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Help needed with my debt situation
Hey, I have a debt of around £8000 owed to 4 different creditors. One is with barclays (overdraft, credit card), the other 3 are with credit cards. Unfortunately some devastation family events are forcing me to go back home (EU) and leave the UK. I am going to be jobless and of course I don't think there are any prospects…
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What small DFW things will you do this week? w/c 06/02
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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Reclaiming bank charges?
I know this may have been done to death, but I'm quite confused over whether or not I can actually reclaim them. I had a fancy current account with a £200 OD facility with Halifax when I was 18, fast forward about 3 months and I'd wasted the £200 and then the bank charges started coming in. Stopped using the account pretty…
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Newbie with SOA Questions
Hi everyone, I've just joined the forums but have been reading and subscribed to Martin's newletter for years. I've decided that this year,I would like to get my finances in control. My New Years resolution was no unnecessary spending which is going well and to clear my debts. As of today,I've paid £1651 so far since…
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New DMP
I've recently taken out a DMP with my husband and we have made our first payment. However, as I am going to be 55 soon, I realised that I may be able to access my pension early and sent off for the details. I have been given the figures and they are more than I thought. This will obviously affect my DMP as I will be able…
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Taken the plunge ....
First post First time ever signed onto a forum Taken the plunge today with step change. Completed my debt tool and reccomended a DMP Am absolutely in a hole. So bad. £100k in debt. No clue what to do. Earn pretty well. Have no desire to not pay it back just want to feel free and feel DMP should help. Understand long road…
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To Loan or not to Loan
Posted this on the Loans board but was directed to come here. Hello all, I am coming here for advice on what loans/options I could take. A little bit about myself - I am recently fully self-employed musician and music teacher and I own (no mortgage) a flat, which brings me rental income. My income per month, on average, is…
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If you are debt free now....what have you kept for emergencies?
Hi, I was wondering what's best to keep open for emergencies and what does everyone else have? Have you closed down all cards? Have you kept an overdraft? Lastly, if you had a credit card at 0% left for 9 months but you have a £2k in savings, would you just clear it and be totally debt free based on current rubbish…
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Debt Consolidation
Hi all Around a year ago my wife lost her job my wages cover the bills but leave us a little short food wise so we have lived off our credit cards. I have used it for the cars mot and other bits and pieces. Fast forward to today and now I'm struggling to makes the minimum payments I have thought of doing a balance transfer…
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Help please! Overpayments and vanishing debt
I've been paying a dmp with Stepchange for a few years. I have to admit to not regularly checking up on my debts, the money just goes out ... Realising I should check up on it I have looked at my Noddle report and I'm a little confused. One that I believe I'm still paying says balance is 0. All others bar one have just…
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Advice!
Hi first time I've been on here, been in denial a while Have added my unsecured debts and I owe around 40k It is keeping me awake and most days I am in tears I literally have no idea what to do this is the result of 9 years using credit for living on while I worked part time and studied. I can't add to the mortgage as we…
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Some advice on overdraft problem
Hi guys, Wondering if anyone had any advice. I needed a car for work and couldnt get the loan i needed to finance it. I managed to a 5k loan however and stupidly funded the rest of the car by maxing out my iverdraft of 5k as i was expecting some cash injection from the aale of a house i part inherited. However you guessed…
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Which path to financial responsibility?
Hello! I'm looking for some advice on how to pay down my debt and whether to save more or not. Over the last three years, I've amassed around £15k credit card debt. I did a bit of jiggling earlier in the year and £9k is on a 0% card while the rest is on an American Express card (super expensive). I have a collective credit…
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Wescot partial settlement offer.
I recently wrote to Wescot, offering them a certain amount, and asking for full and final settlement. They have replied, asking for an SOA, and what offers I am making to other defaults that I owe. So I'm filling all that out, ready to return. However, they have said their client (Halifax bank) only accepts settlements…
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Partial settlement offers on restrictions
Can anyone advise what to do next....I have 2 restrictions registered against my house. I'm just remortgaging it in order to buy out my ex. I have made offers to the companies who hold the restrictions A have said yes (about a 30% reduction) B have said they will think about it and get back to me in 10 days. If I pay the…
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Help with 9k debt please.
Hi I am a 46 year old lady , I am a carer for my 20 year old disabled daughter . I am married and have a sixteen year old son too . In 2013 after my previous husband left me penniless I did a debt relief order . In 2015 I met my current husband and we became a couple, in December 2015 I was seriously ill and lost my job ,…
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I have no idea what to do
I have no idea what to do. I have a very very bad gambling problem. I can't stop. I am literally completely broke until the end of the month and I've paid nothing. I have large arrears on rent with a suspended court order. I think I'm going to be kicked out. I have arrears on pretty much all utitlities including council…
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Am I doing the right thing..??
Hi All, I am new to this forum (and new to my DMP) but Stepchange advised me about it and said it was very helpful, so I am posting for the first time. My debt currently stands at £32K (ouch!) and I am at the beginning of a DMP with Stepchange and my debt free date is currently September 2019. However, I hope to be able to…
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Jacobs bailiffs
Hi there I am having problems with Jacobs bailiffs over a none payment of council tax. This has been going on for some time now, last year my house mate had her half of the original debt added to her iva but even though an agreement has been made to cover that half of the debt Jacobs are insistant that the whole of the…
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Is this debt staute barred?
At the end of August last year I recieved a court claim for a credit card from a dca. I had no records of the card at home so I defended the claim and requested the relevant information from the dca and their solicitors. In the meantime they requested an extension to find the information and the court referred the case for…
