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Trust Deed which company do you recommend?
Hi Just wondering if anyone has taken out a trust deed and which company they used to do it? Im really unsure if its the best option for me but its the top recommendation when using the stepchange debt calculator but just wanted to know if anyone has went through the process and which company they used to do it? Are there…
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Demand for payment whilst on DMP ?
Hi I am on a DMP with Stepchange, all payments made on time. I have received a letter from HSBC regarding my overdraft which is part of the DMP saying that the payments aren't enough to repay the debt in a reasonable time and if I do not repay in full by a 29 Jan they will pass it to there Repayment Services Team. The…
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Trying to get myself debt free - consolidating debt?
Hi, I'm new here! Bit of background info: I'm 29, I am back living with my parents. I don't have a "proper job" at the moment. I am doing freelance work while I finish off my Masters dissertation which is due in at the beginning of February. I am looking to get a full time job once that is done. I got myself in a lot of…
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Help!
First of all sorry if this is not the right place to post but I am new on here and just looking for some advice. This morning I went into my bank and was hoping for either a credit card or a loan to consolidate my existing debts. My bank advised me for a loan. End result was I got declined. I have numerous credit reference…
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20 Years Old With £12500 Of Debt
Now then guys thought id post in here to share my journey of trying to clear my debt. The debt consists of a mixture of credit cards the highest being £3800, A car loan at £4000 remaining, A overdraft at £2300 and a store card at £1300 I plan to use the snowball method too clear my debt and start with the one with the…
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Help please
Hello, I’m posting here as a last ditch attempt to get my head straight. I’ve been in debt since I can remember; offering 18 year olds credit cards with automatically increasing limits should be illegal 😬 Anyway I am 26 now, I have an ok job and earn £23,500. I live & work in a city which is 300miles away from home. I am…
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Sunny defaulted account
Hi, In 2015 I took 2 loans with Sunny. Unfortunately in 2016 due to unexpected change of circumstances both accounts defaulted. Since then I have been able to start repayment plan and then accepted sunnys offer of settlement. After couple of months one of the loans disappeared from my credit report (with noodle) however…
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Negotiating with Creditors for my Elderly Mother
Hello all, I hope you can help. It's a long time since I posted here (thankfully I'm just a year away from being debt free) but I need some advice about dealing with my 79 year old mother's finances. I knew she had some credit card debt but not the extent of it and the worry it's causing her. She has a modest pension,…
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Pay off my overdraft
Hi, I am currently a single mum and I have got myself in a bit of trouble with my overdraft. I have a £3000 limit and I have hit this, my wages go in every month and just pay my overdraft, I don't earn enough to cover it so I am in the red straight away. I am doing everything I can to reduce my outgoings but finding it…
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It is about to drop off
Hi guys, Just looking for a little advice on the best course of action. I have a fair few "minor" debts nothing substantial, nothing secured etc I have checked my credit report using a free trial on checkmy file I think it was and some of these it says will stop being reported in the early part of this year. I am wanting…
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Being chased 8 years after full and final debt settlement
Hello, I received a letter from Ruthbridges which gave me a shock as I thought I'd sorted out my debts years ago! Please can someone advise. About 9 or 10 years ago I had a Debt Management plan arranged through Lawrence Charlton for several outstanding credit cards. Then 8 years ago, through Lawrence Charlton, an…
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Death and Debt
Please help! I'm in a lot of debt, about 48K. Husband is unaware of the full extent of it. I'm managing the payments and as I'm in a a reasonably well paid job and about to get a raise next month. I'm still wanting to tackle this myself rather than go through any debt management programme. The problem is I'm not in great…
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Young, With Debt, Need Help!
Hi Forum, First post, not sure if this is right? Anyways, I'm 25, but I'm already in £4839 of credit card/store card debt which I'm dying to get rid off! I have a Lloyds Bank Credit Card - £3652 I have a Very account - £245 Capital One - £310 Vanquis - £632 I am struggling to find a balance transfer for the any of them as…
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Lowell and E.ON both claiming debt owed?
This is a curious case. * 6 months ago, I received a letter from Lowell Portfolio Ltd along with an attached letter from EON stating that EON had sold my account, along with an outstanding balance. Lowell now "owns" the debt of ~£170. * I didn't feel safe contacting Lowell, so I contacted E.ON, disputing the debt, which…
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What small DFW things will you do w/c 14th January 2019?
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 Please - Want to be Debt Free
Hi Everyone, I am just after some help and support as my wife and I are in dire straights and owe the best part of £20,000 on credit cards and overdraft. I suppose it's better late than never but we have had an honest conversation tonight and we both agree we need to start tackling this. We both work and take home just…
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Non-priority debts and budget summary
My husband and I are currently drawing up a budget summary to send to creditors due to spiraling debt . We have 2 non-priority debts which we're not sure whether we should be making priority debts? Our mortgage / gas / electric / council tax payments are up-to-date. We have good salaries but have been living on credit and…
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Wescot
Hi everyone Sorry to hijack this thread, but i;m new here and can;t figure out how to start a new one of my own. For quite a few years now { over 7yrs } I;ve been paying £25 a month to westcot to pay off a Lloyds Tsb loan. I;ve never missed a payment in this time, but recently they;ve been pestering me with letters asking…
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Halifax and Egg full and final settlement. Help needed
I’m new to this forum and looking for advice on two debts that I’ve had for over 10 years. They were initially on credit cards with Egg and Halifax, I paid them every month without fail. Due to a disability I could no longer work and in 2008 I lost my job. When I couldn’t pay the cards anymore, I informed each company and…
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Debt collection eBay fees - help
eBay have sold a debt to a collection agency. I have never been in this position before - I’ve had the odd parking fine, even with stupid private ones I’ve just paid! However, I will not pay this as I don’t believe I owe anything. I appreciate we could have a big discussion around the circumstance but it relates to eBay…
