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Could I cut down on anything?
I hope this is in the right place... Please move if not... I live at home with my mum. Just wondering if I could cut down on any thing... Or use what's left to save more Monthly income (Before Tax)..... £1,484.46 Monthly Income (After Tax)..... £1,484.46 Number of people in house 2 (Sometimes 3 brother at uni) Number of…
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Long DMP v partial settlement
Hi, advise please I have a DMP that will last 3 more years. Some of my debts have never had a late payment or default, some have. Would I be better paying off the DMP every month, or paying off debts and having a partial settlement? How badly does a partial settlement affect credit rating. I may be able to afford to pay…
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Summons for non payment
Story short: 3 years ago me and my partner owned a company and rented premises for around 9 months. Later company was sold and closed. Unfortunately rental contracts were signed as a private persons not as a company (xx trading as xx company) and now I have received court summons for non payment of council tax…
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Notice of Enforcement for ex
Hello... sorry if this is a stupid question but I've never had a letter like this before and don't know what to do. I've received a letter in the post today from marston high court enforcement officers stating 'Notice of Enforcement' for a debt owed to TFL for £202 + £75 fees. The letter is addressed to my ex-husband, we…
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DMP - Should I continue with it?
Hi All, I've been a reasonably frequent visitor to the forums for a few months, but have taken the plunge and decided to post a question. About two years ago I lost my job, and the previously manageable credit card repayments became unmanageable. I took the daft path of getting payday loans to make minimum payments, and…
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NTL old debt
Hoping I can get some help. I applied to change to Virgin for TV and Telephone as I was trying to save money. They told me when they did their credit check that I owed them £20.89 from when I left NTL in 2004. I had always paid bills in full and was astounded when they told me of the debt as this was the first I knew of…
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Default vs AP markers
Hi all Looking for a bit of advice from someone more in the know than I am please. I had an ongoing issue with Natwest bank :mad: When I first set up my DMP I had an overdraft with them approaching £3000, which went onto the DMP. They initially did not acknowledge the DMP and sent loads of threatening letters etc, and…
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Selling house to clear debt?
Hi, We are approx 30k in debt and have around 28k equity in our house. I am thinking about selling our house to clear most of it and going into a rented house. We have 2 young children so at the moment I can't increase my hours at work as we still couldn't afford childcare. We are both in late 20's so would hopefully be…
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Saturday 26th/Sunday 27th What small debt free wannabee things will you do today?
When we start our debt free journies we concentrate on doing the big things. Cutting up the credit cards. Cancelling the sky subscription. But along the way the daily habits we evolve to get out and stay out of debt are just as important. Examples might be, line drying your washing instead of using a tumble drier.…
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About to start on a DMP by SC
I just about to sign the papers for my DMP but I'm so worried and would like some advice on the matter. According to StepChange they estimated that it would take approx 10 years to be debt free. Any advice from those who are already doing a DMP? Thanks!
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do halifax credit card report to noddle?
does anyone know if halifax credit card report to noddle... my wife had a credit card with them and when we look at noddle theres no trace of it........ now i'd assume they don't report to noddle as there is no trace of it on her report.....but just wondered if we just randomly got very lucky and its been taken off...?
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Statute barred, offering refund?
Hi Recd letter from Cabot Financial saying they had recently written to me (no!) identifying overpayment and that as I was living in Scotland at time account became statute barred they wish to repay any amount after this date (but no dates given) "what you should do now" goes on to say I should phone them so they can…
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Reducing my dmp payment
Hi all...I've recently started a dmp my payment was £316 a month I've only paid one payment.... I realised my gas/electric dd had increased so I phoned to change my budget... they have reduced my payment to £260... Now I'm worried sick... All creditors had agreed to the plan and as I'm only a month in what will happen now?…
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Want to buy a house......
Hi all, first post on here and I hope you can help or offer some advice. I am 27 and currently living in rented accommodation. I earn good money and can get my hands on a decent deposit for a property and easily afford the mortgage repayments on a 180 - 200k property. However my credit score is terrible. Around 516. This…
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No more gambling for me
After the "Big Win" that sorted me out, no more gambling. That's my promise to myself x
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Motivation and Advice welcome
Hi, Iv been on here on and off for ages and I am finally getting sorted. I lack motivation and Im looking for some advice too. Here is my SOA: I havent included food or travel or CC payments in my SOA Salary: Husband: 1400 Me: 520 Benefits 200 Total: 2120 Mortgage: 343 CT 106 Water 50 Sky 38 (inc phone and broadband)…
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Debt free (in effect): carrying on the MSE life. Thank you all
Hi all Well thanks to an unexpected bit of good news, I am now debt free for all intents and purposes (I still have a few ccs but they are all 0% so I'm carrying on monthly payments for the mo - but I will kill them all in January) The old statement of affairs is healthier and I am now going to use the MSE techniques I…
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40k debt no options
Hi, Feeling stuck at the moment I've racked up nearly 40k of debt due to gambling. I don't feel I have any options. I have a home with my partner which we pay a mortgage on we don't earn a great deal of money between us. My partner is aware that I'm in debt due to gambling but not the amounts. Ideally I need to remortgage…
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Friday 25th September - 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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Spare Money and Self arranged DMP
Due to difficulties (on both parties) when CCCS changed to Step Change, I took the decision to organise my own DMP. To be honest it was based on the my last CCCS review. Now me and my wife have spare money (due to a PPI claim and a change in employment) I have managed to pay off a lot of debt, but still have a few debts on…
