Hi there all, No idea if iv posted in right place but im new. Background history - Owe £17500 over 10 creditors which I started an IVA for with DFD in 2013. Payments were minimum possible and the IVA failed within the year. Was informed by CAB/ND I had been given really bad advice from DFD and wasn't the right option. Began a DMP with a non fee paying organisation two years ago for all 10 creditors. Two have gone AWOL and have bounced back payments to DMP and had no contact. Have been advised they will contact me when they want their money so to just wait. Other 8 creditors are being paid their share of a low payment every month. Some remain with OC, some passed to DCA. All charges and interest frozen now, all communication goes through DMP, I get statements from time to time and that's it. So got into a pickle in June this year whereby my car failed MOT, massive bill which exceeded any emergency funds greatly. Unable to borrow from anywhere else I got a payday loan. Paid back no probs end of june. Obviously as this left me hundreds short I borrowed another one in July and paid that back and another in August. Due to pay back next week for one and other end of sept start. There is 3 loans altogether. Initial amounts borrowed £300, £550, £700. I need to go back slightly, after dragging my old banger through the MOT, the head gasket blew two weeks ago. Just two months after shelling out loads of money. Got a quote to have fixed and it was £1000 best case scenario. The car isn't worth it, and would of meant yet another payday loan so I have cut my losses and the car has been scrapped. To top all this off my ex decided in July this year he would start messing around with the maintenance paid via CSA and short pay. They are currently reassessing the payments so don't know what to expect or when to expect it. I am unable to go to work at present (work community based and car essential). I have put in a claim with DWP for benefits as I have a child under the age of five and am a lone parent. So can claim income support. I cant get a car on loan as poor credit history. And I need to get out of this ridiculous borrowing trap. I wish I had not bothered to fix the car initially, and just scrapped it then. Hindsight is a wonderful thing. I am aware DMP will likely kick me off as I guess taking out the loans are classed as breaking the agreement. I agree that it was a bad thing. I was trying to do anything to stay in work! I am a single parent with two kids. But whats happened has happened. The only slightly good thing is that I have £90 additional surplus income now a month, which after taking out busfare etc then its what im not paying out for having a car. What would your advise be? To carry on paying DMP and not upset the cart with those creditors and split the £90 a month between the three payday companies? Or ring DMP and ask them if they are prepared to take on the payday loans and advise I have extra a month now? There is already seven defaults on my credit report, so im not concerned with the PDL places adding any. I was amazed they lent me any money after seeing the defaults. Two did credit searches which show up, the other one didn't. Bankruptcy is not an option as I rent and my landlord is likely to ask me to leave. IVA was not suitable. DRO, I have more than £50 a month surplus. I am happy to plod on with the DMP for the next 10-12yr. Its my debt, I want to repay it. Just wanted to see what your advice was on dealing with the PDL companies. Im expecting a lot of trouble from them and hassle but I literally cannot pay what I don't have. In your experiences will they accept £30 a month each on the above balances and help or am I facing court action? Thanks in advance : )

Hi I am currently on a DMP with Stepchange. I currently owe approx. £10,000. I have been on this since July 2007 but it is only recently that I realised I was ON a DMP. I always assumed I was on an IVA because I was talking to a Stepchange advisor who asked if I have considered bankcrupcy. As I know an IVA is the one before bankcrupcy I assumed I was on one. I did not delve into my accounts on their site as I suffered terrible depression and could not face it. I have also hidden this from my husband and Stepchange do not know I married because I do not want him to leave me so I just pay the amount to Stepchange every month using my maiden name. My question here is should I go on an IVA or stick to where I am....on the never never! also as credit files store things for 6 years will my DMP vanish from my credit file even though I will still be paying it? how does it work? sorry for being so dumb x