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Full and Final CC Settlements...Help Please!
Hi, I have around £30k's worth of debts on 5 credit cards (Egg £7968, Egg £6354, MBNA £6200, Barclays Visa £4167 & Barclays Mast. £5576) My minimum payments which I have been paying for 24 months now total £980.00 pcm (so almost £20k paid back but the balances have not changed)! It is crazy...I am now NOT in a position…
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Pounds till payday!
hey, My friend has had pounds till payday on her back constanty for months now. two weeks ago asking her to pay £540 suggesting it would be a settlement figure as they were specific about the amount. Today they ring her claim she owes £180 in interest charges. its almost as if hey decide to add a couple of pounds on here…
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Where do we go now?
I posted on here a while back on behalf of my sister who was badly assaulted at work and has been really poorly since. She is on sick leave at the moment so is not on full pay and due to her state of mind, let some of her debts slip. Myself and mum are in the process of trying to help her. After reading posts on here,…
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Clearing Overdraft
I'm currently paying off my student overdraft I have with Natwest. I'm saving 150 a month into an ISA and paying it off in chunks and today have transferred 450 from my ISA and won't spend 150 quid from this months pay so essentially will have paid off 600. So end of month balance will be 1400 instead of 2000. Wondering if…
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Voluntary Repossession
Hi, Just wondering if anyone has any advice for my situation. Ive been made redundant from my contract, im self employeed and have outgoings of £2200 a month before I buy food or petrol and basically there is no work paying this amount of money in my industry anymore. So ive been looking into Bankruptcy and been listening…
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MSE News: Debt management firms may face regulation
This is the discussion thread for the following MSE News Story: "The Government is considering regulating debt management companies to ensure that both consumers and creditors are being treated fairly..." Read the full story: Debt management firms may face regulation P.S. This post was inserted to give a full news story on…
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My First Post - Any advice please?
I have had a phone call from a debt collection agency sayin that they have bought a debt from HSBC fo £328? I haven't banked with HSBC for 10 years or more? They were Midland the last time I banked with them? I asked them to provide proof of this and they told me it is my responsiblity to prove I don't owe them? It could…
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Calculate interest rebate?
Hi everyone, Have been avid watcher for some time and picked up lots of help on this site, so big thanks to everone who contributes.. I have been left some money and am looking to pay off my loan early. I have looked through the paperwork and Interest will be refunded in line with government law regarding unsecured…
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Full & Final offers, help please
Hi, right, i have been with cccs for about a year now but the amount i owe has actually gone up!! so i decided to swallow my pride, and confess all to good 'ol mum, and she offered to lend me the money to get out of this mess:T So the mess currently looks like this HSBC ( now been delt with by Metropolitan collection…
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Converting credit card debt to loans - pls help
I currently owe around £23,000 on four credit cards - i keep them up to date, but cannot seem to dent the balance.... Having just finished repaying 2 loans (£780 per month), I approached M&S Money to do the following.... (1) Transfer the balance on their card (£7500) onto a personal loan over 3 years and (2) Close the…
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First post, need help!
Hey guys, in a bit of a sticky situation at the minute in terms of student/graduate account overdrafts. Currently I've got an RBS graduate account (I graduated 2nd July 2008) sitting at negative 1800 with an arranged interest free overdraft of 1800 - so available cash = £0.00. I have just received a letter from RBS saying…
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can a bank do this?
well im off to my first meeting with the CAB on 06/08/09 to discuss my financial situation. ive spoken to all my creditors and gave them a copy of my own income and expenditure as taken from this site, worked out a pro rata payments for now and some have excepted. i thought that my bank argreed as they had changed my…
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extra cash just one month
which one shalli put it towards? i have £300 which was unexpected this month so what debt(s) shall i offset it against? Next = 26.9% M&S = 20.9% Tesco = 7% Virgin = 0% egg = 0% Its pointing towards Next and M&S isnt it??
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Im over £3000 into my overdraft, and the charges are crippling me
Im getting charged £45 a mth on my overdraft, plus £20 a mth on my £1000 credit card debt. Im finding it impossible to pay back, plus live and support my two children with the charges. I applied for a loan at the same bank, (natwest) but got refused. I want it all in one acct, with weekly/monthly set pay back amounts but…
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What are the negative impacts on your life if you go Bankrupt versus IVAs?
Hi my husband is £28k plus in debts and rising due to interest and late payment charges etc, he is employed now and he has no assets (no mortgage as cant get one, no car as it was on HP and taken off him, no mobile as it was taken off him as not made payments, only a basic bank account as his overdraft and credit cards…
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Mackenzie Hall - Help.
Hello all, please bear with me, ill detail all information about the debt below. Back in 2001 i had an overdraft with barclays bank which was around 1k i got into some financial troubles, and had to enter into a reducing overdraft agreement with barclays to clear the overdraft off the account, the thing is that i couldnt…
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Bailiff Advice needed Urgently
Hi there, apologies if i've posted in the wrong place. We have an out standing Council tax bill from last year, we managed a few hit and miss instalments and then about 2 months ago we paid £550 after a second van visit, which has left the balance owing (including Bailiffs fees) at £950. I've phoned the bailiff today to…
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Ccj
Hi all, Some expert help/advice needed please. About a year ago I was being threatened by GE Money regarding an outstanding £3,000 debt from a Debenhams store card. Stupid I know! I provided them with evidence of my income and expenditure and demonstrated that £50.00 per month was as much as I could afford to repay.…
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My new SOA - need motivation
Hi all. Now my ex is leaving I've decided to do a new SOA. I know what you're already going to say, but maybe if people tell me I'll actually do it! I haven't used the template, because most of it doesn't apply and so I need to explain things as I go. Number of adults: 1 Number of children: 0 Cars: 1. Rent from council,…
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CCA Request Need Advice
I was contacted by a DCA and asked them to provide CCA for the account in question. I have finally received a letter from them saying they are referring the account back to their client. What does this mean for me ?
