Jump to content


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3222 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

So this is a repost of a repost, as advised by dx :) - I'm afraid DAS might be my only option, took out that one payday loan and ever since i've let it spiral out of control (taken CC's to try sort myself but this backfired) To summarize: I'm Paid: £900-1000 monthly (9 week rotation +sales bonus so can vary month to month), I Owe:Wonga: 305, Payday Express: 350, Capital One: 500, Barclay Card: 400, Vanquis: 250, RBOS: 900 overdraft-- they will be charging me for this in a few months as i will be stopping any wages going into the account. Payday loan interest is the ones that are killing me, i could afford this (the monthly payments/deferments for all) until lately i had a wee sick period and got underpaid, i'm unable to get out of the arrears as well as pay the next bills (at the end of this month anyhoo)How badly does DAS affect your credit rating?, I only want to do it to freeze interest, and paying back companys in full is what i want to do, after all, i borrowed the money...i'm more than happy to give the money back. DAS meeting is on the 2nd july -- Is DAS the right option, dx is saying no, but no-one has explained an alternative, and (8) my time is runnning ouuut:P(8)- wee bit of muse! DAS- Debt Arrangement Scheme (Scots Only)

Edited by Placidbob
Link to post
Share on other sites

Das ?

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites
Das ?

 

Debt Arrangement Scheme....applicable to Scotland :-)

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Given the circumstances and your intentions with the creditors something like a DAS seems ideal to me.

 

Your alternative options are

a) self negotiating (no guarantee of freezing interest and charges)

b) debt management plan (no guarantee of freezing interest and charges although usually a good success rate)

c) sequestration/bankruptcy (probably a little extreme given the amount of debt)

Link to post
Share on other sites

Ahh gotcha. Thanks ims!

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites
They are very good. Like a DMP but gauaratee to freeze int & chgs and prevent further enforcement.

 

Thats good to know. You learn something new every day :) Makes you wonder though why ENgland and the rest of the UK don't get something like that. I would save a lot of headache and unnecessary stress on behalf of a lot of debtors.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites
Thats good to know. You learn something new every day :) Makes you wonder though why ENgland and the rest of the UK don't get something like that. I would save a lot of headache and unnecessary stress on behalf of a lot of debtors.

 

Totally agree with you there.

Link to post
Share on other sites

Thank you sequenci much appreciated:), Do you know if i'll be allowed a personal allowance under this Scheme? Smething no-one has nswered either lol. @ renegadeimp, I completely agree, write to your M.P. and try get it raised in parliment:) i'm sure it would help more than a few people down south

Link to post
Share on other sites

It's worth a shot, but i doubt the English Government would listen really. If theres no way of making money from an idea for their own back pockets, then they seem to ignore it.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites
By personal allowance I mean money for me-time* :p

 

Your financial statement should allow you a little bit of money for yourself, it's not something that's directly listed so usually we (as advisers) would try to ensure that money listed within outgoings are sufficient to cover anything that might come up. More often than not this might fall under housekeeping. For example, amoutns can be listed to cover smoking + alcohol although I must stress than these figures must be reasonable or else they could get rejected.

Link to post
Share on other sites
It's worth a shot, but i doubt the English Government would listen really. If theres no way of making money from an idea for their own back pockets, then they seem to ignore it.

 

Believe it or not there are a fair amount of MPs that are dedicated to changing things, it just takes ages. We could do with a few more taking an interest. Labour were way more progressive than the Tories are.

Link to post
Share on other sites

"Believe it or not there are a fair amount of MPs that are dedicated to changing things, it just takes ages. We could do with a few more taking an interest. Labour were way more progressive than the Tories are." How to get more people to take an interest though... that sadly is the question:/

Link to post
Share on other sites
"Believe it or not there are a fair amount of MPs that are dedicated to changing things, it just takes ages. We could do with a few more taking an interest. Labour were way more progressive than the Tories are." How to get more people to take an interest though... that sadly is the question:/

 

Extensive lobbying. Blogging. Forums. Comments on online newspaper articles. That kinda thing.

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...