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Step change Dmp

I have just started a dmp with stepchange. I have a loan with zopa and they have said they are gong to keep adding interest to the loan.  Do I just keep paying token payment to stepchange? I read on their site they may pass the debt into P2P ltd.  Will they agree with the dmp payment. Has anyone had dealings with them? 

Comments

  • fatbelly
    fatbelly Posts: 23,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    No point paying them till they freeze interest
  • LynchyT
    LynchyT Posts: 4 Newbie
    First Post
    Thanks but it's already set up and first payment  gone
  • Grumpelstiltskin
    Grumpelstiltskin Posts: 5,572 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You can cancel it, no problem.
    If you go down to the woods today you better not go alone.
  • Rob5342
    Rob5342 Posts: 2,460 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 4 March at 6:52PM
    It's normally far better if you stop paying completely and wait for defaults before starting a DMP. 
  • LynchyT
    LynchyT Posts: 4 Newbie
    First Post
    Thanks will do that. just nervous don't want the bailiffs turning up! 
  • Grumpelstiltskin
    Grumpelstiltskin Posts: 5,572 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Look forget bailiffs, they don't turn up for normal unsecured debts.
    If you go down to the woods today you better not go alone.
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