-
Need to change bank accounts/Offset rules
I have current credit cards debts, overdraft and mortgage with Natwest, so need to set up alternative bank account. I also have debts with the following: Egg MBNA Barcalys (could be paid off as under £100) Halifax I need to set up an account to avoid any offset rules by the above. Any ideas?
-
Advise wanted on debt management plan with creditors??
Hello, We have got ourselves into a bit of a mess regarding our finances and our outgoings now exceed our income. I am thinking about entering a debt management plan to reduce my payments to my creditors but would like to know what the procedure is and how it will affect me (apart from obviously damaging my credit rating…
-
Too scared to answer the door :(
Hi, I am looking for advice please, I am married but I pay all the bills even though Im a student nurse and he's self employed, his money stays with him which annoys me loads. Anyway, I have been paying bailiffs off for council tax from last year, the bailiffs came and listed everything in my house even the toaster! Now Iv…
-
Safe way to pay a debt owned by a dca.
Hi guys. I am now in a postion to fully pay off a couple of old mobile phone contract debts now owned by a dca. Which is the best way to go about this? Should i write to them? Which form of payment is most secure? I dont want them messing me around saying they havent accepted my money. Thanks
-
dmp
Hi there, apologies, this is my first time, so a bit unsure what I'm doing! I have a debt of £7500 and am struggling to make payments although I have not yet missed any payments. My bank, whom I have most of the debt with, will turn it all into a loan BUT I was also considering a debt management plan which means I will pay…
-
Cant do this anymore - SOA
Hi, We have been struggling for years now and this week has been the final straw! Our Tax credit renewal plus the fact that our eldest has left school now means that with the loss of child benefit for him and the change in Tax credits mean that we have lost over £250 per month. I just dont know how we will manage. We use…
-
Debt Arrangement Scheme Scotland
I am in the process of applying for a joint DAS with my husband. Is it possible/advisable to go down the route of reclaiming bank and credit card charges once we are approved for DAS?
-
Debt Recovery Agent (Fredr'sons) sending me calling cards
:(Hi Guys, I'm panicking a bit. I have had 2 postcards from Fredricksons claiming that a recovery agent will be calling at my home next Thursday. Its plain view and my mum saw it and his hit the roof. I have been drip feeding them, but they are extremely agressive and I dont know what the will do. Anyone recieved similar,…
-
BOS can not provide me with a copy of my defaulted credit agreement...advice pls..
Having recently checked my credit file with Equifax I noticed a defaulted account dating back to June 2007 with Halifax. I recently wrote to Halifax with the below letter: Dear Sir/Madam: Having check my credit file with Equifax it notes that I may have a default account with you which was last updated to reflect an old…
-
Christmas saving challenge, anyone up for it?!
Hey all, I've just come across a thread from 2009 re: £10 a day, and would like to set myself a target of £20 a day for the rest of this year, which in effect would get my mortgage paid. Lets get going on 1st September, finishing on 31st December! Why don't we all set a target to gain a little extra, which can include…
-
Help with DMP
Started on a DMP with CCCS was with them approx 12 months then made the decision to go it alone , all been well for the last 2 years , interest has all stopped but the problem i have found myself in now is because the creditors renew my plan about every 6 months they always expect me to up my payments alittle , if i dont…
-
Credit Report Info - One Creditor Missing
I've just checked the first of my credit reports, and one of my creditors is missing from there - is this normal? Is it right that not all creditors report to all CRAs? Also, I was expecting to see most of my accounts in default but only one has defaulted so far despite being sent a default notice by most now - is this…
-
Old debt
Hi I have a debt problem and have no clue who to get advice from or what to do about it. I received a letter today from a debt collection agency advising me that 3 weeks ago they were sold a debt of approx £750 in my name and at my home address for money owing from the period of 1998-2000. I have spoken to the company who…
-
Hip hip hooray
Well, after finally facing up to having a financial problem about 18 months ago, going public - talking to my partner about my out of control money issues and crying with my mother. I am pleased and proud to say that today WE made the final payment on MY debt. In the last 18 months following advice on here, scrimping,…
-
Pay Day Loan Mess
Hi. My daughter has got herself in a mess with a few pay day loan companies, one of which is called The Cash Store. She has a very low paid job and a baby. She is being telephoned constantly by these people demanding that she goes to their premises to pay them money. The company named above has also issued a default notice…
-
Updated SOA he's finally had his LBM!
Please Delete OH doesn't wish to have have his details online Thanks
-
dmp or iva
i have had conflicting advice from payplan and national debtline, one says go for an iva the other says its risky. i am in debt to about £26,500, loans and credit cards, all priority debts are up to date. I have moved to a safe bank. I earn £1467 net per month. I live with my partner who gives me £200 towards the bills,…
-
Bailiffs - do they have the right to take my goods when my daughter's in debt?
I would be grateful if someone could tell what rights bailiffs have? My 27 year old daughter recently moved back with me after she broke up with her boyfriend. I have NEVER been in any debt, in spite of being very poor for most of my life and had drummed it into her not to get into debt but she didn't listen! He was a…
-
first step(s) on path to being debt free
Hi - I am new here, having only just faced up to the fact I have to do something about my debt. A brief introduction and history - I am parent to a teenager, a toddler and step parent to 2 more teenagers (all boys) I live with my partner in a rented house we moved to after having to sell my own property with negative…
-
Just got a loan from my bank... Only went in to pay a cheque in!
Well, what a strange day so far! Went to the bank this morning to pay in a £10 cheque from a comp win, chatting to the woman about needing to pay off my credit cards, store cards etc. I said I had applied online to get a loan to pay them all and was refused. Long story short, she applied in branch for me, and I was…
