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Trying to clear debt without defaulting
Hello all, I am £25k in debt and desperate to break free. I have been suffering with anxiety and suffered 2 big bereavements recently causing me to wake up and take charge. I can afford my minimum payments, but am not making any headway in clearing the debts as all incur interest. I am desperate not to default though. I…
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MMF/Lantern - Court Action threat?
Hello guys. I need some help. I received this email below from lantern. I have received emails from them over the years about this same debt but I do not know which payday loan debt this is in relation to as it doesn't even say. I'm thinking maybe pounds to pocket. I'm pretty sure this is in relation to paydays loans I…
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Tmp, Defaults and Full and Final Settlement advice please.
Hi all I've just joined this forum in the hope that someone can help me with all the confusion I am currently in. I have been reading through these forums for a few days now and I'm not sure what is the best thing to do with my own personal situation. Basically I entered into a Debt Management Plan in February 2014, I have…
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who is liable - payee or company?
Hi So I recently helped a "friend" with some online advertising. He used my bank details to pay for this online advertising (long story). Only now found out that the payments were not being taken out of my bank even though direct debit was supposed to have been set up and debt collectors are now involved. The company…
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What would you do?
I'm looking for advice and just general opinions on what you guys would do if in this situation. Basically we are currently renting a house at the moment but we also have a property which own but we rent out. We are struggling from one month to the next and here we find ourselves just a few days after pay day with very…
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Lightbulb moment. Almost £60k
Lightbulb. I’ve been slowly gathering debt over the last decade plus. Spending on credit cards, transferring to 0% (thinking i’m oh so clever) and starting again. Finally reached breaking point this week. 0% deals all coming to an end and nowhere else to turn. It’s the first time i’ve put down everything I owe on one page…
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MSE News: Victims tricked out of £3.5m a year in loan fee scams
Victims are being scammed out of more than £3.5 million a year by fraudsters tricking them into transferring an upfront fee before they are given a loan, the Financial Conduct Authority is warning...Read the full story: 'Victims tricked out of £3.5m a year in loan fee scams' Click reply below to discuss. If you haven’t…
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Partners DMP
Hi, I have a couple of questions. I work in finance but it is mainly in protection so not something I have had to deal with at work. My partner has a DMP that at this rate will be running for 57 years. We are getting married next year (for legal reasons) and I am sure that I am right in thinking that unless we open a joint…
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token payment plan ending
Hi all Stepchange have been in touch to say that my TPP is coming to an end (nearly a year old), and that I need to contact them as I told them I hoped our circumstances would have changed by now (they haven't), and they need to look at other debt solutions. I assume this means going onto a DMP, but tbh we don't have any…
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Mortgage shortfall option
Hi All 8 years ago I had my home repossessed through nobodys fault but my own I am still being chased for the mortgage shortfall. The mortgage was with Birmingham Midshires, I tried to come to a settlement with their first company shoosmiths but this was unsuccessful, I heard nothing for two years and this has now moved on…
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Credit Repair Question
Hi All, I was after some advice as I'm really confused at the moment. Over the last few years I've been trying to sort my debt out which I'm now finally on top of. However, I have checked my credit file last week, and I have a outstanding account on there for Instant Cash Loans for the amount of £56. It is a payday loan I…
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Debt Help
Im in a pretty big debt. I used a credit card to pay for my rossendales debt but it was far from enough and now im in even more debt. Please help me, does anyone have any tips on what to do?
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PayDay Loan Help
Hi All, My first post here. I dropped out of university in November 2016 due to not being able to afford to live up there with a car, paying for my own phone etc and yet not being able to work more than 16 hours a week without it affecting my studies, once I returned for a short while I was jobless and began taking out…
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How do I get out of my student overdraft debt??
A little introduction, I graduated university last May with a film degree and managed to get myself an entry level job last September in the advertising industry in London, which is great! So I was one of the many students that took out a student 0 % overdraft while at uni and once I left i ended up getting deeper and…
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So near . .
yet so far! I've been in a state of panic for the last few weeks as I was recently 'let go' from my job and have had to start claiming benefits. Today was the day I thought I'd paid my overdraft off but, alas, despite the balance showing +55p I have £92 worth of pending transactions so I'm more than a little bit…
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Lowell asking for payment
Hi all on Saturday i received a letter form lowell asking for payment for a perceived debt that is over 7 years old. i cant even remember if there even was a debt as i was on pay as you go with three who the debt is with. do i pay this? its such an old possible debt that i dont even know if its true or not
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What small DFW things will you do this week - w/c 23rd April?
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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Debt help please
Hi guys I am 32 and have an extremely poor credit history. Until recently I haven't ever given it much thought as I haven't really needed credit nor wanted it. After a quick check with noddle. I have defaulted debts in the range of £5000 spanning over the last 11 years or so. I understand burying my head in the sand for so…
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Tackling historic debt
Hi, First of all thanks for taking the time to read my post, I know its nothing new but any help/advice is much appreciated. I have about £20k of historic debt - mainly accumulated from when I was young and university and stupidly I didn't understand the implications of missing credit card payments etc back then. I have…
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SOA help please
currently have 18 months left at uni, I hope to buy a house in the next 3/4 years so wants to get rid of the student debt ad save for a home. thanks guys Household Information[/b] Number of adults in household........... 1 Number of children in household......... 8 Number of cars owned.................... 0 Monthly Income…
