-
O/D or card?
I would be most grateful if anybody has any knowledge of this. I have and O/D of £1,700 and I pay just short of !.5 % interest which is roughly £25. Of course you pay interest on the interest so that's not too accurate. Lloydstsb checkbook account. I can't work out if I should move it to a card. I would incur about 3%…
-
Full and Final Settlement Advice
My partner and I went into a debt management plan recently to help us sort out three credit card debts that we have (totalling just over £9k). This company we are using also offer a full and final settlement negotiation service for a fee. We have been offered some cash from my father in law in order to pay off these debts…
-
Full and final settlements
Hi all, Just need a bit of advice re full and final settlements. My husband was sent to prison for 5 years in May, and I'm left trying to deal with his debts that I didn't know about. They are all in his name and unsecured. My family have said they will give a lump sum to clear them and I have offered all full and final…
-
how long till AP'S / late payments are not on credit file
If i pay my overdraft off, which is on an AP basis how long till future creditors wont see it or take notice of it? i have about 18 months of AP'S and a couple of late payments on one account on my credit file, the rest are all good ol' green 0's! if i was to pay off the overdraft i would start getting greens on it again -…
-
Creditor wants a bank statement & other creditor statements do I have to comply???
My OH and I recently sent out letters to all our creditors saying we could only make token payments. We enclosed a budget of our total income and outgoings as well. Santander has replied saying that they want us to complete the same information on their form and supply copies of our recent bank statements and statements…
-
Where to start???
I have around £4,500 of debt (currently being moved to a 0% card) and I am moving shortly into rented accommodation where I can share bills etc. and I know exactly what my outgoings will be. So, where should I start with becoming good with my money? I was thinking of starting a spending diary to see where all the little…
-
Options
Hiyah, I suppose I am one of the good news stories from this forum. Two years ago I registered on here when I had unmanageable and frightening unsecured debts of just over £60k. I have diligently paid off what I can and today I have cleared off £20k of that. One or two of the debts have cleared altogether, another 2 or 3…
-
Is an email as good as a letter?
Hi this is my first post, I need some help and this forum seems like a great place to get it! I have made MBNA an offer of £1000 to settle my £3200 debt. I have asked for a letter assuring me the remaing balance is closed and won't be passed on to a third party but they will only send me an email due to time restraints.…
-
How much money will a debt collection agency take me to court over?
How much money would a debt collection agency take me to court over? I'm assuming it would not be feasible for them to take someone to court for less than £1000 ? This question isn't related to debt avoidance. Thanks
-
whats the likelyhood and could they reduce?
i have a credit card with lloyds tsb, the interest rate is very good but the credit limit is pants! i have had i think 1 late payment in 2 years so its in good order, as well as my loan with lloyds tsb all is good apart from one late payment in december 2008. maybe youve seen before on a post i have a joint account my wife…
-
Who's quit smoking cold turkey?
The wife is giving up smoking. She only smoked around 8 a day anyway, last week she cut down to 4 or 5 a day, yesterday she didn't smoke any and decided to quit completely. A week ago I put a pot out and said we'd put £5 in every 4 days, and it was up to her to spend it on fags or anything else she wanted (CDs and DVDs and…
-
debt from accident - very angry!
I am still of work from a car accident (3rd parties fault) in April. I feel the system and my solicitor are a joke. I have been waiting over two months for an interim payment and am getting more and more in debt. My solicitors advice..... can i get money from friends and family (NO!) or apply for another credit card. I…
-
CCJ/DMP/Mortgage
Is it possible? My partner owns a property which we rent out currently due to the fact it is too small for us. We are putting it up for sale this month. He managed to culminate £30k of debt of which we are now paying off through a DMP. He managed to get a CCJ from one of his debts and a charging order against the property.…
-
Its the Monday 19th July *Daily Chat*
Haven't started one of these in a looooooooong time:) I guess change happens for a reason and I am in a much happier place than I was 2 years ago. The members of the DC played such a big part in helping me to see the light at the end of the tunnel and for that I am forever greatful.... Too many of you to list but you know…
-
Question about debt management plans
I have posted on another thread. Thanks so much for the advice and will put my soa on there this evening when I am home from work. I need to speak to someone about a debt management plan. I was going to ring CCCS but can anyone tell me if they will manage the correspondence received from the creditors or if there is…
-
Debt Collector
Hi Sorry if this is the wrong place to ask but couldn't find where was best. A few weeks ago i received a letter at my house that wasn't for me so sent it back to the sender with a note on the front saying not know at this address. At the weekend i received another one, i have lived here for almost a year now and it is an…
-
Monday 19th July - 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…
-
Time to face the music i think
Hi all I am in a complete mess with money. My outgoings are exceeding my incomings and I have been using credit to pay credit and have reached all my limits. This has happened due to a lot of reasons including having a baby and living off maternity pay and my husbands business failing so he has been unable to help me with…
-
Best way to tackle a small amount of debt?
Hi all, I built up a few thousand pounds worth of debt (two overdrafts and credit cards) while I was a student (on top of student loan which is automatically paid off from my payslip at around £80 a month and I don't count as debt I can have any further impact on). At the end of my degree, I got help in the form of an…
-
Invalid Default Notice
Hi If an account that is regulated by the Consumer Credit Act is terminated on the back of an invlaid default notice then does the creditor lose all rights under Section 87 of the CCA? Thanks
