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Two credit cards, two debts.
Hello. My partner has run up £11,000 in debt on two credit cards. He currently owes over just over 6000 on one which he is in arrears with and around 5400 on another which he is paying off monthly and doesn’t touch(he doesn’t have access to it). He originally got one of the credit cards to do a balance transfer but he’s…
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Default notice and affordability
So I had a loan with lendable for £5000 and made 3 payments before I could no longer afford it. It has since been sent to Lowell and each company have issued different defaults on my credit file. Lowell say I need to send them evidence that their date is wrong as they don't think it is. I had done a SAR request to Lendable…
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Unsure if this is genuine!
Hi all First time on this forum, so I hope I'm posting in the right place. I have attached a screenshot of some text messages received from a debt collection company called Marston. When googling the company the website link and phone number in the screenshot appear to match the actual company. Two reference numbers have…
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CCA Template
I have had a search but I cannot see a CCA template letter on the forum. Does one exist or perhaps a link to the best one to use. Thanks all
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Advice please
Hi all, I'm just looking for some advice. I have Autism, depression and anxiety. Due to cost of living rises, and erratic and impulsive behaviour, I have found myself in some debt. I previously had a DMP with stepchange which worked well, and a family member ended up doing partial settlements for me to settle those. My…
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PS&P - Historical Debt
Although I have heard about this forum I have never posted anything before so apologies iof I am in the wrong forum. Today I got a letter that when I first opened thought It was a premium bond win. I then saw it was from a debt collection agency PS&P. It said to contact them within seven dates of the date which was the 6th…
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Start of self managed DMP
Hi!! Having read a lot of posts and comments I’m about to start a self managed DMP. Would probably be easier to go with one of the providers like stepchange but I want the freedom to make decisions and changes along the journey. A bit concerned with the calls and letters and the stress added to it that I know will come…
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Life after bankruptcy
First time posting her ... hello! In 2022 I had to declare bankruptcy after my business failed. I had personal loans and credit cards which I'd used for the business. I'm still so ashamed that I had to declare bankruptcy. I did not have any ongoing payments to make as I was unemployed, with no chance of earning due to 18…
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Neck deep in debts
Hi i am neck deep in debts and I can't service the debts anymore i have about £70k in credit cards and loans. I was hoping to start a side hustle but that did not go as planned. I have a mortgage and i haven't missed any payments on it. I want to make a new start and bin every credit card that i have and never fall into…
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Defaulted credit card and mortgage with same lender
I am close to defaulting on a credit card with Virgin who my current mortgage is also with. Anyone have any idea how this may impact me?
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Loan to pay HMRC
Hi all. I am overdue £49k income tax. I am due other debts and am on a payment plan to RBS. They have placed default on my credit file - credit score is around 535. I need to get a loan to pay off as much of the £49k as possible asap. I earn £110k, my wife £125k. I am 50 years old. I have c.45k equity in property - £370k…
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Section 77 Discrepancy
Hi, We have made a section 77 request for an old debt my wife is being chased for via a debt collection agency. They have sent a copy of the original signed agreement where you can see some of the terms on there but not all of them as it is just 1 page of the agreement and very small, so we requested the full terms, which…
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Debt Write off and Redundancy -
hi all, has anyone had any luck with getting debts written off due to job loss? We've been informed that our business is closing in at the end of the month. Haven't worked there long enough for any decent payout and am in panic mode right now as there's still a considerable amount of debt against me. I'm looking for jobs…
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Average spend expected by creditors per household
Hello. I'm currently paying off a few debts and am looking to submit a payment review to my creditors soon. Does anyone know where I can get information on what they would expect to see in terms of average spend for my household in 2024? Prices have changed and seem incredibly unstable in so many areas so I'm really not…
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It this Unenforceable
I have “recently” received a letter from PRA who I had been
studiously ignoring for some time, however I called them back and said I didn’t
recognise the debt and asked for details. They put it on hold until 17th of March and this
letter arrived... After the obligatory panic period it slowly dawned on me
that this may be…
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Looking for some advice how to proceed
Up until now I have had no issue paying my debts however I will admit i have been living beyond my means. I have came to the realisation that I need to change my life completely. However about six week ago I was involved in an accident in my van which was my fault. The van slid on black ice and I hit a car oncoming. I am a…
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Settling My DMP but worried as I took out additional debt without telling them
Hi I have recently received a large inheritance from my late father. I contacted Stepchange to pay off my DMP balance with a lump sum. The sum has been paid, and showing in my payments, but my balance remains the same. As this is a large-ish sum, they are asking for evidence of where the sums came from them, such as my…
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Husband's name used by son to guarantee a loan
Hello, looking for help please. A debt recovery company are chasing my husband for loan repayments totalling £15000. This was apparently a loan taken out by our son in which he used my husband's name as a guarantor. My son has not paid anything back and now we are being threatened with court proceedings. We have asked for…
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change bank account
Hi, i have cancelled all my direct debits in the hope of arranging repayment plans with my creditors. I know that its advised you should change bank account if you have any debt with your current bank. I only have a small amount of debt with them and had planned just to pay this off so i didnt need to change banks,…
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Still chasing me?
Evening all, Two years ago i got into debt with 118 118 money, i owed them £1790. They then sent my account to IMS debt recovery, i asked this company would tbey accepy a F&F they agreed to 50% stating that "Jefferson Capital would accept 50% (£895) i paid this. Last month i received an email from Resolvecall stating i…