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!
Newbie looking for help
Comments
-
As you are in Scotland StepChange or Payplan are likely to recommend a DAS which is sometimes called a Debt payment programme (DPP) https://www.mygov.scot/what-is-das , this is a more formal version of a DMP only available in Scotland that prevents any action from being taken against you or your house.
(Payplan may suggest an IVA but with a mortgage increase coming up it may not be a good idea at all, and you would have to look at getting a secured loan in the last year of the IVA.)
In a DAS you can make affordability complaints and TSB appears to have loaned you a lot of money. getting any refunds would reduce the debts in the DAS so it ends sooner.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.6K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.6K Work, Benefits & Business
- 601.6K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards