-
Monday 24th February - what small DFW things will you be doing 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…
-
Gambling debt / Maximum Garnishment
Hi, a UK betting company allowed me to bet with a credit account of 30k (don't know exactly why, but took it of course). I lost everything today. Since 2007 I think this money is enforcable, and whilst I don't understand why they offered me such a huge credit, I think I'm the one to blame here of course. What I'm wondering…
-
Debt Collector chasing me for debt I think I don't owe...
Hi all, I'll try to keep this simple... The tenancy agreement at my last property ended on 6/8/13, but I asked the letting agents if we could leave early. They said ok as long as I paid rent up to the end of the tenancy , which I did (in advance. They arranged our check out (with an independent company) for 25/7/13. During…
-
Thinking of selling house to pay debts??
We are debating on whether it would be worth selling house to pay off debts. We have 33k worth of debt being 2 credit cards & secured loan. We have worked out we could sell our home comfortably paying off debts & mortgage with a little extra left. We think we might rent for a couple of years building up a deposit for…
-
Private University Debt, Need help!
Hallo, I am a student and right now im living and studying in scotland. Last year I went to a private univerity in Bonn for 3 months and I decided to leave beacuase I didnt like the subject and it was very expensive. I didnt know there was a contract of a minimum of 1 year, I tried explaining to them my situation and they…
-
mbna adding charges
Hi, my mbna debt has been sold to a dca and they have just sent me a statement which has charges that mbna has added. I don't understand how mbna can add charges if they have sold the debt. Can anyone advise why they are doing this?
-
Helping my mother with her debt
Hi, I think I'm just hoping to vent a bit here really but any help or support you could offer would be greatly appreciated. My mother has always struggled with finances, and is a pretty big ostrich when it comes to dealing with it, which makes it difficult to understand the full extent of the problem. So far as I'm aware,…
-
Statute Barred Confusion
Debt was originally with MBNA assuming Arrow Global were assigned or bought the debt of MBNA in June 2009 I'm asking on my friends behalf as the entries on her Noddle report seem confusing. Default date 10.06.2008 so should in theory by my thinking be statute barred 10.06.2014 Confusing part is my friend has moved 4 times…
-
MBNA and default date
I need some advice over a default applied to my credit file by MBNA. I entered into a DMP in October 2009. Most of my creditors marked my file with Defaults within 12 months of this date. However MBNA sold my account to a DCA in March 2013 and then applied a default to my credit file. I think this is unfair, whilst I…
-
Credit card debt
Hi there. I wonder if anyone can help please? My circumstances have drastically changed recently and I am unable to pay the the required monthly payments on my credit cards. I am in the process of contacting my credit card companies to ask if we can come to some arrangement. However one of the companies is Barclays and as…
-
Need help to change.
Hi everyone, It has taken me a long time and several months reading of other peoples posts to get up the courage to post myself and make a start. I am sorry that this post may go on a bit, but i am hoping by getting my thoughts down i may see things clearer and move further forward. I am nearly 40 years old:eek: and most…
-
Advise please
Post removed.
-
Getting Laid Off and Credit Cards
I was given a month's notice by my employer yesterday so I am reviewing my monthly outgoings to tighten things accordingly in case it is a while until I find a new job. My concern is two credit cards. 1. Halifax @ 21% with about £1500 on the balance; 2. RBS @ 0% (until 24th April) with about £2500 on the balance. I have an…
-
loan about to drop off credit file
hi, my father had a loan out with AA finance and had to stop work due to ill health; I have been paying a payment of 35 a month ever since but a colleague told me that the loan will drop off his credit file and will become unenforceable in court 6 years after it has defaulted. is this true ? or shall I continue paying the…
-
new and not sure what to do!
Hi all- hope this is right way to do this but basically have mountain of debt- and stuck in a debt rut and sick of never having money! ! Feel like am not going to move on with my life if I dont get sorted so have joined for tips and encouragement!
-
Coping with Procrastination and impulsive behaviour
Apologies if this is all over the place, I'm struggling to get my thoughts down on paper. Basically I'm in a mess, my debts are over £5k (or £26k if you bring in the dreaded student loans) I've no money coming in and have recently had to move back in with my parents after graduating and relationship breakdown. I was a…
-
Old CCJ - new debt collectors?
Hi all, A question on behalf of my dad. He's a received a letter from debt collectors for an old debt that he was given a CCJ for around 10 years ago. The debt collectors say that if he is able to settle the debt of around £339 by paying them £85. Is this something he should pay off or given that the debt has already been…
-
Funeral cost NIGHTMARE...
My mother died on 20 December 2012 Me and my sister arranged the funeral with co-op for January2013 when arranging the funeral with funeral directors we sat down went through arrangements etc .... then at time of paying my sister payed the upfront cost of 855 on her card there and then .... which left the remaining balance…
-
Reduced SC DMP payment to repay a whole debt?
Hi, I'm not in this position yet but has anyone any experience of reducing a monthly DMP repayment to their provider to allow them to repay a full balance of one of their creditors? It's hard to explain so here's an example of what I mean; 1. I normally pay £500 pcm to Step Change. 2. One of my debts is to Wonga which has…
-
Help need some ccj advice please!
Hi, i have just got a ccj for a 7k debt owed to hsbc, the judgment for claimant letter came to me saying i'd have to pay £308.40 per month, this was too expensive for me so i read around and saw i needed to send off a N245 form in order to try and get the payment lowered, i filled in my income and outgoings and made an…
