-
Help reqd pls
Hi all, sadly my partner has just started a 7 yr prison sentence. I've a stack of debts to sort out & am hoping to get some cleared or wiped whilst he's gone. I have a letter of authority to act on his behalf but can anyone steer me in direction of a basic letter to send out requesting debt clearance due to circumstances?…
-
Mortgage whilst in a debt management plan
Hi, this is the first time I have ever posted on a forum so bear with me! I need some advice on gaining a mortgage whilst I am in a DMP. I got into trouble whilst at university and consolidated my credit card debts. This was incredibly stupid and I have since learned my lesson and consider myself to be very good at…
-
Help with Robinson way
Hi all I have a question and could really do with some advice. 3 weeks ago, I started getting two letters every other day from Robinson Way for two different accounts for two different amounts on behalf of O2. Im an O2 customer and have been so ever since Btcellnet and my bills are always paid on time ano in full. When…
-
Should I reduce credit limit?
Hi Just looking for some advice - I have a Nxt account which I currently have approx. £200 on which will be paid off in the next few months. However the credit limit is £5k! I've never had any where near this amount on there and have no intention to! So my question is should I reduce the credit limit? This is purely from a…
-
Cash or Bank Transfer, need advice please.
Hi there, Not sure this is the right area at all so if not please move it. I am needing to get £500 to someone and I can either use Bank Transfer or give them the cash and get a receipt. Not sure thought which is a safer way of doing it? I would think giving the cash and getting a receipt for it but wanted to see what you…
-
Paying Off 0% Debt
Once we have cleared car loan, we will only be left with our credit card debt which is at 0% for another 25 months. I'd like to start throwing money at it immediately - even though my bank account earns 3% interest. Does that make sense? I feel like on one hand, save the money in the bank account, earn the interest - pay…
-
Monday 24 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…
-
Car finance early repayment advice
Hi guys I currently have 17 months left on my car at £331 a month. This accumulates to roughly £5600. I'm currently trying to save for a house deposit and have about 10k in savings. Does it make sense to pay off my car credit now? Considering it would be at least another 1.5/ 2 years before I was looking for a house?…
-
Full and final...how much?
Following on a bit from my last thread ( attachment of earnings). I owe £2700 on a CCJ, but I can if need be get £1000... Maximum. I know the original debt will have been bought for less than what I owe, but wondered if, if they decide to push me further, they'd accept such a small amount compared to the debt? I'd rather…
-
Hi Everyone
Hello I used to be a regular on this forum until I was stopped from taking my work laptop home - then I fell off the radar a bit regarding getting on here. I won't bore everyone with the full details but I am just entering the last year of a DMP. I finally feel as though there is a light at the end of the tunnel and I'm…
-
How Many Holiday on Credit?
Hi Everyone, I am new to posting on these forums although I have been a visitor on many occasions. I am interested to see how many people holiday on credit? I know this may seem odd but I am hoping to go on holiday to Florida in 2016 but I am wanting to clear some of my debt before I go back and it might only be possible…
-
A debt that isn't mine!
Hi all. Last week I received a letter from Cabot Financial stating that they had bought an account I allegedly had with J D Williams. In the letter it states that I owe £209.24 and to contact them to arrange payment. I had no idea what the debt was for and telephoned them straight away. They explained that I had set up an…
-
I am close to having no money and in dire straits
A month ago, my partner died suddenly due to an epeletic fit. In that time, I have been loggerheads with the DWP who have been informed of his death but have not paid me Carers Allowance I am entitled to and the last of his ESA and DLA. I applied for a funeral grant, and they only paid for 50% the funeral. I have to find…
-
Advise Please
Morning, I have a situation where I have a £320 month Car loan which finishes at the end of March 2015, Nearly £5,000 on a Credit Card, paying roughly £50 Interest, and another Credit Card with about £4,200 on which is interest free till about Sept 2015. I have some Work Shares which can make me some good money, if I can…
-
Sunday 23rd 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…
-
Contacting Banks
Hi All, I'm trying to get on top of my debt before it completely spirals out of control (some would say it's too late for that!!). I am just about making it through each month but the biggest problem seems to be I can only pay off the interest each month and never seem to put a dent in the debt! I am hoping to contact each…
-
help, debt repaid but still getting letters from recovery agent
Hello, I am wondering if you can help / provide advice for my brother. He ended up in some financial difficulties following a car accident which meant he was unable to work (self employed) for a while several years ago. As a result he got into some financial difficulties which were finally sorted in 2012 (or so we…
-
How to save money within reason
Hi, I know this topic is covered quite a lot but I seem to be getting myself into a tangle. I work full time and I like to socialise, I certainly don't want to spend nothing and be miserable but need ideas on how to cut down within reason and also save money for yearly expenses. My salary is usually £1,220 per month, my…
-
Realistic Budgets
When trying to clear your debt and set up an amount to overpay at the beginning of the month - how did you decide on a realistic budget? Is it realistic to put £0 in the clothes pot for example?! Would anyone care to share their budget?
-
Service Charge pressure while on a DMP? Please help.
Hi guys, I really hope you can help. Please excuse the length of my post – I wanted to give as much accurate information as possible and not leave anything important out. Before I start, I am a firm believer in paying ones debts, but we’re getting desperate and I’m not really sure who to ask for help at this point. I’m…
