-
Debt repayment help
Hello, I have a few debts and need some advice on which way to pay them off. I have 3 debts £500 on a credit card not sure about the intrest on it. which os £13 a month payment £2500 on a sofa agreement which 0% intrest which ends 01/2014 at £68 a month £3039 fixed term loan at 17% which is £130 a month and finishs in…
-
Telling credit reference agencies you were unemployed?
Hi there, I hope someone can help. I vaguely recall having read an article somewhere that mentioned that you can contact credit scoring agencies, such as Experian and tell them when you were unemployed, so that they could effectively put a note next to your 'black marks', or something along those lines. Is this actually…
-
CCJ from southern water
hi, i recently looked on my credit report and found a ccj from southern water on it. to cut a long story short t wasn't mine. i had moved address but had no informed them and hence they continued to bill me for 4years. They have sent me a letter admitting that the bill wasn't mine but are unwilling to get the ccj removed…
-
Need help with our debt
Hi everyone. After much putting it off and not really facing up to things I am now pretty much at breaking point. I've done an SoA below, and made some comments on it to clarify some of the spending as I thought it may save some time and be easier for people to understand. We have been living beyond our means since we…
-
How much to offer to settle
Just a quick question lovely people. How much would you consider to be a sencible and realistic offer for a full and final settlement? I have a few creditors and I am looking to make an offer. I owe a total of £25k so would it be realistic to make each DCA an offer of around 25% - 30% of what we owe or would that be an…
-
Only have money in paypal - need to eat!
Hi, As the title says, I have £1 in my bank account yet quite a lot in my paypal. It takes quite a few day to transfer the money to my regular bank account. Does anyone know how I can get my hands on it quicker, or alternatively any way I can buy some food with my paypal balance? thanks so much
-
SOA - advice please
Even assuming I keep my job (it's at risk but it's the 1750 not the 3450 salary) can we really sustain this level of debt or should I try and get a debt management plan? Any tips welcome. We don't really go out and the gym is for our health and we use it regularly, but I've lost perspective. Can anybody advise? Statement…
-
worried sick!
We are in the process of setting up a dmp with cccs but until all the info and pack comes through I have printed of the letter to be sent with a token payment to our creditors. Until I do this I am worndering if there is any other way out? We have 100k equity in our house and a 36k debt, did think about remortgaging for…
-
Saturday 19th/Sunday 20th March - What small DFW things will you do 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…
-
Which way to go ?
We have a £100k mortgage on a house worth approx £275k. Some years ago we managed to secure an excellent rate for the last 7 years of the mortgage ( 0.5 % tracker ) however as our income dropped ( self employed ) we changed the mortgage over to interest only. The main reason for this was to try to keep on top of the huge…
-
Some financial advice please? :-)
I'm a bit rubbish with money, and I was hoping that somebody might be able to give me a bit of guidance on what to do with my current situation? I've got a credit card with debts just over 4,000. I've also got a loan that is due to end in September, which i'm paying just over 350 quid a month fixed amount on, and is…
-
considering a dmp - which banks are linked?
Hi, i was made redundant last year (i was earning £26k), before i was able to get a new job, my mother was diagnosed with terminal cancer. I lived off my savings until she sadly passed away in september. I started a new job in october (i now earn £17.5k) and am unable to pay my unsecured loans and credit cards. I always…
-
Paying off store card and overdraft help!
Okay so I have an Argos Store card which I've had for a couple years, I used it to buy a new phone and laptop and couple other small things which were on interest free periods, I lost my job before managing to pay them off so was only paying the minimum payment of abut 4 pound a month for about 6 months then the interest…
-
help pls
Ok thought it was time to bite the bullet and put it in black and white. :o Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... Number of cars owned.................... Monthly Income Details Monthly income after…
-
Ruthbridge Ruined My Friday :(
Hi All! I'm new to this forum and so apologies if i'm posting wrongly as i'm quite aware on what i'm gonna be posting has already been discussed, however, i'm still at a loss .... please help!. Today i received a letter from Ruthbridge Limited where they state that they are attempting to contact the above named person…
-
50k owed-remortgage or sell and rent?
We have been regulars on this site before and have been helped out lots :)thank you! We have friends who are in a pickle, owe 50k (a little bit of overspending each month over a LOT of months) earn 45k have outgoings more than incomings each month by £500 mainly due to £1300 a month in debt repayments.. Have advised lots…
-
Door step call
On returning home today a note was on the floor telling me that a representative of "ScotCall" had visited to discuss my outstanding accounts. Currently I am unemployed and whilst I know these issues need to be dealt with I am not sure how to deal with this company who I believe can be quite aggressive, they have left a…
-
Advice sought: paying £650.00 (!) per month in min payments on 2 x MBNA cards...help!
Many thanks for reading -- I greatly appreciate it. Cutting to the chase, I'm in a mess. I currently pay just over £650.00 to MBNA per month (servicing just two credit cards: one with £19,550 of debt on one; the other with £12,500 of debt on) in terms of minimum payments. The APR on each card is 30% or so. I therefore pay…
-
Have just fallen off the no spending wagon
After doing so well and not buying anything out of my limits I have just ordered a top from my Very account and have just ordered a pair of shorts from Topshop. (Although these were with money I do have!) I have been doing so well and now feel so guilty about it that I feel like I've failed myself. I know to some the…
-
Capquest Debt from a long time back, looking to clear it. Please help!
I worked for a credit card company when I was 18 years old who sadly encouraged me to take out one of their cards...I took it, ran up a 3k bill (increased from a £700 limit due to having friends working in customer services) and then moved house and ran away from it. The debt was passed onto capquest some time ago as far…
