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The start of a long journey…
jannej79
Posts: 14
Forumite
So over the last week I had bitten the bullet and started on my journey to hopefully clearing some debt through a DMP.
I am based in Scotland and have approx £26k on 3 credit cards and next directory.
My budget only allows £98 for SC to share amongst my creditors
I am nervous that this is too low to be accepted but I couldn’t stretch any further
I will be cancelling my direct debits tomorrow and sending the letters to advise them I am seeking help.
Stepchange were not wanting to advise in so many words how long to take to send my document back but I got the impressions she was advising me to wait a few weeks.
my main concern is the letters and phone calls but mostly if an actual sheriff officer will call?
does anybody have any experience with these specific lenders.
I hope to update as I go along, I know it has to get harder before it gets easier.
fingers crossed
I am based in Scotland and have approx £26k on 3 credit cards and next directory.
My budget only allows £98 for SC to share amongst my creditors
I am nervous that this is too low to be accepted but I couldn’t stretch any further
I will be cancelling my direct debits tomorrow and sending the letters to advise them I am seeking help.
Stepchange were not wanting to advise in so many words how long to take to send my document back but I got the impressions she was advising me to wait a few weeks.
my main concern is the letters and phone calls but mostly if an actual sheriff officer will call?
does anybody have any experience with these specific lenders.
I hope to update as I go along, I know it has to get harder before it gets easier.
fingers crossed
0
Comments
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hi, I've no advice sorry as I can't go through a DMP due to my job, but just wanted to say good luck. even if the amount is small it's much better than nothing.
LBM 24/07/2021
Overdraft 600/550 Personal loan £6900Credit card debt total:
Jul21 £5542 Aug21 £4537
Tesco 34% paid in full 30/07/21 😊Vanquis 39% Aprpaid in full 04/08/21
Aug NSD 10/2
1 -
You're in the diary part of this bit of the forum. If you post on the main debt free wannabe page you may get more/better advice. Good luck.0
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How did you get on please? I have just applied for a DMP today. I have approx £8k of debt and can only really afford £60PM, did they accept yours? one of mine is with Next directory0
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