-
Defaulted on credit card, contacted by Moorcroft, need advice ASAP!
Hi, posting on behalf of my partner, massive thanks in advance for any advice anyone can offer! His hours have been cut recently (hourly paid minimum wage job) and money has been short, I knew he had been struggling to pay his credit card (Santander) but not the full extent, turns out he hasn't paid at all since about…
-
Should I be more worried than I am??
Hi, This is my first post. My wife and I are both 39.we have 2 young children. About 12 months ago we found ourselves much better off due our childcare costs ending, my wife going back to work full time and me getting a promotion. We had also cleared the debts that we had accrued in our twenties of around 30k. We decided…
-
Full And Final Settlement question.
Hi guys. I recently offered a full and final settlement for an account. Today I received a reply that says: I just wanted to double check with you knowledge people that this is ok to proceed with? It's just that they don't mention "full and final settlement" so I'm a bit 😐 Thanks guys.
-
Phoenix Debt Collection & Council Tax
Hi everyone i'm new to the forum and thought this would be the best pace to seek some help!!! In a nut shell I was evicted from a property in 2015 due to rent arrears the reason being is I was a self-employed plasterer at the time I broke my wrist was off work for 10 weeks and when I came back from my injury there was no…
-
CCJ and Defaults
I just wanted to get some advice in regards to my credit file. I have two defaults valued at £660. I am just in the process of organising having these both paid and removed from my file. My real problem is the fact i have a CCJ at just under £5000. This has just over 18 months till this drops off and was from a private…
-
First Plus - unaware of deferred interest
Hi, I wonder whether anyone could offer any advice on a problem we are having with Elderbridge chasing us for deferred interest allegedly charged First Plus? We recently received a letter form Elderbridge advising that they had taken over from First Plus and that there was an outstanding balance of approx. £7K on our…
-
What Exactly is YNAB and is it worth it?
I've been reading through a few Debt Free diaries and one thing that pops up all the time is YNAB. Took me a while to work out it meant You Need A Budget :o I've had a quick search but there's nothing like getting the low-down from people that actually use it day in day out. What exactly is it? Is it free? Is it worth…
-
In a mess with our DMP
Hi everyone, I received a message from StepChange saying I needed to phone them to update my DMP budget. So I did so and said at the start of the call when asked if I had any credit cards or any other credit that wasn't currently part of the DMP. I said I did - it's a Capital One credit card that I took out last year to…
-
Help needed ASAP
Haven't been on here for a while but now need some advice please. I've had a threat of court action from Moriarty Law, chasing a debt owed to Motor Mile Finance. Trouble is, I've checked my Experian and my Equifax reports and can't see anything owed to them, or anything I owe for roughly the right amount even. I think it…
-
how long to wait?
Hi Guys, as a newbie, just wanted some more advice off you very knowledgeable and helpful people, I have decided to take the plunge with a DMP, using stepchange, I have used their debt remedy tool, have my plan and application pack here, they want £1315 a month off me and say the debts will be cleared after 20 months, I…
-
What small DFW things will you do this week? w/c 20/02
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…
-
£30k salary down to £13.7k
So in July last year my salary dropped from around around £30k to £13,750. I've got debts which include an overdraft of £1200-£1500 per month, a credit card with a balance of £3890 and a loan with a balance of £8600, all unfortunately from when I earned more. I pay off the credit card at a rate of £70 a month and the loan…
-
Old CCJ
I have a CCJ that I have been paying off for about 10 years by an attachment of earnings. I'll be up front about it, I did it deliberately. I don't need credit and I already had bank accounts and a credit card. The attachment of earnings is a bit of a misnomer as I'm retired so it's an attachment of pension. The reason is…
-
CCJs Payments
Hello - I have two CCJs from a time I was severely depressed after traumatic events which my creditor didn't take on board nor had I the knowledge or will to fight them for reprieve. Then the CCJs which I admitted to owing. I have been paying the agreed monthly payment which is all I can afford, however, the solicitor who…
-
Capquest/sheriff officers
I've never been on a forum before so i apologize before I begin Hope someone can give me advice please .....Capquest has been chasing me for awhile and I never acknowledged they're letters/phone calls. Yesterday morning I opened the door to someone telling me he was a sheriff officer and he was there on behalf of Capquest…
-
Hiding debts from partner - How can I tell them
Hi all, I currently have a debt of around £4500 on a 0% credit card. I had a lot higher debt that I accumulated during uni (my loan didn't cover my rent so I relied on credit cards and overdrafts. Eventually i had to also pay off my £2k overdraft with a credit card and the interest had piled up and piled up) My partner…
-
checklist for a newbie
Hi everyone, I`ve found myself drowning in a sea of debt, I have spent sometime reading the posts on here which offer some hope and since that, I`ve used the stepchange debt remedy tool, done a budget and am ready for the next step, I have approx 13 separate debts for cc`s and payday loans totalling 28 k, step change says…
-
How to avoid bailiffs taking parents possessions
Hi, I am currently living with my parents & I have debts. I'm worried that bailiffs will come to their house & take their possessions (they will not be able to prove ownership of anything). Can we simply tell the Bailiffs that I don't live there anymore or should I move out? I'm not linked to the address by the electoral…
-
Freezing Credit Card interest whilst a student
Hi all, So I have a relatively large debt with Santander Credit Cards I was paying off relatively well whilst working, however, I have gone back to university and do not have the same funds as I used to. It's only a year course, but has anyone been in a similar situation and been fortunate enough to have their credit card…
-
Debt and renting a Shop
I am self employed and have about £32K debt now! (scary!!) I am planning to rent a shop that is on £20K rent p.a, my family is going to lend cash me with few months rents, cost for fitting the shop and some stock, I am a online seller and have about £18K worth stock, apart from the debt I have a joint mortgage on the house…
