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Newbie Sat Night Lighbulb Moment
Hi there :wave: New to all of this but I think its time to get involved. Been a member for a while but just hovered around the site, reading but not taking it in. Now I think its time! Sat here on a Saturday night after yet another weekend where we can’t afford to do a single thing – not even go to our local for one single…
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How does a dmp work?
Please don't shoot me down for this question, I'm not sure if we even need a dmp, as we are paying all our bills, and have money for food and the children's hobbies, I'm just wondering really. Do they take every penny into account? By that I mean, do we give every spare penny to paying off debts? Would the children's…
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Pushing DCA's to update CRA's
Hi there I need the DCA's I have paid off to update the CRA's fairly urgently so I can sort my mortgage. I spoke to Cabot today, they said they will pass something on to their team and look into it. Capquest on the other hand said they cannot do anything it's just done standard and it will happen when it happens, Lowell…
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Weekly Spend Challenge W/C 1st April 2012
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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Questions about debt
Hi there, I was hoping to get some advice on my debt situation. I experienced a big drop in income about 18 months ago and have since come to a self-administered payment arrangement with my creditors, that they have all accepted for the time being. The payments are relatively small in comparison to the total debt (about…
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distress warrant issued
my son has just phoned me saying that he has had a letter from philips specialist bailiff and debt recovery agents, it is a distress warrant for non payment of a magistrates court fine (for not having a tv licence) he is unemployed and lives with his partner who is also unemployed. We cannot afford to lend any money to pay…
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no point in second thoughts now
As of yesterday I had the following debts Legal aid £88 Choice £157.88 Very £450 Aqua £350 Capital one progress £195.68 Vanquis £1218 I have maxed out my overdraft and paid my own money subsequently now have the following debts Legal aid £0 Choice £0 Very £318 aqua £171 Capital one progress £0 vanquis £850 I only now have…
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Is opting out still a legal way of selling??
Hi all. I am in an IVA run by Gregory Pennington's "Think Money" Group. I am horrified to see that they have written to me today with details of a brand new service called Think Assist. Basically it allows you to access your credit file and claims to give "advice" around debts not covered by your IVA I have no interest in…
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Credit Card balance Transfer whoopsie
Hi All, I posted this a couple of nights ago on the credit card thread but only had one (not very useful) reply! As I am a DFW I thought I'd post it on here. I have made a bit of a balls up and not sure if I can straighten it out. I owe £6500 on two credit cards, ALL of it is on 0% interest. It's all finishing this year…
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Bit of a windfall
Just been given details of a small windfall circa £6k that is winging itself to me right now :) I have a couple of debts between myself and the wife, but we are trying to save a large deposit for a house. Was wondering what you suggest I should do Credit Card - £990 - 25% apr - £43 a month Credit Card 2 - £250 - 30% apr -…
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A right royal mess
Hey all, Since you all seem such a thoroughly knowledgable bunch I thought I'd post here. I have a friend (and for once that isn't an excuse!) who's in a right financial mess and as I am myself pretty inexperienced when it comes to these matters I thought I'd ask here for any advice. The long story short is that her…
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Need help to become debt free
I am trying to help my father become debt free. My father was in debt to the tune of £9,600, but with my help the debt has come down to around £6,600. This morning he recieved a letter from the debt collection agency (which took on the debt years ago) saying if he pays them £1800 in the next 14 days the rest of the debt…
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here is my soa :(
i am 21, a single mum and a full time student..... and i just dont know what to do! Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... 1 Number of cars owned.................... 1i need this to get to uni and drop and…
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Debts listed twice on credit report?
Hi - I have checked my credit report and all my debts are showing twice and my total debt outstanding is double than what it really is - can this be right? I lived in a flat for two years and then moved again 2 years ago. Could it be because I have two addresses? Still doesn't seem right though!!:(
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Sat 31st/Sun 1st 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…
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Lowell Portfolio Chasing a Paid Debt. - UPDATED
My OH had an old outstanding debt with 3 mobiles. He'd had a couple of letter about it, but finally paid it maybe 6 months ago, directly to 3. They confirmed that the debt was settled and the account closed. A couple of moths later he received a letter from Lowell saying he owed them the money. He called them, explained…
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Claiming money back from a friend.
Hello all, Back in late 2010/early 2011, I loaned a "friend" who shared a student house with myself around £150 (not a great deal to some but as a university student its considerable to me!) However, as the house contracts were due to run out this friend ran off from university back home. It emerged that he had not paid…
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Help end this debt please.
Hi there, I want to make 2012 the year I make a new start and get totally debt free and would like some advice/ reassurance that I am doing the right thing please? I will try keep this short as I can. Around the year 2000 I split with my partner whom I shared a rented property with for around six years, we had joint…
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Letter out of the blue from Mackenzie Hall
Hi all, Just wondering if someone could give me some advice? Have been wading through the masses of info on the internet but cant find quite the same scenario to match mine up with. Last week my partner received a letter from Mackenzie Hall (which from what I have read about them on here - isn't great) Saying that they…
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The Light Bulb is at maximum wattage!
I've finally had the lightbulb moment and its not pretty. It came about when I applied for a consolidation loan with Tesco and they declined on basis i had already got to much borrowing, which I had a sneaking feeling would be the case. My soa is as shown below: Statement of Affairs and Personal Balance Sheet Household…
