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Interest ?
I'm making sure that 2017 is going to be the most frugal here ever as I have a debt of £12,000 that is being paid monthly. It will take approx 16 months to pay,although they are continuing to charge interest so that means will probably be 18 months. I have read so much over the last few weeks but did read an article to say…
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I am paying too much off?
I'm trying to clear my mortgage off asap so overpaying it, as much as I thought I could. I'm on a decent wage but its decreased by 2-3K in the last 2 years so don't have as much coming in. I've kept the overpayments up though and increased them a little when I ended up getting a council tax discount for living on my own. I…
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My partner has got me £12k+ in debt
Oh the benefit of hindsight! For numerous reasons but in the previous mindset that I fully trusted my partner of 7 years and him telling me he will pay me back (he earns quite a decent wage but has his own debts) he has now got me around £12k in debt. This is various things: mainly credit cards like he would take it on…
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Jacobs bailiffs !!help!!
Hi everyone, I will keep this as short as possible. I have a joint tenancy with my disabled brother who has his share of all the bills covered in his benefits. I had poor money management and missed my council tax payments last year, the council asked for full payment £576.59 which I couldn't afford so I agreed a one time…
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How To Stay Motivated On Your Own?
Between me and my wife we had £16,000 outstanding at top of the year. I've not had a LBM I've always had an issue with havingdebt and always like my experian score at 999 with never a late payment for like 9 years. Unfortunately 2015 was a bad year with maxing out cards for mother in laws funeral to not having a job, went…
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Debt not on my credit file?
Hey all, I'm on clearscore and I see a debt defaulted for £14 - I email the company and ask what it's for, apparently a 02 contract from years ago. While emailing them, they also noted I owe 3 £150 - this is due to some mobile broadband thing I have no memory of, but apparently took out 2.5yrs ago. I always had FiOS in my…
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MH has worsened and bank charges
Hello the past week my MH has got worse. Iv not been taking my meds (pls dont lecture me, coz ive learnt my lesson) and now that I have come to my senses I have found iv got £30 in bank charges from my bank (3 x unpaid transactions). When I am down i dont have the motivation to keep checking my balance n over spend to…
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It's probably been said about a million times
I have debt. Who doesn't? But I have worked out its about 15 thousand all in. I have a car on finance and a personal loan which should both be paid off by next year. Freeing up about 250 a month. I have store cards and catalogues amounting to about 2000 between them. I also have 2 credit cards amounting to 7000 between…
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Advice to a fairly lucky newbie
Hi. First post. Really impressed with some of the stories on here. Ill admit Im pretty fortunate to have a good income and ive cut some of my debts over the years but i need some advice on this bit please. I owe £26k between 2 credit cards and an overdraft (Virgin cc 14k, halifax cc 8k, overdraft 3k). Ive stupidly taken my…
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Second Light bulb moment
Please tell me I am not alone in doing this... 2010 i had debts nearly 150% of my annual salary. I couldn't keep up so went onto a debt management plan. Finished that in December last year with my last default due to drop of my credit file on 31/01/2017. Needless to say that is a big day I am very much looking forward to.…
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DMP and PCP
Hi! My husband and I are on a DMP and have been for a year now. We have a family car on PCP which only has 12 months left on it. We will then be given the option to paying the lump sum (which we obviously can't do), handing it back or taking out a contract for another car. We need a car and with all of our outgoings we…
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Never ending debt pay back
Hello all, I'm new and massively clueless. I've been struggling with debt for years now, I recently got a promotion at work and I'm still in debt. Just looking for someone to talk to for advice if anyone has any as I'm not seeing the end of the tunnel at the moment and have considered taking my own life because of my debts…
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Ross and Robers extra charges
Hello, I have been in here a while but set up a new account because I couldn't remember my login! In 2015 I had a tough time and ran up a large council tax bill. Fastforward to late last year I had a letter from Ross and Roberts stating I now owe them 621 pounds. I set up an agreement with them to pay 103 pounds a month.…
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Trying to clear my debts, don't know how much to budget?
I need a little help with budgeting - I'm SO bad at it! I currently have debts of just under £2K. o2 £221 - paying £50.00pm Capital one £461.92 - paying £35pm Capital one £800.00 - paying £40pm Aqua £273.29 - paying £40pm I am paying more than the minimum amount each month. I'm in a good job with a good wage. I am saving…
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HELP! Letter from American Collection Agency
Hi There, I am after some help on behalf of my wife who was very upset and distressed to find a letter from an American collection agency, AmerAssist for over $7000. The letter itself is a "Balance Verification" letter and specifically says "Unless you notify this office within 30 days after receiving this notice that you…
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Unenforceable agreement
New on here but over the years I have used the information on these boards so thanks for the contributions. Here is the story so far. Defaulted on about 65K credit card debt over 7 accounts in 2009/10. After much research I decided on a self managed debt plan which quite surprisingly was a relatively stress free action by…
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Looking into getting help from a debt collection agency
Hi, I am looking for a collection agency for my business. While browsing, I came across a debt collection company in Syracuse, FIRMS and plan to give them a shot. Before confirming on them, I would like to hear from some of you who have had experience going to a debt collector. Any information such as the usual amount…
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Debt Consolidation Loan
So after been rather stupid for a while I ran up a bill of nearly £15,000, did a budget checker a few weeks ago and found that I was overspending by £47 a month and would take around 10 years to pay everything back along with worries on how to cover the overspend. Anyways checked with banks they were all a no go, wouldn't…
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Please Help - Default Notice Expert anyone ?
I would be really grateful if a Default Notice 'Expert' could kindly offer me any advice here. I have a long standing dispute with a Creditor on my DMP – MBNA/Moorgate. Original creditor MBNA, sold to Moorgate 2012, Default Notice from Moorgate Dec 2013 but binned by them (even though letter to terminate agreement…
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Apex credit mgt offer to clear account
Need some advice or anyone with experience of this APEX have made an offer for me to clear my account with them. It is a 60% discount on the total debt balance which is great but I need to know the following: If I clear my APEX account does this mean I clear the debt? Can APEX sell on the difference (the difference between…
