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Water Bill from old property
We have been contacted by a debt collection agency over an apparent unpaid water bill from a property we left 8 years ago. As far as we are concerned all the accounts were closed and this is the first we have heard about any outstanding payments. What is the best way for us to proceed? Should we just pay it (amount of £42)…
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Secured Lending as last resort
Hi We have £35,000 in debt. a house worth £175000 and a mortgage of £119000. We have tried to remortgage and raise £30000 from the equity to repay the debt, but the LTV is letting us down (we have tried three times now and it has failed at the valuation stage each time) We are now looking at DMP/IVA but would like to…
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liable for debt under age 18?
To cut a long story short, I lived with my ex partner and he took care of the bills. It then turned out that he'd had a secret drug habit and had got lots of credit in my name and had put my name on the bills that he hadn't paid. I have since paid it all off minus one from Lowell saying that I owe money from a water bill…
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How much to offer in settlement?
Hi I have a £900 Overdraft left with Lloyds that has been paid on a DMP for 4 years now. They have only received about £50 per month. I want to offer a full and final settlement figure, do you think they will accept 20%? I know that there will be many people who are very against F&F but I want to get this finally gone even…
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CCJ from 02 4 years after Default
Hi I was given a CCJ by Lowell Portfolio for a mobile phone account that was taken out in 2011. Is this acceptable? I was defaulted in 2011 but then a CCJ placed on me now.
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so I stopped avoiding....
Help Ive stopped ignoring the problems and finally sat down and started to wade through mail and banking.....I owe £15,000 on credit cards, payments go up every month I dont know what to do....I live alone and I'm living on £200/mth to eat, put fuel in and everything else after all my bills. I have missed numerous credit…
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Is being poor a matter of perspective??
Hello, After peoples thoughts if ok, after a comment on my DFW diary was wondering if being poor is a matter of perspective? For example I feel poor at the moment, although I have a good lifestyle and am able to afford most things I still struggle with it all, sometimes more emotionally than financially if that makes…
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Motormile Finance bought old PDL debt
I took out a PDL with vivus.co.uk over a year ago for £300. Despite paying ~£200 off the balance outstanding was £364 when I entered in to a payment arrangement with them. We agreed that all interest and charges would be stopped. I made an initial payment of £15 and have been paying £5/month since. This means I have paid…
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debt making me sick
I need some advice on my debts I've been trying to hide from them but I no I need to face them but I really need help on it I owe RBS £9911,Barclay card £4,549,Santander £4000, BOS £2000 these are all in default as I have not been able to keep up with the repayments I've tried a couple of years ago to face these debts and…
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finally plucked up the courage
So, going by my posts on here I went from 6000 in debt to 16, 300 in three years. my debts have always been secret and I have been in debt since I started university which was almost 15 years ago. finally plucked up the courage to admit the truth to my hubby. My repayments are nearly 400 a month and he couldn't understand…
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Final Charging Order - Help please
Around 6 years ago my husband had to give up work due to illness, we also had a new baby and found ourselves with finanacial difficulties. With the help of Citizens advice we sorted most of it out, reducing the monthly re-payments. With the exception of one debt which was for £2500 which was in my name only (not my…
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Monday 16 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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DMP payment question
Hello, I have had my call with Step Change on Saturday and just wanted to ask how they come up with the figure you should be paying? It's just that currently I pay £220 a month, and the first monthly figure the adviser came up with was £297. I said I didn't feel it was affordable and she said I was paying more than that…
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I'm such an idiot- need advice
Hi all, I've been a lurker for a very longer time but only registered today to post. Here's my story- back in 2008 I had bought my first house with my boyfriend- I had a job I loved and then out of the blue the government pulled the funding and I was made redundant- I got a new job quickly but it was less money but still…
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Can Debt collector attach other debts to my payment ?
i have a credit card defaulted 4 years ago and had other one were on default since 2007 but cleared from credit report after 6 years. Both credit was chasing by same debt collector Lowell. Now i want to pay currently defaulted payment in full so that i can look for a better credit report for renting and other stuff. I am…
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Soft credit search
Hi, New to all this and not sure which part to post in but QQ What information does a soft credit search show? Does it show all the same things that a hard one does? Ie all the accounts you have and with who, name address, DOB, court information/defaults? Financial associates Or just the score?
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Most impactful way to pay debt?
Not me, but let's say you had a £6,000 loan - a figure which has been consolidated from other historic debts - plus a poor credit rating. Now let's say the funds were available to pay that off in full. Are there particular ways to wipe that out which would be more impactful on the credit rating than others? eg. One lump…
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Disputed Accounts
Good Afternoon Folks. I am on a DMP with PayPlan. I have struggled with depression for years and have been on and off drug therapy and am currently in counselling, which is opening my mind and is turning out to be very beneficial. Basically I have several accounts that I wish to query due to additional charges been added…
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I want to save but my girlfriend wont :(
So im not sure if this is the right place im sure the moda will move it if its not Hi im Dave im 28 and new to this, im one of the unfortunate breed who have no financial backing from family, in past life or future. I have always paid my debts and never missed a payment on any direct debits ect, up until recently i have…
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Do we sell our home?
We brought our house about 8 years ago and pretty much got into debt soon after as it needed a lot of work and we could not borrow enough on mortgage, what with cost of living for us at the time. We were given some bad advice and had also taken out an unsecured loan along with our mortgage to supplement the shortfall in…
