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Realisation and what to do?
Hi, I will try and keep this as short as possible, but it may become quite long so I apologise in advance. Basically my debt had spiralled out of control to around £20,000. I used to suffer from severe anxiety and borderline depression and the more depressed or anxious I got the more i spent and spent. This spending gave…
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Debt Managers LTD
Hi all, I have a DMP, self managed and going really well. Out the blue I had a letter from debt managers ltd about an old next debt. I do acknowledge the debt and it is not statute barred. I must of overlooked it when moving as it is from around 3 years ago. I replied to Debt Managers LTD with a SOA and a payment offer so…
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Cabot and Marlin
Hi all Hoping for some advice CC debt with HSBC approx £6500, originally defaulted in 2012, they sold the debt to Marlin. Marlin chased me and in 2014 they made an error and sent out a letter offering settlement for £1500 ( they meant discount of £1500). I instantly paid this and emailed to accept their offer. They of…
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Dmp/ppi problem
What's this? BABYMIMI1981 View public profile Send private message Find more posts View all thanked posts Ppi confusion Evening all Am New to this page but need some advice. Its hard to explain nso bear with me lol. Started my ppi claim over a year ago with the claims guys. Since then i have received some generous amounts.…
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High cost of credit
This thread got me wondering https://forums.moneysavingexpert.com/discussion/5894274/jacamo-close-or-not How many more of the N Brown group companies, such as Jacamo JD Williams Figleaves High and Mighty and the rest will increase the interest to something like that reported in the above thread - 69.9%? Also, how many will…
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Which debt to get rid and how much do I need to Pay
Hi, I have two credit cards that I want to pay off asap Cooperative Bank - £7400 at 9.9% Apr MBNA - £9022.77 Which £1079.83 is set at 25.9% Apr and £7942.94 is set at 0% till 14th February 2020 Which one should I tackle first? Or should I see if I could get another balance transfer to another card etc.. Thanks
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Quick one. Happy!!
Just had a letter through from Lowell offering 90% discount on 800 debt. It’s only a small debt of mine but it’s better than nothing. Have accepted over 3 months. Lady on phone was really nice and as I have a fair few debts with Lowell once this is paid, she will see what they can do in regards to other debts in a similar…
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In crisis don't know what to do.
Hi I am in a crisis and don't k ow what to do I am £750 in my overdraft and my part we is in a similar state. We cannot afford bills, credit card.payments, food for us or the dogs. I am in between pay from my old job and new job. I get paid tomorrow but it won't even cover my overdraft and then I should hopefully get paid…
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paying off a very account
I'm looking at my finances again and have been doing research on balance transfer cards. HOWEVER.... the credit I want shifting is on my online Very account. I'm wondering if there's any options for transferring this sort of balance?! I've well and truly fallen into the "buy now pay later" trap, as well as their "take 3"…
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Help... I'm back to square one!
I'm not new at debt. I've been bankrupt twice due to debts and I did a DRO in 2015. For the last few years I've been working on building up my credit rating using credit cards but paying them off in full. Over time the credit limits have been increased. I have long standing mental health issues and I am currently…
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Halifax account sent to collectors
Hello, I’ve just joined. Bit nervous about posting but I’m dealing with my debt now. I’ve had a bank account with the Halifax since about 2007, I did get into financial difficulties a few years ago and asked for help to pay off my overdraft and made nominal payments to get the balance cleared but didn’t manage it. Things…
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Income related esa and deprivation of capital
Hi, I'd really appreciate any help and advice please... I am currently in receipt of income related ESA. My husband and I are separated and he moved out 2 years ago. We are in the process of selling the FMH (former matrimonial home). I am looking to buy a smaller, more affordable property, closer to family for support. My…
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Credit Card debt
4 CC's Nationwide £4300 - Limit £4500 Barclaycard £9800 - Limit £10k Tesco £1200 Limit £1750 MBNA - £2900 Limit £3300 0% interest til June 2019 Making payments but minimum and sometimes just a bit more. All cards except MBNA i am paying interest on. I am sure to come across £1000 next month. Best place to put this? And…
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Would you work 7 days a week to pay off debt?
Hypothetical question - would you work 7 full days (more than one employer) if it brought in another 6 to 8k after tax which you could use to pay off a huge amount of debt. or would the exhaustion, lack of social time, family time not be worth it. 7 days office related jobs.
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Re-Adding Defaults
Hi All Long story short, I got into some difficulty 10 years ago and entered a DMP, my credit card was defaulted and this default dropped off after 6 years. I continued to pay the debt until earlier this year when i submitted a CCA and it was confirmed the debt was unenforceable. My questions are: *Can IDEM (who hold the…
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Using LISA to pay off debt
Morning all, I've recently applied for a share to buy property, and I have £3000 of debt on a 0% credit card. I have enough in my LISA to wipe this completely. I am being gifted other money by family. My question is, should I use the LISA to pay down the debt now before I start doing applications? I won't have access to my…
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Lowell Liars
Hi there :) So I got a letter from Lowell Solicitors about a debt from HBOS (Halifax credit card that I stopped paying back in about 2003) Saying a CCJ had been entered against me in 2015 and I had been ordered to pay £50/week. Now I think they are lying because this debt would have become statute barred in about 2009,…
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A Payment A Day Keeps The Frustration Away
To explain, I am really frustrated at how slow this debt free journey is. My head is finally in the zone, I have a budget, and numerous piggy bank accounts. I have paid off a couple of smaller debts in the hope that it would give me momentum (which is has), but I am seriously annoyed that I'm not seeing much progress. I am…
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Lowell - Payment Due - Potential Statute Barred
Hi all, Today I received a letter from Lowell, it is regarding a Vodafone debt from 2010. They have written to me with one of their 'payment due' letters which simply says that as 'new' owners of this account, they wrote to me previously. And that they are contacting me to agree how to repay. By this I think they mean they…
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Complaining to Payday loan companies
Hi all. I think this is possibly my second post on this site, as I mainly read other people's stories and comments but fail to actually do anything about my own debt situation myself. Massive apologies in advance as this is going to be a long winded bit of writing but I want to put as much info on my current situation as…
