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paying off my overdraft
Hi i'm looking for any advice about the best way to pay off my debts, i have a £3000 overdraft from when i was a student (graduated a year now) that i'm now being charged £2.00 a day on. I have been for a year even though it was supposed to be a year from graduating, i ended up graduating 5 years after starting not the…
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Settling the debt
Hi, My partner and I have debts of around £60K and we have just taken out a mortgage of £50k to consolidate the majority of it. It has been suggested to me that the companies we owe (HMRC, Tesco Loans and various debt collectors) will settle for less than full amount if we can offer a lump sum. I feel terrible doing this…
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Correspondence Received from Buchanan Clark & Wells - can someone assist please?
Hi Everyone, I received a "verification letter" from BCW informing me of the usual stuff i.e. that they were trying to contact me in relation to a private matter, etc. Approximately a week later I received another letter informing me that I owe them a small sum (less than £100) for a British Gas bill which relates to a…
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Feeling very out of control.
Is it just me or does anyone else feel like that they're out of control with their life? Does debt make you feel out of control? I had my LBM but struggling to act on it and just feel like everything else in the mean time is getting worse and worse.
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Overdraft repayment plan
If you have an overdraft called in and you come to an agreement with the bank to pay back X amount a month. Will this effect your credit rating? It was a case of a letter saying 'after review we can no longer maintain your limit, contact us by X or we will assume you no longer require the facility'. So haven't defaulted,…
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Natwest Default
Hi I have an old defaulted Natwest current account from 2005 for a balance of £495, I was not in control of my money then and almost forgot about it for a bit. (Silly I know) I now bank with Natwest with a new account at a new address and that is my only outstanding 'debt', I have overdrafts etc now but thankfully…
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VT Hire Purchase at 50%? Is this true??
Well as part of a large question, I asked about hire purchase and was told the following; Just noticed this part, seems you want to do a VT at the half payment stage? if this is the case then although it shouldn't impact on your record it does show up as a marker on your file. Some lenders will choose not to lent to you…
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Swapping bank accounts - can anyone help?
Hi there and firstly, thanks for all the great advice I've had before. In case anyone remembers me (not that you should but anyway) - we have discovered that our home is worth slightly more than we thought and have decided to sell up, pay off all our debts and start afresh with a little left over to build on. Obviously the…
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some advice on debt consolidation needed please :)
Hi, ok i need some help. I currently owe money on 1 loan and 2 credit cards. In total i owe £6300 which is costing me £250 a month. My partner and me have recently spilt up and i have a mortgage which im going to be paying on my own. Ive spend hours trying to figure out ways to bring down my monthly outgoings and make…
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The lethal payday loan conundrum
Slightly embarassed to admit this but i have fallen victim to the lethal payday loan service. After using it once to pay for car repairs I have frequently been using it for silly unnecessary things. I KNOW they pretty much a** rape you for money and I KNOW i'm so stupid for getting myself into this situation but I need…
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Equifax/Experian?
Hello, Wondering if anyone can shed any light on the following: Thought id check my credit report, signed up to both experian and equifax..logged on to equifax first to find that my credit score is 'poor' due to a few defaults etc which is understandable, however, my experian report has my score down as excellent :j....i…
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Arrangement to Pay from 11 years ago!
I’ve got a bit of an ongoing issue with Barclaycard and my credit report and wondered if any of you good people could help. In my past I had a DMP but in 2001 I was able to remortgage my house enabling me to repay all my debts. Barclaycard had stopped sending me statements because I was on an arrangement to pay so I had to…
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Advice Needed
Hi All, i need some advice my OH is planning on going on maternity the beginning of December so our income will be taking a hit and we have alot of outgoing payments on Credit cards/HP etc. Im not sure what the best way to save money is, i was thinking of getting shot of my car that is on HP and getting the bus to work as…
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Potential identity fraud
Firstly, I'm not sure if I've posted this in the most appropriate forum so apologies if it should be somewhere else. Anyway, this is my problem. For the last couple of months I have been receiving mail to my home address (I am the owner of the property) for a recipient whom I know has never lived here. At first I returned…
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DireDebts
Hello everyone :) I am new and have a lot of debt, not added it all up yet but I think it's about £50000. Have done my sums and I think this will take me 5 years to pay off, if I am very frugal and strict. Sometimes I may fall off the frugal and strict path so you must please put me right again. I hope we can all help each…
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How can you find out if you have a CCJ?
I don't think I have, and I doubt I have, but it's for a new job I've just had an offer for so want to double check x
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I need help taking control of my debts
Hi all I started a thread about 2 weeks ago because a debt collector turned up at my door. I gave my account number and sort code but still have not received confirmation of a payment plan having been set up! This was to Credit Security Limited for a debt to TSB for £1409. I would also like some guidance on what to do with…
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Tuesday 25th 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 stuff, we often feel that we are not making the same amount of progress, when…
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Bailiff related Question.
Ok so I've found out in the last couple of days that prior to me moving in with her at the start of the month, my girlfriend had fallen behind with her council tax payment by around £300/400. She'd spoken to the council knowing i was moving in to say that although she'd not been excellent at paying in the past her…
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What to do with lump sum?
Hi everyone, I'm new to posting (have read tons of posts though), and apologise for my first post beinga request for advice! We are currently on a DMP with CCCS, and have been for a couple of years, our debt with them has been reduced from £36,813 to £27,525. We currently pay £488 permonth, and it’s estimated that we will…
