Started self managed DMP

[Abertawe1966]

Hi,

Last year I started my own DMP.

 

I have 4 creditors,

Barclaycard,

Likely Loans,

Capital One and

Robinson Way (2 cards with Newday).

 

Shortly after starting,

Barclaycard offered a fixed payment plan for 62 months, the amount requested was below that offered. 

 

After a further six months Capital One allowed me to use the card again.

 

Now some questions:

 

How would I put these two on my  I & E review?

 

How would the others react this?

 

Do I just carry on and just “fiddle” the figures around the above and hope they don’t notice?

 

And one other thing relating to Robson Way.

Newday passed these 2 accounts on to RW quite soon after I informed them, and I mean within weeks.

 

Also, in a communication with RW, it was mentioned these accounts won’t have a lower offer amount if repaid early.

Does this mean RW are just collecting the money so the debt doesn’t appear on Newday books?

 

Look forward to your replies

 

This post has been promoted to an article

[Andyorch]

Hi and Welcome to CAG

 

Have you received notification from Newday that the two debts have in fact been assigned or RW just chasing on their behalf ?

 

andy

[Abertawe1966]

Hi, it does say assigned in letter. But, Newday started me on a 12 month plan last June, paid on time, then had letter from Robinson Way stating the debt has been passed on shortly afterwards.

 

Ian.

 

 

[Andyorch]

Then you now deal with RW...Forget Newday.....have you ever sent any section 78 requests for the agreements on your DMP ?

[dx100uk]

CCA request every debt to whomever now owns it

check your credit file.

 

dx