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IVA as a homeowner
Hi, Quick question - Since marriage breakup I have approx £80,000 debt which is engulfing me and I am hoping to take out an IVA. My issue is that I rent the flat I live in in the South of England while also owning a small house in the North which is rented out. It has no equity and the mortgage payments are higher than the…
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HELP!! Debt advice needed please
Hi, I’ll give everyone as much info as I can . Here goes... I have roughly around £4500/£5000 debts from various creditors like credit card, old bank account and also payday loan companies . For the last few years I have been stupid and ignored all this thinking it would go away. I get constant calls and texts from…
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Short story and numbers
sorry, deleted.
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Remortgage coming up in September... eeek
Good afternoon everyone, It’s been a very long time since I’ve posted on the mse forums! I feel like we are going round in circles and it’s driving me mad. I need help to explain to my husband how critical our situation is. We are due to remortgage in September (our 5yr rate ends) and we are hoping to borrow additional to…
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I will be debt free by March but....
Hi everyone, I will finally be debt free by March this year after having a DMP through Stepchange. However I'm not sure what I actually do after the debt is gone in regards to building my credit rating? I've read about credit building cards but I'm very wary of these as I don't want to get myself in the same situation as…
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aged debt - following a period of inactivity
hi to all and thank you in advance for any advice. Back in May 2015 I made a CCA request to a credit agency and they did not provide it, so i informed them they they were now in default and I wasnt required to pay, they wrote back saying collection activity would be suspended (ive moved house since then and am trying to…
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Paying back training cost
Hello everyone. Looking for some advise regarding paying back training cost from training I have received from my place of work. My company has put me through various courses since I started at the company last May. (All of which I have never used any of the Qualifications since gaining them) Just before Christmas my…
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Charging order, when would it be cleared off ?
Hello wondering if someone can help so a cousin has a charging order against her house because she acted as a gurantor ) which she tried to pay in installments the initial amount of £3100 but the solicitor kept ignoring her because they wanted the lump at once which she was unable to afford . They kept disputing thsi till…
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AP marker decision
Hi everyone, As you might be aware from my previous posts, I'm attempting to correct a few things on my credit file since it's almost six years since my DMP started. Whilst looking at my credit report I've discovered something unexpected and I'm not sure what to do. I entered into a DMP in July 2014 and one of my creditors…
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A real debt doozy - advice needed for British Gas and Southern Water
First of all, thank you for reading through my post. I would welcome any help/advice on the problem I have, which is quite bad. I'll try my best to keep this short and simple: I have two unpaid final utility bills: one for British Gas at £52 and one for Southern Water at £324. Last payment made to British Gas was on…
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Help needed. SOA completed.
Hi all Was hoping to get some much needed advice. I have read a lot of posts and I know a SoA is important. I have completed it the best I can at the moment - I'm unsure of a lot of the interest rates but am aware that they are all high. I live with my partner and our 2 children. We have separate finances so I have just…
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Soa..
Hello, looking for a bit of advice please..Is there anything I could change? I’m getting a pay rise from February onwards so will be getting £1300. Open to suggestions! Household Information[/b] Number of adults in household........... 1 Number of children in household......... Number of cars owned.................... 1…
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Living constantly in an overdraught.
Hi Forum. It's been a little difficult - but here I am. I have been living in a £2100 overdraught for the past year, getting charges. My salary falls short each month. Today I went over the overdraught so will be charged till next week till I get paid. This has been the final straw. I do not have an existing credit card…
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Work expenses
Hi there I wondered how you would deal with this. I gave my budget sorted out the way I want but I have a few work trips I need to go away for. I need to at petrol, hotel and some meals in advance and claim it back. That can add up and takes anything up to a month to claim back, What would you do?
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Gym membership unfair charge for cancelling
I’m asking about this for my son, he has had gym membership for the last 3 years but is now out of work and cannot afford it any more. He didn’t have money for the direct debit so cancelled it through the bank. Now the gym has emailed him saying he’s overdue, and have added a £25 ‘fee’ on to his usual monthly payment. He…
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When is credit history cleared?
Long story, I failed to make payments on a debt between these dates (see below). Point to note I have since cleared this debt up. 1st April 2014 until 1st may 2016. When do the come off my credit rating? 1st April 2020 or 1st may 2022
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Move from SC to Self Managed DMP?
I have decided to get a grip on my debt. My SC DMP will have me debt free by 2033 and this is not a position I want to be in for so many years. I decided to firstly go down the CCA route first and my biggest two debts have already replied saying the debts are unenforceable. They are already Defaulted and due to drop off my…
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Double Default Saga
Hi Guys Have a wee update regarding the double default issue I’m having with Link. So just to recap l was in a DM plan for years but came out of it after l managed to get some money together to offer settlements to my creditors. This worked great for most of them apart from Link. They wouldn’t accept my offer nor gave me a…
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Link and moving
I am probably going to move house in the next few weeks and have a question about my Link debt. Two years ago I asked for a copy of the CCA relevant to my debt but so far they have not been able to find it. They also said that as they couldn't find it they cannot currently ask for payment. However, they still send the odd…
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Defaulted in 2010 and 2019 - same debt
Hi all A bit of a long story this so will keep it short as possible. In 2009 we came across hard times and got defaults on loads of credit card debts. In 2010, Barclaycard (under Mercers) issued me with a default under two credit cards - I have the paperwork in front of me now. The debts for the two Barclaycards were then…
