DMP Mutual Support Thread (Part 4)

maz1964

Rabbit-in-headlights wrote: »

Hi Maz - this is sooooo wrong! :mad: Maybe worth starting a new thread to draw everyone's attention to this?

I think if this goes through there will be no point in DMP's, I might as well go bankrupt if I'm going to lose my home anyway, that will be the only way to stop the nastier creditors getting more than their fair share....

nice to see that there's protection for people who owe less than £1000, though.... (wait a minute, aren't there a couple of "0"'s missing in that number???:mad:

Off to sign the petition now....


(a very unhappy bunny) Rabbit

Hiya Rabbit

i think a thread had already been started before i logged in yesterday
see below
http://forums.moneysavingexpert.com/showthread.html?t=1172777

ive had my phone call from my mp office this morning at 8.45 the mp open surgery is sat 4.10.08 so off i go to the town hall

will be interesting, mind you his secretary when i explained about the paper article, she was a little huffy oh you know what the papers write,,,,

well yes, but if it hadnt been for the papers no one would be aware, so thank you and to moneywise too

the joys of being in government,,,keep it low key until the poor paupers dont know what has hit them

have a fun day everyone

laters ciao maz;)

mouncey

Best of luck with your meeting Maz. I just hope this legislation doesn't go through or has major amendments. I'm sure the debt charities will also make some serious objections and hopefully successfully lobby to have this draconian bill thrown out.

maz1964

mouncey wrote: »

Best of luck with your meeting Maz. I just hope this legislation doesn't go through or has major amendments. I'm sure the debt charities will also make some serious objections and hopefully successfully lobby to have this draconian bill thrown out.

hiya mouncey

dont worry, im a bit of a tenacious woman when i get mad,,,lol

but thanks, we all need to either email or visit our mp,

i do know that the charities have already been speaking about this and expressing their views

ive had that first hand from the press office of one of them

but us people need to show the petition as many names as possible,

could you imagine if it got the highest ever amount of people signing it,

that in itself would send a clear enough message

spread the word guys

laters ciao maz:j

maz1964

Sorry guys back to the real thread info

update on my debts journey

battling still with mbna, but finally they are going to send my sars so they say yesterday

halifax - send a cca request as they are now going to impose interest

debenhmas/cl finance, not responded to my cca request now sending them a dispute letter and not paid them this month just to jig them up a bit

apart from all that its all coming along nicely,

take care have a fun day laters ciao maz

Jvic28

Hi Everyone,

Just a little rant. I have a Sainsburys Credit Card and after only 3ish months on the DMP they have reinstated interest. Admitedly it's only a small amount but I feel as though there was hardly any point in them stopping it in the 1st place. It now works out that every month only about £3 odd gets paid off the debt, it's gonna take ages. Boohoo!

maz1964

Jvic28 wrote: »

Hi Everyone,

Just a little rant. I have a Sainsburys Credit Card and after only 3ish months on the DMP they have reinstated interest. Admitedly it's only a small amount but I feel as though there was hardly any point in them stopping it in the 1st place. It now works out that every month only about £3 odd gets paid off the debt, it's gonna take ages. Boohoo!

Hiya Jvic28

yes i know what you mean! thats what halifax have done to me and thus only about 3.00 off my debt now too

thats why ive sent them a request for a copy of my credit card agreement, just to stir things up, im getting very rebellious in my old age

but thats the stance im now taking, they are really only helping for a short while and then they decide what they want to do

im learning more and more each day and im fed up with the moving of the goal posts

rant over - laters maz

Althea

Hi guys ... don't know if this is of any interest to anyone, but The Fool just published a small article on which banks are connected ... http://www.fool.co.uk/news/your-money/savings/2008/09/22/which-banks-are-connected.aspx?source=uemfoleml0010038

TotallyBrassic

Awaiting my cccs phone interview today..just wanted some advice re: bank overdraft.

Assuming this is lumped in with DMP, if I cancel all DD's out of this bank, can they still take payments for their own products? ie, personal loan and cc, if so this would continously put me over my arranged overdraft...or do they have to cancel DD's if I ask them too?

Confused.com

please help.

xx

Ossireo

I know HSBC wont cancel the Standing Order I have for my Personal Loan as they refuse to accept my CCCS DMP. It gets debiteed on 1st, returned on 2nd and they charge me monthly for excess overdraft and returned S/O :rolleyes: basica advice from CCCS is you just need to grin and bear it until they default the account, but I think they are enjoying charging me too much to do that :rotfl:

Not sure if this is similar to other banks and their own products. If your internet banking will allow you to cancel it then just cancel it in my opinion.

blind-as-a-bat_2

TotallyBrassic wrote: »

Awaiting my cccs phone interview today..just wanted some advice re: bank overdraft.

Assuming this is lumped in with DMP, if I cancel all DD's out of this bank, can they still take payments for their own products? ie, personal loan and cc, if so this would continously put me over my arranged overdraft...or do they have to cancel DD's if I ask them too?

Confused.com

please help.

xx

I theory no if you cancell a DD but i have seen some banks continue to take the payment claiming it is part of the agreemant

Not sure if that is either true or legal (that it can be written in the agreemant) though im afraid

They can however offset it against any money in your account eventually (after issuing a default i believe) again if there is a clause in the agreement that allows it, which i believe there usually is