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Stepchange & Nationwide Default
Please can anyone help, we are currently starting our dmp with step change and today have received 2 letters re our credit card balance. The first one says thanks for your offer please make this and it will continue to clear the balance the second letter is a default notice. This says we have failed to make minimum…
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Unsecured Debts - DMP / IVA / Bankruptcy or somthing else?
Between us, my wife and I have amassed over £100K of unsecured debts on credit cards and personal loans. This is stressing both myself and my wife to the max and beyond. Sleep is difficult. Panic and depression are easy to succumb to. We are both worried sick first about losing the house and second generally about not…
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Time for a new start
Hi All, This is my first post. I'm hoping this will help me keep motivated enough to achieve what i want to do. I'm 25 and newly married and am finally thinking about the future without any debt. So here's a little background about how i got to where i am. In my young and stupid days i got my first credit card as a student…
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Ouch!
Well I have just signed up for MoneyDashboard which not only got me £7.50 Quidco cashback but supported all my accounts which is great news! The not so great news is now I can see I stand at minus £17k!! :( Talk about coming down to earth with a bump! Now its time to see if I can find a way of clearing that and work out…
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Small achievement in ftd's house
As you know since the new year, I decided I wanted to clear my debt and make some savings. I have had some trouble convincing my husband that this is the right thing for us to do. Our HP agreements all end this year, the catalogues should be clear by Dec and my loan should be cleared by Dec 2017 - 2 years earlier than…
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Thursday 5 February - 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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Small debt to clear
Hi all Having been unemployed recently for around a year and half i managed to acquire a little bit of debt (around £1500) and also had 2 defaults (now both settled and aging but still on my credit report). I am trying to find a way to clear the £1500 down, at the moment i am paying around £80 to £90 per month and on the…
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Hoist portfolio - who are they
Some of yous may have read my other thread and may have seen I`ve started on my journey to being debt free... One of the first things I am doing is trying to negotiate settlements with companies I owe money too.. I have spent tonight writing letters to every account I have listed as defaulted on my credit account. One…
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Debt and Mortgage application?
Hi Guys.. Need advice! Myself and my husband have about 20k of debt. We are renting at the moment and pay £500 a month. Husband is due to inherit 50K... What would be the best thing to do? We would like to get on the housing ladder.. would it be better to pay off debt first then use 30k for a deposit? Thanks
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Marston group
Hoping someone can help out there, my son got fine last year, he was slow of the mark paying. He then missed another 2 payments, it then got passed on to the Marston group. So his £115 fine now became £190. In December. We got a letter from the Marston group stating that he owed the above amount. I paid off £115. Then but…
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Advice re: Flat clearance, council property
Hi mse'rs Firstly sorry if not relevant to this section but could not find a section suitable to post, and i do not have post permission on the CAB forum here. I am inquiring on behalf of a friend. Trying to be as brief as possible, her Grandfather passed away, and now her Nan who is 95 has had to move permanently into a…
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CCJ and charging order?
Hi I've just had a phone call from GK Insolvency offering to help me re a recent CCJ, so I checked my credit file and sure enough one has gone on last month. The bloke said about a charging order being out on the house which I've bought less than a year ago, he was offering help but I said I wanted to look into it all,…
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Legally write off 75% of unsecured debt - Really?
I'm not sure how they get my details but I keep getting texts saying that "due to new government legislation it is possible to write off up to 75% of my unsecured debt legally and easily". That would be nice but I can't help but think the fact it's being aggressively marketed means it's a sell of some kind from their…
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Is it wrong to want to be debt free
Hi everyone, I entered into a IVA in September 2012 and within 6 months was in a position to double my payments. 15 months later after changing employment I am now in a position to repay my creditors and have been seeking to do so with my debt managers The Payplan Parnership. However I received this email today from…
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Advice for Newbies (beware long post)
Hi everyone, Late last year I finally became debt free, shortly after I received a PM from a lass asking me how I'd managed it and if I had any tips. I sat down and wrote to her describing exactly how I'd managed it (it was quite cathartic and seemed to close the door on a very tough two years). The lass suggested I post…
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Person not registered to my address
Hi All, I wondered if anyone can help me. My partner just split up from his wife and moved in with me roughly 6months ago. As things do debts have been coming out the woodwork and now i have a quandry. My partner and his wife defaulted on their council tax and now the council tax people have caught up with him at my…
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Unsecured Debt out of control
Hi, I am in a lot of trouble with unsecured debts, loans, credit cards, overdrafts etc... I honestly don't know where to start or what to do. Debts are; Virgin CC - £8.6k Barclaycard - £12.9k RBS CC - £2.5k Halifax CC - £1.1k Halifax OD - £2.5k Co-op Loan - £7k M&S Loan - £6k It has now all got too much and even though I…
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Advice please!
Hi My partner has got debt from before we met but she isn't exactly what type or what she should do for the best. She currently has debt of about £4.5k - I am not sure how long she has had this or what debt was at its peak. She pays welcome finance £50 pm, im not sure how long this agreement has been in place. Apparently…
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Any advice for a debt free wannabe
Hi all, In the past I've been awful with money, and I'm just starting to get my life in order and would like some help/advice on how to get rid of my debts! I have 2x credit cards, an overdraft, a very.co.uk account and I need to pay a friend back for a trip to Disneyland! It all totals up to a debt of £3,816. Had a well…
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Is it worth paying a default ?
I have a few defaults on my credit file, 6 on my equifax and I haven`t checked experian or call credit.. I have read online that once a default is on your file paying it is of no relevance as it is still classed as a default and you will still fail most credit checks. Just wondering if there is any truth in this... I`m at…
