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Cabot threatening to visit
I have a few accounts with Cabot that I have been paying regularly every month over many years, never missing a payment. Within the last few weeks they have been constantly trying to call me between 8 and 9 every morning and then leaving a voicemail when I don't answer. I tend to avoid answering calls anyway as I'm…
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Debt Recovery Firm Chasing, But No Prior Correspondence?
Good Afternoon, I've recently received a voicemail and two text messages from Trace Debt Recovery UK. The voicemail was received on the 5th September and was an automated voice stating 'this is a call from the Trace Group about some existing business you have with us. Please call us back on 01604 300540 or visit us at…
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Cabot advice
Morning all my halifax defaulfed a year ago and been paying cabot £20 a month. They have written to me to say they want me to do a budget again to try pay more Do i need to do this? I have offered to pay £30 now but there still asling me to do a budget thanks all
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Self Managed DMP Account Sold
Looking for help with the next steps Shop Direct - default notices been arriving since last payment in February. But no official default yet. Letter today to say the account has been SOLD to ACI Do I go ahead and start payments with them ?
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Debt & Defaulting. The Process...
Hi all, Been a lurker here for sometime. Great forum with the most useful advice! My story is similar to many others... Over several years I have got in to debt, consolidated. Got in more debt consolidated. Rinse & repeat... Its now come to the point I can't cover repayments. I am hoping to follow the advice i've read on…
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Business loan PG being enforced - Solaris debt collectors demanding payment or court - help!
My business used Capital on Tap for a loan. Unfortunately, the business went downhill as a result of the COVID Lockdowns, and I’ve received a letter from Solaris Law, representing Capital on Tap, informing me that they intend to pursue me personally due to a personal guarantee I signed. (I don’t recall any mention of a…
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What small things will you do this week? W/C 8th September
When we start on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards, and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when in…
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Desperately need debt help
Firstly I am new to forums and think I accidentally posted this in the wrong place! I will try again… I would really appreciate some advice on how to get out of the massive debt I’ve got myself in. I am meeting minimum payments each month and have no missed payments. However my minimums are ridiculously high and my monthly…
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12 year old MBNA Debt
Hi. I was really careless with money and got into difficulty with an MBNA credit card. My limit was £3000 which in my opinion was paid three times over. Last interaction with MBNA was approximately 12 years ago when debt was sold to PRA Group who over the years failed to provide any paperwork. I received letter from PRA…
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Default notice advice please.
This discussion was created from comments split from: Waiting for defaults.
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Does a guarantor transfer when a debt is sold?
My daughter recently completed her first year at Uni where she stayed at a halls, and I had to co sign her contract as guarantor. She met her boyfriend who lives and works locally soon into the course and when she finished year1 they decided to flat share together in year 2, and they went staright ahead and rented from…
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Notice of Default or Default Notice
Hi, all. My name is Shem and I am on the begining of my DMP journey.The time came for me to ask for help. My question is: Is this letter from Zopa (below) an official letter informing me about defaulting my account or just another letter before they will do it?It looks official and has this line about Consumer Credit Act…
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Lendable Debt Payment
Hi All, I currently owe £3400ish to Lendable. I probably made quite a few mistakes with my approach with them. The original agreement was £110 but due to circumstances I wasn't able to maintain that past the first few months. I've been paying them £36.66 per month for the past 4 or so years with no interest as agreed by…
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Soft seaches by Lendable, not instigated by me.
Good morning to you all, I had two accounts with Lendable. They were both defaulted
in March 2025. I have heard nothing since from Lendable, other than emails
each month asking me to reinstate my DD, which I believe are computer generated. Credit Karma has just notified me of some ‘soft searches’ on my
credit file. Upon…
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Link threat of legal action
Hi, I would really appreciate some advice. I was in a DMP from 2012 to 2020, I wrote to all creditors in 2020 asking for the CCA, none of them could produce. Some accepted F&F, some didn't. Of those that didn't I've either heard no more, or had the odd text/email/letter letting me know the debt is still outstanding. Link…
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Best response to Cabot Financial when they say they are unable to provide me with the CCA?
Hi, hope everyone is having a good Friday so far. I am 6 years into a DMP, (managed by PayPlan). My defaulted accounts from 2019 and early 2020 are gradually starting to drop off my credit files now, so things are finally starting to look positive again (and I have paid off almost £38k of debt). I will be in a position to…
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Letter regarding a home visit
I had a loan from over 10 years which is statute barred, Ive made no payment, no had any contact for well over 6 years. Its not on my credit file, no CCJs, I thought it was the end of it. Its been passed to a new debt collectors ACI, who after a few letters have now said they are going to send a company called Verify to…
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Which Debt to Default on
Hello, I have 4 credit debts totalling £12k, 3 loans £18k. So I was
made redundant earlier on the year and been behind the payments and recently
secured a 6 month temp role on a much lesser pay. The current arrears and minimum payment is equivalent to my
monthly pay minus the basic expense like food, travel,…
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Help with link financial. Just 6 wks left till statute barred
Hi, I desperately need some advice. I recently received a letter from link financial saying I have 14 days to respond before my account is passed to Kearns solicitors. I have 5 days left to respond. I’m not entirely sure about the debt they’re referring to - I don’t recognise the amount and the only card I ever had with…
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PO Boxes
Hi all, what are the disadvantages (if any) of having a PO Box registered as your address with regards to receiving letters from collection agencies?
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