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£15,000 debt
hi, i'm after some advise on the best way to clear £15000 of debt, over 5 credit cards. i was thinking of a balance transfer card, but the terms don't seem to be long enough for me to afford to pay off the full debt. maybe i could put the whole debt on a transfer card, but just pay half of it off, then get a new card when…
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Advice on clearing multiple Credit cards
edited thanks
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Rock Bottom - £65,000 of personal loan debt. Time for action
First post for some time after being in a similar situation 8 years ago. I unfortunately have reached the point where I feel compelled to post on here seeking urgent advice from those on the forum. I haven’t learned from previous situations. Effectively at a rock bottom moment I would say where there is the stark…
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help needed FOR DEBITS
ok guys I'm at my whit's end with these debits no matter who I speak to the advise is always different and im being asked in some cases to pay money [yes that's ok I.v.a but I haven't got the money] I went along to c.a.b adviser that's hit and miss never gets back to me [1 of millions I guess] I just really want the debits…
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In a mess, need some perspective, SOA
Statement of Affairs and Personal Balance Sheet[/b] Household Information Number of adults in household........... 4 Number of children in household......... 0 Number of cars owned.................... 3 Monthly Income Details Monthly income after tax................ 1625 Partners monthly income after tax....... 900…
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teenager in trouble
My granddaughter has got herself in a lot of debt. She has mental health problems (bipolar we think) which are now being addressed.However it means she has around £4500 of debt at the moment. To top it all she had a major car accident, was off work for 4 months and has a slow recovery meaning she will not be up to her full…
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Pay the settlements or CCA?
What would you do?? I think I've almost made my mind up but another perspective would be useful..... Basically I have settlement offers on 3 debts @ 50%,70%,70% totalling £11500. I've got the money to clear these but can't help but feel like I'd be paying to much. On the other hand the CCA route just seems like a load of…
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N245 Court form query
I have applied for financial assistance for an N245 application. However, I’m confused what I declare as income on the actual court form. On the financial assistance form it says I don’t need to include Carers Allowance, Childs DLA or disability elements from tax credits as income. Does this apply to the N245 form as well?…
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Credit card help!!!!
Hi guys, This is my first time on here so bear with me! Firstly let me just say this website is a boon, I’ve referred to it many times so here’s hoping it can help me again via this forum. My issue is I have 2 credit cards which I owe on and currently just paying off the minimum payments on both . Trouble is, the balances…
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Savings or Debt Clearance
Hi Everyone, Just a quick one :) myself and my partner both have credit cards which we want to clear. One incurring interest, the other at 0%. We started the Penny Savings Challenge in the New Year and currently have around £200. I'm just wondering am I best using the money for the penny savings to pay towards the credit…
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Will a DMP close my accounts?
Hi all. I finally want to be debt free, and I'm trying my best to see what's best for me. My debts are not too big, around £4,000, maybe a little more, but I'm sick a tired of only paying the minimum payment and the balance doesn't change. So, I believe a DMP will be best for me in the long run, however I was wondering if…
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Lowell entered into a monthly plan
Hi all , Having returned to the uk after 6 years having left after a messy divorce I tried to rent a property but failed the credit check I see a company called Lowell has been putting a default on my account every months since 2013 for 2 accounts I have never heard off Lowell or have I every entered into any financial…
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CCA’s sent.
Having had one success at a f&f offer but declines from others we e sent off CCA’s this week. I’ve read the initial 12day response but also that they can take 2yrs 😕. We’re in a dmp paying each month...I don’t want to stop paying but equally don’t want them to ride it out for 2yrs when our debts will almost be paid off…
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CCJ Lowell Portofolio
Hi Everyone, I have a unsatisfied record - CCJ on my credit file. It is 20 odd year old debt from Orange that I don't even remember that was bought by Lowell Portfolio. I want it set aside - I was advised by a solicitor to contact them direct and see if they will consider this for full or partial payment of the debt -. Can…
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Help with life after a DMP
Good afternoon, I am looking for some advice on life after a DMP please. So I was on a DMP, which I paid off in full in 2016. Since then I have been working hard to remain debt free, I do have a couple of credit cards which I are paid off in full each month. I also had to take out a £5000 loan in 2017 to pay for a car as I…
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F&F Offers
Hi all, Just thought I'd post my progress so far with full and final settlement offers.... Halifax/Lowell(managed by Moorcroft) £9096 debt offered 30% , they came back with 90% but haggled and they came down to 64%. That was last sept, today got them down to 50% Barclaycard/Link £6950 owing, again offered 30% and they…
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Getting out of hole
Hi all, What kind of things do you do to help yourself pay off debt? I have an idea, I want to be able to write about my journey through my debt and how I got into it. It was through my now ex-wife who took cards and catalogues out in my name. I have other plans to help myself through this by asking debtors to place my…
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I feel so helpless... any advice would be much appreciated
Hi everyone, thanks for reading my post. I'm in a bit of a mess because I've just realised there's a huge black mark on my credit rating, in the form of 5 late payments end of September 2014 / beginning of 2015. These are all from o2. I've tried getting loans and credit cards over the years and only looked at clearscore,…
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please advice
Hi, I have recieved a letter from reston solicitor's about a debt which was first taken out in 2001 i was paying this debt regular but due to marriage problems and divorce i stopped in a panic i signed securing the loan against the property i was living in i think the last payment was made in october 2013. I do no longer…
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What small DFW things will you do w/c 28th Jan?
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…
