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Do I consolidate
Hi, I'm looking for advise and hoping you can help. I have 3 credit cards and I've worked out to completely repay it'll probably take about 7 years. I also have an upcoming holiday and needing to pay my part which is £780. I've been offered a pre-approved loan that would cover all of these and would be repaid in 18 months.…
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Debt & Savings - What would you do?
I have made so many mistakes through my life (36 years old) regarding money that I just want to ask for some advice as I feel like I don't know where to turn to at the moment.As it stands I have a loan worth £9000 with 4 years left apr is 9.3%. This is all the debt I have now and while yes I'd rather not have it it's there…
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Informing Debt Collectors of Change of address... does it delay your debt going to statute barred?
Hi all I am currently in the process of running all of my debts (2x Loan, 4xCredit Cards and 2xOverdrafts) into default, with the intention of then letting the debts run for 6 years so they become statute barred. My debts are with 4 creditors - Barclays, Barclaycard, MBNA and Halifax. I have moved overseas so have changed…
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DMP
H just a bit of advice. I stupidly went into my DMP with SC and it started on 1st if this month. I have had a horrendous month with my elderly mother dying and my clutch going on my car after having to use the small EF fund I had on getting it through it’s MOT I now realise after finding this thread I should’ve built up a…
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What Small Things Will You Do This Week?? 18/04/22
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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Intrum UK Finance
Hi Intrum UK finance have purchased a credit card debt approx £10,000 balance and a large personal loan with a balance of £21,000 from Tesco bank. They purchased this back in January. They have been contacting me regularly and I have been advised to ignore all contact on another well known forum which I am in. I have been…
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CCJ set aside and rejecting a Tomlin Order
Hello everyone, I have a debt for £2150.90 for an overdraft with Halifax from about 10 years ago. I’ve paid off about £850 and stopped paying in 2020 due to redundancy (I did inform them of this and original debt was £3k) over the years but now I have a CCJ on my report that I want to remove. I’ll summarise below. 26.11.21…
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County claim to my address for estranged child
A county court claim has been sent to my address for my estranged child for unpaid mobile phone and credit card debts. Can I be liable and what can I do please? Thank you
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CCJ advice
I was just wondering how long a lender would have to register a CCJ? If you failed to pay a loan for example and defaulted on credit file, the lender applied for CCJ say 5 years 11 months after default was registered would that go on to your credit file for a further 6 years so credit file would be damaged for almost 12…
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Once a debt has reached CCJ stage is it worth making a final settlement offer? Mortimer Clarke
I have CCJ "Claim Form" that I need to respond in the next 7 days It's with Mortimer Clarke/ Cabot wondering if it's worth ringing them and seeing if they will take an offer. (I can borrow some money from a relative) Really rather not talk to them if I'm wasting my time - i.e if once it's at CCJ stage they don't entertain…
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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?…