Quick question re: DMP
Shamed&Scared
Forumite 12 Posts
Hello
Just a quick question as I am at work. Following advice decided against even looking at a loan.
My question is, is it better for me to try and contact my creditors myself and speak to them regards payments and try and arrange a payment plan with them or is a DMP more appropriate as a debt advisor has more experience ?
Sorry if this is a dumb question
Just a quick question as I am at work. Following advice decided against even looking at a loan.
My question is, is it better for me to try and contact my creditors myself and speak to them regards payments and try and arrange a payment plan with them or is a DMP more appropriate as a debt advisor has more experience ?
Sorry if this is a dumb question
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Not a dumb question at all. Some folks do self manage a DMP and others use the likes of StepChange to deal with their DMP.
I suppose it may depend on how confident / able a person is in handling or dealing with creditors.
If you haven't already done so I would seek FREE advice from the likes of StepChange or your local CAB Money advice team. There are other options available other than a DMP and they would help you to find and explore these options.
Hope that helps and good luck.
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