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One step at a time...
Hello everyone, First of all I've been here as a lurker for some time and a lot of your input has been very helpful in the last few weeks whilst I established a way to sort out my debts. Now, granted my money issues are by no means as bad as some others have shown here but all the same it has the same affect on my credit…
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Too soon for DMP?
Hi, I was wondering if it was too soon to organise a dmp? I have been managing my debts fairly well until the last 6 months. my situation is this - I left my full time NHS sister's post (approx. £30k/yr) due to constantly working overtime that was never paid, constant late finishes meant my family life was falling apart…
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Temporary freeze
Hi, Last year in September I reached a point when I realized I needed to get on top of my finances. I was considering going into a DMP and I asked for a 30 day breathing space period from my creditcard/loans. Fortunately I decided with cutting back I was able to meet my minimum repayments and I didn't miss any payments in…
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Old Credit Card debt - how to clear it off.
(I've posted this in another section - don't think it was the right one though.) So at £25k of unsecured debt (some in arrears), two mortgages on the house (in arrears) and struggling to pay bills in general we reluctantly sold our house and moved into rented. We were lucky in that our sale price covered all moving costs…
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Debt management Plan & Equity Release
Hi I just wondered if anyone on hear has or knows of anyone being on a DMP taking equity from the house to pay off their debts. I owe approx £20k and have approx £60k equity in my home, so I have enough there to clear my debts entirely. I checked my credit rating last week and im 0, I cant see this would come into it as…
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Monday 18th January - 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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Starting a DMP
I've been on and off these boards for years but after finally getting out of a bad unhealthy relationship and being in a supportive one I've finally stopped being so nervous about stepping up and facing my debts head on. Compared to some I don't have a lot of debt. Probably totals about 5-6k all together but I still cry…
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14k Debt - Age 24
So here goes - I need help with the below... I'm 24 years old and I have 14k debt. This is broken down into; 1x barclaycard with around 4K on it. Currently on a payment plan of £50/month 1x credit card with £1250 on it - making minimum payments each month of around £36 1x payday loan - Wonga - 200 pounds 1x payday loan -…
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Frederickson Int. debt help
Hi, My wife has just recieved 3 letters from a ex landlord of ours we had back in 2012. The landlord had managed to find the address of my wife's parent and forwarded these 3 letters from Frederick International Debt collection on to them. The 3 letters are dated from May/June 2015 and are basically stating she has…
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Overdraft help
Due to many circumstances I have been in a bit of a mess with debt but I am positively moving forward and the amounts I owe are falling. I paid of an MBNA card last year I have a HBOS credit card that should be paid off by summer I have a Barclaycard that should also be a think of the past within a few months. I have a…
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First time poster - needing support!
Hello, as the title suggested I've never posted here before - I am in so much debt I cannot see a way out, I'm 25 barely leave the house (Except to work), due to not being able to afford to do things, my debt is crippling me and I thought I'd post on here with the hope of some solid advice to help! The information below is…
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CCJ from cabot, 9 years after default.
Hi everyone. Iv recently paid off what i thought was all my debt.. so i thought i had numerous loans and credit cards and paid them all off however had an outstanding loan to cabot that defaulted in 2008, and came off my credit file a few years ago now but recently iv had cabot financial pop up threatening to take me to…
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Court paper received - help please
Hi can someone help me out please I received court papers on Thursday for a claimed debt to Lowell portfolio that was transferred to them from Vodafone in 2014. Now I remember there being something with Vodafone but years and years ago, I've checked my credit file and there's nothing on there relating to this so possibly…
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I feel like I've ruined my life!!
Hi, I've been a lurker on these forums for quite a few years on and off but I've still got myself in to an awful situation and don't know how to fix things. I'm 26 & Married with 2 kids and I've got debts totaling £28,772.80 spread over 4 credit cards., luckily £25k is on 0% but only for another 6 months. When the 0%…
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Alternatives to iva?!
Hi Our creditors meeting for our iva is Wednesday. It has however come to light being in an iva would make it very hard to rent anywhere else. We will be moving out of our current flat sometime in the next 6-12 months, and private rents are few and far between. Now I'm panicking. I do not want to enter into an iva and then…
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Job offer subject to credit check
I've been offered a job but it's subject to me passing a credit check. I had some bad debts a few years ago, the final one I clear with a settlement discount on the 23rd March 2009 That was nearly 7 years ago Will this affect my chances of getting the job?
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what's the worst you have heard of?
I am currently helping my brother sort out his finances. he owes 85K in unsecured debts on a salary of 50K. He is in a mess. We are planning to speak to Stepchange this week. He is 28 years old! I don't have any debts apart from my mortgage so I have never been in his position. He reckons that he knows other people who…
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Can a debt be passed onto a DCA if its in dispute with OC?
I have some debts with Halifax and have written to them for verification of the debts. They have not responded fully, 1 credit agreement they have provided has not been signed and properly executed by them and may also be missing perscribed terms as it was done online in September 2006. 2. Loan agreement bears an incorrect…
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Renting with poor credit history
I am having to find a new place to live and I am concerned that my previous poor credit history will cause a problem. I was on a Debt Management Plan until mid 2014, since then everything has been fine. I have been in my current place for 5 years and never had a problem paying the rent. I have been in my current job for 15…
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Santander loan
I have around £3000 owing on a Santander loan. I have not made a payment since 2012. The loan is showing on my credit report as still being with Santander. I have never actually been asked to make any repayments or 'chased' for the outstanding balance. As I am wanting to improve my credit rating I was thinking of…
