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  • FIRST POST
    • Puzzcat
    • By Puzzcat 17th Sep 13, 8:49 AM
    • 3,333Posts
    • 16,682Thanks
    Puzzcat
    Puzz tries again.. this time with claws... My DMP Journey. I will get debt free...
    • #1
    • 17th Sep 13, 8:49 AM
    Puzz tries again.. this time with claws... My DMP Journey. I will get debt free... 17th Sep 13 at 8:49 AM
    Hi,

    I'm Puzz, and I've been hanging around these dfw threads and diaries for a long time now... I've tried many times to sort out the money mess I have made but have now hopefully settled on a path that will lead me to where I wish to be...

    What I don't know is how I didnt' know about DMP's before, as I say I've been here for at least 5 years if not longer and only discovered them in my darkest place back in July.

    So this diary is to track my progress, keep me in check and maybe offer someone else some assistance along my way!

    I have been in debt my entire adult existance. I am now the wrong side of 40 and still in debt. I wouldn't say I've had my head in the sand as I can tell you exactly how much I owe and to who at any given time. I have this all written in my special money book that goes back to 2008..

    The debt has increased year on year, but slowly over the last 3 until this summer when it all caught up with me again and I realised that I had to do something now. I have tried snowballing but never had enough snow to throw the ball far enough away! And don't talk to me about consolidating.....

    Stumbling across the dmp mutual support thread, I then researched debt management plans and went onto StepChange website did the debt remedy.. and there was my answer. I have read threads 7,8 and 9 of the dmp support thread, it is a wonderful place and if you are thinking of a dmp it is a great place to start.

    My debt is huge and is going to get bigger before it gets smaller which is perfectly normal at the start of a dmp. I'm still at the sending letters and token payments stage, my new bank account is up and running and my salary switch is at the end of the month. It is at this point when my largest creditor (od/loan and cc) will be receiving the news that I don't want to do this anymore.

    I spent the money I don't deny that. I have every intention of paying it back. BUT... I have paid out a fortune in interest and I no longer feel guilty that I can't do it anymore. I will be working very hard to get my creditors to play nice with me, and am more than prepared to sharpen my claws and involve the FOS when needed.

    So that's the start.. I know a dmp isn't for everyone, I know it will trash my credit record, but I don't want credit anymore. I want to live again..

    I think that's enough waffle for one morning, and being a cat its probably time I stretched out and had a little kip... oops no I've got work to do.... maybe later...





    Christmas 2019 258 cash/70 vouchers
    I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
    60062/25694.84 - 13222.60k UE
    Pot Of Gold - owed 360
    MY DIARY -
    http://forums.moneysavingexpert.com/showthread.php?t=4768685
Page 83
    • Noella
    • By Noella 10th May 19, 9:59 AM
    • 45 Posts
    • 389 Thanks
    Noella
    FRIDAY....

    But I haven't got that Friday feeling due to probably working Sunday.. hate weekend working.. like the money mind....

    So dd's currently on her travels, they seem to be doing okay so fingers crossed for the next 6 days and then she'll be home..best get that bedroom sorted..

    Feeling a bit off/low today, had optical appointment to have a variety of tests and then had to make my home with very blurry vision and new glasses.. not a great combo.. eyes still sensitive to the light so will take it easy today and just go into the office this afternoon..

    Money News...

    Have received a very generous f & f offer of 70% discount..
    This would drop my debt down to 21k's... I do have the money, but like it being where it is, just in case... will do some thinking as the offer doesn't expire till beginning of June.. I can pay over 6 months but have so much I need to save up for with dd's new house rent/dd's 21st/my general love of saving.. etc etc...

    Did manage the treadmill the first 2 days of the week but then went a bit t*** up with shopping delivery (any excuse) and no way I could have gone on it last night.. I could hardly see it..!!!

    Still 4 times and its the 10th.. umm.. must do better...

    Right best get on with things..

    Love Puzz. x
    Originally posted by Puzzcat
    I love your posts, Puzz. You always manage to put a comical slant on whatever life throws at you. Have subscribed to your diary.

