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1st dfw month ... going better than i thought
I am so pleased i found this site if i hadn't i know that i wouldn't have done any thing constructive about my debts just buried my head furthur in the sand. I have several different buy it now pay later from spending on catelogues all ending at diffeent times, i paid the first one of which was due this month and only…
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Weekly Spend Challenge W/C 17th April 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.…
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Credit card companies own dmp's
I am going to set up a dmp with payplan or cccs. Either of these will take a while to set up but in the meantime I have credit card payments due this month for which I can't afford to pay the full minimum repayments. I have spoken to two of the cc companies to say I can't afford to pay the minimum paymemt and they offered…
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On a self DMP
Hi Just a quick question. Being on a self managed DMP and paying by standing order, is it ok to make extra/additional monthly payments if I have any spare cash left to one credtior to try and pay off sooner, or would the others not like it Thanks
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Help :(
Hey guys, I'll try not to ramble! Basically I have now admitted to myself I need to take serious action before something bad happens! I'll try and include as much info as possible! A year ago I took a car out on finance with blackhorse finance! I put down £500 deposit and bought the car for £5000 at the time this was…
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Crikey, I'm debt free!
After 8 long years, my final student loan payments (the old mortgage style ones) went out last month. I was so used to the money floating out of my account that it was only on Friday that I realised I'd finally finished paying for my six years of university.:D I know it's claimed that student loans are the cheapest finance…
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Son's baliff action for non payment of fines
Hi I wonder if someone has some advice. My son has a court fine that he hasn't paid - he has tried several times to ask the court to reassess how much he needs to pay. It was set up as £10 pw & he receives £30 pw EMA, he has been unable to work as part of this has been he needs to do community service as well. He went to…
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Help / Advice Would be most welcome!!!
Can't believe am posting this.... Feels like goimg to Tesco naked lol!!! However needs must and all that...:rotfl: Statement of Affairs and Personal Balance Sheet Monthly Income Details Income from Employment (after tax). . . . . . . . . . . . . . . . . . . . . . . 1,884.75 Income from Self Employment (before tax). . . . .…
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mortgage arrears
Well I sent my mortgage company our income and expenditure form and an offer of payment off our arrears. They wrote back and said no to the hundred and fifty pounds extra on top of our mortgage. Reason being they think we have four hundred plus spare. We are on benefits as both disabled so its not as if we have a massive…
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settling with hsbc
hi, ive come to an agreement with hsbc to pay a lower settlement figure for my personal loan, credit card and overdraft. i requested a letter from them stating the figure theyve accepted with prove they will not chase the remainder of the debt. the letter only relates to my loan account.…
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Ultimate Snowball
Hypothetical question. You have 5 debts of 5k each. Each take £150 a month to service, of which £75 reduces the debt and £75 pays off interest. What if you were to stop paying 4 debts and make one payment of £750 to one debt, once that is paid off move the £750 payment to the next and so on. Is this a quicker way of paying…
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Advice on how we can save money or is there anything we can claim
Hi, we are struggling to keep our heads above water financially and was wondering if anyone had any advice or knew if there was anything else we could claim. I cant work as i look after my 2 children and couldnt afford the childcare, have thought of lots of ideas but partner works away and so couldnt even do night !!!!!!.…
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Impact Collections (Vanquis Card)
Hi, not been on MSE for a while, this enquiry is for a friend! He has fell behind with his payments with Vanquis, due to a circumstance change. The interest charges have been approx £53 a month an an odd £12 late charge. Now it has gone to Impact Collections which I'm sure is a part of Vanquis, will they stop the charges?…
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Does anyone have any knowledge of Wescott debt agency?
Hi All, I just received a letter from these people saying they have been instructed by RBS to recover £190. I've never been a customer with RBS. It seems dodgily worked too, as the letter was sent to my old address (fair enough) but states ' If you do not contact us to confirm you are this person, we will presume our…
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Credit resource solutions LTD. & swinton. PLEASE HELP
Hiya i need some advice, i had motor insurance with swinton and was involed in an accident and while i reported this accident the 3rd party has been disputing what happened. My car was a right off (economically) and as it wasnt drivable i bought a new car. I called swinton as i got a good deal with a different provider so…
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Switching to interest only mortgage
hi Has anyone ever switched from a repayment mortgage with halifax to an interest only deal, for a temporary period/ I am trying to bring my cc debts down, this may be an option , as in a years time i would have paid off my bank loan so will have more money to pay off the cc debts. I'm nervous about approaching the halifax…
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Which debt to pay
Hi Quick question regarding which debt to pay extra off with any spare cash. Our debt is as follows: 1. 5k unsecured loan 2. 7k on credit card interest free for 6 months 3. 46k mortgage - property currently on market looking to upscale - need more space as growing family and deposit and fees on new home currently equity in…
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Another newbe
Hi everyone. I thought it was time to post, i've been lurking for months now. I had my LBM in March 2011. I finally admitted to myself that i had to sort it out, as since xmas i have been in my reserve with the bank and suddenly had a panic that if i didn't sort it out i evetually would be in a position where none of my DD…
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northridge finance really need advice
Hello All I really hope someone kind can advise me as i am in a bit of a mess. I am currently in a DMP with payplan which is going along okay at the moment. I have a car loan with Northridge finance which i have stupidly gotten into arrears with of £1600. My usual monthly payment is £145 so yes i have fallen well behind. I…
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Just been fined yet more bank charges. Where do i stand?
The amount i am talking about really will seem petty to you guys but it's got me right down after logging on to my internet banking. About a year ago i got an emergency pin because i lost my card and Natwest gave me £250. Now i have Two accounts with them and they took the money from the account that had no money in. Not…
