Debt-free wannabe

Welcome to the DMP mutual support thread Part 13 !! Here you can find help in starting and running your DMP, self managed, Stepchange, Payplan and any other DMP all welcome here, but we do encourage you to use a free service, not one you pay for. There is help on getting interest and charges stopped, how to start with an…

If you need help with your debts, this is the thread for you. This is a new thread, as the old one was getting a tad long. Trained advisers from StepChange Debt Charity are here and waiting to answer your debt questions. They're a friendly bunch so please don't be shy! There are three ways to get in touch: 1 - Simply post…

I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…

Update December 2018. We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below. To read the most recent debt-free announcements click the double arrow above to head to the last page of the discussion Back to Martin's original…

People post on this board looking for advice on many different debt topics. However its sometimes difficult to post in the right place, so, if you are wanting general advice from our panel of regulars on your debt issues, and how to go about solving them, you create a new thread using the big red "create new" button, top…

Hi all just wanted to share some good news regarding payday loan companies..... From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20. Early this year I saw all the news…

This thread provides guidance about some good first steps you should take if you are in debt and want to get debt-free. It doesn’t matter how big or small your debt is, or whether you are comfortably paying your debts and looking for advice on where to cut back further or struggling to cover your basic needs - we are here…

Martin (Lewis) made the following announcement a few years back. But the link in the stickies is broken. Anyhow, here is what Martin said: "Dear Money savers..... Debt Free Wannabe is one of my favorite boards on this site. It's also one which runs a delicate balance. Many people who have serious debts have hidden them for…

Debt-Free Wannabe Sticky - Please read for links to important topics and help Hi folks :) This is the Debt-Free Wannabe Sticky where links to all current important tools and information will be posted. Links: (1) Those who are new to debt, and want to know where to start, check out these first steps :…

Statute barred debts and the Limitation Act Statute Barred debts. A debt will be "Statute Barred" if there has been no acknowledgement of the debt by you making a payment or in writing within the relevant limitation period. The debt would then be legally UNENFORCEABLE, unless the creditor has already taken legal action…

I need to write to PayPal but finding it hard trying to find an address within the UK to do so. has anyone done the same and could provide the address? Thanks

Hi I have been on my DMP for about 3yr now, I requested the CCA from all of my sold debts back in December 2025. Moorcroft was unable to provide a CCA for my Paypal credit account so I stopped paying them around March 2026. Fast forward to now, they have passed the debt back to Paypal on 1st October 2026. I have received a…

Good morning all, I'm feeling very embarrassed, scared and stressed about my situation and would really appreciate some advice. I have accumulated around £85,000 of unsecured debt due to terrible overspending. I suffer from ADHD and do have difficulties with money which I am trying to manage with the help of others and my…

Hi, I'm in my late 20s and have been in debt most of my adult life. Right now it's totalling £13,450 over 4 credit cards (3 are 0 interest right now) and 2 loans. I'm afraid it's going to increase over the next few months with Christmas and my cars MOT (I need the car for work). I have been working as I physically can to…

hi everyone, I have spent the last few days reading through everything on here and it has helped me feel a little more settled but I still am terrified of the future path. I have 64k of unsecured debt split between 7 creditors as below MBNA 13.5k Zopa 18.5k Nationwide 19.3k PayPal credit 6.2k Youlend 3k NatWest overdraft…

Good morning, I've been struggling with debt since 2020 and have been able to just about make things meet but I'm now in a situation where I'm no longer able to. My husband has been contributing towards my debt (as some loans etc were taken out to support our joint living costs while he was out of work) however he's now…

Sorry. I read the email a few more times and it appears NewDay have asked Arc to collect payment. They haven’t sold the debt on yet. So it’s safe to ignore Arc then and wait for the default? Hi all, NewDay have closed by account after 3 missed payments and passed the debt onto ARC Europe. I only know this because ARC…

Looking for advice/recommendations on managing my debts. In December a sizeable part of my mortgage will have been paid off meaning I will be “better off” by around £500 a month. I have significant credit card and personal loan balances plus a large overdraft. What should I prioritise in repaying off first? The credit…

Right, I don’t quite know where to begin apart from I am in desperate need of help. I’m 40’s and all of my I adult life I’ve been in debt there is now got significantly worse and I never found myself in a right mess. Currently owe around 45k which is a combination of personal debt and a business debt that which I was…

Hi all, I am not looking for concrete advice here obviously, but maybe just some insights from anyone who has experienced. I have 7 defaults on my file which are all being paid monthly (small amounts and self managed). In April next year, my latest defaults hit 3 years, and I was hoping to potentially look at buying a…

Hello, I am looking for any help or advice as to what I can do, or what may be the best thing to do, and also asking for no judgement please. I currently have 50k of debt across 5 credit cards and I am struggling to live. A few years ago I lost my husband and everything with our house was in my late husbands name, bills…

Hello, I posted back in May about possibly starting a DMP to deal with my debt once and for all. I have a total of £25,520.69 debt across 10 creditors. Following advice on this forum, I decided to stop making payments and wait until the accounts defaulted before doing anything else. I now have a very large ring binder full…

Hi all. I’m currently looking at setting up a DMP due to the amount of debt I currently have. ( over £60k ) I would just like some advice and help if possible on a few things. Having read a few posts on this forum I’ve set up a new separate bank account and my wages will now be paid into this bank. I’m currently in the…

hello I am trying to complete an SOA to inform next steps and just have some queries if anybody can help. My partner is joint owner of the property however we have been living separately for over two years due to a severe mental health crisis and during that time (and ongoing) I am paying the mortgage and all bills in our…

Hey, so I defaulted on £28000 worth of debt just over 2 years ago. I’ve set up plans with companies myself paying £90 in total a month for 5 debts. I’ve stupidly got myself into more debt since. I have a Vanquis credit card with £1190 & a Very account with £1140. I also have gotten 2 small loans which I pay £250 in total a…

Ive been trying to get clear advice from a few places but it has been conflicting. My income has recently dropped by £1000+ pm and is now made up of benefits alone. I have a mortgage 3.75% remaining term: just under 7yrs. Currently £170k equity No secured debts No arrears on priority debts Unsecured debts of £34k After…

Hi everyone, I currently have approx £6000 of credit card debt in which I don’t pay interest on it as I card tart when the interest free period is almost up. I always pay more than just the minimum payment, so the debt is coming down - just slowly. I have some savings, which would be enough to clear the debt and still have…

Hi all, have been in a self managed Dmp for a while with a few creditors but only recently added 2 x natwest loans to it. They have defaulted one loan so I have been waiting for other to default before starting payments however the collector they have gone with has put both loans together in their communication to me so…

Hey all, I've just spent hours and hours and hours reading a lot of different threads on here. It's put my mind at ease slightly as it's been affecting me a lot mentally recently. I feel I know the basics but just wanted to see if there was any advice for my specific situation. Nothing unique about how I got here.…

Hello after speaking with StepChange and Debt Camel it looks as if a DMP is my only option. I currently have 85k debt (this includes interest on loans) Monzo - £15k Updraft - £21217 Updraft - £4600 Updraft - £4000 Norvuna - £9251 Zopa -£6500 Zopa - £7300 Zopa - £6324 Catalogue - £1218 Credit card - £1300 Credit card -…