none of it, the limit is £2,500.00 and it is reducing by £65 per month

the Halifax card is around 4 years old but the MBNA one is less than a year old (has 4 years interest free)

They are all aware that you're in a DMP, and have stopped all interest?

Yes i believe so all letters and emails have stopped etc. And my plan is live

hi thanks for your reply, I have looked in the debt collection library but nothing jumps out at me.

Do I need to write to each lender a letter asking for F&F and is there a template for this?

They are all owned by the creditors and I haven't seen a default - just the 'late payment' showing at the min... the DMP is young though only 3/4 months old

Hi all I am after some advice.

I am currently on a DMP through Step Change and I have been paying £422 a month for about 3 months now.

I am due to inherit some money so I want advice on paying the debts or ‘settling them’ as I have seen in previous posts. Full and final is what I have seen crop up a lot.

The balances are as follows;

£27,814.00 – Sainsburys Loan showing as ‘1 month late’ on my credit report

£2,265.00 – Halifax Overdraft

£2,028.13 – Halifax Credit Card

£3,826.00 – MBNA Credit Card showing as ‘1 month late’ on my credit report

I have seen posts about offering 20% to each firm, can someone point me in the right direction for templates ect. or advise what I they recommend I should do.

If I can get them all settled and get myself off the DMP how long will my credit file be effected for?

Thanks, Sam