Consumer Credit Licence help

[FlamingParrot]

Re: Consumer Credit Licence help

I fear you may need to toughen up a bit as well judging from the above narrative. You'll be surprised how much some people you help will abuse you, and that really can hurt. They will lie and cheat to take advantage of what you are offering. If you are really as sensitive as you say above, and a perfectly acceptable comment over spelling hurts your feelings (there are spell-checkers nowadays), then you may be in for a surprise.

And you don't even need to get into managed DMPs to get that!

Out of interest, do you mind me asking exactly what training you have done?

Just for the record a DMP is not a formal debt solution either, it's an informal arrangement between creditors and debtor which can be backed out of or cancelled at any time, without notice, by either side.

Hi Labman, yes I know that a DMP is an informal arrangement I am currently studying the CPI and CPPI to qualify as an Insolvency Technician. I have not used a forum before, and was not expecting these types of reply, you are right though I do need to toughen up more. We are all on our own journey. I wish you all the best sincerely.

Presumably to eventually end up getting involved in IVAs... Another difference between a DMP and an IVA is that a DMP is not a form of insolvency, whilst an IVA is! That means an IVA is a matter of public record like BR and CCJs, unlike defaults, where only certain companies, largely those who share data with the CRAs, are allowed to search your credit files.

It is also possible to do your own DMP if you wish... There really is no need to pay for that sort of thing, if you are going to pay, you might as well use all your available money for your creditors rather than paying an IP or DMP manager. :nono:

[CleverClogs]

Re: Consumer Credit Licence help

Hi Labman, yes I know that a DMP is an informal arrangement I am currently studying the CPI and CPPI to qualify as an Insolvency Technician. I have not used a forum before, and was not expecting these types of reply, you are right though I do need to toughen up more. We are all on our own journey. I wish you all the best sincerely.

Oh dear - did you find my comment less than (sic) "tackful" ?

:violin: