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Successful IVA?
Hi everyone, Just wanted to ask if anyone has any experiences of IVA's not going through? My creditors meeting is on 16th jan but am so worried that it will not go through. The dividend is 48p in the pound so quite high but am so worried that it might have to end with bankruptcy that am having trouble sleeping at night. My…
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Can I help my Mum get out of debt?
Just paid off a sizeable amount to stop her getting evicted, she kept reassuring everyone it was 'all sorted' when the eviction notice dropped thru the door before xmas. There goes my paying off the credit card early money. :( She has other debts afaik about £7000 She is 67 years old she is a compulsive spender she lives…
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how much u spent today 3/1/2006
right ive spent 35p on a copy of The Sun and 1.95 on 3 toast, butter and a drink. plus i need to buy lunch today as i havent got any bread or sandwhich stuff in the house :( This will be the first and only time this month as i want to stick to my budget!! ******************************************************* Correction i…
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In Debt please help.
Hi I have been looking at this site now for 6 months or so and it has made me lots of extra cash to pay towards my debts, I now only have one loan left with hsbc which I took out 14 months ago and was for £6000 over 5 years, I have just rung them to ask how much it would be to pay it off early and even after paying 14…
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Can I hide my secret?
I've lived with my partner for a couple of years now, and she has no knowledge of the problems that I have with credit card debt. It's now got to the stage where I'm going to have to make offers to those credit card companies because I'm no longer able to meet the minimum payments. Her finances are spot on and she owns the…
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My Debt Story - starting as a silly 18yr old (2002)
This is the second time i've tried writing this post... i was halfway through my story when I realised it was far too long to maintain anyones attention! My story of debt starts virtually the day of my 18th birthday. A few days after turning 18 i went to the bank and asked for an overdraft, they gave me a £200 limit, easy…
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Help! Debt and argueing £40K credit cards
Hello, please reply as it would help even if its just to say it happens, and we can sort it out. :hello: :eek: We have a lot of debt, £35,000 on credit cards (14.9-16.9% APR), £8,000 overdraft on current accounts (6% APR) and £125,000 on the joint morgage (6% APR). At the moment we are only paying interest, so its going up…
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Grrrr @ partners
My boyfriend just doesn't think when it comes to money, so i dont suppose its any coincidence that i was debt free when i started going out with him! His attitude is money is there to spend and never worries about budgeting. I've showed him the snowball calculator, so he knows exactly how much debt we are in. I control all…
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Opinions please - cunning plan?
Hi All, I hope you can advise, I'm trying to work out the quickest way to get out of my debt and although its not going up, its not exactly going fast either. I've got an ISA with approx 2 grand in it for paying off my loan early, but I'm now wondering whether I should use it to get rid of the credit card I have and then…
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£40,000 debt at upto 16.9% - worried sick Newbie!
Hi All, My partner has almost £40,000 debt on credit card and current accounts, at up to 16.9 % APR. (The credit card debt of £35,000 is all at rates 14.9% and above. The other £5,000 is overdrawn current accounts with monthly fees and interest.) Mostly he is paying minimum payments, which can be £250 each card anyway. On…
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My Tax Return
My tax return is still not complete. I have 29 days to complete it online and pay up to the taxman, but I'm scared. I didn't put enough money aside while I was self-employed and I know I'm going to be at least a couple thousand pounds short. I'm losing sleep about it and I'm so very scared. I suppose I want to know if…
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Credit Card Debts
Hi, This is my first time posting a message, so sorry if this question has been asked previously... I have 2 credit cards with a combined debt of £16k. One card has £10k and the other £6k. The latter has a higher rate of interest and therefore, from Martin's advice I believe I should deal with this card first. I have a…
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please help
im 24 years old single and want some advise with my debts if anyone is in the know? i owe 23k on credit cards and a loan and my outgoings are always more than what i earn , even with doing 50 hours overtime a month. my loans and card payments are £550 a month and after a bad car crash a few months ago im in deeper as i…
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Newbie looking for some helpful hints!?!?!
Hey all! Am a 19 your old lad who is living with my 18 year old partner. We were directed to this site my my brother (some may know him as xlt hunter), over the past couple of days we have been reading some of the posts on the site but it is hard to relate the information to our life. I thought that the best way to get…
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Newbie with that constant sick feeling
I'm currently in about £15000 of debt on credit cards and it is the worst thing I have ever done. I started out with one and they kept increasing the limit and I just kept spending it, I took out another with 0% APR and transferred the balance to try and save money and instead ended up maxing out both cards. I started…
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Natwest sucks
Hi everyone, am new to this site but just needed to vent my anger at Natwest! I have £40k worth of debt and am currently arranging an IVA through Cleardebt. I went into Natwest last week and opened a Step account and I was told this was specifically for "bad credit". I even paid some money in there and then. However the…
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My story, (it may help you)
I have been around this forum since last November, this is my first post so I will fill you in on my story, (sorry if it’s too long) but hopefully it will help some others who are in the position I was a year ago. Due to OH changing job and cutting income by more than half, and I am now on benefits for life due to illness,…
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Credit Report
Hi, this is my first post, so please don't shout if I am on the wrong page! :santa2: I have been looking at these boards for a few months now, and am about to take the plunge and tackle my finances at last. I have looked at my credit report (oh dear!) and find wonder if anybody could explain a few technicalities to me? One…
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how much did you spend today 2 jan 06
hi all! spend today is zero. have a really tough month coming up, car tax, insurance and MOT are all due. so am going to spend as little as possible this month!
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i just want some praise lol
well xmas came and went and i didn't realise how expensive it wud be! basically i aim to pay £400 a month back of my debts but this month i only have paid back £200 so far and wud be struggling to live and pay back my debt aim. So i have made the ultimate sacrifice and raided my Xbox 360 fund (i put £50 a month in and done…
