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Loan /Money transfer
Hello I have a £10,000 loan with 10.9% interest rate (meaning the total repayable is £11.972.52). I took this loan out when my credit rating was poor. I now have an ‘excellent’ credit rate and I was wondering if there are any ways to make this loan cheaper, I.e using a money transfer card (hopefully with better rates) to…
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Most talk about Dave Ramsey, but what about Rachel Cruze?
Hiya. As most of us may know, there’s a super big Dave Ramsey community, but what about Rachel Cruze his daughter? Just stumbled upon her today, but her stuff seems good too. Just wondered if anyone’s a fan, and finds her stuff useful, and if so in what way?
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Barclaycard & minimum payments
Has anyone else had an email from Barclaycard basically saying that as you've paid just minimum payments for 18 months, if you pay just minimum payments for another 18 months the card would be cancelled & any amount owed would be repayable on demand? Unless I dreamed it I've had one of these but can't find it now. The…
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Demand thousands over what I owe
Hello, looking for some advice. I had a CC debt originally with BOS. I defaulted on this about 4 years ago, moved house and had heard nothing from any debt collection agencies for the last 18 month. Out of no where I received a 'Form of Citation where time to pay direction or time order may be applied for' for a demand to…
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I have lost the will - now on DMP
I am new and my Dmp is due to start beginning Sept the balance is £14000 and it’s over next, very, capital one, Barclays ee and a few other ones that have been taken over by companies. I have gone with stepchange and I’m petrified of bailiffs. I have a very low credit score and EE have already defaulted. I’m happy I did…
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Debt cleared, but forgot to cancel direct debit
Hi everyone, firstly I apologise as I wasn't sure which topic to post this under. As the title says i made a final payment to a debt recovery firm, all good and have received confirmation that the account is now clear. However I have just checked my bank and a realised I had forgotten to cancel direct debit as another…
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Getting partner on board... DMP
Hi all. I am just starting my journey.. I have picked up the phone and made the call to step change.. Initially I completed a budged for myself and I have £134 per month to pay my creditors.. About £18k of debt. My partner pays out little in terms of bills, food, fuels etc just mobile bills and a child's club fee..…
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Is anyone NOT worried about their debts
Hi, Is anyone in a high level of debt ( like me) and not worried about it? I need to do some work on how I am approaching this mentally so I would be keen to know how others avoid feeling stressed. I feel like I have the words 'I am in dent' tattooed to my forehead at the moment!
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Should my brother be receiving more support than this?
Hi, I have posted here many times over the years whilst sorting out my own debts, so I am back asking for some advice regarding my brother. He is 28 years old and about 6 months ago he suffered a serious breakdown. This was partly due to a relationship breakdown, however in hindsight, he had been struggling with his mental…
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Mortgage payment reducion
Hi I have a mortgage with Nationwide that has 5 years left to run. I owe £9000, my regular payments are £274 but can overpay. I want to retire in a year and would like to use my cash to build a reserve for retirement. The question is can i reduce my payments to a minimum amount to enable me to build cash for my retirement.…
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£40k debt, house sale?
Evening all It’s late and I’m knackered, so please forgive lack of detail, but I’d really appreciate your thoughts. I have just over £40k debt, mostly credit card and a small amount on overdraft. This has been the case for many years now and I’ve learnt to live with it, but it’s always on my mind, it’s stopping me doing…
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Coping mentally with a high debt level
Hi, SInce realising the full extent of our debts I am struggling with mental strain of the amount we owe. Our debts are around the 56K mark, with an additional £1500 of BNPL items. I do feel better now that we have a plan, but I can't get the figures out of my head. I am constantly adding up our debts, terrified that I…
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is Debt contention even a thing?
Hey you know when you apply for credit and get declined or pre-accepted and get bombarded with companies ringing you about debt help? My partner had a call a few months back from a company called compareclaims.org.uk where they have solicitors on board and companies bought my debts wrongly meaning they can get me out of…
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Spending tracker/budget/saver app
Hi all! I'm about to move into my first home tomorrow (FTB), and with it I'm finding my £1,580 a month salary won't stretch anywhere near as far as it used to (!) Me and my partner are planning to open a joint account where we deposit £600 a month each for bills etc, and my own personal bills are about £540 a month (car…
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First Direct
Hi I just spoke to the nicest man at First Direct - I have been budgeting strictly this month but unfortunately will go over my account limit by around £65. I spoke to FD to see if they could help me to avoid fees - which I have been paying out around £25 a month on this year due to badly timed payment He was completely…
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Should a CCA agreement be dated and signed?
I wonder if anyone can point me in the right direction. When originally trying to sort my debt situation out in 2013/4 it was suggested that I request CCA’s from those creditors chasing me for payment, and this was the route I took in addressing the debts and as result since when much of which have been sorted in one way…
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The right time to spend on a credit card?
New poster here - sorry if this isn't the correct board, but there are so many! I'm getting married in September 2019 and saving was going great. I was managing to put away a decent chunk each month which saw us set to be in a position to pay off the wedding well in advance of the big day itself, going into married life…
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BPO Emails????
I have recently started to get 4 or 5 emails a day from BPO that usually go straight into my junk folder and dismissed but ive started to take note of them. Basically all the emails are sent to my hotmail but they are addressed to my ex (not divorced) partner my name is not mentioned at all and they are for debts we hadnt…
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Payday loan hell
Hi everyone Stuck in a bit of a rut, currently on maternity leave and due to big drop in income and a poor credit rating I stupidly took out a payday loan and then another one and my OH did the same and now can’t afford to repay them each month. Do I carry on repaying but then falling behind with other outgoings or stop…
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NOSIA Natwest
I have an outstanding debt with Natwest which is being paid off through Zinc financial. Today I received a letter from Natwest stating that they have not full met the requirements because A.They did not send a NOISA or statement when they should have or B.A NOISA or statement contained errors. My question is, are they in…
