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Debt
Hi I'm 25 years old, I earn 29K a year, I live in London. I'm £10k in debt in the UK on 3 credit cards and then another £50k in the US which includes university loans etc and which I hjave ot send about £400 to the US for every month. My credit in the UK is very poor, but is much better in the US. Basically I want to go…
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my story - advice please
ok, a while ago i was out of work and on the dole, my overdraft escalated due to me not being able to put money in, i went to the crb and they gave me a simple letter to right to my banks solicitors (who were now threatening court action) - the letter i sent offered them a £10 a month. a few week later i received a letter…
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Will parents debt affect my credit rating?
I have heard that a parents debt and poor credit rating can affect the childs? One of my parents is in serious debt, has been bankrupt once and looks to be going that way again. We have tried to get the parent to seek help but they keep spending (and borrowing from not only companies, but family members) and sadly we are…
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Help / advice needed - unpaid BT account in my name!
Hi all, Firstly, apologies if this is posted in the wrong forum, wasn't sure if it should go here in the Phone section, admins please feel free to move if so! :) In the last few days I've received a letter from a credit agency (Advantis Credit) regarding an unpaid amount on a BT account. Turns out, the account is for a…
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Some advice on helping bf be debt-free
Could someone offer me some advice pls.. My bf is in debt, he got divorced last year and basically bought a house in Feb which he realises now he cant afford. He has difficuly paying mortgage and that has an effect on everything else. I'm not sure what to do in order to help, I don't live with him, so we dont share bills…
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Debt Collection Company Dodgy Tactics??
I had a letter Yesterday from CL Finance saying I had missed a repayment and make an immediate payment within 10 days of the letter or treat the letter as formal notification of further action being taken against me. Now the alarm bells started ringing as payments to CL are made through CCCS and having checked my…
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Is this normal ?
Hi, I wonder if this is normal; my mum has sent a income and expenditure form to a creditor to arrange payment plan, her covering letter mentions my mum has ill health and recently lost her husband, her income form reflects that she is on pension and pension credit. She has now received a letter from the creditor…
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Thursday 10th-(nearly Friday!) Daily chat!
Morning all-we are getting later and later here!!! What are we all doing today then??
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Thursday 10th September - What small DFW things have you done today?
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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Am I allowed to join?
Hi everyone, well ive been spurred on to tackle our debts as I am sick of having no money. I know that in the grand scheme of things, we dont owe "that" much as many people owe a lot lot more but to us its huge. My fiance and I are 23 and 20 respectively. We lived together but I lost my job, we accrued debt and had to move…
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A PAD question
and I am very sorry if I am repeating something that has been asked before! Can you go into your bank and pay anything you like off your debt, say your CC? What I mean to say is probably is there a MINIMUM your bank will accept off you. If you offer to pay £2.50 off your CC, are they going to turn me away? Thanks in…
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Arrangement to Pay and Credit Score
Hi, I have a Arrangement to Pay (AP) marked on my credit file, will this affect my credit score, and if I pay it off in full will it still stay there for 6 years and still effect it ?. Thanks.
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Bank of Scotland £900 debt now £5,500
I have an old Bank of Scotland debt of around £900 Ten years ago which was being repaid at £1 per month to the Banks own debt collectors (Blair, Oliver and Scott). But even though they accepted the repayment plan they added interest and charges and the debt now stands at £5,500 !. This debt was passed to Cabot last year…
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Debt collectors want proof of income - self employed 1st year
Hi all, Hope you can help me - couldn't really decide which section to put this in, this seemed most appropriate to me as I do want to be debt free! sorry if I've got it wrong... The situation is - I owe £200 to LLoyds. I do not dispute this and want to pay it back (well, not really but I realise I have to!). It's an old…
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Overdrawn & Credit card maxed...help!
Hi There. We owe £6k on a credit card and £3k on overdraft on current account and are thinking of consolidating into a loan. Could someone please advise if this is the best option???? Thanks very much!:confused:
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Argh, please convince me to get rid of stuff to pay off debt :(
I had convinced myself to get rid of some Karen Millen clothes on eBay and put the money towards my debt but now that I'm actually back home and looking through the stuff I'm hesitating because I don't really want to get rid of them :( But... I don't need them. It's shirts and skirts and I haven't worn any of them for TWO…
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i think the recession finally hit us hard.
I know it hit alot of people along time ago and we have been fortunate that my husbands job isnt at risk but i think this week the resesion finally killed our credit rating. after being stupid and getting ourselves into alot of debt we wised up and was tarting with our credit cardss as thats were all our debt was, well all…
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Incorrect apr - please help?
Hi, First post, got a small 'top-up' loan of a few hundred £, but due to 'settling' an outstanding balance and PPI on the new higher amount, i now owe thousands. I received a statement which showed that although i had paid for a year, due to 'capitalisation' the amount had only decreased by a couple of hundred pounds to…
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Default on credit file
Hi I have just noticed that Capital one issued a default on my account last October. I do not dispute teh default as i entered into a reduced payment program with my creditors in 2006. All of my other creditors defaulted me at that time, except Capital One. Is it possible to get them to amend this info, as it means that…
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Help Please :Newbie
Hi everyone.First of all thank you to each of you keeping the community alive and helping others.I need some advice regarding my debt which would be greatly appreciated.Having been made redundant last month i have been unable to keep up the payments on my defauted accounts as i was paying little every month,to clear the…
