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Just when you think it's safe...
...to do something positive to batter the debt down!!! 'Scuse me if this turns into a bit of a rant, but I might feel better when I get this off my chest! My lightbulb has been flickering on and off for a while, and last spring I followed some excellent advice on this site to open a high (well highish!) interest instant…
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Student Loan with IVA or DMP
Does anyone have any experience with including a student loan in an IVA or DMP? Thanks
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Son in trouble
Sorry if I am in the wrong place, been up all night looking for advice, I knew my son was in debit but he has only just told me how much, he is 24 married with a 4 year old daughter and another due in October, he was laid off work in December, It is only now that his state of mind has become so bad that he has started to…
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How do they know????
Have you ever had to deal with CC companys and they say "we need to talk to the first named person", they won't deal with you. Its so annoying, I'm in the process of trying to reduce APR's on the cards we have and they are in DH's name with me as the second name on the card. Every time they say that they need to talk to…
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Budgetting help
Hello folks! Now I've started to cut back, tonight I am going to do a detailed budget. does anyone have any tips? Most budgetting things I have found are a bit of a struggle for me - they never have spaces for things that I spend money on! By the way - don't have a mortgage pig - but have an ellie the elephant to help pay…
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Credit Unions
Hi All, What is a credit union? I have read through the websites, but I still don't understand. I'm thinking of joining mu local one - but what would be the benefits - and is it considered safe? Thanks
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Welcome Finance Problem
Hi, my sister, it has come to light, is in debt to the tune of 3.5K , stemming from an initial loan she took out with them 3 years ago for £1000. Initial interest rate was 59%. I know...... I couldn't believe it either. She has consolidated the loan with them, leaving the balance of £3.5K now .... Luckily, I am on the…
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what do I do???? MBNA letter today "YOU ARE NOT COOPERATING WITH US"
We have started a DMP with CCCS - 1st payment due out on 1st May. We have contacted all our creditors as advised stating we are now clients of CCCS etc etc, sure by now everyone knows the procedure. I have today received a letter from MBNA - despite the fact I have written 3 times and spoken to them by phone, as follows:-…
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I cant see a way out - NO ONE will accept me, dont knw what to do
I really don’t know where to turn, debts are becoming unmanagable and no one will accept me for a loan. A little bit of backstory, I have tried various debt management support organisations and they say that I have enough money coming in to budget - I don’t agree. I earn about 21k and my partner 19k - these are our debts,…
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approched by dept management company my soa
Hey, this is my first post and really want some advice. I am 26 and a joint homeowner. I owe 19,500. I have 5 years left on the 2 loans I have. 14,500 is at a rate of 7.1, the 5000 is at 5.8. The debt management company seems a good idea at first but there fee of 44 a month means that I will pay them over 4000 to "arrange"…
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First month in ages that........
Hi This is the first month since I had my lightbulb moment in December that we have had enough cash to pay everything up to date AND have enough left over for a tiny bit of spends and food shopping. Usually I work the money out and think "what dont i need to pay this month!!!!". For the first time in years we have a bit of…
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please need help
sorry to copy this over from another thread but I really want some advice before I do anything tonight. I just contacted Norwich union re my accident sickness & unemployment cover (see good news thread about this as well) For an extra £10 a month I can get an extra £200 a month cover if I need to claim. Considering I pay…
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What have you spent today - Thurs 23/3?
Gosh…it’s quarter past two in the morning…or 2:15 am for those who prefer number thingys. :p I’m so excited and thrilled to bits… according to the budget I’m 4p better off… yes really… 4p ……Whooo Hooo… I can’t wait for the shops to open….. :D Later in the day... the morning post bought the latest Council Tax bill for the…
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What makes your motivation sink?
This is a bit of a moan but it made me think. I have only been on here for about a week and a half and am trying to do a SOA so i can introduce myself and get some advice from others on here. I have been feeling a bit more up beat since spending time on here and feel that finally that lightbulb moment has well and truely…
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Student Debt
Hi Folks, heres one for the brainiacs amongst you! i started a degree as a mature student at the ripe old age of 30. I graduated 18 months ago, but now have a debt of almost 17k...that was WITH working 7 different jobs for 3 years...(The party life style never applied to me unfortunately). The real world, ie mortgages,…
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How's everyone feeling tonight?
Sorry if I ramble - I've had a couple of glasses of wine _party_ I've had a good few weeks on the whole in terms of MS -but it's been such a struggle. I left a job a few years ago that was paying me pretty good money but it wasn't what I wanted and it was really affecting my health. I left and my income overnight dropped…
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Money Retreat?????
Hi, I wonder is there such a thing as a money retreat? I find myself in a complicated financial predicament, of my own making. And I move between strength in facing my situation very directly and acting on it! – to feelings of sheer terror - in which I freeze. I have equity building in my house which I understand could…
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LloydsTSB Called To Discuss My Rates?
Hi everyone, what a great community you have here. I've been receiving Martin's Money Tips E-Mail for while now and have visited this forum a few times but this week I have been inspired by "$17mma's Story" on becoming debt free. I've realized I really don't do as much as I can to save myself money. I have a monthly…
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2006 Budget - Am i better off?
Hi everyone Last year the BBC had a budget calculator so you could work out if Gordon had ripped you off or not This year i can't seem to locate one Does anyone know any site that i can work it out? Many thanks Ben
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help
so i am in a DMP with Payplan and have been for about 4 months. I owe various loans and credit cards one of them is 10k to MBNA. Today i get a letter from them saying if i reply by such and such a date and sort things out with them i can pay half of what i owe them. Should i expect all my credit card companies to do the…
