Beginning my DMP journey....

whattodo1967

Good luck on your journey. It was definitely the best thing we ever did. Got us out of the consolidation circle over and over again. Proud we have not had any credit since 2012, and we are 2 payments away from finishing our DMP. Cannot wait.

Shadow14uk

Quassi75 wrote: »

Best thing you can do.. I started my journey nearly 7 years ago and today I am debt free after paying back just over £31k. It can be hard, but if you work hard and keep communicating with your DMP provider, you can make it..

Wow, that's brilliant. What a great feeling!


I know, its daunting, especially when I saw the length of the DMP and the end date but then I sat and thought, hang on, I applied for another consolidation loan for around the same length of time and was declined (LBM) and then I did some sums and added up just paying the minimum payments on one card was going to take me 20+ years to clear, just that one card alone!!


I'm pleased, I have an end date which I can bring forward, I know I can. Yes my "excellent" credit score/rating is now shot but I think that's a good thing as easy access to credit has done nothing for me except bring debt since I was in my early and give me a exceedingly selfish feeling and outlook of entitlement


I'm now 38, married with 2 kids and about to become a "proper" grown up, I'm learning to budget and live within our means and bye bye the line of thinking of well I want it, whack it on a card, got it!