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Sat/Sun 13th/14th Feb - what small DFW things will you do this 'luuurrvly' weekend
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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Need advice please!!!
I had a bad few years with an ex who ruined my credit rating by getting catalogue accounts and credit cards in my name. When I found out I contested them and refused to pay but doing that has ruined my credit rating. I started trying to pay them a couple of years ago but but have recently struggled with the monthly…
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Should I sell to clear debts?
Hi I'm trying to get rid of my debts but I can't see how. Bare with me as I'm a newbie to this site and not great financially (as you'll see!) Between my husband and I we have around £20k of debts. Some credit cards, one catalogue account & and a loan that still has 27months on it. The majority of this was to pay for our…
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Drydensfairfax County Court Claim
Hi everyone I've been advised to join and post here to get the right advice. Hoping somebody can advise me on what to do in my situation Drydensfairfax contacted me at the beginning of December claiming I owed £1473 to Cabot Financial for a capital one card (my limit was £500 so most of this is charges and interest). I…
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Hubby's spending getting me down - please can anyone advise? (WARNING - long post!)
Hello, everyone! I've been lurking for months now, but it was reading a couple of recent threads from people with spending partners that gave me courage and made me realise I'm not the only one, Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 2 Number of…
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HSBC Default
Hi guys Not sure if this is the right place to be posting. I opened up an HSBC bank account in 2008, it was one that came with benefits at a charge of £15 a month, as long as i paid in my salary of at least £1000 a month. I stopped using this account in 2014, i did call and speak to someone and told them that i will no…
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Some good news at last!
I just wanted to share with someone the sense of relief I feel after being notified by Payplan that all of my creditors have accepted the offer of reduced payments for my DMP. I know not everyone has had a good experience with Payplan but for me (I've not been able to tell family and friends about my financial problems)…
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How do you convince someone to do a DMP?
OH is reluctant to go down the DMP route but to me it's the only way we'll ever be debt free. We have about 45K worth of credit card debt and as much as we try we can't bring it down and only make minimum payments on quite a few of the cards. I say we need a DMP and know it will be hell on wheels but he won't get behind…
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Friday 12th February - 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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Wits end
Having watched The Martin Lewis Show, we decided to leave Barclays after 45 blemish free years. We elected to join the Santander 123 account. We own our own home outright and took out a buy to let mortgage in Sept 2014 which we have paid on time d/d. I had just prior to leaving Barclays applied for a Virgin 0% transfer…
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advice needed
Hi Everone ,very new here Ok,due to a recurring hip and knee injury,from a fall at home last year. I have,taken advice from my Dr,and reluctantly, gone back to part time work,from a full time postion,in my current job.As a result a drop in income I live on my own,just turned 50 ,in January this year,eeek!! in a mobile…
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Tracing my old Debts...
Hi, Some years ago I was rather stupid with money, I started defaulting on my loan, before completely ignoring it and eventually left the country. I'm much more mature, in a much better financial position now and I want to rectify it. I've started by signing up to Experian and I've viewed my Credit Report tonight. There's…
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Smash my debt
Hi all I've gotten myself in such a rut and I'm not too sure how I got to this place, but now is time to get myself back to where I was. Im depressed and my confidence is at rock bottom. I'm hoping to use this forum for advice and support from fellow debt smashers and hopefully others will benefit from reading this too. So…
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Advice please - 1st Credit Ltd
Hi there. So...I made a full and final offer of 20% of my £3000 student overdraft that is being chased by 1st credit ltd. This offer was rejected, however they did offer me a settlement of 50% instead. A few months back they offered me to pay around 25% but I didn't have funds available at the time so couldn't take them up…
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HSBC.. Help Please!
Hi all, Just wondering.. I bank with HSBC and my loan is also with this lender. I rang them 2 days ago to ask if they could put my loan payment on hold for 2 months just so I can get back on my feet, they agreed however said after the 2 month break give them a call and we can come to an arrangement as to whether I can keep…
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Creditor Not Replying To Correspondence
Having problems with a creditor. I have written to them asking for a copy of valid credit agreement, copy of default notice, deed of assignment and deed of novation. Under FCA Guidelines it states that:- CONC 6.5 Assignment of rights Application CONC 6.5.1R01/04/2014 This section applies to a firm with respect to consumer…
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CCJ issued - could be statute barred. HELP please!
Good Afternoon, Just before Christmas I received notice that a CCJ was being filed against me due to debts owing to MBNA credit card totalling just over £1500. I asked for clarification from their legal representatives, the lovely people at Rentons Solicitors, as to whether this debt may or may not have been statute barred…
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Looking for advice: Husband with spending problem
I'm a total newbie to these forums so please forgive me for any mistakes I make... I'm totally lost in debt problems, or rather, my husband's debt problems. We haven't been married for long but last week I discovered that he is in debt to the tune of £45k. He didn't tell me this himself. I found it out by piecing together…
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Self Managed DMP Query
Hi I am currently paying debts through a self managed DMP. Once thing I'm worried about is that if there are creditors that I am not paying and I am just waiting for a CCJ to appear on my report etc due to them not having my current address. Am I being silly? Can i trust my credit reports (Equifax and Experian) to show all…
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Having a solo DMP when living together?
I have been looking at our finances recently as we are in serious trouble. I talked to DH and he seemed onboard with cutting back and even agreed that his entertainment and smoking money needed to be drastically cut. A month later and nothing has changed :( I have deliberately left his bank with no money (I am the one who…
