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What is the point in paying off Lowell Debt? Any benefits
I really despise the company called Lowell, they recorded a default on my Equifax file in 2011...that wont drop until 2017 Why exactly should I now pay the debt? Before they could have threatened me with a default, now they have no cards to play...even if I pay it off, it will still show the exact same score? The debt is…
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Help!! How can I best deal with this blip
Hey DFJ has been going well until the last couple of days. We were hit with a £400 bill for unavoidable repairs to house and it has seriously messed up my budget! As all of our spare money is going towards our debts we have not built up an emergency pot yet. I currently pay £364 for my personal loan each month. Have never…
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Old Credit Card Debt Appeared
Hi Have had a letter at the end of July from Lowell Group saying they have purchased a debt in my name from Lloyds TSB. I last had a Lloyds TSB card when I lived with my ex-husband and I left in March 2002. I was unaware there was any outstanding debt on the card, it is £153.00 they are asking for. They said it went into…
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What to pay first ?
In November I finally get to do something about my debt. I separated from my ex 2 years ago with around £25000 of debt between us which stupidly I put all in my name ( lesson learnt there), to cut a long story short she bought me out of the house and with the money I paid of a huge chunk off the debt but currently I owe…
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Sat/Sun 14th/15th Sep What Small DFW Things Will You Be Doing This Weekend?
When we start out on the Debt-Free Wannabe 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…
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setting up own DMP and contacting companies
Hi ive been on a paid DMP for a couple of years and thought I was doing ok. I had no hassle from creditors and it was all going well. I changed to step change about 3 months ago as I saw no use paying a different company. since I have done that I have been receiving statements and letters as no payments have been made…
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In debt & scared
Hello all Ive come here as Ive found from reading previous threads that people are so helpful. Im in a lot of debt with short term loans and catalogues. I have 2 bank accounts with Natwest, 1 current account and 1 step account. All my dealings with the short term loans go out of my basic account and my wages are paid into…
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Debt advice
Hello I am posting today on behalf of a friend who has got himself into quite a lot of debt and I would like to help find out what is the most efficient way of him paying this off and starting afresh! He is a young male living with parents so has very little outgoings, and earns a good wage. Here's the state of affairs:…
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advice re £30k debt
Partner is £30k in debt, we live in scotland, debt with various credit cards, etc. Should she consolidate into one loan, do you get loans for that amount? any advice appreciated. Shes worried about approaching any of these debt advice companies in case it worsens credit score, help
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Down in the Dumps
Hi all, I just want to get some things of my chest. Im a 25 year old with no savings, nothing really to my name, and I dont drive (Although I started learning and cant afford to continue (no idea how I'd be able to afford to run a car anyway when/If I pass)). I do smoke however and it is something that i would like to…
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Interest from debt collectors??
Hubby had a debt with npower from way back when, it is not statute barred as he has made Ad hoc payments up until 2 years ago. The debt was for gas as he was on an electricity key meter ( was there when he rented the property and ll wouldn't change it) so we know he can have more than 1 account. We had a letter from b c w…
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heartbroken to face it.
I am new to the boards and super scared and ashamed. :( On Wednesday morning, my DH emailed me from work to say that he had checked the bank a/c and we were £2995 overdrawn. We have a £2500 limit and we are in the reserve currently. We still have dd s to make this month, a loan payment of £200, food, fuel and an MOT to pay…
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Friday 13th September - What small DFW things will you do today?
When we start out on the Debt-Free Wannabe 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…
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MBNA F&F settlement??
Hi guys. Will try to keep this breif. Would REALLY appreciate any help. Basically i owed £30k on credit cards. A change in circumstance meant i couldnt pay. I offered £16k to the 3 creditors for F&F with all the usual rules. 1) Natwest said they don't negotiate and have now threatened CCJ 2) Barclaycard have agreed a F&F…
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What shall we buy when debt-free?
This year I am looking forward to being able to buy my family decent Christmas presents (yes, I mentioned the dreaded C-word in September) - I always used to buy expensive presents when it was all merrily going on credit, and then they got very nice homemade gifts when paying off debts. This year I am aiming to buy them…
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Thank you all.....
I am very pleased to announce that my hubby reached his debt free day yesterday!!!! :beer: I would put him on the roll of honour but don't know his full details!!! ( debt was near on 20k) We got together 7 years ago and I knew very quickly that he was in debt ( we had known each other a lot longer so became very close very…
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Advice on what debts to pay first to help improve Credit Rating
Hi there, Forum newbie, so please be gentle! ;) OK, so we're after some advice about how to help improve our situation. We currently have a fair bit of debt to pay (due to recent wedding etc) and we'd like some advice on what we should pay first and how we should go about this. We would normally just rattle through and pay…
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When it's just a waiting game...
So I've had my light bulb moment. I've even got my husband on board ( thanks in part to me telling him about Alex K's issues - cheers Alex) but now it's just a waiting game, looking like 2 years to get the debt cleared so how do you maintain the enthusiasm? Our main problem is credit cards but we've moved it all (7k each)…
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Ross and roberts
Hi all, I have had an extremely bad day. I got into Council tax arrears when my husband walked out on us ithought bills were being paid when they wasn't. long story short I set up an agreement with ross and Roberts to pay £58 by the 4th of every month. Me being stupid have always made a payment of £61.50 every month. 3…
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How exactly will circumstances improve?
Hi All, I am about to start a DMP with Stepchange. When I was preparing the Debt Remedy I noticed the following; My question is how do they expect things are likely to improve for most people? Ok, so you may get the odd pay rise at work, or be able to reduce your bills here and there, but we all know that generally living…
