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Is there a smarter way of me getting out of debt?
I guess the question is, I want to work smarter, not harder :) So here's my current debt issues: Sofa from Sofology since November 2017 Settlement figure as of today: £1045.81 Last payment due: 01/10/2020 Currently paying: £45.47 per month Term: 36 months - 0% APR Loan from Halifax Loan taken out totalling £18,000.…
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Unenforceable Debt
I have two old debts with a lender, one of which has been acknowledged to me as unenforceable, the other is an overdraft so presumably is. Neither are statue barred - last payments were in 2016. A debt collector has written to me on their behalf asking for payment, but has combined the two debts into a single amount under…
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Dealing with moorecroft and DCA
Hi I’m pretty new to this so not sure if I’m posting in right place. This will be a long post. So a bit (long) background I had a credit card with Barclaycard few years ago. Due to my husband being made redundant we fell behind with the payments. The credit card amount was passed onto Hoist finance who then sourced it out…
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Debt Advice - ShopDirect/Littlewoods/Very
Hi All, Looking for some advice and guidance please. I had two accounts littlewoods and very, both had payment protection on them. I run the accounts fine for years and then got into a bad patch financially and couldn't afford to pay them, it didn't help that I was being paid monthly and the statements were 4 weekly.…
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Debt from 2009
Hi, I'm hoping someone can help me... I have an old debt which was orginally a provident loan. The amount owing is £1200 and I was paying a token payment each month, until I switched bank accounts and forgot to update the detials. I have been receiving letters which have now mentioned them taking it to court. I am…
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Financial statement if about to retire?
Hi - am hoping someone can help. I've just made an offer for a full and final settlement for an old mortgage shortfall debt. However, the creditor is now asking for an income and expenditure breakdown before considering their response. I'm about to go into early retirement within the next couple of months (which is the…
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Financial advice urgently needed
Following a recent divorce, I have managed to move on and obtain a shared ownership property, but more importantly I have managed to provide a home to my two boys aged 13 and 9. However, I am struggling to make ends meet each month and this month I find myself in a position where I have literally £11 left in my account and…
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Help with Lowell please
Wondering can anyone help me . Received a letter from lowel solicitors saying notice if county court judgment arreas. It’s from 2009 but defaulted in 2010. They said they received a payment in January 2010 which I do t think is true . Also have bank statement an no payment was made to them or the original debt. It’s not…
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Debt Advice!
So long story short I am a: -University Graduate -New job (first month in position at 1500 a month until April which will then go to 1300, this is something to do with the tax year? But I am on 18k a year) -Spent 2 last summers working at a summer camp in NY which was a big reason of the debt -Used to have terrible money…
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In debt and home owner?
Hi, I've visited these boards many times over the years and had a lot of helpful advice (some of which I have followed). I've been feeling very depressed (yes I've sought help for that - it's a long standing issue for me) since I contacted Stepchange and found out that with their budget advice it would take me 33 years to…
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Howard Cohen Court claim
I don't know if I've posted in right place. I was wondering if you could advise me on how to handle a situation please. I have been contacted with reference to an outstanding debt by Howard Cohen solicitors, their clients Hoist portfolio. I had no information on this debt so was unsure what it was relating to. I had an…
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AEO Fine on pay slip- how do find out who?
Hi, On my pay slip I’ve had £258 deducted for an aeo fine, google has helped kind of explain what this is... but I genuinely have no idea what it’s for. I’ve had no emails or letters. I’ve not had any debts, I actually finally paid off my debts about 5 months ago and haven’t had any issues for a few years now. Just want to…
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Consolidation of AOE's
Hi, My OH has 2 x council tax AEO's against her wages. Both are around £120, meaning £240 is being decucted from her wage. We are heavily in the red each month and cannot make all of our payments. we are trying to down size house since our circumstances changed. Am i right in hearing that we can ask for these 2 orders to…
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Do you struggle with dates of Pay day and direct debits?
Hi, I'm one of the lurkers, but today I have a question. Do many of you have real difficulty tying in an awkward salary payment schedule with due dates on direct debits? I'm wondering if it's just a few of us, or if the system is unfair towards those on low incomes and a change needs to be brought about. For context, until…
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What small DFW things will you do w/c 5th November?
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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average debt statistics?
According to something I just read, the average household unsecured debt in the UK is around £7k. How accurate are these figures? My debt at it's worst was something like £40K, and whilst I am sure that this was way above 'average;, I know lots of people with car loans and HP agreements for way more than £7K Do these stats…
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very.co.uk late payment - late payment marker?
Hi Does anyone have any experience with very.co.uk? Would a payment that was late by 3 days result in a late payment marker. I know that £12 fee will be added. I am only worried about the late payment marker being added. would it need to be later than just a few days for this to happen
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credit card debt
I'm not able to get a 0% balance transfer for the amount of my credit card debt (£6000). I have been looking into turning it into a loan to ensure the balance goes down. However this is proving difficult without paying something like £4000 in interest if spread over 5 years. I can't afford large monthly payments. Am i left…
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Are PRA trying it on?
[FONT="]I heard from PRA at the end of September in which they introduced themselves, saying they’ve recently purchased my debt and noting what the balance still owed is. I replied saying that I didn’t understand as, even though that letter had come from a different address, they’ve had my debt for a long time. I’d…
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Where Do I Start?
Okay so I’m in a !!!! storm of debt brought about by trying to make a business happen that couldn’t get going. Now I have about 4 maxed credit cards and a £3000 loan to pay off. How do I even start to reduce this? Is there a way to put all my credit card debt onto one? I don’t think I can because each one is about £2000.
