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DAS help
Hey guys. I hope I’ve posted in the correct forum. Apologies if I haven’t. Long story short, hubby and I are applying for the Debt Arrangement Scheme in Scotland. We have a lot of debts and the discussed proposals would save us so much money every month and also clear our creditors in just over 6 years. This is like a…
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Help please (SOA included)
Hi everyone, I would appreciate any help in managing our debts which have spiralled over the last year after we paid all “top up” fees for a relatives care home placement (reality being it was way in excess than we could afford but we were not successful in getting any further funding and didn’t want to put our relative…
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Repay 0% credit card or save a pot of money?
Not entirely sure where to put this question but hopefully this is a good place. I have two credit cards on 0% interest and I'm paying off £200 per month each on them. I'm going to receive some money soon which could wipe off one of the credit cards so then I'd only be paying £200 per month for one of them or could…
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Quick Questio re: Cheque Received
My last few threads have been about my OH's DRO, which is now over and done with and we are working on tidying up his credit report and hopefully starting to improve it. The other day completely out of the blue, he received a letter from a bank advising him that they had charged interest and fees when they shouldn't have…
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LINK complaint reply
[FONT="]I think there are probably 3 or 4 different points/questions in my post, so I hope it is not confusing. [/FONT] [FONT="] [/FONT] [FONT="]For the last 2 years I have had fairly regular correspondence from Link in regard to an outstanding debt. Each time I have replied that I had raised what they called a…
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Savings Vs 0% Credit Card
Hi All, Hope this is the right section of the forum to ask this question? I have enough savings to completely pay off my 0% credit card to make me "credit card" debt free. BUT DO I, clear my 0% Credit card (12 months 0%) with my savings which will reduce my savings to £1000 left, OR DO I, leave it as is, keep my savings…
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county court claim
Old credit card, defaulted 2010, claimant claims a payment was made December 2013, hence they started claim before December 2019 to keep it in time. Cannot supply copy of CCA (not needed because of Carey v HSBC) but the supplied reconstituted agreement is dated 4 years after the default date, and cannot possibly be…
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Southern Water Account with Default
Hi guys, I've checked my credit reports more thorough recently and discovered I have a default from 12/2014. My question is why has it been marked 5 times (5 consecutive months) as defaulted, then 9 months it's got 'no information' and 1 year after the original default - another default has been registered?…
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Car Lease Help
I have a 36-month personal lease on my car with approximately 18 months remaining. I pay £391 a month for the car. When I signed the lease, they gave me the incorrect specification and I leased the vehicle due to features I believed the car had. On their website, it claims that any issues with specifications are not their…
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Need Advise please?
Hi, so, I have the following debt that i would like to be free of asap, but not sure how to go about it? Mortgage 1 ...£5,009.65. Mortgage 2 ....£7,932.87 Mortgage 3 ....£6,344.68. Mortgages Grand total...£19,287.20. credit card (credit security ltd).....£10,711.87, Amazon...£67.60. personal Loan....£709.00 credit card…
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Could someone advise?
Hi All, My partner took out a DMP without my knowledge added our joint account to it and now has left me with a really bad credit rating. I myself have just over £10k of debt which I was paying off more than the minimum payment and balance transferring before the 0% interest rate finished and had no problems with paying…
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Next DCA help please
Hi all My self managed DMP is about to start next month. Only one creditor (out of 6) has defaulted since I stopped making payments in August 2019. Next have sent several letters threatening default but as yet have not actually done it. Yesterday I received an email and a text saying that the debt is now with Brecon Debt…
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Which one would you tackle first!?
I have two credit cards as below. Marbles £1200 APR 49.9% (I spoke to them and asked them if this is correct which it is) Vanquis £745 APR 3.99% PM Im wondering if snowballing would be easier or not.
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Mental Health and Debt
Hi, I’m a new poster, so apologies if this has been covered elsewhere. Three to four years ago I had a period of ill health, during which I lost my job and let my financial obligations lapse. I was diagnosed with a mental health disorder, prescribed medication and have since made a full recovery. During this period I…
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CCJ and charging orders
[FONT="]I have a substantial figure of unsecured debt (personal loan and credit cards) which I am still currently making the minimum repayments for. However, the "day of reckoning" will come soon and I will no longer be able to make the minimum repayments.[/FONT] [FONT="] [/FONT] [FONT="]I do not own property…
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Need help with moorcroft
Hi all! So I stupidly took out a car with Moneybarn 2 years ago. Gave it back and have the 50% still to pay on what I was left with (now around 1500). I was paying them back every month 100 however they've now sold my debt to Arrow Global (whom have now given it to moorcroft to manage for them) How much do I offer to…
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Help needed - about to start DMP but being chased
Hi, all, I initially posted most of the below in the mutual support forum but have been chased again today and it's causing me a fair amount of distress. I have £32k of debt, 4 credit cards, 2 store cards, plus an overdraft and 2 loans - one with my former bank (I switched to a new account before I kicked off the process)…
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If I Can, Anyone Can!
I posted on this forum a few years ago, aged 26, about how much debt I was in and how it was ruining my life because of interest/charges and the fact I was a problem gambler. I was contemplating suicide and worried my girlfriend of 4 years would leave me. Skip forward to April 2019 and this is what went down: + I told my…
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Equity release to pay debt
I have an employee who is suffering desperately at the moment due to debt problems. I am not qualified in this subject and I have instructed her to contact people who deal with this day in day out for advice and guidance. I have also provided phone numbers and have clearly written down for her how best to describe her…
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Advice on Debts
Good Afternoon Hopefully this is in the right thread, I am just looking at my credit score file and wanted some advice regarding the position they are in. The crux of my question relates to being unable to remortgage later this year due to my credit score which I have accepted, but I want to get to a point where I have no…
