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snowball calculator
Can anyone recommend a snowball calculator that i can save my calculations? Have used "whatsthecost.com" but been unable to save then due. to receiving errors every time
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Help
Hi everyone, I’m hoping for some advice because this situation is becoming really overwhelming and I’m not sure what else I can do. Background: I have a debt that Drydens are dealing with on behalf of Natwest. There is no CCJ in place, and I haven’t agreed to any repayment plan yet because we’ve been going back and forth…
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ACI Debt collection agency
Hi, just looking for some advice. Anyone hd any dealings with ACI debt management company. I'm dealing with a self managed Dmp and had dealings with a few companies but this company are so difficult to deal with, I set up a standing order over the phone as they were too frustrating by email. Agreed to set up 1st of the…
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Back again - 15 years later
I posted here frequently many many years ago before I got married in my 20s with my first brush with debt, since then I’ve got married, had children, got divorced and even got on the properly ladder (all by myself I might add) I’ve had ups and downs financially but mostly kept myself afloat. I am now in my 40s and I’m…
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Random default question
So I have a loan with Admiral. We (me and hubs) are in a DMP and have been since 2022 with Stepchange. We have a lot of creditors and more debt than I care to think about but it is the Admiral loan that has caused me the headache. Im not surprised by this and at this point it is what it is but…. They never defaulted the…
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Big Debts - Considering DMP but have assets.
I owe around 25k across 4 credit cards through stupidity and overspending plus an income reduction of £700/month due to redundancy a couple of years ago. I earn only £1700/month net but am paying over £700 in repayments which isn't making a dent due to high interest, then I end up using the cards to make the end of the…
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Bad credit car finance
Hi, Does anyone know of any bad credit car finance they can recommend please?
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Parent Offering to clear debt.
Hello all, As some may be aware my long term relationship is ending and I have a lot of debt. My Mum initially was going to get a regulated BTL to buy my ex out of the house so I could stay in and pay her rent. Her financial advisor put her off the idea using figures of 6.5% mortgage and that I'd pay £915 rent (which is…
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When to make affordability complaints in the DMP process
I have just stopped paying this month. Do I need to wait for the accounts to default or should I get on with it before that? Thx
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DMP - Plan
Ive been in contact with stepchange who have advised DMP. None of my debts have defaulted - I have just missed my first payment I panicked with Stepchange and asked for breathing space (expires on 4th August). Stepchange are asking for further details such as wage slip with address etc...so has not been setup on DMP with…
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Should I close my credit card account?
Hi there. In a nutshell due to spending on essentials and other unexpected house/car bills popping up I have about £15,000 spread across four credit cards. I notice when I get my monthly credit score that i'm marked down for using more than 50% of the available credit on a card (and sometimes more than 75%). I'm managing…
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Token payments to DPC's pro's and con's
Hi all. A few of you may be aware of my situation as follows: Cabot - Fluid 2681.2 Cabot - Marbles 5737.45 Cabot - Halifax 6050.42 Lowell - Lloyds Bank 16012.2 Lowell - Capital One 7804.2 Lowell - Virgin Money 7448.09 Lowell - Lloyds Group 4723.96 Lowell - Lloyds Group 533.58 Lowell - Lloyds Group 530.62 Link - BoS 3635.38…
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Cannot produce CCA
Finally after year's of debt, i am now down to the last creditor. (A certain well know debt collection agency, has been acting on behalf of the bank in question.) The debt is over £6k. I requested a CCA, which they have now answered today, stating that the bank cannot provide a copy of the agreement. Then go onto say they…
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No choice but to consider DMP - help appreciated!
Hi, I have been reading advice on this forum for a while and I've realised that despite trying for years to repay my credit card debts I have actually just been treading water at best and now more recently getting further into debt month by month. It has been a combination of everything being more expensive post pandemic…
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DMP - the beginnings
Hi everyone, Unfortunately I’ve been in this position before (about 16 years ago) where a DMP seems the only way out so will be going down this route shortly. I’m fairly happy with the process but wanted to ask a specific question. What happens if I don’t default on all my outstanding debt? For instance, I have an AO…
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Debt / Partial Settlement / Mortgages
Hi all, I really appreciate any advice you can give me here. I've tried doing my own research but I keep seeing information which almost seems to conflict itself and I'm going in circles. In essence, before my partner and I got together she struggled financially and ended up racking up some debt. I don't know all the…
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How to check status of debt
Hi, we're starting a Self managed DMP and we're confused about one of the debts. We had a letter in December asking for the full amount to be paid but after that we've jusy had letter asking us to contact them and a letter from Wescot to say the debt has been transferred to them but as far as I can see we've not had a…
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Guidance on changing to a Self managed DMP / F&F settlements
Hi, I have a few various questions on this post, any help for any part of this post would be super appreciated. I am currently on a managed DMP and looking to end this arrangement and change to self managed. I've read around on others experiences doing so but I am finding the process a bit overwhelming and need it broken…
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DMP advice please
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…
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Barclays Overdraft, a weird experience
How do, I'm half way through my debts defaulting through my self managed DMP plan, anyway given overdrafts take an age to go through the system I thought why not contact them? (I've deliberately not contacted loans etc. to get defaults quicker which seems to be working) After speaking to their collections debt, they seemed…
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