Debt Management Plan - who to use?

[asdanemma]

Hi

I have gone through the figures with Zebra Money Management, Gregory Pennington and CCCS. I am 17K in debt and am now on reduced hours. I am looking at a repayment of around £230 a month which all can do but CCCS is nealry 2 years less. I am unsure of what to do - who is the best company to trust with a DMP?

Thanks

[loobyloo85]

Hi

 

I am with Payplan, and they are a company I would recommend to anyone to use. I have always had a good service from them, and have been with them over a year now. x

[asdanemma]

Thanks so much - however Payplan refused to help stating that they cannot deal with Welcome or Vanquis. I have opted for CCCS

[loobyloo85]

OK, CCCS are very similar to Payplan and also have a good success rate. I hope it works well for you x

[Ayr]

Could you not try the CAB first - as they are free - deal with loads of debt - and wont be choosy about your creditors.

[loobyloo85]

Yes CAB are very good, and can look into all different companies for you too, if it doesnt work with them. x

[diamondgirl]

I've been with CCCS nearly 2 years now and everything has gone smooth except with one creditor who took me to court, CCCS just said to me well your not going to defend it are you as you admit you owe it and told me where to fill it in and sign, never mentioned I could do it on the internet, they DO NOT want you to fight it. However I did fight it with no help from them but with the help from the caggers and with their help managed to get it struck out. One creditor has still not stopped piling the interest on and I asked them to write to them but they never informed me if they did or what the response was. I wrote to the creditor several times and they didn't even acknowledge my letter. I will eventually go after the creditor for my CCA and then over the charges when I get the time. So remember they cannot guarantee you anything but at least it is a free service and it DOES stop the creditors hounding you.

DG

[asdanemma]

Hi

I have been unfairly dismissed after 6 months of suspension.

 

My dmp is with step change and

 

they have not been paid for 2 months as I have been on half pay for sick!

 

I'd thought I'd be back at work with an apology but alas no, sacked.

 

So what can I do now.

 

My debts are about 14k,

mostly pay day lenders but they are about 2.5 k worth,

 

2x very old welcome accounts that have just gone to Aktiv Kapital,

vanquis card,

blackhorse for dfs settee,

an old orange account, and

Cabot who have taken on my very old overdraft from Lloyds. ( 10 years old)

 

I know the debts are my fault.

 

I have been paying step change for nearly 6 years but now can't.

 

My partner has no idea and I can't mention it as these came about after I was very depressed.

 

Now I've lost my job but have an excellent chance at a tribunal.

 

Shall I dro it?

 

Was bankrupt back in 2001 due to my ex boyfriend and lost my house and everything.

Can't risk being in the paper again.

 

Please help, don't say tell your partner as she will kick me out.

 

I know how unsafe I would be in that position with my illness.

Thanks in advance

[fkofilee]

Sorry to hear about whats happened.

Being honest with those around you is always good. But I do Understand.

 

Your health is most important. Can you afford £1 a month to stepchange.

You can only pay what you can afford.

[asdanemma]

I'm sure I could, I'm not entitled to benefits and step change won't take less than 100 pounds

 

 

 

Sorry to hear about whats happened.

Being honest with those around you is always good. But I do Understand.

 

Your health is most important. Can you afford £1 a month to stepchange.

You can only pay what you can afford.

[fkofilee]

are you sure stepchange wont take more?

[dx100uk]

urm..

 

have you ever questioned these debts by CCA requests?

 

the welcome debts will have LOTS of PENALTY fees reclaiming and PPI to get back I bet.

 

if any of the debt are NOT on your CRA file

then i'd consider operating a DMP yourself.

and paying them a lot less

after they pass the CCA test.

[asdanemma]

Hi

Lots of fees from welcome, they've now gone to aktiv kapital. I ccad them a few years ago and they just sent me a copy of my original documents. Think maybe scanned and on here somewhere.

Some payday loans gone from 200 to over a 1000

Shall I cca all of them?

Is that the one youd send 1 pound postal order. How do I see how much I have paid them over the years?

[asdanemma]

Some debts are missing off experian, but on the other file. Some classed as satisfied but passed to debt collection thin agencies. Totally confused now. Just want to pay back but affordable

[dx100uk]

time to fire off some CCA requests me thinks

 

if you've the welcome agreements & charges

lets get you reclaiming all those

 

dx

[asdanemma]

time to fire off some CCA requests me thinks

 

if you've the welcome agreements & charges

lets get you reclaiming all those

 

dx

I have the original agreements but not anything about charges. I didn't take ppi cos I cancelled the minute I left the showroom. Have been charged loads though.

[citizenB]

Have a word with National Debtline and enquire if you qualify for a Debt relief order ?

 

Unless you own your own home.. then I dont think you will .

[dx100uk]

i'd go get all the statements via an sar.

might be an idea to start a thread on each debt you have.

 

have you ever questioned these debts

 

and when did you take each one out

 

dx

[asdanemma]

i'd go get all the statements via an sar.

might be an idea to start a thread on each debt you have.

 

have you ever questioned these debts

 

and when did you take each one out

 

dx

Welcome car is over 10 years old.

 

Vanquis 6 years.

 

Lloyd 10 years.

 

Been paying forever.

 

Can't afford to sar all individual debts as there are about 19 of them.

[dx100uk]

IMHO you are being cash cowed on atleast 50% of those debts.

 

close the stepchange DMP

 

and we'll deal with them.

 

list all your debts please

[asdanemma]

Sorry for being thick but what's cash cowed

Some of these payday lenders below the amounts are original amount borrowed plus one month interest plus charges.

Some of them are OK

but others write to me saying nearly 1000 owed on original amount of 200 borrowed.

Also not sure about aktiv kapital taking over welcome.

just want rid add I've paid £6473 to step change already and got nowhere

1. AKTIV KAPITAL £6,163.23
   
2. CAPQUEST DEBT RE... £2,469.98
   
3. CABOT FINANCIAL ... £1,878.34
   
4. MOORCROFT DEBT R... £380.22
   
5. MARLIN FINANCIAL... £324.00
   
6. ONESYS FINANCIAL £300.00
   
7. Mr Lender ml62321227 £280.00
   
8. LENDING STREAM L... £260.00
   
9. ADEPT CREDIT SOL... £250.00
   
10. CASH ON GO LTD £233.00
    
11. 1ST STOP HOME LO... £205.00
    
12. LIQUID ADVANCE £205.00
    
13. CAPITAL FINANCE ... £195.00
    
14. MYJAR £180.00
    
15. SAFELOANS LTD £180.00
    
16. ACCESS FAST MONE... £105.00
    
17. ACTIVE SECURITIE... £200.00
    
18. AKTIV KAPITAL £454.00
    

[renegadeimp]

Youve got nowhere because you are being cashcowed big time, and theyre still adding on interest, and selling the debt on to their friends, so they can milk you dry too.

[dx100uk]

sent a CCA request and a blank PO [do NOT sign the letter] too:

1-5

17.18.

dx

 

cash cowing means you are paying a debt that might not even be owed

esp as these debts have been sold around

 

- her this punter is coughing without question - you have a go.

[asdanemma]

OK, thanks.so there is light at the end of the tunnel. I'll cca them, how much is the postal order for.

What do I do with the payday lenders

What happens after ccca'ing

[renegadeimp]

£1 per postal order per account. Send it to the company chasing you.