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Help with debt collectors
Hello Hoping you can give me some advice regarding some debt collectors that are chasing me for unpaid council tax. I have outstanding council tax due and finally after a long battle with the council involved, got the bill reduced due to my children being in further and higher education and not required to pay thus meaning…
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Please can someone check my plan?
Hi all, I have completed my SOA, reviewed the last 12 months spending & set a new budget going forward. DMP is the only next step for me. I have paid up this month, and plan to cancel DDs before next payments come out. I am planning on stopping payment to my Lloyds CC which now has £7800 on, at 34.9% APR. Costs me £300+…
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Self managed Debt Management Plan
The story so far. So I found out that a Self managed Debt Management Plan was an option in dealing with my outstanding debts so I advised the debt management company I used that I would be cancelling their services in writing. I did so and their response was quite rude to be fair and I never really expected the level of…
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Default of sums act.
I was wondering if anyone could help me. So my due date was 28th feb. And I paid on the 1st march. I then looked at my statement on the 22nd march. And it was on the 8th march I received a late fee payment of £12, I didn’t realise until I scrolled and scrolled on the very bottom page I had a default sum of notice on there…
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SafetyNet
Hi, I received the below email in relation to my account which I have a balance of £31. Should i just pay the £31 off fully before the 9th April so its fully settled rather than Partially settled, what's peoples thoughts please? --------------------- Important Information from Tappily/SafetyNet Credit Dear Customer As you…
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Inhibition
How long does inhibition last as I have one and they keep renewing it every 5 years I had a citi card and was paying Regularly but then had a stroke. The debt keeps getting passed on and is now with Cabot finance. My health is really poor but the solicitor acting on their behalf said they won't accept the settlement figure…
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Debt consolidation advice
Hi. Very new to this. I have 3 credit cards. 1. £2800 2. 600 3. 2100 (£5400) i dont have any problem paying off the minimum payments every month. But i know. This is all interest. I’m looking at how i consolidate them all without an iva. I dont no the apr on them. But i think around the 26apr mark. I’d like to just get rid…
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About to begin a DMP with £53k of debt.
Hi everyone, I posted a thread a few months back discussing my financial difficulties and the solution was to hammer my credit cards before the interest periods started. Whilst I have tried to do that, our mortgage has now gone up an additional £300 a month and we have had to replace our car. The interest free periods are…
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Need advice re Step son taking out loans and getting into Debt.
Hope i have posted this thread in the right place but did not know where to put it. I need some advice please as i am starting to worry a lot about my 23 year old step son who is living with us in our home. he and i have the same name as when i met his mum some 15 years ago step was called the same 1st name as me and later…
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Inhibition
How long does inhibition last as I have one and they keep renewing it every 5 years I had a citi card and was paying Regularly but then had a stroke. The debt keeps getting passed on and is now with Cabot finance. My health is really poor but the solicitor acting on their behalf said they won't accept the settlement figure…
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David Lloyd clubs and ARC Europe
Hi there, I came into financial difficulty at the end of March last year (2023). I worked as a contractor for a friend's company and it got ended early (i didn't enforce it since I didn't want to cause any detriment to my friend and his company). I was a member of David Lloyd Clubs since January 2023. And had rarely used…
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Credit card debt
Hi everyone. I only found out 2 days ago that my husband has run up credit card debt on 3 cards. He's been paying the minimum amount on each but not making much of a dent on the debt. I'm heartbroken as I thought we were doing OK financially. I've always saved, never been in debt myself etc. We have a mortgage together…
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Help, my DMP is eating me alive! (need to save up some money while on DMP)
Hello everyone and thank you for all your activity here. Thanks to you I’ve found out that I don’t have to sell my body organs to pay my debts back. So here is my situation: I am a Polish citizen, who had a nasty last few years. Been working full time, but had to take care of my mother who got sick and that meant getting…
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DMP vs. Second Charge
I am currently in a situation, which I am quite scared about to be frank. I have never thought of ourselves as living beyond our means, but recent events would state that we have been doing it for years and now I feel trapped. I am trying to work out how to move forwards without screwing myself over further and getting in…
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Drafty line of credit
Hi. I have a drafty line of credit. Interest has racked up. Monthly payments high. Any tips to ask them for management plan and freeze charges
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DMP, IVA, DCA??? HELP!
Hi everyone, Been lurking around on these forums and posts and trying to get an idea of who is in similar position to myself. Little bit about my situation: 50k worth of CC debts, across 6 cards Shared ownership home with my wife and 2 kids (75% rent 25% mortgage) Decent car on PCP with 40 months left to pay on that I've…
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Help with where to start with this mess
I think with the start of 2024 - i need to finally acknowledge things are not ok and seek help with where to start clearing this mess. Below is SOA; [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Monthly Income Details[/b]Monthly income after tax................ 1800Partners monthly income…
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Is it time for a DMP or try to ride the storm?
Hi all, Just looking for some advice regarding my situation really. I haven't posted here before, but have regularly read the different threads and have found them very helpful. My situation is as follows: - I have been in debt of some kind since around 19 years old and have never been debt-free since this point. - Current…
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Car Finance 50%
Hi, Ive got a car on HP which im no longer able to afford. Can i hand the car back and make arrangements with the car finance company to continue to pay up to the 50% mark? Thanks.
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Advice needed regarding making offers...
Hi, sadly I am here again, after being debt free for a good few years. I hope this is the correct part of the forum to post. I have 4 credit cards, all on hold or in default and two with agencies. Next month I will have a lump sum settlement, not enough to pay all the debt off in full but to be able to make quite…