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Unaffordable Lending - Autism - FOS
Hello, I hope you are well. (I sometimes struggle to right coherently so I have broken my questions up into smaller questions I hope that is okay) I have autism, and generally struggle to manage my finances, due to my disability I am unable to earn a lot of money (around 22k/year). 2 years ago I signed up for a credit…
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What steps should I take?
Hello, I have about £40,000 in debt and I have been chasing my own tail down this debt spiral for 10 years, with it building up and up. I have never missed a payment in all of those 10 years and have done everything I can to keep on top of things. However, some of my cards are coming out of their interest-free periods…
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Mortgage after DMP
Hi everyone, Could anyone give me some advice please surrounding mortgages? My partner and I are presently in DMP Agreements. They have been running for around 4 years each and have a fairly small balance left. We now have funds available to us to clear them and have been exploring options for settlements/awaiting docs…
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Virgin Money debt sold but no default?
Hi all, Self managed DMP, slowly getting all the defaults… Received a letter today that advises Virgin have sold my cc debt to capquest. I received a default notice back in January from Virgin, but the actual default has not appeared on any of my credit reports yet, nor any confirmation the account has defaulted. However…
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Link Financial Settlement Offer
I'm hoping someone can assist me with this matter. I recently contacted Link Financial to propose a partial settlement of £300. They responded with the following message: I have the following questions / concerns: 1) Concerning the language used in their letter, is there a chance they might pursue me for the remaining…
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Best option clear debt and pay least intrest
I have a buy to rent flat on morgatge. Od limit 2000 remaining left 146, may need to spend £40 before I get paid getting charged 1.58 per a day intrest. Credit card 534.31 use to pay full just chnage this now to minimum Paid salary on 20th April Salary after tax £1256 Outgoing pay 550 ground rent etc ( first time as I only…
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Please help debt, death and depression :(
Hello, Been on this forums before and back again to try
again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly
3. Not working due to said small child. I live with my husband who
in theory should pay most of the bills but money has become…
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claiming fees back from Kensington ?
Kensington sold our account to Mars Capital in Feb this year , so will be offering a repayment to them as fallen into arrears of over £5,000 due me having cancer . Anyway Kensington over the years added £595 in fees even when we had a repayment agreement in place for arrears . Can we claim these fees back even though they…
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Is My Situation Completely Hopeless?
Hi All,It has been almost 10 years since I was last on this forum and I am back here looking for a way out. So basically, I have found myself in around £47,000 worth of personal debt all in credit cards. There are 5 credit cards in total. I owned a business which which did really well for years and I employed staff…
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The Best Option
Hello everyone, I’m new. I find myself with £13,898 debt. It’s affordable with monthly payments and mostly accrued during my youth. I’m in a mature position in life to now want to start clearing it as my payments on debt each month are approx £600/month. With two young children and a different lifestyle now, it’s time to…
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Best way advice please.
I have 5 grand heading my way in September, I want to use this to pay down some debts - I know it's a way ahead but it keeps me going on my journey, lol. I have 3 credit cards, all with approximately £2,000 ( at the moment) on each at 0% until mid next year. I have a car loan, by September, it will be down to £1000 - very…
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Please help debt, death and depression :(
Hello, Been on this forums before and back again to try again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly 3. Not working due to said small child. I live with my husband who in theory should pay most of the bills but money has become…
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Please help debt, death and depression :(
Hello, Been on this forums before and back again to try again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly 3. Not working due to said small child. I live with my husband who in theory should pay most of the bills but money has become…
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DMP and defaults
I've applied for a DMP with StepChange. 1. Should I have defaulted first? 2. Does default simply mean missing payments or paying less or is it other official action? 3. I regularly have made payments albeit sometimes minimum and now have stopped whilst I await DMP outcome. I'd regularly pay then reuse the credit as I'd be…
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SOA - Advice please
Hi, I've been on this forum for years and have plucked up the courage to add an SOA for people to review and provide advice. I mange my own debt management plan, but since have taken out additional credit cards which I'm really annoyed I've done so. In 2 months time my employee will be introducing a salary sacrifice car…
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Worth paying off student loan?/points on lump sum?
Trying to work out if it's worth paying back my student loan or to keep a lump sum in case? Is there any way of getting points on lump sum payments?
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HMRC Debt
Hoping someone will be able to help advise on the best way forward relating to debt with HMRC. I'm currently in a self managed DMP and the below is what is owed and monthly payments. Tax Credits Overpayment from 2016 Balance £2,500 Monthly payment of £10.00 Underpayment of tax 2020-2021 Balance £2,800 Monthly payment of…
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B136(CO)
Hi all, I need an urgent advice, in March i received an interim charging order from my creditors and i did not receive any letter prior to my interim charging order. At the moment i am waiting to hear from the court and also at the same time i am trying to negotiate with the creditors. The Co-owner has nothing to do with…
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Do I still have to pay?
* Hi, my first ever post, I have tried to search for this information in the search bar with no luck. I’m in a management plan with PRG group which was originally a debt with Santander, the debt has been sold a couple of times to different companies. * The outstanding balance is approximately £4000, I’ve been paying it…
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Advice please
Hi and hello, Just after some advice, about 3 years ago my personal circumstances changed and i lost everything, so I had to return the car I had on PCP back to the dealership. I had a relapse and was back in hospital for a few months. Upon my discharge i had help sorting out my finances and gave the finance company a ring…