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!
How to manage paying off the dmp
Comments
-
Coaster23 said:Just starting to feel anxious about it all again…feels like it will be starting all the stress up again …..
There's nothing to be anxious about .You are in a great position, you are mortgage free and you could probably clear everything now with the £15k by making 57% offers. Now's the time to enjoy yourself, make CCA requests to see which debts you can ignore, and take your time making low offers to keep as much of that £15k as you can for yourself.
1 -
Thank you. The comments put in perspective. So we don’t pay anything once the CCA letters are sent? Just wait for the feedback and then make offers as necessary?0
-
Yep. Obvs start low. Maybe offer 30% on valid debts and see what the response is.0
-
Thanks so much …🤞0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards