Lendable - we’ll visit your home next week. What next?

GeekieGirlie

fatbelly said:

There's guy on youtube that gives advice on tv licence collection. He says if anyone visits, just say 'no thanks' and close the door.

Same applies here

True. I need to toughen up lol. 

LynchyT

Did they ever come to the house? I have a lendable loan I want to put on a DMP an scared now as my partner doesn't know about my debt

Grumpelstiltskin

LynchyT said:

Did they ever come to the house? I have a lendable loan I want to put on a DMP an scared now as my partner doesn't know about my debt

OK first thing to do is tell your partner about your debt, but tell them you are taking steps to clear it.

Is Lendable your only debt?

Have you already started a DMP? If so who with?

If someone does come to your door they are only door knockers, you can just ignore them.

If you need further help please start your own thread with full details.

ManyWays

LynchyT said:

Did they ever come to the house? I have a lendable loan I want to put on a DMP an scared now as my partner doesn't know about my debt

Most lenders are unlikely to send a debt collector round if you go through a DMP firm; the people having these warning letters have been ignoring the lender until it defaults. 

GeekieGirlie

LynchyT said:

Did they ever come to the house? I have a lendable loan I want to put on a DMP an scared now as my partner doesn't know about my debt

No they never came. I got the letter as I’d not paid and ignored all communication. So they said they’d send them just to make contact again. So I replied to the email saying you dont need to send anyone said I was experiencing financial difficulties and would be in contact with a DMP when able. Was a very brief email.  They replied back and said that they wouldn’t send anyone as id now been in contact and that if they had come they would just be there to ask me to contact them nothing more. I only emailed for my own peace of mind. They did go on to ask my situation I ignored those and each few weeks I’d reply saying situation hadn’t changed. If they did come they send a letter first to let you know when it would be. 

DankVielen

LynchyT said:

Did they ever come to the house? I have a lendable loan I want to put on a DMP an scared now as my partner doesn't know about my debt

It is not a good idea to resurrect an old post but start your own, hopefully mods will fix this.
If you want to create a DMP this is the place to be, so much great advice on here, but do it with a clear objective of either eliminating the debt with no repayments ever, reducing debt with no repayments until 40% to 60% discounts are offered once sold off.  There are a number of perquisites so get them done first.
I am probably the last person to give relationship advice, but still I advise you sit your partner down and let them know you have a debt problem but you are on top of it.
Key takeaways for them
1. They are not liable for your debt
2. Only your credit record is affected
3. Any callers at your door have no power and can be told to foxtrot oscar in the most polite way or not.
4. You do not need to engage with debt collectors
You will damage your relationship if you are not open and honest, relationships are based on trust and omission is deemed as a form of lying.
You might well find that they are in debt too or they may wish to support you so that your credit record is cleaned up in anticipation of a mortgage application.
The key thing they are going to want to hear is that there is not an underlying issue like a depression that causes spending spree behaviour on stuff you don't really want or need or a gambling problem.
Speak to relate if you need help improving communications with your partner, you can go by yourself and they will make adjustment in fees if you are in a bad financial situation.
As for door steppers, this is 2nd best way to deal with them
https://www.youtube.com/watch?v=61DsmmQozhw
Best way is to get a video doorbell and DO NOT ENGAGE, just watch them squirm and post the video on YouTube.