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Monday 11th January 2016 - 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 :j But once we have done the bigger stuff, we often feel that we are not making the same amount of progress,…
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£5k paid off in 2015, £4k to go in 2016!
So, Finally got my !!!! in gear last year and tackled my debts head on paying off overdrafts//credit cards//payday loans. I have two debts left - one credit card of £1k, which I will pay off at the end of the month and another, a defaulted overdraft. The O/D was originally £2,000, but the balance is £3,208 as they put on…
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Oops, wrong forum!
Sorry, wrong place to post!
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DMP Review advice needed on expenditure allowances
Hi all, I'm in n ed of some advice ... My oh and I are currently in a dmp with payplan and we've had the email to advise us our annual review is due. In preparation I've done some research and managed to get hold of a copy of the living expenses guide used by wilmott turner. Looking through this I've realised that our…
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F&F offer from creditors
One of my creditors has written to me this weekend saying that for 7 days the possibility of a reduced full and final settlement is on the table (they didn't name a figure) I'm not in a position to take them up and am on the 1st embarking on a long haul DMP The letter says if I don't take up their full and final offer that…
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Help needed RE Overdraft default
Hi All Looking for some advice and hoping one of you can help! My situation is that I have a defaulted account with Barclays, registered as defaulted in July 2013. I had an agreed interest free overdraft limit of £1200, as I was a student at the time & held a student account with them. I also held a student account with…
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quick question
I have just started a DMP with StepChange. They've held off on adding my Santander overdraft to it until I get my new bank account set up complete. Just a thought though, so SC have agreed to add my Santander overdraft to my DMP - does it matter that my mortgage is with Santander also? If they wanted to could they add my…
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Lost
Hello all, I'm not really sure what to write. I'm not in a huge amount of debt but it's plenty big enough for me and I want it to be gone so I can start to live. Something I don't feel I do at the moment, something I feel like I've not done for a long time. I'm at the stage where all my friends are married and having…
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HELP WANTED! Credit cards vs loans?
Hi, My Husband and I are newly married and looking to save for a mortgage. However, we have an amount of debt that we just can't seem to clear, and with new motivation for 2016, I wonder if anyone might have any advice for us around how best to approach this? I have £6000 on a 0% credit card, which was consolidated debt.…
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Cabot on 6years Plus Debt
Hi Dec 27th 2015 MArked the 6 Year anniversary my ex wife left me and drained every fund i had. She took over all my money in the summer 2009 i never saw a penny. I had bit of a break down as my entire life was upside down, as the bank/everybody accommodated her and left me homeless miles from home. I ain't the brightest…
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Sunday 10th January - What Small DFW-Style Things Will You Be Doing 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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Robinson Way Debt Collectors
Help required please. I received a letter from Robinson Way before Christmas about a debt I know nothing about so I sent them a Statute Barred letter, they sent a letter back saying the Statute Barred didn't count so I sent them another letter requesting paperwork relating to the debt, then I received a letter back (dated…
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D.r.o?
I'm sorting out a DRO for my mum and I just want to know that if she goes through with this, will she loose all of her credit accounts? She has a credit account with studio, she has always paid it on time, never missed a payment, so it isn't defaulted or anything - will this need to be included in the DRO? Thanks
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What now?.......................
My husband has been in correspondence with Capital One/Frederickson/Bryan Carter to request a copy of his CCA. The last letter requested a signature as 'their' records didn't show a match - he responded that it basically wasn't necessary and the latest reply quotes:- ""I acknowledge there is no requirement to provide a…
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Here's my plan, any suggestions
Am looking for advice if my plan is a good idea. Current situation is BOI mortgage fixed rate 4.5% approx £19k secure loan. Fixed rate 7.9% approx £29k DMP. All now 0%. Approx £19k I am currently only just paying above token payments on DMP but have a slight income increase which I will declare but think I can free an…
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Wescot DCA
So out of the blue, mum receives a letter from Wescot asking her to get in touch to "update details". There's no reference to what it's about. I googled the number and it turns out to be a debt collection agency. Mum tells me she doesn't owe anything other than a bank loan that she's paying off through direct debit and…
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Paying off debts - what order should I pay off?
Looking for some advice on how to tackle outstanding debt. I am managing my own DMP with 5 creditors. The 2 largest debts have defaults recorded against them and are being dealt with by third party agencies. I have submitted CCA requests to both of these and awaiting responses. The next 2 are Barclaycard with an…
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Watch out for Lucas Credit Services!
I have been paying a debt back through "dlc" for a couple of years now(monthly DD) & yesterday I received a letter from Lucas Credit Services about the same debt basically saying debt still outstanding/no payments made & pay within 30 days or threat,threat,threat! The debt is for car finance with Welcome which is now…
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Asking non priorities to take less ££
Having had a 20% pay cut over the last 12 months (am in oil industry so lucky to have work at all), I need to ask my creditors to accept lower payments/freeze interest and charges. I am planning on ask if they will accept payments of half the requested monthly amount. This is to credit cards held with Creation and RBos and…
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I'm confused about the best thing to do with credit card.
Hi, First off I am English but moved to Australia in 2006 so my figures are going to be AU$, but hey the numbers will do. We are trying to get rid of our debt this year, we are snowballing and things are going ok but I need some advice about the best way to tackle our credit card. Currently it has a $2000.00 limit and we…
