Time to start a fresh.
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Really racking my brain tonight.
I started my DMP but I'm slightly regretting it. I honestly don't know what to do.
I have two smaller debts ocean finance and capital one both combined are £400. That's one DMP payment, if I can afford the dmp payment why couldn't I of paid these off? I'm really really tempted to cancel my DMP altogether and get my head in the game and focus focus focus! I want to be in control on my own debts, I don't want to feel like someone else is going to do it for me. Otherwise I think i really won't learn from it. Any advice whoever may be readingI’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
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Now you have done the DMP the damage is done so I would keep going and focus on using this time to get your budget sorted, get an emergency fund and even possibly overpay the DMP.*Dad loan - £5300 - £1700
*Virgin Credit Card - £3552.50 - £0
*Barclaycard - £0
*Total debt - £1700*
*Sinking Fund - £2000/£3000*
*Emergency Fund -£50/£2000
*Debt Repayments Pot - £0/0*
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Sarahwithlove said:Now you have done the DMP the damage is done so I would keep going and focus on using this time to get your budget sorted, get an emergency fund and even possibly overpay the DMP.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
https://forums.moneysavingexpert.com/discussion/6494873/fresh-diary-for-2024#latest0 -
Yes true but the moment one defaults that's the mark on your credit file and damage is done so if one has already defaulted you might as well stick it out in all honesty. Plus this way if anything we're to happen and your income drop for example you can get the company to help you renegotiate your payments rather than having to do them all yourself. Up to you some people prefer to do it themselves others like it to be managed for them.*Dad loan - £5300 - £1700
*Virgin Credit Card - £3552.50 - £0
*Barclaycard - £0
*Total debt - £1700*
*Sinking Fund - £2000/£3000*
*Emergency Fund -£50/£2000
*Debt Repayments Pot - £0/0*
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Sarahwithlove said:Yes true but the moment one defaults that's the mark on your credit file and damage is done so if one has already defaulted you might as well stick it out in all honesty. Plus this way if anything we're to happen and your income drop for example you can get the company to help you renegotiate your payments rather than having to do them all yourself. Up to you some people prefer to do it themselves others like it to be managed for them.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
https://forums.moneysavingexpert.com/discussion/6494873/fresh-diary-for-2024#latest0 -
Plan of action today
I know I have 4 CC under £500. Two of them are at £200 each so I'm going to pay them both outright next month if I do decide to come off the DMP and I'm going to offer F&F on two others, just seeing what they will offer.
Write to all CC and Loans and see if they will stop interest and charges.MAKE A BUDGET! I keep putting this off. I need to do it! Someone check in on me at 8pm to see if it's done 😐I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
https://forums.moneysavingexpert.com/discussion/6494873/fresh-diary-for-2024#latest1 -
To do list this evening
- clean up spare room
- Add stuff to ebay (if it's still max £1 fee)
- make fake away zinger meal!
-mop and bleach bathroom
-sort a budget!!!I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
https://forums.moneysavingexpert.com/discussion/6494873/fresh-diary-for-2024#latest1 -
just a reminder to sort your budget!!! hahaha.3
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FootyFanDan said:just a reminder to sort your budget!!! hahaha.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;JD Catalogue - £580/£700, ZopaCC £100/£200, Zable £294.65/£350 = Total Debt £974.65
The 365 Day 1p Challenge 2024 #27 £0/£671.61
Time to start a fresh. — MoneySavingExpert Forum
Time to start a Fresh part 2, 2022! — MoneySavingExpert Forum
New fresh diary for 2023! — MoneySavingExpert Forum
https://forums.moneysavingexpert.com/discussion/6494873/fresh-diary-for-2024#latest2 -
How's the budget looking? Did you get it sorted?*Dad loan - £5300 - £1700
*Virgin Credit Card - £3552.50 - £0
*Barclaycard - £0
*Total debt - £1700*
*Sinking Fund - £2000/£3000*
*Emergency Fund -£50/£2000
*Debt Repayments Pot - £0/0*
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/2
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