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Where to start!

high debt in a DMP £45k , also have about £15k in other debt not added to DMP , any advise as to how to get extra income , I work full time , and sell what i can when i can

Comments

  • ManyWays
    ManyWays Posts: 2,311 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper

    Can you list the debts in the DMP please, current creditor name, balance? How long ago did the DMP start?

    Are the 15k of other debts since the DMP? Can you list those too? Lender name, balance.

    A combination of affordability complaints to the new debts and asking for the CCA agreement for debts sold to a debt collector may be a real help in clearing the debts a lot faster.

  • Brie
    Brie Posts: 17,160 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    actually a full statement of accounts would be best for us to advise on how to tighten up your budget. see my signature for the link.

    I do agree with ManyWays that affordibility complaints and requests for CCAs are a good idea. Particularly the first if the debt not in the DMP has come along since the DMP started.

    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:  https://lemonfool.co.uk/financecalculators/soa.php

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