We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Debt payment plan Scotland
scotty1971
Posts: 1,732 Forumite
Hi,
I have debt of around 25000. So I am considering a debt payment plan. One question I know it's a fixed monthly, my question is if I work overtime in a month do the payments increase?
Thanks
I have debt of around 25000. So I am considering a debt payment plan. One question I know it's a fixed monthly, my question is if I work overtime in a month do the payments increase?
Thanks
0
Comments
-
Are we talking about a basic DMP (Debt mangement plan), or a DAS (Debt arrangement scheme) ?
To be fair, the advice would be the same, your payments are based on your basic income, as overtime is never guarenteed, however the DAS is flexible when it comes to payments, I believe you can vary them, as you wish.
You would need to talk to National Debtline (Scotland) for full details.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards