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CCJ Help and Advice
I was wondering if someone could provide myself and my wife with some advise. Before I met my wife she had some issues with money and took out some cards and loans that she was unable to pay back, they are dating back to 2006/2007. When we first moved in together in 2011 I thought it would be a good idea for her to look at…
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Secret debt?
Is anyone else not 100% open with their spouse/partner about exactly how much they owe? My partner knows that I owe quite a bit but I choose to not reveal the figures as I worry he would freak out. Not ideal but i can't cope with the thought of telling him until I have made a dent in it. Does anyone else also keep the…
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Default not added to Credit File
Good evening, I hope I am posting this in the right part of the forum and would be grateful of some thoughts on my Situation. I have been a DMP for a while and whilst most of my debts defaulted back in the beginning of 2010 and are due to drop off I have found that Nationwide did not. They have been marking my file with a…
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Creation Full & Final Settlement problem
In November I agreed a full & final settlement offer with Creation Finance for a credit card I had years ago. I was paying it off for years on a DMP, however my mother retired and give me money to pay off my debts. The debt was approximately £2700 and I made a full & final settlement offer of £800 over the phone. The…
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How does a car lease appear on credit file?
Hi, My partner is considering leasing a car for 24 months. Does anyone know how this will appear on his credit file? He is looking to pay around £200 for 24 months for a car that costs in the region of 18K. Would the total value of the car (18k) show up on his credit file or would it just be the payments that he has agreed…
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Attitudes to Saving
First off, I just want to explain that I have put this in the DFW part of the board because I am interested in people's overall attitudes to their budgeting, rather than specific products that are talked about in the Savings section, but feel free to move it. It would also be interesting to hear from people who are either…
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Do we all need "Financial Therapy"?
Interesting newspaper article today about "Financial Therapy" that's becoming a trend in the USA. My first thought was 'another brand of faddy pointless therapy that everyone in the US will want' but having read the article I think they might be on to something. Here's an extract; "financial advice with a more touchy-feely…
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Tuesday 5th Jan - 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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More income = Higher childcare
I am currently trying to pay off my debt, but I have a serious issue. My bills are $500 more per month than my income. I live in America and get help from my state to pay for childcare since I am a single mother. If I work more hours or get a second job, the increased income will make my daycare cost go up since it is…
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How common is my situation?
So I am finally here it after spending months of pondering whether to join up. I am currently in a bit of a pickle with my finances. 3-4 years of overspending and bad decisions has left me 22K in debt on a salary of 33K a year. I am 30 years old and live with my partner although he is not involved in my debts and I want to…
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When people think that debt isn't debt.
I have started a little debt conversation group at work since being more open about my debt. There are about 3 of us who are in similar predicaments ( I owe the most :( ). One of our colleagues is quite disparaging about us being in debt and likes to tell us that we should only have what we can afford..... bit late for…
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A wee bit of DMP advice :)
Hello, I’m more of a lurker on these boards but thought I’d pop up a quick post to see what others would do in my situation :) I’ve been on a DMP with Stepchange since the beginning of the year and I’m due an annual review towards the end of February. A few months ago I found out I was pregnant, but unfortunately I can’t…
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Behind with council tax
Hi all, I am looking for some advice/information regarding likely action. I have religiously paid my council tax for over 10 years. Due to unforeseen circumstance I was late in paying my council tax in November - I paid it in December. I subsequently missed my December payment and its looking like I wont be able to pay…
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Closing Catalogue Account - Impact on Warranty?
Hi I have finally paid off Littlewoods and wish to close the account.:j But a couple of months ago I bought a microwave from them using my reward points that I had accrued as I was a blinking good customer(insert idiot if you like). So I technically have not paid for it, though one could argue I have paid for it as I would…
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Seeking advice for a relative with significant equity but large credit card debts
Am trying to seek some advice for a sibling who has got themselves into a huge level of credit card debt and at present has more going out each month in repayments than they have coming in. Both I and my parents am doing my best to assist them in covering the difference but its really not sustainable - or fair on us. So…
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Lump Sum to pay debts whats best way to offer to creditors?
Hello Everyone and Happy New Year. Just to give a brief outline of my position. I have unsecured debts totaling 26.5k (or close enough) no priority debts. They are made up of one loan lots of credit cards one overdraft and a few payday loans. I am currently paying minimal amounts to all creditors (£1-£10 per month) and in…
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Yes Car Credit / Go Debt
Afternoon, In May 2004 i took out an agreement with Yes Car Credit. Shortly after my circumstances changed and i arranged with Yes Car Credit to return the car (Apx 3-5 Months later), i was told verbally this was OK. Shortly after i received letters from Go Debt requesting payments, i had nothing in writing from yes Car…
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What Happens Next....
OK, I am now debt free, and have been trying to slowly rebuild my credit (I want to re-mortgage ASAP), I have a current account that has not been overdrawn in a small (Vanquis) credit card I use for petrol and then gets paid off each month, all other bills are always paid on time. This has been the drill for 2-3 years now,…
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dlc cca request
Hi All, Below is the text of letter received from dlc: "Further to our previous correspondence regarding your request for information under the Consumer Credit Act 1974, please find enclosed documentation from the original lender as requested. Due to the age of the account the original executed agreement is no longer…
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Debt managment documents you can print for yourself?
Hi, my partner has decided he wants to get a grip on his messy finances this year. I am trying to be supportive but I know I have to let him do it his way (he's not keen on outside help etc). I was wondering if anyone knows of any paper budgeting sheets or systems I could download and print for him to keep in the folder…
