-
Card Protection Plan (Barclays) advice needed please
Hi Just out of interest card protection plans - the ones where if you lose your wallet one phone call gets new ones sent out, old ones cancelled and so on. The only thing I have found in the search is that these might be associated with mis-selling. Aside from this, anyone have any views as to the value of these? Some of…
-
Taking Control-----Need Advice
Hi Everyone I'm new so let me know if you guys need any more information! I have been in debt for a long time now 16k and finally went dont the route of a Debt Management company around four years ago, which was a god send as I they took the stress out of it. I have been used to paying the monthly fee £157 a month which I…
-
CCJ and charging order
Hi, I am on a DMP and went to court the beginning of november for santander to be given permission to apply for a charging order (restriction order as debt in my name and mortgage in both). the judge granted them the permission to apply for onebut as yet i have still not heard anything on a hearing for this. obviously i…
-
what to do about mt debt
hi my hubby lost his job , but has been very lucky to get another one straight away. the only thing its 6500 a years less than what he was earning.(better than dole)we have about 17000 of debt that we where struglling to pay them before ,but now because of the decrease in pay we are in deep trouble as we cant afford to pay…
-
Creditors stopped contacting me. Now what?
Due to various reasons, I have been under a pile of debt for the last six years or so. These are made up of three banks and three credit cards, and total around £25k. Over the years I have tried to make payments when possible, and have fought off debt collection agencies and countless threatening letters and phone calls on…
-
Stuck in a miserable job because of debt. Which course of action should I take?
Hey guys, I am currently in a promotion which is due to end in october this year. The money is nearly £7000 more a year compared to the job i will go back to. Now, here is the thing. I really dont want to get stuck in the job i was in for 4 years again when my promotion ends. I want to move away to Chile. i have some…
-
Finally ready to take the bull by the horns!
Hello All I'm finally in the right mindset to take the bull by the horns and sort out the mess that is my finances. I have a few legal things to sort out then I can start making payments so I thought I better get prepared so I know where to start. I have completed the SOA and must admit it's the first time I have been…
-
What small DFW things will you do today? Monday 20 Feb
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…
-
creditor asking for proof of incomings and outgoings
I have recently sent an updated financial status of my incomings and out goings expenditures which shows i have had to reduce the amount of money i was originally paying them on an agreed reduced monthly repayment agreement. They have replied accepting the lower amount but have now asked for me to complete a financial…
-
to secure loan or to struggle on??
Hi. I'm wondering whether it is worth getting a secured loan on my house (equity approx £90k but can't release equity as already tried). My debts include 3x overdrafts, credit cards and a loan totaling just under £20k. my repayments and fees total £600 per month but the loan and credit card will be paid off in 2 years if i…
-
Potential DMP & Credit
Hi all New member here! We're currently investigating a DMP with CCCS. Nothing has been formallly agreed as yet however we really need to sort it out but my query is this: We've just recently brought some presents on a store card who will become our debtors. If we go ahead with the DMP, will they be funny about the fact we…
-
Mackenzie Hall - Please Help!!
Hello everyone, I'm hoping someone on here will be able to help me. A couple of weeks ago I received a letter from MH titled 'REDUCED SETTLEMENT OFFER' for £135.29 for Vodafone. The letter states after repeated efforts for payment the accout is unpaid. The letter then offers me a reduced settlement figure of £101.47. At…
-
selling the debt without telling the debtor
It seems that creditors have no obligation to tell the debtor that they have sold the debt - is there any particular reason why a creditor would choose to stay silent? More importantly, if the debtor is making token payments, and does not know that the debt has been sold, then where will the token payments go? Finally, the…
-
Newbie needing help
Good Evening, I'm new to the forum so please go easy with me! :) I'm actually not in a too a bad position financially at the moment however, it has taken my hard work to get to where I am. Five years ago, I was financially broke and barely had a penny left over at the end of each month. Thankfully I then met my girlfriend…
-
New member! So confused.. Need advice!!
Hello I am new to this so I need some advice to help me sort out my money issues. I am looking to move out into my own house in the next 5 years but I want to sort out my finances and get my credit score up. I earn between £780-£850 a month, I have an overdraft of £1600 which I pretty much use every month (bad mistake I…
-
On The Right Track ?
Fed up with OH's constant overspending, I'm taking over the finances, backed by OH's mother and mine and in the face of three determined women OH has backed down. I've put a thread in loans asking questions about his loan because I'm not happy with Northern Rock. However it's a fixed rate repayment loan that ends in 2016.…
-
Please can anyone help am in a mess!!!!!
I run my own buisness that has struggled with the ression. I am a company director my own debts are now at £25000 and as i am struggling to take a wage have maxed out credit cards to the sum above. Each month my dd for cards are now bouncing encuring late fees over limit fees and interest then bank fees for unpaid dds.…
-
SOA and Credit File Information
Ok, this is maybe a little back to front as I (when I say I that means we, I have a husband who does the earning while I am trying to rebuild the ship) have had a couple of threads running asking some questions about how to deal with specific debts. I am now trying to really get back to basics. Below is my SOA, which shows…
-
CCJ Partial Settlement
Advice needed please I settled a CCJ 3 yrs ago and am trying to get clearance from the courts, but am horrified to learn from my creditor that this was only partially settled and that this was discussed with me at the time on the phone, which I totally refute, as I had the funds to settle and would not have accepted…
-
Overpay or save for F&F payments?
If good budgeting means that someone on a DMP is saving money, what's the best method to bring down the debt quickly? - Overpay something each month? - Save up each week/month, then take a lump sum and get the best F&F offer you can? Obviously circumstances are different for everyone, but I'm wondering what's the best…