    Sorry to hear about your eye problems and I hope your vision is clearer today. Best to not try to do too much when it's like looking through a fog. My eyesight seems to have got a lot worse over a short period of time. I keep getting eyetest reminders from my optician as it's over 2 years since my last and being an OAP at last (yes getting older does have some advantages) I'm entitled to a free test every 2 years. I keep putting off making an appointment but feel my current prescription isn't right. I just have a hunch they'll tell me that I have something like macular degeneration or glaucoma or one of the other nasties. Better to know though than just worry about what it might be. My friend recently told me that her niece went for an eye test thinking she might be ready for her first pair of reading specs (at age 40) and was told she was actually going blind


    Can I ask which of your creditors made you such a good offer? I'm debt-free now at long last but have one UE debt that I'm not paying and have no intention of doing. They've started writing to me a lot recently, the tone is getting nastier, and to be honest I'd like to get them off my back by making a ridiculously low 10% F&F offer as I know some others have successfully done with UE debts. The creditor is a real pain and not known for being helpful. It's L***k. Were they the ones who made you the good offer?
    When it's raining, look for rainbows.
    When it's dark, look for stars.
    • Puzzcat
    • By Puzzcat 10th May 19, 10:35 AM
    • 3,333 Posts
    • 16,682 Thanks
    Puzzcat
    I love your posts, Puzz. You always manage to put a comical slant on whatever life throws at you. Have subscribed to your diary.

    Sorry to hear about your eye problems and I hope your vision is clearer today. Best to not try to do too much when it's like looking through a fog. My eyesight seems to have got a lot worse over a short period of time. I keep getting eyetest reminders from my optician as it's over 2 years since my last and being an OAP at last (yes getting older does have some advantages) I'm entitled to a free test every 2 years. I keep putting off making an appointment but feel my current prescription isn't right. I just have a hunch they'll tell me that I have something like macular degeneration or glaucoma or one of the other nasties. Better to know though than just worry about what it might be. My friend recently told me that her niece went for an eye test thinking she might be ready for her first pair of reading specs (at age 40) and was told she was actually going blind


    Can I ask which of your creditors made you such a good offer? I'm debt-free now at long last but have one UE debt that I'm not paying and have no intention of doing. They've started writing to me a lot recently, the tone is getting nastier, and to be honest I'd like to get them off my back by making a ridiculously low 10% F&F offer as I know some others have successfully done with UE debts. The creditor is a real pain and not known for being helpful. It's L***k. Were they the ones who made you the good offer?
    Originally posted by Noella
    Hi Noella,

    Nice to meet you...!!

    Eyes are a worry aren't they, I was expecting bad news so should be jumping for joy today.. maybe when I can see properly again I will try that.. might even burn a calorie at the same time....!!

    No my offer was from we**ot, sorry.. I hope you get a good response if you make the offer, as you say it can't hurt and if they don't accept then continue to ignore them.. as a UE debt there's not much they can do other than send pointless threatening letters.. I just ignore all my UE one's.. and don't forget if its past 6 years and you haven't made contact with them they are statute barred anyway..

    Puzz. x
    Christmas 2019 258 cash/70 vouchers
    I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
    60062/25694.84 - 13222.60k UE
    Pot Of Gold - owed 360
    MY DIARY -
    http://forums.moneysavingexpert.com/showthread.php?t=4768685
    • Puzzcat
    • By Puzzcat 17th May 19, 10:27 AM
    • 3,333 Posts
    • 16,682 Thanks
    Puzzcat
    Friday.....

    And dd's home...

    Talk about trains, planes and automobiles.. she had a taxi, 3 flights, a train and then OH picked her up.. long journey for her.. hence she's still in bed..... I also stayed up till past 1 am so was very tired yesterday and still feeling it today...... but good to have her home..


    Home working this morning and then off out this afternoon, no weekend plans.. I expect LM will want to come and stare at her sleeping granddaughter at some point!

    Money news..

    None.. not no money, just no news. .still haven't decided what to do about the f & f offer.. I fancy reducing my debt by 4K but like having my savings in the bank..... still got 2 weeks to think about it.....

    Not a lot else to report...

    Puzz. x
    Christmas 2019 258 cash/70 vouchers
    I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
    60062/25694.84 - 13222.60k UE
    Pot Of Gold - owed 360
    MY DIARY -
    http://forums.moneysavingexpert.com/showthread.php?t=4768685
    • Lifeisforliving19
    • By Lifeisforliving19 19th May 19, 1:26 PM
    • 323 Posts
    • 2,134 Thanks
    Lifeisforliving19
    Been absent for a while so been catching up again. We also had F&F offers from W*sc*t accepted, as well as C*b*t. Seems to be a lot of F&F's flying around at the moment. Wonder if Brexit has anything to do with it. I know what you mean about liking having the savings. We went with the C*b*t one and they said we could pay over 6 months, then the W*sc*t one came along and I worked out the pennies and decided we could manage it as they also said we could pay over 6 months. But then you start to think of all the other things you could do with the money...lol. I just really want to get all ours paid asap though really . I am sure you will make the right decision.
    DMP 2015 57,549, now 41,928 (27% paid)
    EF 200 Mortgage OP's this year 85

    There's a Great Big Beautiful Tomorrow, Shining at the End of Every Day!

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