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Nearly there!
After being in debt for almost 12 years there is a massive light at the end of the tunnel! :j From 25th October this year I will be debt free :D To everyone that has reached their LBM, to those that are halfway, and to those that are nearly DF, please keep your spirits up! There WILL come a time when it is over :beer:…
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SOA's and high grocery bills
Hi All, I have noticed recently that alot of SOA's hve very high grocery bills. When I first posted my SOA, it was the same for me too. (2 adults - 2 children and bill often between £600 and £800). :eek: However, when I got serious about tackling debt and tried to keep track of what I was spending I realised that birthday…
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Tax Credit overpayment - can it be included in a DRO?
hi all, quick question to you lovely helpful peeps. i'm currently in the early processes of getting a DRO through the CAB and have received a letter from HMRC stating that i and my ex owe £270.00 (approx) I can't see how this could be the case but before i go through the lengthy and stressful process of arguing this with…
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End in sight, good news :):)
Well another payday, another £1k paid off the credit cards :) I started this journey last April with approx £14k of debt on CCs. I've tried to pay between £500-£100 most months to get debts cleared. It's been a difficult ride as i haven't bought myself much in the way of clothes/makeup etc and have cut back on what i…
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Its Bad And About To Get A LOT Worse
Long time Lurker here. I have never before had the couage to post, but now I have to take control. Me and DP are both high-earners, but always struggle towards the end of the month. We are going to struggle even more now as he has been forced to resing from end of October. I am a bit lost. Here is the SOA as it stands but…
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Doing DMP, Bank questions
Hi, Im in the process of starting a DMP and understand that I should switch banks so that the overdraft isnt automatically sorted by the bank once they find out that I am going into a DMP. Im currently with Nationwide (who have been very good and its a shame I will have to move). Has anyone got any recommendations? I was…
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next move? payday express
i'm now nearly 2 months into my self managed DMP. i now just have one creditor remaining to negotioate with- Payday Express. they are really dragging their heels with me. i havent had any definate answers from them. i've sent them paperwork they've asked for, repeatidly made offers of payment and also asked for their bank…
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Credit file after 6 years
Hi everyone Apologies if this has been raised elsewhere on the forum. In 2005/6 i fell behind on loan repayments and as a result had 2 defaults placed against my file. I am in a Debt Management Plan at the moment and am still paying these off, however i was wondering what my credit report will look like when the 6 years…
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balance transfer
Hi put this on the credit card board thought i might be better here hoping someone can help me here, it is a question from a friend, they have 1 credit card with 5k on it and limit of 8k and another with 2k on it and a limit of 3k they are not in trouble at all and have £500 a month available to pay of the debt, neither…
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Want to clear my name.
Seven years ago I set up a retail business with my Brother. All accounts, loans and HP were in my name. To cut a long story short, the business folded in spring 2009. This left me with approximately £60K of debt against my name, which was left to me to pay. After burying my head in the sand for too long and defaulting on…
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Jam Jar Accounts and the Universal Credit
Morning all I'm dreading the onset of Universal Credit like a lot of people in my position and the theory of a Jam Jar account seemed attractive. However (there's always a however these days) - banks charging EACH month EVERY month seems excessive to me. I've looked online and fee's seem to range from £5 to £20 - does…
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The Autumnal October NSD Challenge
Welcome to the October No Spend Day (NSD) thread!! We are a happy (and some might say mildly insane) bunch doing battle with those retailers - and there’s plenty of temptation out there at the moment. We are seriously committed to saving money, but nobody said it can't be done with a smile on your face - so we organise…
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A very panicky Thriftkitten
Hi I am looking for some advice, I have gotten myself into a pickle with my overdraft and now owe 2500 which has changed to an un arranged overdraft, the bank are adding £6 per day, I dont know what to do about this as I dont have a spare 2.5k to pay if off in one go! Could anyone pease advise me on what I can do, I could…
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Thursday 27t September - What small DFW things will you be doing today?
* THURSDAY 27TH September - What small DFW things will you be doing today? 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…
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Advice please!
Hi! Please be gentle this is my first post! I've not long moved into my first flat & got a bit carried away decorating etc! Basically i have £2400 on a credit card, £1500 of an overdraft & £1000 with Next directory, I am managing to pay these off every month just fine, but it's annoying getting charged interest on all 3...…
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Can having an overdraft effect your credit rating?
I need to get a better credit rating, I've had one default which I want to full and final settle it (but want it to be removed from my credit report) can that happen? Other than that, I have my mobile phone and my OD (£500). How can I use these to make my credit report better? :\
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negative equity in unsuitable property...what are my options?
Hi there, was recommended this forum for my problem - any advice would be fantastic - thank you :) considering bankruptcy to get out of too small house in negative equity Currently own 1 bedroom maisonette - 4 people (parents and 2 small children - 2 and 4) sharing bedroom and no other suitable room to turn living space…
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Aliases
Hi all not sure if this is right place to post this question But: I received my credit score today from call credit and they have my identical twin sister linked to me. Would anyone know how this may have affected my credit score? as in is it likely that I could have got a better deal on my mortgage if I wasn't linked to…
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Internal family theft, Help please!!! :(
Hi everyone, Im sorry if this is in the wrong board, I truly couldn't find a suitable forum so please move if you know of a better place. Im writing to you all in desperation really and need an avenue to explore. My grandma is in her 90's and in the last 6 months has developed dementia. She is now in a home and my family…
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Mortgage/repossession, please help...
Hi, I've been going round in circles and receiving so many different views on this, I'm really hoping that someone can help in terms of realistic/feasible options I might have... I own a small property and am in negative equity to the tune of around £20,000. For a number of reasons too long to list here, I had to move to…
