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Car Boot buy/sell challenge
I've decided to be one of those early bird lurkers and get to car boot sales as early as possible after being inspired by a friend of mine who would only buy an item for 50p and sell it on ebay for a nice little profit - this paid for her gym membership in the build up to her wedding. So - 1st car boot visited this morning…
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Incorrect Data Processing?
If Vanquis are passing on incorrect details of my debt to a debt collection company (1st Credit), is this classed as breaking the Data Protection Act? The debt company have got me owing a lot more than I do, but I think Vanquis' statements show the wrong amounts also. (I cannot do a thorough check for payments made by me…
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Overdraft / loan advice please
Hi, I'm just wondering if someone could give me their advice. I have a £500 overdraft with Nationwide, which was interest free, and have just been told via a letter that 'my credit score did not reach the level required to renew your facility'. They are going to add interest to it from the end of this month, 1.45% variable…
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Full and Final settlements help needed
Hi all, Since Nov 2008 we,ve been on a DMP through CCCS with 9 creditors between the 2 of us. In total we pay £600 pm to CCCS which they distribute between all the creditors which equates to just under 50% of the contractual payments to each creditor. The creditors have all accepted these reduced payments and seem quite…
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Help with Debt Recovery & Litigation Services (HFC Loan)
Hi! I took out a loan with HFC a few years ago when I was working. Recently I've had to give up work to care for my Dad. My income is reduced and I've been paying a reduced amount to DRLS. It was more than I could afford but I got 'scared' into making the payments after buckling in a phone call from them - I paid then at…
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default notice
Hi in pani mode I received from Citi Cards Default Notice Under Section 87 Consumer credit Act 1974, to pay the arrears or futher action will be taken. I am paying on DMP to them at the moment. What reply do I send them, do I go down the route of providing me with my credit agreement or ignore the letter. Advise needed…
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1st Credit - 90% off debt??!
Hi guys and girls, I received a letter yesterday from 1st credit regarding an overdraft I had with a bank (who I am no longer with) from a number of years ago. I think the debt is statute barred as I think it was over 5 years ago since I had any communication with them 1st Credit. (I live in Scotland). The problem is that…
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Interest on my overdraft
Hello, Apologies if this is not posted in the correct forum. I have just received a letter from my bank saying that the interest free part of my student overdraft is decreasing at the end of July. This will mean that I will have £600 which will be interest chargable. With a rate of 17.81% EAR, how much interest can I…
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Help with unenforceability letter returned?
Can anybody advise me on the following: I followed debt free wannabees advice ( Thanks for that) and sent a standard 1st SARS letter asking for a copy of my consumer credit agreement for a loan i took out in 2003 which i subsequently defaulted on as i lost my job. I have been paying a token payment of £1 a month for the…
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SOA Time to clear my debts!
Hi, Any ideas how I can make this any better? At present I am trying to pay £300 pm off of cards etc but is a real struggle. OH pays me amount quoted as his income and whatever else he earns is his own and he wont budge on this (long story!!) I just want to get sorted once and for all as I've been in this posision before…
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Phew its a scorcher!! Sat & Sun Daily Chat
Morning all. Hope everybodys well this morning. I`m quite excited as i had a 1st viewing yesterday & the for sale board only went up yesterday! I`m off to a carnival later this afternoon then off to the cinema to see Predator with my other half. We`re watching it in the directors hall of the cinema which is apparently a…
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Sat 10th/Sun 11th July - What small DFW things have you done this weekend???!
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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MBNA Full and final
Hi my husband has a debt with MBNA of £7800, heh as been paying for the last six months regular payments of £14 due to financial hardship. MBNA have been calling regularly regarding this saying they need him to pay more money per month, he spoke with them earlier this week and advised that his dad was going to give hiim…
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Do I pay this fine or not...
Hi, I have a fine to pay to the tune of £525.00 remaining. I'm paying this at £25 per week and have 21 weeks remaining. There is no interest charged on this. I also have £1,056.55 in an ISA, which is paying me 2.23% AER paid monthly, however I only get the monthly interest on this if I do not withdraw any cash in that…
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Advice needed please to get rid of overdraft
Hi When I moved house a couple of years ago i found costs spiralled and I ended up using my overdraft to pay high bills. I went from a monthly overdraft of about £40 to £3000. This may sound pathetic but I have tried hard since then to clear it, but sods law every time I save a few hundred something in the house breaks and…
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Removing old paid CCJ?
Hi I've just joined his forum so I'm a little green regarding anything related to CCJs etc so apologies in advance. Think my situation is a little complicated, I'll try not to make it too long winded but I'm really suffering financially and could really do with some advise... To me my situation sounds like the same senario…
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Advice needed regarding a Court Hearing PLEASE
Hi, everyone, We have been on a DMP with CCCS for nearly a year now and everything has been going great up until the last month. One of the Creditors (MBNA) had referred it to a solicitor and then they passed it onto court for a CCJ. They requested the pay the full amount ASAP, which we couldnt do so we sent some forms…
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Is "prove it letter" the best way to get a notice of assignment ??
We have a couple creditors that are dancing around with their wording and won't simply say who owns the debt. I'm fast becoming tired of this. We sent out letters requesting specific information on who owns the debt, which office we should correspond with (as some have numerous offices that we are getting letters from and…
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Debt just sold but balance is incorrect - best way to handle?
DH's debt with MBNA has just defaulted and (apparently) been sold to a DCA. We sent a letter to MBNA requesting verification of exactly what the status is (for example, was the debt sold to this DCA?), and they haven't bothered to respond. The DCA has sent us a letter stating that they bought the interest in the account…
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Data Protection Act Section 10 Does Not Apply
Hi Guys After sending one of my creditors The Data Protection Act Section 10 template from this forum, requesting the removal of my telephone number from their systems, I have received the following reply. "We do not agree that section 10 DPA applies in this case because: you gave us consent when you applied for the…
