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Tips for going self managed
Afternoon all, Just wondered if people could share any experiences or pointers where you have gone from say, step change to self managed. I am facing the possibility of doing this shortly, as I wish to have a little more flexibility of my DMP and trying to close down some accounts through F&Fs which StepChange otherwise…
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Help in Closing a Current Account
Hi All, I'm currently with Natwest and a few months ago my graduate account with a £500 overdraft turned into a current account and as a result of this I have been charged £90 a month in overdraft charges and unfortunately the balance currently stands at -£800.45. After speaking with an adviser at Nattiest she let me know…
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How would you tackle this?
Just wanted some input on this situation. I have an idea of what I want to do, but wondered if anyone else had any better ideas as to how to tackle this money situation I'm in... I have a CC, that I got a couple of years ago. The interest free period has now run out and is now 1.45% on purchases (I don't use it to get cash…
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do limitations time still apply when court chasing debt?
Hi all, I wondered if you could help. a friend of mine received a letter last week from the county court requesting payment for a £500 debt or bailiffs would be instructed to visit her home this week. The papers didn't say what the debt was for, she has lots of old debts so wasn't sure which it was. I told her about statue…
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Use my ISA to pay off overdraft?
Morning all, Been a while since I've posted something but after some advise. I've got 3k saved in the new government ISA but have an overdraft of 2.9k......Should I slowly pay off my overdraft or use the ISA to pay off my overdraft and start fresh. I'm not looking to buy a house for another 2 years I'm paying £40-£50…
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Monday 11th July - what small DFW 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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Received court claim form
Hi, I started receiving requests for payment for a MBNA account from a debt collection company. I asked for a CCA as advised on here and I was told that they didn't need to provide me with one. This was maybe 3 years ago. I have recently started receiving letters at my new address from a different company, I ignored them…
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What is £1 worth to you?
Been reading through loads of posts on here for past 30 mins or so and it's horrible to hear of people in varying degrees of debt. I read a post from 2015, I think, to do with a person who had children and had gotten themselves into about 20k of debt. Without sounding unreasonable, it was the usual story of realisation,…
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Account is default and high interest question
I'm helping a friend to get a grip on her finances, get CCAs and reach settlement agreements. All her accounts where she's defaulted and is on a payment plan are not charging any interest or are charging little. However, her payments to Halifax are £50 a month but £45 is interest. When she spoke to Barclays before they…
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Bailiffs
Wasn't sure which forum to post this in. I owe about £1600 to Marston Group limited. Since October 2015 I had a direct debit in place of £50 per month. But last month I was unable to pay it. As I was unable to call I emailed notifying them that I wouldn't be able to pay and asked if I could pay it off the following week.…
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Could I cause myself problems ?
I have 3 debts that are with debt collection agencies and are being paid off at an agreed monthly amount. However as they are attracting no interest, any money that I would have been putting towards these debts, I've been saving up in a separate account. I'm now in the position to fully pay off one - would the other two…
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Debt and Cancer
me and my wife are currently in an iva with a debt company and pay £90 a month to be shared out to pay off our debts, last year my wife was diagnosed with lung cancer and i was wondering if there is anything we can do to reduce/clear our debt as my wife has cancer?
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Use a DMP for bank overdraft?
I have a £2000 overdraft from Santander, I had written a letter to them asking to allow me another year to pay it off but I received a letter from them today and they said my account will be reviewed on 1st September and it most likely will be cancelled. They said to call the collections number to discuss a monthly payment…
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CCJ Issue
Hello all. I am after some help if possible. I have obtained a CCJ against someone who is now due to pay me the money due. I obtained advice on this issue and made the notice out to e.g Mr Smith T/A Smith Healthcare. The address of the notice was given as the address of the business. Since this all began the person has…
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I Fell off the Carousel of life... how to get back on?
So, it was going well up to 2005. Then the down turn. Long story short.... Lost job... lived on credit cards thinking "something" would come up. 2008 hit - ironically, bank offered me a large loan just before the financial crash. Was renting - eventually exhausted credit. And then loan. Moved out. Lived with friends for a…
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Creditor can't supply CCA - what now?
In previous posts about my debts people have suggested I request copies of my consumer credit agreement from my creditors. I have done and 2 cannot provide it - MBNA/ Natwest. I have an ongoing complaint against Natwest with the Ombudsman and they advised Natwest/ MBNA don't need to keep paperwork for any longer than 6…
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Default date changed - advise needed
Hi, I have posted a few queries here lately as I am in the process of gaining settlement figures from my creditors. Its a bit of a slow process as some are taking 6 weeks to reply and then I can never get to speak to anybody! Anywayyyyy...I had some good news last week from Barclaycard. Because of their internal payment…
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Tips for a young couple using piggybank technique?
Hi, I'm a total newbie so if this is in the wrong place please do let me know (nicely!) :) I am looking for any tips or pointers on how to get financially organised as a young twenty-something couple, sharing bills and food etc. After 2 years together, we attempted the piggybank technique to get ourselves sorted…
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Sat 9th/Sun 10th - what small DFW things will you do this 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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Charging order Query
Hi, I am posting on behalf of someone... Truly !! I live in Northern Ireland. My best friend owes about 5k on his rates. It has gone to the ejo and the police arrived with a warrant and he attendded the interview with the ejo. He says he doesn't know if he has a charging order on his house for this debt. He's done a check…
