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Trying to go debt free!! Advice Please.
We are trying to go debt free. We would like to pay off our debts within 3 years. As well as selling our car which is fully paid for - to pay off some of the debts - we are not sure whether to go interest only on the mortgage with NR for 3 years and with the money we save pay off the rest of our debt. Meaning in 3 years…
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Self dmp 1 year on
Hi all, Not posted on here for sometime but as its been 12 months since I first decided to tackle my debts thought I would update you all. This time a year ago I felt so scared and alone as I finally realised I could no longer live on credit. This site has been amazing for me. I have cleared £5000 off my debt and although…
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Moorcroft Full Final
Hiya sent Moorcroft a full final for £2267.65 I have received this reply which I am bit sceptical of it says Further to your recent enquiry I write to confirm we will accept £2267.65 of the outstanding balance as partial settlement of this account and the remaining balance will not be pursued by ourselves. Please note this…
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drip feed credit card
I have stupidly gone way to high on my cc I am paying over the min on standing order is it best to make one higher payment a month, pay more weekly as I can afford or is there no difference? help!!!!I 'm confused lol for reasons I not want to go in to I'm stuck with this and can have it paid off in two years if the cc…
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Credit score question
Hi Just a quick question please, just checked my boyfriends score with him and its showing as poor. He is using 62% of his available credit and has satisfactory against of all his accounts(4 in total). However he is not on the electoral roll, will this make a big difference to his points - currently 629? I can't see…
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anyone heard of a company called Debt Solutions ?
My best mate is in about £32k of debt with credit cards & I have tried to help her by applying for % credit cards & unsecured loans (she is maxed out with her mortgage, so can't put anymore on that), but they've all been refused in the last few weeks. I suggested that she rings a free debt-management helpline, but she…
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Robway Prove they own debt
Hi all , I'm looking for some advise, I have robinson way chasing me for a old overdraft from the abbey national, problem is i also have !st credit chasing me for the same debt. What letter can i send both of them to ask them for proof that I actually owe them the money, I'm not questioning the money but I'm not paying for…
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help with debt
please can anyone give me some help i'm in a large amount of debt which i'm paying off as best i can. in the last 6 months i missed no payments or been late on payments but before that i had be late of few payments. i have got til oct to decide what to do about my car which is on one of these passport schemes either pay…
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Getting more and more in debt, where to start?
Well I filled out my SOA and it was as I thought, more out than in. I keep going over my overdraft each month so the charges are adding up. If i write letters to my creditors what are they likely to say? I don't really have anyone to talk to about this... I hope you can help. Statement of Affairs and Personal Balance Sheet…
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Help needed pretty please - DMP / financial job offer
Hello all, I would really appreciate someones advice and guidance. I am currently paying off my debt via a DMP set up through payplan. I set this up in Jan 2008 and have been paying off consistently since then. Unfortunately, my salary has stalled since 2008 so I haven't been able to increase my payments. Fed up with the…
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SOA and Natwest
Hi I have spoken to Natwest today as i have MIL recieved a debt letter at her address for me we moved over a year ago - i thought overdraft was put in with credit card payments.? They have asked for a financial statment in writing (posted only) I have asked to repay £30.00 a month - they didnt ask for this with credit card…
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Clearing debt & improving credit score
Hi all, I'm currently in a not-so-favourable amount of debt and am in the middle of battling like a trooper with it to clear it before the end of the year. It's currently at about £10k, but if I stick to my financial plan it will be at £0 by 1st Jan 2011! I know my credit score isn't great, but this is only due to the…
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advice needed which way to go
please can any one advise me i have recently had my hours cut at work from 40 to 16 and also my partner and i have decided to split were still living in the same house until it is sold which will then release 35 k for debts ect. my partner is paying the mortgage at the min why he still living here but i am expected to pay…
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Drumroll please....
...today my total debt has fallen below £20,000, from a starting position of £42k in October 2008. :j:j:j:j:j:j:j Still a way to go, but am trying to focus on how far I have come as at the moment I am so FED UP of paying debt at the moment. My goal is to get it under £10k by the end of the year. Have had ANOTHER clear out…
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Can I live off £75/week?
Hi I have worked out if I can survive on £75 / week (for clothes, food and entertainment) I can pay my debts in 3 years. Has anyone else done this or am I being too hard on myself? I have a DMP but the estimated end date (2017) is so depressing I'd just rather not live for 3 years and get back on my feet. Most of my…
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My Debt - Please help!
I have debt of £625 with capital one but have paid around that in charges and repayment but the late payment and none payment charges have pushed the account balance up and up. My agreed credit limit is £500 and they are saying if i do not pay £150 within 2 weeks then a CCJ will be put in process. I also have a debt of…
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Wonga.com and repayments
Hi, I've made a similar post to this before but looking for a bit more advice if anyone can help. Upon the advice of Payplan, I wrote to the company requesting that I pay £50.00 per month and they accepted, but said they would not be freezing interest. The payment of £50.00 went from my bank to theirs, but the amount has…
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Moorcroft - BT account
So I moved out of my flat October 2009 and have had no dealings with BT since and my account to my knowledge was closed. I was never sent any letters/emails about charges for cancelling etc but today got a letter from Moorcroft stating I know owe £157.25 I have managed to view my account online and the break down is as…
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Help to locate and satisfy a CCJ
Hi I am after some advice for a colleague regarding locating and paying a CCJ. He recently discovered that there as an outstanding CCJ on his credit file dating back to 2005, he had a few CCJ's back then and thought that they had all been satisfied. The outstanding one states that it is Natwest, he has held a current…
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natwest step account-current plus?
hi,ive been in to the natwest bank today and after insisting on wanting the step account bcos of past problems the lady kept on telling me that i want the current plus account,bcos she was going to do a credit check anyway,after insisting that i only want a step account ive still ended up getting a current plus,but she…
