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   Not making much impact on my DMP

notascooby
07-11-2007 12:53 PM

Joined: 07 Nov 2007
Posts: 2
I have been on a DMP for 18 months and I am finding I am not really making much impact on my debt. My debt stands at £56,789. None of my debts have been frozen.

Can I get some advice on what I should do.


paladin 07-11-2007 01:50 PM

Joined: 06 Jun 2007
Posts: 55
My Profile
Hi notascooby
Can you tell us how much your are paying towards your DMP. Complete the SOA as it would be useful to know what your financial position is.

P



DebtHelp
15-11-2007 09:43 PM

Joined: 15 Nov 2007
Posts: 1
What company are you with for your dmp?

Most of them charge a fee but there a some good free ones that you might want to consider



notascooby
15-11-2007 10:11 PM

Joined: 07 Nov 2007
Posts: 2
Hi debthelp
My DMP is with CCCS. I've been paying £650 a month and last time I checked my balance was about £52k. It's really disappointing when I've not missed a payment and I thought i was making an impact on my debts. At this rate I'll never pay off my debt. Does anyone have any ideas?






paladin 17-11-2007 02:43 PM

Joined: 06 Jun 2007
Posts: 55
My Profile
Hi notascooby
It strikes me that if you're not making any impact on your debt through a DMP you need to either find more money to pay into it or look for a different solution. IF you could post your SOA we'll take a look at it and see what your options are.

P





 



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