL24

Suseka97 wrote: »

A shiny new thread - episode 13, well I had to jump right in ]

What does this mean?

All accounts are defaulted and most will start dropping off the files in 2019 - with a couple hanging on to 2020. I can't tell you how great that'll feel :j

I defaulted on a loan in 2014 and have been paying a small amount each month to Moorcroft.

Any help gratefully recevied

sourcrates

LLL24 wrote: »

Suseka97 wrote: »

A shiny new thread - episode 13, well I had to jump right in ]

What does this mean?

All accounts are defaulted and most will start dropping off the files in 2019 - with a couple hanging on to 2020. I can't tell you how great that'll feel :j

I defaulted on a loan in 2014 and have been paying a small amount each month to Moorcroft.

Any help gratefully recevied

Means she wanted to be the first to post in the new thread, that’s all.

EmergencyNurse

General question to all. Whilst being on a DMP and coming to the end of a fixed rate mortgage term, how did the DMP affect your ability to get a decent new fixed rate deal with the same provider? Did your mortgage payments increase significantly?

Puzzcat

EmergencyNurse wrote: »

General question to all. Whilst being on a DMP and coming to the end of a fixed rate mortgage term, how did the DMP affect your ability to get a decent new fixed rate deal with the same provider? Did your mortgage payments increase significantly?

I have fixed mine twice since being on a dmp with the same provider (Nationwide) just did it online, both times my mortgage payments went down with reasonable interest rates.

Puzz

PennyLane2

Hi everyone - just wanted to give an update on how my self managed plan is going, and also ask about payday loan complaints.

So first of all, I decided a few weeks ago to switch to a self managed DMP. Decided to give myself a two month break from payments too. Happy to report this is going well so far. Heard back from most creditors via letter who were fine with everything. Still a couple yet to respond. Also ive had two more defaults which I’m pleased about. That’s 5 down and

PennyLane2

Sorry pressed post too quickly! 5 down and 3 to go is what I was saying...

Anyway the other thing is that I decided to complain to all the payday loan companies I’ve used.

Most are still looking into the complaint, but 247moneybox completely wrote off my loan (was £200 plus interest).

Mr lender came back and said they wouldn’t give me anything and then I challenged them so they’ve offered me £59. I can’t find the original emails from them but I think I borrowed about £300 - £400 plus all the interest.

Just wondered whether people think I should Push this further?

Any advice appreciated x

EmergencyNurse

Puzzcat wrote: »

I have fixed mine twice since being on a dmp with the same provider (Nationwide) just did it online, both times my mortgage payments went down with reasonable interest rates.

Puzz

Thank You, thats encouraging to know.

Suseka97

sourcrates wrote: »

LLL24 wrote: »

Means she wanted to be the first to post in the new thread, that’s all.

Yep... I did indeed and my how this thread has moved on since then.

A brief update - Link are still chasing me re the enforceable accounts and I'm still ignoring their requests until they reinstate the discount they removed when they got a chunk of money from BCard. I've now escalated this to their complaints department and have had a letter to tell me they are investigating. I won't hold my breath.

The PRA ones are still UE and from time to time I get letters asking me to set up a repayment plan of x per month offering varying degrees of discount. I just file those letters for now.

I've had to take care of a few house repair bills which have eaten into the F&F pot I had saved, so the discounts need to be good ones and Im happy to play the waiting game until its an amount I'm happy to pay. Of course I am aware that they are probably working hard to find the paperwork and I've seen others have recently had notifications from PRA to say their accounts are now enforceable - so am keeping fingers and toes crossed. But if they end up enforceable I'll simply set up a repayment plan that suits me.

Most of the debts fall off the file this year - with two slipping into mid 2020, so things are moving in the right direction.

Anyway - we've finally got rid of those awful high winds, the sky is blue and the sun is shining, so I'm off to take a stroll while it lasts. Have a great weekend my DMP buddies

Suseka97

EmergencyNurse wrote: »

General question to all. Whilst being on a DMP and coming to the end of a fixed rate mortgage term, how did the DMP affect your ability to get a decent new fixed rate deal with the same provider? Did your mortgage payments increase significantly?

Puzzcat wrote: »

I have fixed mine twice since being on a dmp with the same provider (Nationwide) just did it online, both times my mortgage payments went down with reasonable interest rates.
Puzz

Just to add to what Puzzcat has said. I also changed mine twice whilst in my DMP with my provider who is also Nationwide. I too did so online, so didn't have to speak with anyone, and both times the mortgage payments reduced. It literally took minutes and I received confirmation of the change almost instantaneously via email, followed by a hard copy confirmation a few days later.

NewbieNat

Hello

I've not posted for ages,my token payments have been paid to Stepchange for 11 months, and now it''s review time to make a larger payment. I rarely have contact from creditors and all has been comparatively stress free. However I tried to complete my review online and it was not accepted. I will call them on Monday but just wondered if this has happened to anyone else? Nothing has changed, apart from council tax & a small increase in my electricity.

Many thanks

Nat