Hi Could i have some advice on my wife's dmp please. I have bin running it now for her for 2 & a half years with no problems paying £388 per month. There is a possibility that my wife could lose her job in 3 months time with staff cuts. if this happens i wont be able to afford paying the £388pm & only have £140pm to deal with. What i would like to ask is would i just have to renogotiate with the creditors & explain the sittuation & if so could they do anything about it . As i am worried if this does become the case they mite start throwing a wobbly when we have had no trouble for all this time & never missed a payment etc. Thanks for any advice Nick..

Thank you very much I will read them asap to see what i can do cheers..

Hi Everyone. I have 2 debts with MBNA which are comming to a end 1 for £300 left the other £400 left . Would it be worth doing a offer the clear the debt or should i just let it take its course over the next 6 months. I am not sure of any charges incuring during the time either i would have to go through all my statments from way back to fond out thanks..

Thanks for the replys I have now sent letter off yesterday how long is the avg reply? got all policy's om stanby if needed cheers.

Thanks very much I will do just that . I have asked for the bank details so i can set one up & we will see what happens from there keep you posted thanks..

Hi hope anyone can give advice. I took a loan out in 2003 with A&L for £5000 (99.47pm)in which they charged me £435.60 ppi which worked out at £7.26pm inc interest over the period of 60 months. At that time i was very ill & hadnt worked for some time & said i didnt need it but they insisted that i had to have it . Anyway during the loan i tried to cancel it but was told again if i did my loan repayments would go up so i didnt bother as it was all i could afford so i eneded up paying the loan ending in 2008. Now after joining this great forum i am wondering if i have a case i have ALL the documents of them loan even the policy for illness etc do you think i have a case for ppi? if so what can i send & where to as A&L is now Santander sorry if it sounds ovious but confused on what i can & cant do thanks..

Ok sent the 2 letters for fees reclaim. But also got 2 letters this morning from NDR my bills look the same but now they have NDRmoney as the heading & they have charged me £12 for a phone call i havent recieved what ever next.. Also went to set up internet banking as adviced & it says i need to ring up to get the details!!!

Ok Thank You Will sort it out first thing tomorrow see how it goes..

Thanks for that Would it be better to keep paying my token payments & waiting for the DCA? I will deff reclaim the fees but i am worried the Very will go out of control with these interest charges thanks..

Thanks very much for the help advice. Just wanted to ask should i also press for my interest to be frozen as every month they are putting on 39.9% interest on the account which when i pay the £50pm doesnt really do anything thanks..

Thanks for the reply. How do i reclaim the fees & int please. Also can i ask them to freeze the interest & stop the fees thanks..

Hi Everyone New to forum so i will explain best i can thanks. I have 2 debts 1 with Very (£5500 & rising) the Other with K & Co (£3200) I opened these accounts in July 2006 both on line never signed anything. I have paid min payments & sometimes more since july 2006 up to 9 months ago july 2010 when my circumstances changed & the money i had comming in was badly reduce so it ment i couldn't afford min payments due to my oldest daughter running away & finding somewhere else to live (as she was paying rent) my illness getting worse etc etc. So i explained this to both Very & K & Co and offered them £50 pm each which after reading this forum i should have done by letter. Anyway they wouldnt except this & kept rining & wrihting & in the mean time charging me £12 each for the privlidge of doing so but i do make £50pm payment's to both accounts as i wanted to show i was willing. I tried to explain by chargeing me this the debt wont come down any faster but they still carry on. Very still insisted of sticking on interest every month & say they cant stop it until they send it to a Dca & it could be months before they decide to do this . K & Co are just accepting the £50 but still get slapping on the £12 fees for each letter & phone call i don't now answer. Is there any course of action i can take? £50pm each does strech my budget but i dont want to have these debt around to long if i can help it but they don't seem to want to help me acheive this thanks for any help & advice