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N9B defence help
Hello again! Its been almost 5years since I started my journey with the help of people on the this board and as expected things are starting to escalate now I’m getting closer to the 6year mark. I have received a court claim for a £3000 catalogue debt. I have recently requested the CCA from Reston’s in response to their…
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Paid Lowells now original creditor has taken the closed account back and reopened it, is it legal?
Due to a relationship breakdown was left with a significant amount of debt, several of these debts ended up with Lowells in early 2021. Largest account (Vanquis) was just over 4k, smallest one £18. In December 2021 Lowells agreed to accept 25% of the amounts owed in settlement (I have the emails stating I had made the last…
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Setting up DPP challenges
Hello, Sorry if this post isn’t in the right place, I’m still finding my way around the site! I’m just looking for some advice or maybe to hear from someone who’s went through a similar process. Basically I applied for a Debt Payment Programme (DPP which is a Scotland only programme) via StepChange. Proposals have been…
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not paying return costs on ebay
Morning all, after some advice, I recently sold a brand new product on ebay with pictures taken of it sealed before shipping. The buyer then contacted me to say it does not work on his car. My issue is it has been taken out of packagaing and stickers so It therefore is not classed as brand new anymore. Ebay obviously took…
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Paying off a CCJ over 6 years old
Hello and good morning! I'm currently looking for advise on clearing an old debt my partner has. The situation is a little long winded but here's a rough timeline: 2009 - partner default on credit card for around £5k - no contact made with creditor after this point and moved address 2015 Dec - CCJ issued again her, again…
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Trying to get out of debt.. DMP or lump-sum/personal agreements with creditors?
Hi, I need some help deciding if to use StepChange DMP to get out of debt or go it alone. Long story short, I struggled during, lockdown and turned to drinking, food, gambling etc... Ended up depressed and fell into a financial mess. I took out many loans, credit cards and some payday loans. I didn't tell my family and…
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New to debt, please help
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Hope this helps
Having moved my CC debts to the small remaining mortgage (BTW I know there are mixed views on this - that is not the point of this post) - I ended up £41.88 in CREDIT on one of the credit cards (I claimed back some of the cash-back they have been stashing for years). Anyhow - rather than picking up the card and buying…
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Lantern / QDR - Statute barred question.
Hello all, I've recently received a couple of letters for 3 old payday loans going back to around 2010-2013 consolidated into one balance, the first letter is from Lantern telling me they've been trying to get in touch to understand my circumstances but have failed to do so and are now referring my account to their…
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0% Purchase Credit Card Loan Payment
Hi all I'm hoping someone can help with what should be a pretty simple question. I've just managed to secure a credit card with 0% interest on purchases for 12 months. I was looking to use this to pay a lump sum on loan I have. Would the loan payment be classed as a purchase and therefore qualify for the 0% for 12mths?…
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Can a creditor find out that I now have a property on my name?
I am 40k in the hole from 2 personal loans from Lloyds that I defaulted back in 2014. They have been off my credit file for a year now and I have been paying for a few years token payments of £1 to each debt collector holding them. I am about to purchase a property and I worry about them debt collectors finding out and…
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What Small Things Will You Do This Week? 11/04/22
When we start out 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…
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plan of action / does this make sense
advice/ pointers needed please from people that understand this whole debt thing and paying it off a lot better than i do... situation is i have just shy of 27k worth of unsecured debt 20k of it dating back to 2015 thru to 2017 and all but 3 debts have fallen off my credit report. i have 9 debts with DCA of which I pay…
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Removing defaults
Hi all I have 2 defaults on my credit file one from 2015 and one from 2013, how do I go about getting these removed as now time barred? I’m worried if I contact them it will just wake them up and they’ll then start chasing me for the payment again and create another 6 years before they can be dropped off if that makes…
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£5 per month to credit card or pay off at reduced amount!
My son has a £4k debt and arranged with citizens advice to pay off at £5 a month (single dad). The company has written to him and offered a 60% discount of the overall debt if he pays it off. so he'd be paying £2400 instead of the £4000. He's wondering if he should get an interest free card and pay it off as it worries…
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Cancel high interest cards?
Hello, looking for advice whether to close unused high interest credit accounts. I have just opened a new capital one card with a limit of £5000, balance transfer for 15 months, and will keep my current sainsburys card on 0% for next 12 months. This leaves me with a lot of empty credit cards and a high credit limit, should…
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Is “national debt expert” legit
Hi! Does anyone know if this company is legit? Thank you https://nationaldebtexpert.co.uk/
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Capquest - CCJ from 2008 and How to navigate a partial settlement
Hi all, thanks in advance for any assistance! Back in the early 2000s I got into some financial difficulties, but believed I had either settled everything at this point, or it had become Statute Barred. However last July I received a letter from Capquest stating an old balance of 8k with a settlement offer around 3.5k. I…
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County court claim Help
Hi. just a bit of advise. my husband has recently been sent a county court claim for a overdraft he had years ago with his ex, we have emailed the claimant and said we are able to pay monthly and have filled in (not yet sent forms) my question is, is even we send the forms and set up a payment will my husband still be…
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What is worse when applying for a mortgage, a loan or having an overdraft?
I have got an authorised overdraft of £3000 due to being furloughed and taking unpaid leave when my mother died suddenly. We are applying for a new mortgage in a years time. I won’t be able to pay all of this off by then. So would I be better taking a loan out or keep the overdraft? What would be deemed worse to the…