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Going no where

I'm on a DMP with Payplan but this doesn't seem to be helping.

Marbles/HFC are still charging me full interest PLUS late fees of £12 each month!!!!!!!!!!

I've mentioned this to payplan but haven't heard anything yet. I think I am going to write to my creditors asking them for my balance and if interest is being frozen as payplan said to me they will contact the creditor and ask about interest charges but I'm at least £4000 more in debt than my DMP shows so I'm thinking most of my creditors are still charging me!

Can I reclaim charges even if I'm in a DMP?

Comments

  • newlywed
    newlywed Posts: 8,255 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi, you don't say how long you have been on your DMP?

    It can take a few months of payments before they stop interest and charges.
    working on clearing the clutterDo I want the stuff or the space?
  • Sea78
    Sea78 Posts: 6,185 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Hi

    I've been on my DMP since March and I am still getting interest and charges on a few debt. Gradually they are reducing however, and slowly they are being referred to DCAs who seem to stop the interest a little more readily.
    When did you start the DMP? Did you have all the correct figures at the time?
    Sea xx
    CCCS DMP:Feb 07
    Total:£37,016.47 now £0 DEBT FREE FEB 14

    2022 Decluttering Campaign 49/1011
  • debrag
    debrag Posts: 3,426 Forumite
    I have been on a DMP since Feb 2006 first payment went out Mar 2006.

    I gave Payplan the latest figures I had & I think they also contacted my creditors to find this out.
  • hiya,

    not sure about reclaiming rules at all, sure someone will be along soon to help!!
    Again I know nothing excapt what I've read on here about DMPs, but there is a DMp 'mutual support thread' somewhere! xxxx
    good luck xxx
    LBM : August 2007
    my debts: less than this time last year....!
    DFW Nerd Club #706I'm Proud To Be Dealing With My Debts :D
  • newlywed
    newlywed Posts: 8,255 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think my debts went up about 2k in the first 3 months of the DMP. Then they started to stop interest and charges and settle down and since then it has been steadily going down.

    Definitely check your current amounts. Do you not have any recent statements from your creditors? Some of mine still send them. One still gives me internet banking access ;) One still lets me text for a balance update so I check most of them from time to time.

    Looking at your signature, don't forget to check what month they updated your credit report in - some creditors don't update the amounts very regularly so may be a bit behind too ;)
    working on clearing the clutterDo I want the stuff or the space?
  • debrag
    debrag Posts: 3,426 Forumite
    I checked 2 days ago & will be sending out letters with my new address + asking for lastest statement/balance today
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