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Best Of
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Re: Will default automatically lead to current account closure?
Banks don`t usually take legal action, that`s why we have debt collection companies. Bad debts are either assigned or sold, and left to debt collectors/debt purchasing companies to chase up. They can…1 -
Re: Weekly Flylady Thread 16th February 2026
Thank you for the list, Natty (and thank you to Valli for last week’s). Looks like changing a username isn't straight forward, so I'll remain MrsC for the time being. I also think I need so…8 -
Re: £55K debt
Many thanks. I won’t consolidate the debts because I’m not convinced about that taking into account the fact that it would reduce my equity in the property, take very long time to pay the mortgage e…1 -
Re: £55K debt
Just to add to everyone else about the remortgage. We have had defaults/been in a dmp the last two times our fixed term ended. It just meant I didnt go shopping elsewhere for a new mortgage as that w…1 -
Re: £55K debt
Check out this page from TSB: https://www.tsb.co.uk/mortgages/existing-customers.html. it says: Switch to a new deal online If you know the rate you want, switching your mortgage online is quick and …1 -
Re: £55K debt
@RAS - Many thanks and sorry for any confusion. I do not perfectly understand how the default would impact the mortgage so thanks for the the clarification that it won’t impact my TSB choices. Speaki…1 -
Re: £55K debt
A mortgage adviser who didn't know that you could carry on with the same mortgage company without a credit check?1 -
Re: Progress is...
Waves to Cherryfudge - I have a feeling it was more a cumulative effect than just this particular week! It's also not great at work as our redundancies have started and good friends have been le…8 -
Re: Contact creditor or continue to wait?
Do you have a sufficient emergency fund built up? Do you know how much you can afford to pay? Do you have different accounts that have defaulted at different times or just the 2, one with MBNA & …1 -
Re: Weekly Flylady Thread 16th February 2026
Welcome back MrsC. Hugs for all those feeling ill or under the weather (literally). What was the flylady called who had that terrible flood some years back? We've had total contrast over the wee…11
