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IVA with high number of phone contracts
Hi all, Right now I've got £1686/mo outgoing on an income of about £1265/mo take home. It's the result of stupidly taking out credit after I left university and then getting into the classic spiral of taking out additional credit to pay other monthly outgoings. I've ran through the StepChange process which have suggested…
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Remortgage, Loan or leave it as it is !
I wont go into why the credit cards..( other than some rat I went into business with took all my money ! ).. 1. Mortgage remaining : £55,205 Remaining full term : 3 years 10 months Monthly payment : £1,300 Interest rate : 4.24% Value of Property - lowest estimate £450,000 2. Credit Card Debts Total Approx £30k various %…
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Do student loans count as debt?
Hi, I'm new here so apologies if this has already been discussed or whatnot. My student loans are around £15k (plan 1). Apart from that I have virtually no debt at all. I'm paying the loans back but my mandatory contributions have never done much more than pay off the interest - at this rate it would take hundreds of…
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Creditfix
Hi, Does anyone know anything about this company/had dealings with them? I was sitting next to my partner yesterday and a number popped up on a text on her phone saying to contact them urgently - I didn't let on but I have since searched the number and it relates to Creditfix. I'm wondering if this is a company that…
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Information much appreciated
Hi everyone, So I'm not actually here for myself, rather I'm trying to support someone close to me with a lot of debt they're going through and I'm just looking for a bit of advice/clarification around some bits I don't fully understand, and to be honest I don't really feel that they understand either. So this person has…
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Similar thing welcome finance
I have recently been contacted by a company saying they are now responsible for my motor loan with welcome finance and that I should start paying them. £12800 When the said car was signed for I was married (20 years and together 27 years total ) and stupidly enough thought that things would be paid properly and we’d be…
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"IVA" cold-calls - what can be done?
I'm sure I'm not alone here... your phone is ringing, it's from a number you do not recognise... you pick it up and the person introduces themselves as "Mike" or "Kevin" (or some other typically 'British' sounding name) but in a heavy foreign accent. They then claim to be able to write-off up to 70% of your debt... What…
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Lowells HELP!!!
Hi, I hope someone can advise me. Im not even sure if i'm doing this right and as this is my first post its a case of fingers crossed. Lowells have been sendimng me letters about a debt (£269.93) that I apparently owe to Littlewoods. They sent me court papers and I followed advise given to others on this forum and applied…
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Barclaycard written off debt!
Just had a letter from Barclaycard saying they are giving me £75 inconvenience payment for poor service and writing off my whole balance as partially settled. £6200! And they go on to say as its over 6 years old it wont reflect on my credit file. Been intouch with SC who we have a DMP with and they say theyve had loads…
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Need new prepayment card - any suggestions?
Hello everyone, As part of my bid to get out of debt and stay in control of my spending I have been using a Loot card for most purchases - it worked as a prepayment card where I would budget what I could afford to spend on food, bits etc for the week and send that money into my Loot account. Then I would only take that…
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High Income and High Debt
So, I would like to tell my story and maybe get some advise o what I can do to overcame this mountain of debt that I have now. I moved to UK to be with my partner. Luckily I had a good job in my area with a good income... But unfortunately my partner didn't have the same means, so all of the expenses were kept by me…
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TNT and CONTROL ACCOUNT
Hi Guys. Looking for a bit of advice if poss... Over the last year I have been receiving letters from TNT Express UK ltd asking for payment of around £70. The letters just started arriving out of the blue and were a mystery to me as I do not do any business with TNT . My name was spelled incorrectly on all the letters and…
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7.5k debt with SOA
Hi All, (25 years old) I guess this is a familiar story, took out one credit card to pay for one small trip, and with the increased limit I've slowly ended up working up a debt of 7.5k, it's becoming a burden and while I know I can afford the repayments, the high interest is concerning. I've ended up paying for a few trips…
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£20k Debt Including SOA
Hi I'm a long time lurker on this forum and finally feel the need to reach out for some support. Due to a sequence of poor choices when I was younger I find myself £20k in debit at the age of 27. I was living with parents up until I bought a house with my partner in November last year. Since then I've found it hard to…
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Debt Consolidation Help!!
Hey, I am looking into clearing my debts and I am wondering if consolidation is the best way to go? I have around £6000 and want to get it cleared. I am not wanting to go down the bankruptcy/liquidation routes as I want to boost my credit score as opposed to a blacker mark against it. I need help!!!!!
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Debt collector cannot produced a signed contract
Hello, I have a credit card debt to the value of £3k est and a certain scottish debt collection agency has been chasing me for 4 years for this debt (daily calls...). They had gone quiet until I updated my electoral role data this month and now they're coming at full force once again. I've asked them to produce all…
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Claim for Historic Service Charge
Hi - hoping someone can advise... Out of the blue this month, I've had a claim from a debt recovery service for £500 to cover service charge underpayments (including £80 admin fee from my management company and £200-odd from the debt recovery company itself). I have a complete service charge payment history, and this is…
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Quick ccj question please
Apologies if a silly question and just curious but can a CCJ be registered on a credit file without prior warning or any notification to the debtor? Thanks
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Credit card credit rebuild
I can’t find the specific opinion on here so wondered if anyone could give their own views on this I’m debt free after years of shocking history. I’ve read into the best ways to improve credit and managed to get a vanquis (2years ago) and tesco credit card (6 month ago) I’ve noticed my credit score is improving but worried…
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Help with monthly costs
Can I please ask what is considered a reasonable amount to spend on monthly food shops for a family of 4 and a reasonable petrol allocation for car for work etc. Other half is looking into applying for a DRO. What other things do we have to consider monthly outgoings wise please.
