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Debt management plan questions
I’m comsidering a DMP for myself. Here’s my situation. I have around £20k of debt (including a car finance, credit cards, overdrafts and loans) I currently live with parents and hoping to rent my own place soon. Will this be possible with a DMP in place? I have a vehicle on finance, is this likely to be used as an ‘assett’…
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wedding gift.. not enough?
sorry if this is the wrong place to post. my brother is getting married end of next month and they have asked for money towards their honeymoon as a gift. they are having a big wedding 100+ guests. i was going to give them £50 as a present but my budget just wont stretch to that amount next month! we are on a low income…
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Please help - debt advice needed!
I've recently discovered that my husband (OH) has around £6,000 in debts from 9 different sources (mixture of an overdraft, various credit cards and numerous payday loans) which has accumulated over the last few years due to a combination of a hidden gambling addiction and depression. My OH continues to miss payments…
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Payplan IVA
Hi I'm new here and i'm looking for advice. I faced up to fact that at around 50K in debt with credit cards & loans I can't repay these anymore. After looking through a few sites and reading reviews, I spoke with pay plan & have gone through all my monthly outgoings etc & they have suggested an IVA that will last upto 6…
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F+F offers not as easy as hoped.
Hi, I have offered full and finals on my debts which total about £12,000. The debt has not been passed to a dca yet but is now 8 months in arrears so that seems to be the next stage. I have offered 50% on the debts owed but been declined on all. Tesco countered my offer for 80%. I am very keen to clear this as it is taking…
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What a fudgewimple
Hi, I'm relatively new here. I've lurked for a few months as I summed up the courage to post the below. I actually annotated the below and then had an essay which I didn't think would encourage people to read or help. Essentially I got my family into a huge amount of debt and now I need to get us out of it. I have a lease…
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Statute Barred kick in?
When does Statute Barred kick in on a debt? I have a debt which I last made a payment to 6 years ago this month but it didn't default on my credit report until 2013. Does the Statue Barred 6 year limit start from the last payment or from the default date? Only asking as after not hearing much over the last few years,…
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12/18 month DMP?
Hi All I'm looking for some advice. Without boring you all i find myself in a bit of a situation. Firstly i have a good credit history and never missed a payment on anything but myself and my partner have over stretched ourselves recently. The plus side is some of the debt we currently have has been invested into…
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Which debt first?
Hi everyone, Just after a little advice on which debt I should try to clear first, here's my current situation: Personal loan (interest bearing) - Around £6k, payments around £180 p/m Credit card (another 12 months at 0%) - Around £8k, minimum payments of around £80 p/m Interest free loan - Around £3k, payments around £160…
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Lloyds Bank Address for CCA
Hi Does anyone know the correct for sending a CCA request to Lloyds Bank please? I've done lots of searching but am still uncertain. thanks NowInspired
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September onwards
Hi everyone, would we keen to get other peoples thoughts on this. In September our income will increase a fair bit due to my wife returning to full time work, plus my annual increment. I am also continuing to do my additional work at evenings/weekends. My parents are paying me back £130 per month based on some money that I…
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Mortimer Clarke - Cabot CCJ
Hi all, I received a CCJ claim form from Mortimer Clarke, issued from NCCBC regarding a debt being chased from their client Carbot Finance (UK) ltd. I acknowledged the claim within a few days and informed the court that I would be fully defending the claim. I have forwarded my CCA & CPR 18 requests along with further…
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What small DFW things will you do w/c 18th June??
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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Help / Advice for debt that is not mine.
Hi all. I would be extremely grateful for some advice regarding a debt that I know is not mine. I received a letter (dated 03/05/18) from a company called Lowell who was trying to locate someone with the same name as myself but at a different address – an address in Southsea, Hampshire. My first instinct was to contact…
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Why am I experiencing parent guilt?
Good morning, and Happy Father's day to all of my fellow Dad's ( and mum's that do it alone!) For some reason over the past couple of days I have been feeling guilty about the impact our debt situation has on our young son. He will be 8 later this year. I can't help but feel that he must be missing out on stuff as a result…
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Redetermination hearing what happens
I've got a ccj for a halifax credit card i took out years ago. I was only making token payments while on maternity leave with my son and since had my daughter i'm not currently working. I offered them £20 a month which they refused. The court ordered me to pay £342 a month which no way on earth we can pay. The dca has…
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Help with old credit card debt
I am an old age pensioner and on a limited income, have had step change deal with my debts for the last 18 months but it has been very hard and I have resorted to using an old credit card (undisclosed) for emergencies. It is now well over the limit. I do know that I have to inform them very soon as my husband has been…
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Did I just fall for a debt collector's scare tactics?!
Hello there! Yesterday I received quite a serious looking letter from a debt collecting agency called Lowell Portfolio which came with a letter purporting to be from EE (formerly T-Mobile). The letter claimed that I owed EE £100.07 on a phone contract and that the debt had been sold to them. If I didn't respond with…
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Car finance PPI
Can I claim PPI from car finance? If so how do I do it?
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CCA Request - who should provide?
Hi all, some great advice on this forum so thanks for this. A quick question for now though please as I have written to Westcot to ask for a copy of the agreement under CCA section 77/78 and they have written back to say I need to obtain this from the card originator (MINT). Question is why? I have a letter from MINT…
