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Old debt appeared on Credit Report and Bank charges.
Hi, I have just done a couple of checks on my credit report, one with Experian and one with Noodle. Neither make for great reading, but I noticed on Noodle that there was a debt dating back to 2007 on there that isn't on my Experian report. It says it's a Credit Card, but I can't really remember even having a credit card…
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On a DMP and now my boiler needs replacing!
I'm a couple of years into a DMP with Payplan and currently paying back around £450 a month (it has been higher but I couldn't maintain the payments). I have 30 months left to go but money is very tight each month. .' I'm a single parent with three children and although I have a decent job and work full time, the debts and…
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Old debt
Hi all, back in 2009 my husband took out a credit card and paid for a holiday with it, spent around £2000 on it. A few weeks later we moved house and he lost his job due to illness. He assumed the bank would find out where he lived but would give him some time to hopefully get better, find another job and be able to afford…
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Who buys the debts?
I'm curious as to which companies a really purchase debts as to those who just deal with them for the creditor Two of mine are with Akinika who I'm sure are agents Couple of others are with Link and one with Moorcroft. These last two, I don't recall getting a letter saying they have bought my debt but the letters insinuate…
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Bank charges not paid nearly six years ago now passed to debt recovery
Hope this is in the right section of the forum so apologies if its not :) I received a letter from Link financial, they say they bought a debt from co op bank, i closed the account with Co-op on Sept 2010, i basically got in debt with payday loans nearly 6 years ago, didn't pay the debt and because the money was not in my…
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On DMP but interest charges not frozen
Hi everyone First time posting here so be gentle! I started a DMP with Stepchange just over a year ago. I've recently checked my statement and to my horror my credit card debts (Barclaycard, Aqua and Capital One) have all either stayed the same or increased due to the fact I am still being charged regular fees for being…
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Morrcroft - Advice please
Hello everybody, Could anyone please offer any advice. I had a credit card debt with Santandar(Abbey National) /MBNA for the region of £10, 000. This dates back to 2011/12. I lost my job and almost all I had. Through the Citizen Advice Bureau I reached an agreement with the bank to pay £1 per month. After a year of…
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I need an advise on Warrant of Control
Hello, I have a court order for a SIMPLETS LIMITED (comp.# 09496696) who is trading at Amazon Marketplace to pay me total of £72.90 (incl.court fees). They did not pay me and I was thinking of applying for a Warrant of Control which cost £100.00 for a 3 attempts of bailiff visits. I am just wondering what are my chances of…
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Barclays Overdraft - how to turn it into a loan and clear it off
Hi All, just a quick note for people with high overdraft costs etc. I spoke with my bank (Barclay's about my overdraft of 3500, and the fact I am constantly going into the red because they keep charging me daily fee charges which add upto about £120, taking a large sum of money from pay each month. Barclay's froze my…
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Tuesday 31st May - 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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Debt advice required - 60K
Hi I'm in need of some advice please. I currently owe around 60k worth of unsecured debts. Both loans and credit cards. All racked up through gambling, which I am now seeking help for. Amazingly I have kept up to date with all payments until now. I can no longer keep up with working 12 hour shifts 6 days a week. I have…
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Bailiff coming tomorrow
I have an Enforcement Bailiff coming on Tuesday 31st May. He came last week and left a letter to return in 7days and remove goods. I have a debt of 600 for council tax. I missed 2 payments. I owed £19.92 and had a letter from the council in April with the reminder. Its now 600 with the court costs and fees for the bailiff!…
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Which is the better option?
I'm looking for some advice on paying off debts, as I have a decision to make. Through foolishness in my late 20s and early 30s, I have around £7,000 of credit card debt across 3 cards and a £10,000 five year loan that's almost paid off. I pay around £200 per month on credit card payments, which is only slightly more than…
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Accounts disappeared from credit report
I defaulted on several accounts five years ago. Two are with the same lender, and they have both disappeared from my credit report. One was acknowledged as being unenforceable and I stopped paying them in January. The other was an overdraft they had no paperwork, which they said they didn't need to provide. I was paying a…
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Struggling to see a way out but appreciate this forum
Hi all, I originally posted this in response to an already existing thread, but felt it might be more appropriate to begin another - just to introduce myself and to share my sentiments with more of you... I have only recently discovered this forum and have already found some comfort in reading the stories of others. Being…
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How do I pay defaulted debts and improve credit rating?
After being silly with finances during my 20s, I’m getting on track and want to get my credit rating up. I’ve recently moved to London and starting a good career; great prospects and good pay. My gf and I are hoping for a house in a few years etc., so I want to get things in order. I've been monitoring my credit score and…
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What does that extra £283 a month get you? (every £5k on salary)
Interested to see the other day that an extra £5k in salary gets you around £283 after tax per month. Even less once you hit that 40% barrier. Got me thinking about that boss that earns £10k more than you and gets a whole load of hassle and stress. Basically he/she gets a few new pieces of outdoor clothing per month and a…
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Credit card interest is killing me
Hello, First time posting on here having read a few other threads Over the past few years I have accumulated about £20k on credit card debt - some of which is from covering other bills, a wedding, holidays we didn't need and a large share is from a series of stupid mistakes gambling online. That has now finished and I have…
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Ynab
I have been reading threads for advice on here and one thing recommended was the YNAB budgeting tool. I have signed up but I have to say I don't know what to do! It's designed for American accounts (from what I can see) it won't recognise my bank accounts at all (Halifax and First Direct) and I can't figure out where to…
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The truth is out & re-mortgage
I have been this forum for ages, but never really opened up. Nevertheless it has given me a lot of support. Why open up now? I have been in debt for over 12yrs to varying degrees, but like most have nothing to show for it. So finally told my husband how much debt I'm in, he was shocked, but very supportive. I owe a lot of…