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help needed 1st step
Well good afternoon folks. Im hoping for some advice from people in similar situations from myself. First of all a little bit of background. Single bloke following split from my ex last year. Struggling with money although working full time earning approx 19k per year before tax. I currently have about 8k unsecured debt…
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Statute Barred??
Hi - I wonder if anyone can help me. I have a so called debt and have DCA chasing me. The original debt was created from an administration charge for a chaser letter which crossed with a payment for goods. The debt was originally created in January 2008 in the sum of £12 but is now £143. Since 2008 I have had numerous…
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Help with experian credit report
It's been a while since I've looked at my credit report so thought it was about time I had a nosey. I registered towards the beginning of the week and received my pin today. I've had a look and apparently my score is excellent but none of my old debts are showing on there. I have two loans that I paid off years ago and one…
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DMP - will extra payments to one creditor cause problems
We are about 30 months into our 9yr DMP.. We added all our creditors on from the start, and most of them are £15k loan, £10k, £5k, 6k, £4k, all credit cards etc, all in multiple thousands, but we also had only £650 on an Argos card and added that too.. Because of they way the payment from stepchange is split pro rata, all…
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Full and Final Settlement - desperate
Hi All, OK, my situation is this. I have recently become aware that my GF has debts of (according to her credit file) £11,000 across several different creditors (overdraft, credit cards and store cards) These were all driven up in approx 2009, when she lost her job, and things were going wrong in her personal life. She…
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Loads of Debt - Nowhere to turn
Hello, I've been a regular reader of this forum over the last 5 years although this is my first post as I've come a cropper. Keen to hear what the money savers and debt free achievers out there might be able to suggest.... I've had about £22K debt over the last 4 years. £20k credit cards (x3) and £2k overdraft. It's not…
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Lump sum iva.......quick advice please
I have just contacted step change with a view to f&f payment of £4500. However they have said that as this is 23% of our debt it is unlikely to be accepted. He did say that we may be suitable for a lump sum iva however it would have a serious impact on our credit rating as it is a form of insolvency. Can anyone please help…
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Loan to pay off credit cards?
I am beyond getting upset about the level of my debt. I just don't see how I can get out of it. I have posted on here before. Maybe it is just a question of time but my two credit cards at higher percentages of interest are starting to get on top of me - between them I am currently paying around £110 per month in interest…
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Help/Advice Needed
Hi, was just looking for a little bit of advice. Average Current Wages (per month) My Job: £1200 Her Job: £1000 Total: £2200 Average Current Outgoings (per month) Rent: £575 Council Tax: £136 Electricity & Gas: £140 Water: £50 Car Insurance: £40 Car Petrol: £160 My O2: £60 Her O2: £60 My Loan: £150 Her Loan: £170 Virgin…
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Riddled with debt please help
Hi im 23, im horrendous with money as youll soon be able to see after reading this, i owe around 10 payday loan companies somewhere in the region of 5-6k i also owe 2 credit card companies around £250 each and owe friends and family and ee for my phone contract around £500 as well, iv twice started one of thos debt…
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Confused about !!!!!!
Hi, I am looking for some advice from people that have experienced the same issues dealing with defaulted accounts. My boyfriend and I were just beginning the process of applying for a mortgage. He had told me about a previous CCJ that I was expecting to still be showing on his credit report but when we actually looked…
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Advantis Credit wont update my credit file
hi everyone. Sorry about the long post but im trying to write this as clearly as i can! I had a debt of £885 from very. I lost my job and was out of work a year, I recently started a new job and wanted to clear my debts up asap. The debt from very was sold on to lowell and then to advantis credit. I rung them up and asked…
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MSE News: MSE research shows link between mental health and debt
"New research from MoneySavingExpert.com shows over a third of people who've had mental health problems, or have partners who do, have had "severe or crisis" debt..." Read the full story: MSE research shows link between mental health and debt Click reply below to discuss. If you haven’t already, join the forum to reply. If…
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Ask for reduced debt payment?
hello guys, Hoping someone could hep with this. I have been in debt for a few years. I Ignored all debt collection letters but received a letter from one of the collectors to pay a discounted amount to clear my debt. My question is should I take the offer or is this a ruse? My total debt is from 2 accounts, one a loan, the…
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Problems with Lloyds TSB Account and Reducing Overdraft
Background: I lost my job and had some mental health problems about 2 years ago and ended up in a financial black hole. I defaulted on a Black Horse (Lloyds) loan and endedup with a £3000 Lloyds overdraft in addition to a maxed Barclaycard creditcard of just over £1000 and a Halifax overdraft of £800. Since getting well…
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Thursday 15th May - What small DFW things will you do today?
When we start out on the Debt-Free Wannabe 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…
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Overpayments Calculator - Work for any kind of loan?
I was having a play with the mortgage overpayments tool earlier and I am wondering, does this work for any loan? e.g. a personal loan or car loan etc. I cant think of a reason why it shouldn't work for say a secured loan but just wanted to check... Was impressed how much an additional £50 a month can change the term of my…
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Surcharge for debit card payment
Hi from a newbie. I have a payment arrangement with Ross & Roberts, whereby I maake my payments online via their website (I will not phone them and refuse to give them my bank details). The first month I paid via our council tax department because we were under threat of a [STRIKE]scum[/STRIKE] bailiff visit and R&R hadn't…
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can I dispute amount owed to bank?
In December 2007 I had £107 of bank charges added to my Nationwide account. I had just opened a new Natwest account and the charges were comprised of: 2 × £30 - direct debit fees 1 x £30 - standing order fees 1 × £20- unauthorised overdraft I now owe Nationwide £348 because they kept adding unauthorised overdraft charges…
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Utility Investigation LCS
I got a letter asking me to provide info of my name (they don’t know), length of time at the address i just moved into (they have no clue), name of previous occupier (they have no idea), forwarding address of previous occupier (they are stumped), landlords name and telephone number (like it wasn’t already given to them by…