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Intrum Debt purchase company
Hello, everyone, I had a debt with a Tesco Credit Card that was defaulted in 2011. This debt was bought by Intrum early this year & they sent me a letter telling me that they were reopening this debt on my credit file. I submitted a request for credit agreement under sec 78 of the CCA, after about 2 months I received an…
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Saving an emergency fund prior to commencement of a DMP
Hi all, I have received advice from StepChange regarding my unsecured debt (circa £60k) and have been advised a DMP is the way to go. StepChange are keen for this to start ASAP, I am keen to start as week although I am conscious I will no longer have access to crest and therefore feel I need a substantial Emergency Fund. I…
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My debt has ballooned...
My debt is now £7800 instead of £4000 as it was at the start of the year :( However, I have started a new job and I'm determined to cut this down substantially before christmas and i hope you can help me on the way :beer: My debts are as follows: CREDIT CARDS Amazon £1900 HSBC credit card £2500 LOANS HSBC personal loan…
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BW Legal
Hi, this is is my first post so I hope I’m in the correct place, yesterday I received a letter for a pay day loan I got over 6 years ago from BW Legal, on behalf of money shop at the time I was in a bad place financially and got made redundant, to be honest I forgot all about this loan and I’m sure it was for less that 150…
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Statute barred debt
Hi guys and gals Just been flicking through my junk mail folder of an old email address. And come across an email from a company I'm sure many have heard of PRA Anyway the email is in regards to a debt I had many many years ago, forgot about it to be honest, but I'm pretty sure it is well over 6 years since I last made a…
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Spreadsheet ideas?
Hi all, I've noticed some people mention that they update a spreadsheet daily and I just wondered if there was a template out there, or what people's preferred way of doing it is? Every time I think about sitting down and doing one, it gives me a headache, which is weird because usually I love a spreadsheet! I'm pretty OK…
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Understanding Erudio and arrears
Hello Can anyone help me with this post I put on another forum about Erudio? Over the years I have got myself in various pickles with debts and not taking control of my finances. I also had the mortgage styles student loans (didn’t know this until Erudio told me) but I just thought they would take money out of my account…
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BW Legal letter- help
Hi, this is is my first post so I hope I’m in the correct place, yesterday I received a letter for a pay day loan I got over 6 years ago from BW Legal, on behalf of money shop at the time I was in a bad place financially and got made redundant, to be honest I forgot all about this loan and I’m sure it was for less that 150…
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Advice Please
Hello everyone :) Longtime lurker first time posting . I’m hoping for some advice on clearing my current debts over the next year in preparation of applying for a mortgage. At present I have two credit cards; 1), Capital One - £1300 / £1500 - 30% 2), Aqua - £1800 / £3400 - 30% So I have a total of £3100 of debt to pay off…
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Irresponsible lending: Offer
Hi, I was offered the below from an irresponsible lending claim but I'm struggling to understand what I can actually expect to get. Does anyone with experience know what all there terms mean, including waiver etc Total Owed to you £ 2520.01● Total Waiver Amount: £ 1417.11 ● Total Refund Amount £ 1102.9● Total Outstanding…
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Admitting there is a problem
Hi guys I'm in £18000 ish debt to four credit cards and a loan. All the cards were on o% to start with. Now they are about to change over to the high rate. Even paying the minimum amounts is becoming a struggle. I'm committed to becoming debt free how ever long it takes. I hope you guys can give me some advice.
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British Gas and Moorcroft hell after Ombudsman
Hello everyone. Following a divorce around 10 years go, I was left with some bad debt and several defaults. Since then i have worked to clear as many as possible and all my defaults today have dropped off. I actually have 'good credit' again. Unfortunately British Gas have put a spanner in the works. They supplied my…
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money/budget app recommendations
Looking for recommendations for app that will track spending put it in categories & show it in a graph/chart Ideally one that doesn't require me to link a bank account & also one that will allow me to input my expenses as I mainly work cash, so one that will only draw data from my account activity isnt going to cut it! A…
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Which Debt Should I Pay Off First
Hi all I've ran up around £26,000 worth of personal debt across three credit cards and an unsecured personal loan. I'm currently paying off a little more than the minimum payments, but this is going to take forever and a day to pay off. I've been fortunate enough to come into £10,000 and all of it is going to be used to…
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SOA and Tax credit overpayment
I've just received our tax credit renewal stating we need to repay nearly £900 immediately. We are no longer eligible so it can't come off future repayments. I did update our income back in the autumn and they reduce payments but by not enough. They stopped completely in April and now they want their money back. I'm going…
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Boyfriend's debt
Just to be clear, this is definitely not a should we break up post, me and my other half are definitely a team, just after some pointers on how best to deal with our situation! I've been in a relationship for almost two and a half years, my partner has grumbled a couple of times about how he keeps spending more than he…
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Consolidation loan top up
Hi, About a year ago I took out a consolidation loan on my unsecured debts (£11000) which reduced my monthly debt payments quite drastically. However, this past year has been tough and I've slipped into a similar situation. I am married and have a 1 year old son. My husband and I have our own debt (he has a similar debt…
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Full and final offers on up to date debts
Hi everyone. As title says I’ve had debts on two credit cards and an unsecured loan for a few years. Both credit cards have been at or just under their limit for the past two years, and although no payments have been missed, they are both on high interest accounts, and the probability of me paying them off are bleak. I may…
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Creations Finance
Hi I have an agreement with Creations Finance, it is currently on freeze for 6 months. However my credit report is showing as payments made on time (I’ve not paid for 3 months). Does this mean they are not going to default me? Are Creations known for this? I thought I was better off if they default me? TIA Frugaller
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F&f
Hi, I recently agreed to a full and final settlement with SafetyNet Credit. Please could you tell me if this is enough information they have sent before I make payment? To ensure once the settlement is paid, I will no longer be liable. Just want advice before I make the payment. “At the time of this email your outstanding…