-
Creditors ignoring my letters
Hi, I've recently had my lightbulb moment, and after everybodys help after posting my SOA, I decided to write to my creditors and the debt collectors as none of the phonecalls i make have been getting me anywhere, and then receiving harrasing amounts of calls back. I have written a letter to each and sent them all recorded…
-
payoff loan with redundancy?
Hey all, Unfortunately I am being made redundant, but I am confident of getting another job. My main issue is that I have a large loan and I am considering paying it off with my redundancy money IF I have another job, paying a salary around what I have now. Is this the best thing to do? or should I invest?
-
advice please re buchanan clark and wells full and final settlement
Hi there. Looking for a bit of advice regarding a full a final settlement figure. We have a debt with Buchanan Clark and Wells for an old electricity bill. The debt is currently for around £200 and we are currently paying £23 a month to them. We are now in a position to pay this debt and have noticed that there is a…
-
Experian help please.
Hi guys, I am just trying to sort out my debts from ages ago as i am moving house and i know i am going to have more money spare. Im currently 25 and when i was 18 i started taking credit out left right and centre. My 1st debts that i am going to pay off 1st is 2 loans i have in my grandparents name (as im a wagon driver…
-
Does anybody use the Piggybanking system?
I would like to sue the system but can't decide what to put into each account. In ML's article he suggests holidays etc but I don't think our budget even stretches to that much at the moment.
-
Which way forward?
Hi hope someone can help. Have nearly 30k of credit card bills, already remortgaged so no equity. My outoings are £300 higher than my income every month. I pay £850 a month in credit card bills, but would like to consolidate them into a load. Would anyone touch me, if so who? I dont want to lose my house but need to find…
-
Weekly Spend Challenge W/C 6th February 2011
Hello everyone . Welcome to the weekly spend challenge. This challenge is open to anybody, no matter what financial place they are in. On this thread please post an amount of money you wish to stay below within the week (Sunday to end of working day on Friday). This can be pennies or thousands it depends on the individual.…
-
Best way to clear debt - any moneysaving suggestions welcome
Income per month is £2550 DDs £1190 Food/Petrol etc £660 Activities for Kids £80 Other annual costs averaged over year £150 Left per month £500 Have the following debt Mortgage reserve £6500 @ 5.04 APR Loan £11600 @7.8 APR - nearly 5 years to run (can make overpayments) Credit Card £1200 @ 15.75 APR I really want to get…
-
Pension and debts
I'm currently trying to make up my mind whether I should stop paying into my pension for a year to clear my debts. The pension plan allows you to take a break for a year and if I did this I would be able to save enough to make a full and final offer on one of my debts In a years time. There is very little chance of me…
-
Capital One question.
I have got myself into something of a pickle with my credit card and am having problems meeting the minimum payments on my account. Long story short, I have written to Capital One advising them of my current circumstances and have provided them with an income and expenditure form detailing my financial situation.…
-
Time For Happiness
Happiness is all i want time to change yes i took the wonderful step by joining christians against poverty, and started a DMP i am looking to start complelety afresh and write my feelings on my thread over this next year and a half and watch as my story unfolds how i become debt free
-
CCJ papers arrived what shall I do?
Hi, I don't know if anyone can help me. I recieved CCJ papers from Northampton County Court on friday regarding a debt with Nationwide which is being dealt with by Bryan Carter solicitors. I had a phone call from BC on Thursday informing me that these were on there way, before this they had not contacted me for nearly a…
-
F&F settlements
I wondered if anyone can give me information, about full and final settlements I am in a DMP one of my accounts is with next and the balance is less than 60.00 I would like to settle this but i am worried that if i settle this the rest of my creditors may not be happy and may start to charge interest again, I know i can…
-
Negotiating settlement sum for credit cards - credit rating????
Hi I am not often in this neck of the woods on the forum....I am usually in weddings, old style or having a good old nosy on marriage/relationships etc. When in actual fact, the only reason I even need to be concerned about being MS is because of debt!!! So I have forced myself over here. Anyway, I have quite a few credit…
-
please any advise greatly appreciated -need to get out of this hole
Firstly i am greatly comforted to know there are people like yourselves whom are kind enough to give their own time to help others on this forum. My problem is knowing what to do next. I am in 14000 worth of debt on credits cards. The apr has gone up and just managing minimum payment.I am just paying the interest each…
-
Brian Carter - answered template letter after 8 months!
I sent this letter to Brian Carter last June concerning their demands on behalf of Nationwide Bank. ( I then followed it up with the standard template letter from this site). This week they have written to me stating that they don't have to supply a credit agreement as the matter is connected to an overdraft. Contact them…
-
Monthly cash in jars (again!)
Hi, We are trying for the hundredth time to take out our cash for the month and put in 4 different jars, food, petrol, miscellanoues and entertainment. We never seem to keep it up for more than a month or 2 at a time and repeatedly go off the wagon. Anyway we now need to clear our credit card and overdraft and have started…
-
Does a company have to tell you the reason you are declined?
We always get the standard check your credit file, but I heard on one of them consumer programmes they have to give you the specific reason but it may take a bit of a push for them to do so, Is this true?
-
How long does a Levy last for?
Hello, I just wanted to ask if anyone knew how long a Levy was actionable for? Can a bailliff do a levy which is then forever? Or do they expire after, say 12 months? Thanks in advance if anyone knows and can help
-
closing account questions
Dear all, I have read on another of my threads that it is possible to ask a credit card company to default you and close the account and that this will stop interest?Is this right? Would I be able to pay it off gradually still or would they expect the full amount at closure? Thought i would start a new thread to get more…
