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Autumn years debt fighting
This is my second diary on here. My first diary detailed my debt busting whilst working full time. Unfortunately I had a long period of ill health so things went off track, including finishing work for quite a while I’m now back in work - part time ish and have had to arrange a DMP for my unsecured lending - I still have…
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Rambling Man's mutterings.
Right, I already have a diary but haven't visited it in at least 2 years, so time to start a new one. A little bit about me and my life. Since November 2018 I have been an agency worker trying to scratch a living whilst attempting to gain permanent employment. I also lost my mum on 31/12/18 and so have inherited a dog. As…
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council tax avoidance
Hi all. I live in Scotland and have recently split with my partner who left me with a list of debt that she took out in my name. One of which is council tax, both our names are on this but my wages were arrested and I had a payment plan set up with a DCA which I have been paying alone. The DCA has said that they have…
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Debt consolidation/credit score
Hello I was just looking for some advice from people that may have gone through so something similar. I spent some time jumping from 0% Interest credit cards unfortunately, due to a few uneducated moves I unknowingly lowered my credit score to the point i was no longer eligible. I'm now really struggling with high interest…
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Dave Ramsey UK
Was trying to adapt Dave Ramsey's Baby Steps for the UK, here is what I came up with... Baby Step 1 Emergency Fund £1000 Baby Step 2 Pay off debt (except Student Loans & Mortgage) Snowball (psychological) or Stacking (financial) Baby Step 3 Emergency Fund 3-6months essential expenses (approx £3-5k per person) To give a…
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Asking for a friend...
Hey 👋 So, here goes, my friend is in a situation. Previously, through bad choices and lifestyle racked up 30+k debt, aged 24. As a home owner, remortgaged, used equity and cleared some hefty loans, of which were costing 700 a month in repayments. Fast forward two years it appears they still have £8,200 of debt as follows -…
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Haggling a way to debt-free
Gooooood evening all, TheYeti here beginning my documented journey. As this story starts with my 18yo self. I was young, borderline alcoholic partying 6 nights/week. Funding my 'nightlife' with my wage simply wasn't cutting it so began my downward spiral. I opened up a £500 overdraft with RBS. £500 turned into £600...then…
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Lowells
Hi I'm a newbie. Not sure where to post really as struggling to find my way around on mobile phone. Please direct me if I am in the wrong place. I've had numerous letters from Lo wells regarding what I believe is a very old Orange mobile phone bill. I am sure it's over 6 years old and I am pretty certain I have never paid…
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Decisions decisions...
So, I have paid off £38000 worth of debt, slowly but surely :T I have one credit card left which is set at 0% interest for the duration of the debt. I owe £1350 on this card, paying £30 a month. It's up to date. I am itching to start saving just to get some cash behind me - I do have access to £5000 on credit card for…
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Buffy's 30 Month Plan
Hello All, I have been here for a really time, got out of debt twice and then got in debt again! It is like a hobby.........a really crap limiting unsatisfying hobby! Currently I am 4841 pounds in debt, don't own a house and have about 1000 across very various accounts for insurance, Christmas, the Summer etc. In thirty…
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Missed DMP Payment - PayPlan
I missed my DMP payment this month due to various unexpected expenses. I’m just wondering what will happen now? I’m really scared and anxious that PayPlan will cancel my DMP or creditors will take me to court. I’ve emailed PayPlan to explain and offered to make a £10 token payment (£1 per creditor), I usually pay £126 a…
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Time to stop letting our hard earned money slip through our fingers!
Hi! I have been busily reading through other peoples diaries and had some great support on my first forum contact and have decided to attempt my own diary as my husband and I start our journey to a debt free life. A problem shared and all that! We owe a lot! Nearly £40,000 worth of a lot! £20k on house improvements,which I…
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On a mission to clear debt
Hi all, Posting my SOA for comments please, we are looking to move house in 2/2.5 years but have to clear credit cards and car loan first, anything glaringly obvious to anyone that could help me? Household Information Number of adults in household........... 2 Number of children in household......... 2 Number of cars…
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Heads, Shoulders, Cheese on Toast
Finally decided to do something about my debt. I overspend every month and have nearly £3,000 on a 20 something % credit card. Plus 14 payments left to pay on my car loan, plus I've had to increase the amount I pay to the bills account to 1/3 of my salary to cover new boiler and bed payments. :eek: As well as trying to pay…
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2019 to be my year
hi everyone, Even though I've signed up to MSE just over a year ago, it's only this last week or so I've been more active on the forums (even if it's just read them most of the time lol) So my goal is to reduce/remove my credit card debit of £4180 and increase my saving for a deposit to get back on the property ladder…
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Things have to change...
Hello all I've been a lurker on MSE for years but i'm finally plucking up the courage to start my own diary. I'm 38, working part-time and raising my two daughters aged 13 and 2.5 by myself. Life is a hectic juggling act and this combined with my natural disorganised nature means that I've struggled to keep on top of…
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More flash light than lightbulb
Hi I am stil building up to my light bulb moment, but have now found a flash light and am looking for the lightbulb. I am £25393 In debt incl £1000+ in a unsecure loan and £1000 in an overdraft, and the rest on 3 credit cards at about 18%. I will pay this off in 5 years! Not sure how yet but it will happen. I am currently…
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EllaRedRose Debt Busting Diary
Good evening all, After lurking for many years and getting inspiration about how to manage my money, I have finally had my LBM. I have always carried some debt since being at University and I have never seen it as an issue as I have always been able to pay my bills. However, I still find it far too easy to pay things with…
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Solicitor Asking For Voluntary Charge On My Property
Hi, newbie here. Long story but I owe a solicitor just under £20,000 from my divorce. It was my intention to pay in instalments at the end of the divorce and they did not disagree with this. However, my expected instalments have been less due to my ex not paying any maintenance as he is not working, so the money I earn…
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Rolling the debt away.
So I currently have £18,444 (this has been rounded) in Debts 😱🙈🙈 The first time I added up this whole figure I was horrified. I had my sick and tired moment last year probably September/October. Well my proper so over it moment. I’ve certainly had the stress of meeting all my payments and still manage to struggle through…