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Advice wanted please, stick at it or Debt Management/IVA/Bankruptcy?
Hi, First time posting here hopefully this is the right place to ask for advice. Basically to cut a long story short, I am at a crossroads with what to do. My debt levels have been spiraling for a few years now, I have been trying to manage it, but with one thing or another cropping up and distracting me it has now…
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0% card, which balances to transfer?
Hello all, advice and opinions would be much appreciated if you have the time for a short, boring essay! After having no joy trying to get a consolidation loan at a decent rate, I've applied for and got a Barclaycard with 17months 0% on balance transfers. The credit limit is £5,500. I will also be receiving a lump sum of…
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Help getting out of debt / improving credit rating
Hello, I am new to this forum and seeking some advice and help, I know numerous threads pop up each day which are very similar however was hoping for some help for my situation. I have been looking to get into a better state with my credit rating, pay off debts I have had for years which i have always avoided. So recently…
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Meltdown =LBM
hi all I have been a lurker on here for a few years but had my LBM on the weekend, my car is in need of some repairs and I just cant afford to have it fixed atm so spent the whole weekend in tears and feeling sorry for myself I only have myself to blame and someone told me if you change nothing, nothing changes so today is…
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unbelievable "Baillif" costs
In 2013 I was poor and couldn't afford my council tax so buried my head in the sand in the sand and it went away Me and my brother Lived at a property for 5 months then moved haven't heart anything since. Brother received a threatening letter which is a liability order ?. Being in a lot better financial state now I decided…
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Catalogue Debt
Hi All, I am new to this site and really need some help. Years ago I got myself into debt and registered with Step Change who have been absolutely brilliant, but stupidly last year joined a catalogue (Very, Woolworths and Isme) to help get me through Christmas etc for my daughter. At first the monthly payments were fine,…
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What should I do?
Hi there, Things are getting progressively worse and I am not sure what I should do. I am currently £25,334.12 in debt and it just seems to be getting worse and worse. I have tried to stop but I just seem to fall back to reckless spending again. I am smart to find 0% deals but then I just spend more. I have £10,134.12 at…
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Monday 23 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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debt collection- can anyone help? I'm confused and a little stuck.
Hello I am not sure if I am posting this in the correct place so please move or tell where to go if needs be! I just received a letter from Lowell saying I owe them 2300 in debt from a Vodafone account. I had this account when I was a student but wrote to Vodafone to cancel it as I moved away after university to Asia, and…
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please delete
please delete thread
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Cannot believe i have just learned how to budget correctly
I cannot believe that I have been so stupid all these years and not budgeted correctly, I just used to roughly estimate and hope for the best no wonder the debt kept rising. Also I feel annoyed at myself for all the money i have wasted buying things that we did not really need. I am hoping that by doing this I am also…
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Letter from nPower
Hello, I really hope someone can help me with this - in 2011 I was running a takeaway for a brief period of time, about 2 months. During this time, all the bills etc were on my name which I paid. However, due to unforeseen circumstances I could no longer run the takeaway so it was handed over to the guy that I had a joint…
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What to pay off, advice needed
Hi all I have £5k to pay off a debt. My options are as follows: 1. Reduce my Barclays Mortgage Reserve. Current balance is £21k. This has to be cleared in 10 years time so I am paying £225 a month. Interest rate is currently 5%, borrowing limit is £34k. 2. Reduce my Halifax Credit Card. Low lifetime interest rate of 6.73%.…
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Finally facing up to the debt
I'm finally pulling my head out of the sand and looking at my debts - can anyone help me by telling me what a DMP is? Does my husband have to know about it - all the loans/ cards are in my name. I'm employed and have quite a good wage but more than half goes on paying regular payments. My husband is self employed and work…
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A Quick Introduction
Good morning A LONG time lurker but thought I would finally introduce myself. We currently have a lot of debt through my stupidity when I was younger! It's currently standing at Lloyds Loan - £7,300 remaining (£320 a month) Credit Card - £6,900 remaining (£200 a month plus £300 a month overpayment) Overdraft - £2,000…
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Getting Out Of Debt
Hi there, I have got into debt overtime on various different cards etc, this is largely due to being unemployed a lot of last year and having no incoming money. I now have a job and I am paying my way down. I am in around £8k of debt, I am trying to decide the best way forward. Part of me is convinced I should sell all of…
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HSBC default
I'm trying to help my friend sort out her credit and hopefully improve it. She has a HSBC default of 340 and she has informed me that 300 of this has been made up of charges and default fees, She is on benefits and is a vulnerable person, these charges put her into more and more financial difficulty and caused her to…
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Collector making me pay £3000+ I believe I dont Owe HELP ME PLEASE!!!! WHAT TO DO
Please read the email below that I have send to Credit Resource Solutions and let me know what you think and what options I have, Hi Credit Resource Solutions Ltd. My Reference *********** Account **************** My Name is Daniel Turner and I am really unhappy, upset and distressed about the resent turn in even of how my…
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Sky DD in arrears
Hi, my direct debit for Sky has bounced for the 22nd of Feb. I can't pay until Thursday 26th. Does anyone have any ideas as to how soon they will cut me off or any advice? Will they take payment from the 22nd until the 25th and then I can make full payment. Thank you
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PrimePaydayUK.com CCJ and no longer in business
Hello, Going back in 2011 I received a CCJ for £200 from this company. I was away at the time hence didn't receive the court paperwork and a default judgement was granted. I did respond as soon as I discovered this and was not working at the time so offered £1 per month and have been paying this still to this day. I have…
