-
Looking for some advice on options and payments
I'm at a stage now where I don't even know what debts I have because I've been ignoring letters etc. The majority of my unpaid debts were payday loans and I know a few have been written off due to company practices but not sure on others. The only debt I have been paying is a provident loan which has now reached a level of…
-
Today is the Day - 36k to 0k
Hello all! After realising that we had to start making payments on (yet another) loan next month I realised I now need to start tackling the problem head on. After a busy couple of years, buying the first house and getting married, we need to take some weight out of the £36k of debt we've racked up! Of that, we have 12k…
-
Help please...not sure what next
Please help I have added my SOA and been with SC for 1 year now paying token payments. I phoned them to say I had some extra money and what would be the best way to utilise it. They told me it wasn't enough to think about settlements and that was more or less all they said. Please advise me the best way to use the money to…
-
Bryan Carter vs. Lowell
IM IN NEED OF SOME MAJOR ADVICE I went through a period in my life where I thought it'd be good to get a credit card. Made a number of payments but then had issues at home, forgot about my credit card payments & ignored this. My own fault, I know. Anyway, the account balance was £491. This was then passed onto Lowell which…
-
Losing job with debt & no savings
Company looks like going out of business. I have maxed out credit cards and cataloge accounts, mobile phone contract etc. At best I see my out goings once I lose my job to be circa £250 p/m. (still live with parent so have no assets) With no income - other than benefits - and no savings... What should I do.
-
Tuesday 7th July - 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…
-
Lbm!!
I've had another LBM... first was a few years back and I've worked hard to halve my debt but I really need to push it now as myself and OH are planning on buying together asap (likely to be next year). I've spent a bit of time today getting up to date figures from my creditors and I am at: Capital One £0 / £440.57 Council…
-
Final charging order adjourned - query
hello I attended court today for a final charging order hearing brought by Shoosmith's on behalf of Nationwide, when I got there the court informed me the case had been adjourned. I received no notification so was understandably upset as I had worked myself up before today and also had to arrange childcare. The court…
-
Barclaycard Debt and Apex.
Hi. I'm struggling with lots of debt. The biggest one is my Barclaycard debt. I used my card for my wedding and honeymoon and ended up with £3000 on the card after hardly using the card for years. The rate is quite high and interest is costing me nearly £70 a month even before I pay off any of the debt. I'm on EESA and now…
-
How to Pay Off My Debt
Hello, I hope you can see my signature.... I've just transferred £1800 on a 0% offer and have another about 4 months in. My question is... do I pay minimum payments on the 0% cards, and focus my debt busting to get the credit card at 19.9% interest down as much as possible? Or do I treat the two at 0% like they are loans…
-
DMP cleared
Wow we made it 58k gone and a good few years really tightening our belts, we had some luck in the end with some PPI claims and tax free working abroad but so happy and we can now start planning for the future. Please people don't be ashamed with this approach it clearly works for most :beer:
-
Looking for advise with HSBC charges and help reclaiming them
Hello, I used to have an account with HSBC. In 2008 my mother had an accident and I had to get an overdraft while waiting at hospital just so I could feed my younger sister and get transport home as I don't have any. Long story short, I am on benefits as I suffer from Aspergers. I currently get ESA and in the past income…
-
Formal Demand for Payment from Barclaycard
I have just received a FD for payment datwed 1st July with an amount o/s of around 8K - I have been making regular reduced payments to all of my debts under a self created DMP but now Barclaycard have written saying that this is a formal demand and the full amount is now outstanding within 28 days and may be sold to a…
-
Newbie post-lightbulb
Hello, I hope I am doing this right and not breaching any 'netiquette'. I have had what I believe you refer to as my 'lightbulb' moment. My husband and I have finally faced our situation and last week we contacted StepChange who have advised us to have a Debt Management Plan. As we have both proven to be completely…
-
What debts become Statute Barred?
Just a quickie this morning! What kind of debts become statute barred? Unsecured loans, bank accounts, etc?? Thanks
-
Monday 6th July - 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…
-
Help with possible stat barred debt.
Hi , im looking for some advice as I have had a court claim form in the post for a debt,from 2005. here are the particulars of the claim... :The claiments clain is in respect of a credit facility 44...***..567,provided by black horse ltd at the defendants request on 29/09/2005 .failiure to meet requests for payment…
-
Summer holiday fun on the cheap for teachers?
Hi I'm sure I'm not the only teacher here? The holidays can be a real financial drain on parents but teachers also have a lot of time on their hands in the holidays (when they're not marking, planning etc) and many of us don't have a lot of spare cash to fill the days with endless shopping trips and jollies to the sun. So,…
-
Desperate Debt
Hi I am feeling desperate even suicidal. I have debt of about 40k on credit cards and payday loans. My overdraft is up to its limit. I can't pay back the monthly payments. I have contacted step change who suggest a dmp. My house urgently needs some work doing to it because of damp. If I commit to the dmp I will never be…
-
No Way Out
Hey, we're in such crisis and I don't know what to do or where to turn. Our entire debt is less than 10k, though we cannot keep up with payments to bring any of it down. For Example we owe: Vanquis £700 Very: £2000 Halifax: overdrawn by £212 Natwest: overdrawn by £112 Capital One: £500 Father-in-Law: £2000 My parents:…
