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Debt Free By 50.
Hello. I have debt of around £18,000, need to check figures. I want to be debt free by the time I am 50, can't remember the last time I had no debt. No going to go into the how I have the debt, just need to deal with it. I am hoping this diary will keep me motivated on my journey, going to be 50 in September 2018,going to…
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over 50k insecure debt - IVA?
I have 54k worth of credit card debt and have been contacted by Financial Guardian who have taken my details to enter an IVA. It is early stage, and the more I look into it on various forums, the more unsure I am if this is the right way. My monthly minimum payments are £800 (the same as my rent), with an income of £2770.…
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When can I apply for another 0% card without it affecting my credit rating?
Hi Been building my credit file back up again, and today was accepted for the BoS 36mnth 0% card :j Only problem is, the balance transfer limit they gave me falls just under 1k short of the balance I want to transfer. I've taken what they offered, and plan is to see if I can get another 0% to cover the rest, but question…
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I have stuck my head in the sand long enough, debts now standing at £22,000
Hi All, I have been browsing the forums for a long time, however I should of created an account and posted here a long time ago as I am in a really bad way with myself and my wife's current debts and I come to realize that we cant go on like this and living beyond our means. Our biggest contributor to the debt has been…
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Debts or Deposit.. Please help
Morning All I have browsed through MSE for a few years but never felt the need to post until recently. I have always had debt since my first credit card 10 years ago. Two years ago I had around 28k Debt – mostly credit cards from gambling. I haven’t gambled for 56 days now which is the longest I have gone and the urges…
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Confused with Cabot/Marlin
Hi All, Just looking for some opinions on what Cabot/Marlin are up to.... Quick background: I queried an old debt (around 2005) that I believed was not mine, after a while they provided a signed CCA and supporting paperwork. The story behind how the debt come to exist is long winded and I won't go into the details here but…
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I have reached breaking point and cannot see a way out
I am a 25 year old single mother of one child. I have a maxed out £1800 overdraft, a credit card with £3,100 on and another with I think £800 on. I also owe family a lot of money. With the interest I am paying on the overdraft and large credit card I am never getting anywhere with paying anything off. I am currently…
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25 and panicking
Hello! Been reading these threads and must firstly say how inspirational you all are. I've got myself in a mess and am feeling incredibly anxious. I'm only 25 and feel I have been very naive with how easy it is to get into debt. I currently have two overdrafts which I have maxed out - one at 1,000 pounds and one at 2,000…
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Pay highest interest or smallest debts
Hi all I'm after some practical advice from someone who's been in a similar situation if possible. I have a the below debts and wondered what my best plan of attack would be to get on the debt free roster. Tackle that loan or the 0% debts. My thoughts are that while the cards are 0%, if I can't clear them by the time they…
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Saturday 4th & Sunday 5th July what small debt free things will you do?
This thread is a place to log your daily achievements and actions towards becoming debt free and staying that way. When we first have our light bulb moments we do all the big things. Cutting up the credit cards. Cancelling the gym membership but to sustain your motivation the small things are very important too. So come on…
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Help with SOA please, fell of MS wagon
Hi everyone I haven't been around for about 2 years and consequently, I'm a bit out of control! I have a good job and earn an ok wage, but I'm forever skint and I've had enough. I need to get this sorted......once and for all. In the last couple of months, I have really been cutting down on things and trying to have no…
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starting the DFW
Hi guys Well I've decided that I really need to sort out my finances ... Ive moved all credit cards and my loan to my Barclaycard which offered 0% until 2017 .. so I've worked it out and if I contained to pay the same as what I am at the min it will be cleared by then ... so that's it ... spending is stopping and I'm…
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Solicitors costs
Hello I have received a letter from a solicitors firm after being instructed by a DCA. They've outline the debt and added their costs (£170) on top, and said no response within 7 days they will take it to court etc etc. is their £170 in anticipation of any court proceedings or is just something they've added on top of the…
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Best Way Forward
Hi All, I am looking for some good advice on how to deal with my debts going forward. Now firstly I will say this is not a post because I am in trouble financially or a way to try and get out of paying my debts because the interest is crazy as it is my responsibility to pay all these as I got them in the 1st place and have…
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Time to sort this out
Hello all I was a member many moons ago and managed to get myself out of a tiny bit of debt in my twenties. Well I am now in my thirties and obviously didn't learn my lesson as I have a large amount of debt now, I have completed my SOA below so let me know what im missing or what im over on. I have buried my head long…
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Identity theft and traders
Hi folks, not sure if this is the right forum section, but just wanted to know people's thoughts about traders working in the house and identity theft. I'm sure we have all had traders working around the house from time to time and sometimes unsupervised, so surely there's a chance of them getting hold of details that…
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Friday 3 July 2015. What small dfw stuff 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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**Please Help** Marston debt & bailiffs
Hi, I'm unsure if this is the right place for this post but here it goes. I recently received a letter regarding a marston debt at an address I no longer live in so I've not been receiving any letters until now today I saw the person who lives at my old address and he gave me this letter and said the bailiffs have been to…
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Help with N1CPC and Hoist Portfolio Handling 2 Limited
I would appreciate some advice regarding a N1CPC I have received regarding a debt from Hoist Portfolio Holding (originally from Allience & Leicester / Santander). I am vaguely aware of a loan I took out in 2005 with Allience and Leicester, which for many reasons I fell behind the payments on. Eventually I arranged a £1 a…
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Buy a house or pay off student loans?
I'm new here so sorry if I post this in the wrong area. I recently inherited property in KY and because I am a Class C inheritor I will have to pay an inheritance tax. I plan on selling the property, and I'm looking at having about $150K in cash after taxes and all of the estate bills are paid and settled. Initially I…
