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Student loan company getting bulk of DMP
Hi I've got a DMP with Step Change. My biggest monthly payment goes to the student loan company because my balance with them is highest. The debt will be paid off within 2 years at the current rate. However, by my calculation money owed to debt collection agencies will take longer. In all honesty I would rather tackle the…
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What to pay off first?
Evening, I am new to this and looking for some advice so any would be greatly appreciated. I have a few loans and credit cards for various things (cars, home improvements), they are; 1. Tesco C/Card ( 0% remaining for 30 months) - Balance £5259 Repay £100 p/month 2. Halifax C/Card (0% remaining for 12 months) -…
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Restons solicitors - aggressive debt collectors?
Back in 2006 I defaulted on my credit card, overdraft and loan with HSBC. I was unemployed at the time and have had low income ever since. Every debt collector that the debt got sold on to time and again were always fine when I explained my circumstances, sent them my income and expenditure and we agreed small repayments.…
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Finally rang Step Change
I have finally took the courage to contact Step Change who were extremely professional and very understanding, didn't once judge me for the amount of debt I owe. I had been managing until I was off sick for 3 months and things more or less went down hill from there. I had already set up payment plans with both Halifax and…
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Not sure where this belongs...
...I can't seem to find an appropriate board, so as it relates to a debt of sorts, thought I would try here. Please redirect me if not appropriate place. Needing to make a claim through small claims court. I am unsure who needs to be the defendant - it is against a nursery, but it is not a limited company so could also…
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How To Stop Spending?
How do you all stop spending? I just can't seem to for anymore than 2 weeks... I just can't seem to cut up my cards - what if I need them? How do I get cash out if I have no cards? Even if I kept my debit card for cash, I can still easily buy something online with it? My husband has a running joke when he sees me on the…
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Consumer Debt Aid
Has anyone heard of this company or had dealings with them? Are they legitimate or should I stay clear??
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New dmp....what happens to mortgage?
Hi all We are about to embark on a dmp which is going to take between 9 - 12 years to complete paying £300pm. Our current mortgage is on a fixed rate at 2.99% and has a further 3.5 years left on that rate after which we would have been able to remortgage for the 12.5 yrs left to a different lender. We understand that, that…
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pay up or hold my ground !!?!?!?!
hi guys need a bit advice , i have a small car business that doesn't earn a particularly good wage, my one and only parts supplier whom my self and my father had been loyal to for over 18yrs went into administration a couple of months back , really dropping me in the sticky stuff with no notice at all !! any way they are…
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Tuesday 4th November - What small DFW things will you do 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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what are you saving for?
Hi lovely people, I know this is the wannabe debt-free board and most of us just want to be out of debt..but at the same time it might help to focus on future goals....for me I eventually want to buy my own place so that's keeping me going...and saving hard...what about you?
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New product,same lender whilst on dmp?
Hi all Just wondering, I have been on a DMP just under a year and my mortgage deal is ending. We are with halifax, on a 6.29% rate. I understand if we do nothing, we will automatically go on to their SVR which is 3.99% Halifax have a much cheaper deal than the SVR, can I switch to this or will they run credit checks and…
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Bank wrongly (I feel) gave me access to money
I am a single mum, working part time but mainly surviving on tax Credits & Housing Benefit. I had been with the same bank since a child & having spent a large amount of time out of the country I knew they would never grant me a loan or excessive over draft due to lack of credit rating. However, less then a year ago I…
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Pay off debts, or extend the house?
We have a sizeable chunk of money available to us, via an inheritance (around £60,000) We have five credit card debts between us. Three are with DCAs, the other two are having minimum monthly payments, or fractionally over, made - £100 each per month. The debts with the DCAs are being paid at £125 per month, £30 per month…
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Balance Transfer Help!
I have a CC which had £750 debt on it. As its 34.9% interest I tried to balance transfer to a 0% deal and the only acceptance I got was with Capital One which is 0% until Feb 2015 so gives me 3 months to pay t off without incurring interest. My problem is that I applied online and didn't get an immediate answer and the…
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quickquid refuse stepchange advice please
Quickquid have refused my token offer payment from stepchange, now the intrest will soon rack up a hefty bill, should I try pay ny qq off behind the back of stepchange to try get rid before I and up owing much more ?
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Advice needed re old loans etc.
HI, I will try and explain situation, many years ago when working full time I took out a loan with Nat West bank. I had no issues paying the monthly installments until I was made redundant on 2009, The loan was for 12k, I was unable to continue payments due to being placed on JSA, after seeking advice from CAB i agreed to…
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This time Im going to crack it
Have been playing ostrich too long now.. so looked into a debt management company.. after going through an hour or more of finacial info they essentially want to sign me up to something which means I pay all my debt plus about 3k for them passing on my payments (I think not) so Ive taken the step.. set up plans with two…
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Scotcall
So my dad has just sent through my mail. It's a debt collection letter from Scotcall on behalf of Orange. Yes, I do owe the stated money, but as I've explained to Orange and what feels like a million debt collection companies, I cannot pay anything off right now, and I'm certainly not getting myself into debt with friends…
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Where would this sit morally?
Hi all, My question is one of morality only, and the point of this post is to get a cross-section of opinions. This doesn't really fit into any forum, and I ask here as hopefully the responses will be from people in positions where they, like me, are not so great on the balance-sheet front. Yesterday I was invited to an…
