-
Link Financial want to know the source of my money.
I have a self managed dmp and so does wife, for about last 2.5 years , and about 6 months ago, my only creditor that never defaulted me , link financial who was assigned my aqua credit card debt, I asked for a manual default, they promised, but didn't do it . anyway cca requests were written to creditors at the same time,…
-
Loan to pay off cards
Hi I have 3k credit card debt. Three different cards different interest rates, 30.4%, 39.9% and 30% According to clear score I could be eligible for a loan which would be enough to pay these cards off (rate 39.95%) Would you do this? I want to be rid of the cards. I can cut 2 of them and keep 1 for absolute emergencies!…
-
Making a dent in overdraft
Hi all, It’s been a difficult few months I took a few loans out to pay for my dads care (he’s now palliative with not long left) I also have rent and my sons nursery. I have gone through my savings paying for care. With all the above, even when I get paid and don’t really spend on anything crazy, I find myself in…
-
DMP for £60k worth of debt...ready to tackle this!
Hi Everyone – long time lurker about to embark on my self-managed
DMP journey. The main point of my post is to explain how I’m going to go about this, for you
guys to tell me if there’s something I can do better or in a different way and
questions that I have. Are their any tips you may have to help this all go smoother? I…
-
Arrangement to pay markers
Hi, Question about AR markers. I understand that these stay on credit file for 6 years from when the account is settled, however does their impact lessen over time? For example…. 3 AR markers on account due to a 3 month money issue. Account brought back up to date and account out of AR but markers still showing in payment…
-
Moorcroft (RBS)being awkward full and final settlement
i wrote to 2 creditors, one being moorcroft who manage my RBS Credit card debt. I asked would they accept 25% and if not what would they accept moorcroft replied today saying RBS refused and they want to know if I will still be making my monthly regular payments on my dmp, plus what is the reason for my settlement, and…
-
Starting out getting debt free - feeling scared
Hello, I posted on someone else's thread of becoming debt free and their advice for starting out and got some great advice including starting my own thread so here goes: Due to my own stupid money management I got myself into a debt spiral where I now can't afford my monthly minimum payments even though I have a full-time…
-
Santander and DMP
I have recently taken out a DMP which is due to start on 1st April. Included in the DMP is my £750 overdraft with Santander, of which I had used just over £700). The bank have now removed the overdraft option but is still showing as being overdrawn. I have applied for another basic bank account with Co-op but was wondering…
-
Seeking advice for my disastrous debt
I started a thread elsewhere on MSE and somebody recommended I come and post on here for advice. In short, I have c£60k in credit cards and loan debt - I know, it's a lot. This is personal debt that I've accrued through what I've realised is a trading addiction (if anyone can recommend a charity who can help with this kind…
-
End of my DMP ! Debt free tips tricks and advice from someone who’s done it !
It’s official, as of 08.36 this morning my debt management plan is complete. My stepchange dashboard is zero across the board & it is all gone ! I have some final thoughts and some tips and tricks I’ve learnt along the way. I want to preface this by saying I am not a financial expert , I would just like to share my…
-
Being taken to court for 18 year old debt.
Bit of an odd one... my wife and I got into a load of debt back between 2004-2006 - personal loans, credit cards, etc.I'm pretty sure that most of the debt ended up as CCJ's. We were burying our heads so have no record of what happened with each debt. Over this period, my wife and I separated for a few years due to the…
-
Opos
Hello apologies if I’m not posting this in the right place. I received a letter today from Opos saying that they have been trying to contact me regarding a debt to RBS for a credit card outstanding balance of £360. They have contacted once me a couple of months back to inform me that they’d taken on a debt but I did not…
-
Previous owner being chased for foreign debts
Hello, After a bit of advice please. We bought our house in June 2023 from the children of the deceased owner. Since then we have been getting letters from Russia chasing debts in the name of the Son of the previous owner. As far as we know he lives overseas and we've been sending them back as return to sender. Today the…
-
A small win but a huge one for me personally.
For the first time I felt a sense of achievement in this pain in the behind situation ( totally of my own making). I trashed my phone. Instead of just phoning up and ordering a new contract phone, as I would have done until last year. I purchased a second hand phone that does exactly the same thing for £90. Again I would…
-
Clearing old debt
Hi, I've been paying £5 p/mth each for 4 old university debts for over 10 years. These debts are with dcas and haven't been with the original creditors for at least 20 years. My credit report (currently 992 out of 1000) is only showing 1 of those debts. I would finally like to clear these debts, what is the best way to…
-
Council chasing charges
Hi all, I’m not sure where this goes so I’m sorry if it’s not the right area. My gran passed away 3 years ago and I inherited her flat, which I sold back to the local council a few months after. The council have emailed me today requesting I contact them to settle “tower charges” ie factor fees. I’m just looking for some…
-
Can’t afford new loan
I am currently in a DMP with stepchange for old store card debt. I pay every month and have never missed a payment, it really works well for me. However 3 weeks ago I took out a £1000 loan to help with the cost of a family friends childs funeral. I know I shouldn’t have done this but I was offered it even after being…
-
Debts...
I have calculated that around after 2 years I will be out of debts - Barclaycard, PayPal Credit, Virgin Money, Lloyds, Sister. And thats if i dont spend high. my income £12,500ish from April 2024 till April 2025.. I pay my dad £570+ per month for mortgage, bills etc, Sister £90+ per month for debt and Virgin Media, pay to…
-
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…
-
Dating Agency in Luxemburg (again)
I signed up to a dating site but did not use it. Not even once. I forgot to cancel the free month's subscription.... They are chasing me for £308.....I posted on this forum before and everyone agreed no need to pay it I have just received a specialist lawyers letter demand......they will take "judicial enforcement measures…