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Payplan DMP - When do they take the first payment?
From the first phone call to Payplan, to create a DMP (the 45 minute phone call) How many days/weeks do they roughly take to take the first payment from your account? and is this by direct debit? or standing order?
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F&F with a CCJ
Hi all, My GF has an MBNA credit card, which she has obtained a CCJ on back in Jan 2011. The CCJ (according to the credit report) was for about £800, and it actually got to the stage where the Court wrote to her with a payment to pay then of about £180. She paid it on the doorstep to the court bailiff, and has never paid a…
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Mackenzie Hall
Hoping for some quick advice. I'm trying assist a friend in clearing some debt. They had an outstanding bill from Barclays for £1200 that I've negotiated to £300. This is all through Mackenzie Hall. When they spoke to Mackenzie Hall today they were told that the credit file would be marked as "default settled" but there…
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Just had a LBM... Help & hints welcome!
Hello all, I have hung around on MSE and the forums for some time and regularly read the articles and boards. However, it is only just about five minutes ago that I have had my light bulb moment! I have just done the budget planner thingamy-bob. Oh dear. I am in the overspend category to the tune of a few hundred quid! I…
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Stupidity strikes.... LBM!
Good evening everyone :) I have been totally stupid and let things get out of control, but last night I had my LBM. I have a lot of debt, but although I can pretty much afford it, things are always tight. We really struggle with having payments in and out all through the month, so today I have downloaded a money management…
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advice on what to expect from dmp
Hi all, I'm just about to start a dmp with stepchange and i'd like to know what to expect with regards to my creditors and how they will likely react in terms of accepting the plan etc. My creditors are: Lloyds loan:£6100 lloyds overdraft:£3000 santander loan:£450 ladder loan:£3700 moneyway loan:£15000 capital one…
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Advice with annoying debt ageny
Just to clarify things I have no idea about this debt and I have never had a bank account with barclays. The debt was supposed to have been from 1991 I have had no contact about this debt ever until the 6th January 2014 When they 1st phoned me about this debt they wouldn't even tell me when the supposed loan was taken out.…
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Full and final via pay plan
Hello, Hello, I am finally in the situation to offer full and final to my creditors thanks to the bank of mum and dad. I do have a few questions, as I am very new to this. According to Pay Plan I have £7860 left to pay, I have been offered £4000 to clear this. I have contacted PayPlan twice regarding this, and they have…
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Sarurday 17th Sunday 18th - What small DFW things are we doinng today?
When we start out on the Debt-Free Wannabe 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…
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Friday 16th May - What small DFW things will you do today?
When we start out on the Debt-Free Wannabe 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…
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Mini credit & alternative to bankrupt
Question One whats this i hear i can clear all my debts by paying for a year? If its true how do i go about this. I owe about 4k but Not One company other then wonga(yes 90% are payday loans) actually wants to know. I took out a mini credit loan of £100 to pay my car tax, Two months later it;s 1k. I'l never pay them that,…
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Free "Managing My Money" OU Course
Hey guys and gals Just wanted to share this link with you all. There are lots of free courses being run throughout the year all by reputable universities. There's one of particular interest to us all here starting on 12 May, run by the Open University, called "Managing My Money". "The course starts by giving you practical…
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Advice for legitimate HMRC VAT Debt Collection
Hi all, I was wondering if anyone here can offer advice on a VAT debt my company has. My company was setup to provide maintenance services for a single company. The company went bust and therefore our company went down with it leaving a VAT bill of around £4000. I lost my job and company and went into depression. Trying to…
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A question on statute barring
I'm aware this kinda of question probably gets asked very frequently but I was hoping somebody might be able to help me out with an answer to a question I had on statute barring. In May 2008 I entered into a finance agreement to cover an insurance policy for a business. I think I made the last payment in around the August…
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How much money do you have left
Hi All - I am new to this so please bare with me :) I have almost paid off all my debt (around £40k) and we are finally moving to our forever home!! However I am just struggling to work out what 'disposable' income I need each month. I am so used to paying off debt! By 'disposable' I mean after all bills including food and…
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help needed 1st step
Well good afternoon folks. Im hoping for some advice from people in similar situations from myself. First of all a little bit of background. Single bloke following split from my ex last year. Struggling with money although working full time earning approx 19k per year before tax. I currently have about 8k unsecured debt…
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Statute Barred??
Hi - I wonder if anyone can help me. I have a so called debt and have DCA chasing me. The original debt was created from an administration charge for a chaser letter which crossed with a payment for goods. The debt was originally created in January 2008 in the sum of £12 but is now £143. Since 2008 I have had numerous…
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Help with experian credit report
It's been a while since I've looked at my credit report so thought it was about time I had a nosey. I registered towards the beginning of the week and received my pin today. I've had a look and apparently my score is excellent but none of my old debts are showing on there. I have two loans that I paid off years ago and one…
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DMP - will extra payments to one creditor cause problems
We are about 30 months into our 9yr DMP.. We added all our creditors on from the start, and most of them are £15k loan, £10k, £5k, 6k, £4k, all credit cards etc, all in multiple thousands, but we also had only £650 on an Argos card and added that too.. Because of they way the payment from stepchange is split pro rata, all…
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Full and Final Settlement - desperate
Hi All, OK, my situation is this. I have recently become aware that my GF has debts of (according to her credit file) £11,000 across several different creditors (overdraft, credit cards and store cards) These were all driven up in approx 2009, when she lost her job, and things were going wrong in her personal life. She…