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Finally getting somewhere!
After starting with around £20k debt I am finally into single figures! :j Still a bit to go but this feels pretty good :) This is not a gloating post, I just want to say that progress is being made by all of us and hard work will reward you in the end so keep going! ;)
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Loan or credit card???
Hello all My first time on forum Apologises if this has been brought up before? I'm looking to possibly borrow approx £10k, to purchase my daughters first car and clear a couple of debts My question is...is it better to apply for a credit card 0% etc and balance transfer etc end of term to new card etc!! Or Or apply for a…
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Court Claim Advice Please!
Hi, this morning I recieved a letter from a county court in Northampton. It was about a debt I apparently have with Express Gifts/Cabot Financial I have no idea what to do now, and I have been looking on the internet all morning at sites and to be honest I am now even more confused as to what to do. I then remembered this…
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Mortgage additional borrowing debt
Hi all haven't posted in a while but still in the same old position £32000 of unsecured credit card debt that refuses to go down and having to put a few quid in my bank at the end of every month so i don't get charged.So fed up living like this. Point of my post is i went into the bank today and asked to speak to the…
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DMP starting go live date question
Quick question Can you start your DMP say two months after you submit paperwork and in interim send a postal order token payment to each creditor Just thinking how having an emergency saving fund is fundamental when the credit card option is gone?
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Best/quickest way to debt free
Hello, i was wondering if anyone had any good suggestions as to how to pay off my debt quicker/with less interest. What i have is as follows:- £2450 - RBS Credit Card £900 - Capital One CC £1500 - BMI healthcare card (put a £5k operation on there) I'm currently paying £60 per month to RBS £50 to capital one and £100 a…
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RBS Recoveries
Hi Everyone Apologies if this has been posted in the wrong Sub-Category. RBS have recently closed my account citing business reasons. I'm over £1000 over my overdraft limit which is £1000 so I owe RBS pretty much £2000. The reason for this is a had what I thought two genuine claims for Direct Debit refunds from a company…
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Payday Loans Irresponsible Lending
I'm working hard to repair my credit rating after falling into debt about a year ago. I was taking out payday loans to pay back payday loans and just to basically "live". I have read a few things about claiming back interest and filing complaints against payday lenders for irresponsible lending. How successful is this and…
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Any thoughts?
This is a bit drawn out but please read it all as I need some response to what you think. i have taken advice from payplan and finally managed to agree to an amount to pay monthly to the Sheriffs office. I have paid first instalment then got in touch with solicitor as the fees were £4,000 . I had a knock on the door to hnd…
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C.c.a letter
Hi have a question for you wonderful people.... requested a cca from robinson way,they sent a reply back saying they would find it and account is on hold pending receipt of the documentation and will contact me in due course..now it been over 12 working days since i received the letter..so question is what do i do…
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Will creditors try to reclaim debt from our pension lump sums?
We have been making £1 per month token payments to most of our creditors since 2009/10. None of them are actively chasing the full balance and the £1 just gets paid every month. We're both 56 now and as we head towards retirement age, we have concerns about the lump sums payable from our works pensions. We still owe over…
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DMP....Nervous
Ok so CPA letters sent to payday loan companies - backing this up with an email tonight. CPA cancellation letters sent to bank Just waiting on my new account to be opened and then will be moving wages over and setting up the DD for priority debts Info will be then sent to step change as per pack and requirements. I was…
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Where to start with old debts and CCJ
I've finally pushed the panic aside and started to tackle my debts today. I've buried my head in the sand a little with them and simply ignored them for a while as when I was in hospital last year they were the furthest thing from my mind. I've logged onto Noddle and found the following debts: Advantage Finance: CCJ of…
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3rd time lucky??!!!!
This is the 3rd time I have tried to clear our debt!! This time I really have the Hubby on side so i'm hoping this time working together we can really get rid of it all!! We have done a snowball calculator and I think thats really helped to see that there can be a end date to it all!! Ive also done the SOA calculator but i…
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Old CCJ
Hi All a bit of advice please, so i got a letter through the door yesterday from a debt agency, requesting i pay 2k for a CCJ i got around 12 years ago, TBH completly forgot i even got this. Ive never responded by phone or received any letters as i moved not long after the CCJ. So my question is, do i still have to pay…
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DMP, IVA or is there another alternative
I've just joined and wanted to get some experienced opinions on my debt. I've been trying to dig my way out for well over 10 years - the last 5 years have been particularly tough with my OH having redundacy/mental health/gambling issues. Essentially here is my SOA, my OH has been advised to go down IVA route and his credit…
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Old Defaults - Advice
I'm looking for some advice in relation to some defaults on my file. Several years ago I ran into financial difficulties as the company I worked for ran into difficulty and I suddenly stopped receiving my salary. I was senior within this company so stayed on for quite some time after this but as a result commitments I had…
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Stuck paying minimum amounts
Can anyone give me some advice please? Paying minimum amounts on all my debt and getting no where. My credit score isn't great so I can't consolidate with a loan. I have a barclaycard platinum with an £11,000 limit (currently using £3,400) so I'm considering paying my very and next account off with that and then paying…
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Should I be worrying or is this part of it?
Hi all not been on for a while as on top of the debt worry my mum has cancer and we've been dealing with that operations, travelling and million Hospital appointments! plus caring for her and my dad! :( so been very stressed. Ive been on DMP with stepchange for over year now (not getting anywhere with the debts as no one…
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Creditors template letter ... Struggling payment
Does anyone have a creditors template letter to send when struggling to make payments I am entering a DMP however am waiting for basic bank account to be set up before sending documents Obviously payments are due now and I want to send a template letter to creditors (credit cards) informing I am seeking assistance and am…
