Engagement ring on dmp

Johnboy881

Would it breach the terms of a dmp getting a engagement ring on finance if worked out affordable?

MovingForwards

You are not supposed to take on more credit if in a DMP as all your spare money should be going to your creditors.

If you are in a DMP you may not even get accepted for finance.

If you have spare money why not save it up and by the ring?

If she loves you, she will be happy with any engagement ring. I assume she knows you are paying debts off?

NaughtiusMaximus

Words fail me. You're on a DMP and you're seriously considering taking on further debt for something as frivolous as this???

MovingForwards wrote: »

If she loves you, she will be happy with any engagement ring. I assume she knows you are paying debts off?

Quite, buy a cheap engagement ring now, wait until you're debt free before getting married THEN splash out on a beautfiul expensive ring when you're in a position to afford it.

Willing2Learn

Johnboy881 wrote: »

Would it breach the terms of a dmp getting a engagement ring on finance if worked out affordable?

Just to confirm. There are no DMP terms for you to breach. A DMP a just an informal payment scheme.

[Deleted User]

School holidays people.

Lets not forget...

DCFC79

Johnboy881 wrote: »

Would it breach the terms of a dmp getting a engagement ring on finance if worked out affordable?

Yes entirely.


If you can afford the finance for a ring then why be on a dmp ?
Your either on a dmp as you cant manage or your not, cant be both.

!!! wrote: »

School holidays people.

Lets not forget...

I would agree with you but I'm going to be undecided.

[Deleted User]

Most ridiculous post I've seen since I read last year someone struggling with debt was buying personalised number plate for 7K