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Small payments or one big payment?
I have a loan of £14,000 (or at least thats what it was last time I looked - might have gone down to about £13,000 by now). The interest rate is 7.2%. Last year I paid a little extra off it every month of whatever I could afford so some months it was only £10 and others it would be £400 depending on what I managed to…
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Aviva default order
Aviva have been messing me around. They deleted the direct debit from my account (I have a letter from my bank confirming it wasn't me or them who deleted it and they admitted on the phone it was them!). Anyway on the very next day they registered a default order against me. I couldn't get a response from them so I have a…
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Quick question Re statute barred...
Hello all, just a quickie for the more knowledgable :cool: Can an overdraft become statute barred? If its not been paid towards etc for over 6 years? or does it only apply to credit accounts ie Loans, credit cards?
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BPO Collections Doorstep Collection Notice
I've just recieved a letter from this company, I have never heard of them!!! The letter states} Dated 27/01/2012 Our Client: Credit Account Management (I have no idea who this is either!) We have instructed our field agents to VISIT YOUR ADDRESS TO COLLECT THE DEBT. You have made this action necessary as you have ignored…
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Loan company refusing to update credit report
Hi, I took out a series of loans with a well-known payday loan company over several months. (I know they are bad but I knew the situation with them and accepted the cost of them, but that's another story.) My issue is this: I paid each one on time in full every month, and they reflected this fact on my credit report…
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Refinancing question
Hi, Not sure if this is the correct forum to post in, so sorry if it is. I have existing loan, credit card and overdraft with RBS and I am looking for a way to to consolidate that debt into one monthly payment. The problem however is that my credit report is poor at the moment (I have a default from Vodafone that I am…
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car finance issue
We have missed 2 payments and have arrears of 520.00 we only have 4 months left on agreement. We owe including arrears 1972.00. We have offered 2 pay arrears in full but finance company want to take us to court. Will we lose our car?
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How did I let it get this bad?!
Hi all This is my first post, kind of an admission I guess... and isn't it terrible that reading posts from other people in the same situation actually makes me feel better?? I'm in my early 30s, married, no kids, employed.. been very stupid with money over the last few years. It started with getting made redundant, then…
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Settlement Figure???
Hi all, I have two credit card debts: 1. MBNA £10k 2. Santander £3k Got into trouble with payments when our 2nd child was born 2 n half year ago! :o Have been making token payments of £1/month for last 2 yrs, recieved letter from MBNA on monday saying outstanding balance has been purchased by Idem Capital Securities Ltd.…
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default and no CCA
Hi, I was hoping someone might be able to help. A year ago I started the process of requesting a CCA from robbo way and have never been provided with anything enforceable. The letters continued and I continued responding, basically saying that until there was a proper CCA I wouldn't be making any further payments. Anyway,…
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One small step for little old me!
Newbie to posting on these forums. Spend many hours reading all your lovely stories/hints & tips though :) I'm just doing a little mini-wave and celebration as I've reduced *one* of my overdrafts by £50!!! May not sound much to some, and it still stands at £700 but i'm hoping its gonna put me on the slow path to being o/d…
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Help with my debt please :(
I need help trying to get rid of this debt. The following is a detailed list of my outgoings. Firstly not making an excuse of why I’m in this mess, let’s just say I was application happy a few years ago, planned to pay back what I paid for on cards and well it just escalated. No excuses what so ever. OK So here goes:…
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Statute Barred Debt on Credit History
Can anyone help me? I have a 7 year old debt on my credit file that I have had no contact and made no payments for 7 years. They are not chasing me and haven't as of yet. Should I send the statute barred letter or leave it be? Also, it is still showing as an active debt on my credit file. It hasnt been defaulted even…
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My story so far
I thought I'd share my story briefly as I'm feeling a little low today, but also I thought I should at least recognise the steps I've made to sort out my finances. I fell into the usual traps post university of 0% credit cards and living beyond my means. When my late 20's hit, that's when it hits that you have to pay this…
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Debt affecting partners?
Hi everyone Just a quick question about if/how debts and being on a DMP affects people you're directly or indirectly tied to. My situation is: Currently seperated from husband, name is on the mortgage still but he is taking that on in the divorce, my name is also on a joint loan we have together that I've been told would…
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Help......rossendales!!
hello i'm new to this site and would like a bit of advice. I have been paying 50 pound a month to rossendales for old rent arrears dating back to 2004,I was struggling over xmas and couldn't make a payment.Rossendales rang me yesterday and asked me to pay the debt in full which is 748.00,i replied that i couldn't and if i…
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Spreadsheets - how do you use them?
So this morning I decided to create myself a little spreadsheet for my 2 credit cards and loan. I am already addicted! I just have running totals and columns for interest and payments made. It is really encouraging me to overpay, even if it is just an extra pound or few pence. I feel I can see the light even though it is a…
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2 weeks on from LBM
Hello everyone, some of you may I remember I posted just over 2 weeks ago about the debt I have had kept hidden from my husband and finally telling him and fear I had he was going to leave me. 2 weeks on he is still here and is being very proactive in trying to get all this sorted. With the help of the CCCS we are going on…
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Dealings With Payday Loans Diary
First post here but been lurking for a while :) I (like many here unfortunately) have managed to fall into the payday loan trap. I'm not going into details of how & why as its a familiar story. Also if you are just here to write sarcastic & holier than thou comments please move on - you dont help people in situations like…
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Moor croft debt recovery limited
Good morning all. I am wondering if you can help me on this matter as i am finding it very hard to speak to someone at Citizens Advice!! Back in 2010 i had 2 cataloges, one with Marisota and one with Simply Yours, the final balance when i stopped paying was £550 on one and £850 on the other, due to charges and what not…
