-
Finally seen the light
Bit of background. I have been in the same job for over 13 years, steady income of between £30-60K however I have been terrible with money. I have 2 kids and a wife, we are currently renting and I have for once realised I need to get straight debt wise and start saving for a house. I just waste money each week and end up…
-
Lowell Help!
Hi everyone, I've had a look through several old threads but can't seem to find anything to any advice that may help me at the moment! Lowell have taken on my partners old Capital One debt. He defaulted in October 2018 and they took over the account in December 2019 and phoned where (in his words) they bullied him into…
-
CCJ entered 6 years after I had left the UK and was on a DMP
I left the UK in 2010 to go to NZ. I've just returned to the UK last year, I checked my credit report recently and saw I had a CCJ registered in 2016. I started a DMP in 2011 as I was having issues finding full time work over there. In the creditors was Capital One, whom we paid through the DMP. I moved house in 2012 and…
-
Starting to face my debts
Hello Everyone, This is my first post, I've been reading through these forums and finding it comforting to relate to some situations and hopeful to see other people managing to overcome their debts. I am 30 years old, over the years I have racked up a lot of debt - just through being careless and I am entirely to blame -…
-
Will this cause major issues?
Hi Everyone I am really annoyed at myself. I lost my debit card last week and have been waiting for my new one to arrive. I have used my credit card in the interim with the intention of paying off what I have spent as soon as my debit card is here. I had forgotten that my credit limit on this card is quite low and I was…
-
Any advice, knowledge or experience of a loan application triggering an old credit card debt?
I am self-employed and due to the lockdown situation
everyone is experiencing/facing at the moment the only help applicable to me seems to be via the bounce back loan scheme. On exploring this
avenue I’d only be entitled and need the minimum amount available £2k with the aim then being
in paying it back within 12 months to…
-
Moorcroft Group letter advice please
Hello all, first time poster here. A couple of weeks ago my partner recieved 2 letters, with 2 seperate reference numbers, from Moorcroft Group saying "We are attempting to contact the above named person regarding a personal matter and we have been provided your address as a possible address for our customer." It goes on…
-
Small Claims Mediation Appointment coming soon...
Hi, Have a Mediation Appointment coming up soon with a Debt Collector who bought a defaulted Credit Card debt. The amount in dispute is relatively small only about a grand. Does anybody have any experience of going to this stage? I'm assuming this would have been purchased somewhere between 5% and 15% of it's face value if…
-
Payment break to clear loan
Morning all, I am looking for some advice on whether or not to take a payment break in order to clear one of my loans. I took the original 3 month break on my loans and mortgage as it looked like my job was going to be affected quite severely by COVID, but in the end my employer managed to find alternative work for a few…
-
Reduced payment to Step change this month due to being furloughed
Good morning Could anyone advise please, we have been paying our debts though Step change for two years and have made a big dent in what's owed. Due to being furloughed i have asked to pay a reduced payment this month, this has been agreed but I am worried how creditors will react not getting a full payment? Has anyone got…
-
*Advice Please* No response to request for CCA
A few months ago I sent off 2 CCA requests. I received a reply from one but I haven't heard back from the other (wescott) . I had a payment plan with stepchange but put this on hold until I had confirmed if the debts were enforceable, so I'm not currently paying anything towards them. My question is how long should I give…
-
Evaluating My Debt
At the start of the year I thought I had less debt then I actually do, so I've put everything into a spreadsheet and added it all up again. I have a total of £6,761.66 of debt at today's date but only £3,934.68 of that is defaulted/arrears and is currently in re-payment plans. I actually have £2K in my current account so I…
-
Unsure who to ask or who to turn to -PLEASE HELP
Hi all, First poster here :) I've been really trying to get a hold of my finances in the past 12 months. I've got a few debts remaining, here they are below: Capital One£1,891.03Moorcroft - Vanquis£1,168.00Moorcroft - Moneybarn£2,061.00Ovo£325.80 I have suffered with Mental Health issues for many years, including…
-
Elevate credit
I have found a default on my credit file from elevate credit but am finding it impossible to speak to any one from the company. I spoke to the sister company Sunny and they informed me the account was settled in 2015, but it for some reason is still showing as a default. Has anyone got any contact details that will…
-
Credit Card debt /Car finance balloon payment/ redundancy
Good evening all, Please accept my apologies if I am posting in the wrong forum. I would like to reach out and get some advice regarding my current debt situation. At the moment I currently have two credits cards: Interest Free until 11/21 balance £5673.45 Interest Free until 11/21 balance £5021.42 At the end of June my…
-
Advice please: large unexpected bill
Evening! Today my partner has received a debt letter for an outstanding water bill, this is a little over £4000! He lived in his two bed flat about 3/4 years with a friend and moved out nearly 3 years ago. He told me some time ago the water company demanded this amount from him which he refused as how can he use that much…
-
I need help!
Hi all, first time poster so I hope I’m posting this in right place etc. I’ve managed to get myself in a mess financially. Over 8 credit cards I have debts totalling £24k of £32k available. I also have a couple of shopping accounts with another £4000. And finally a car on PCP for the next 40 months. I haven’t missed any…
-
Credit card to Income ratio
Just curious - if people want to do this, what is your current credit card vs income ratio. Just interested to see the average. Credit card: £3,000 (0% March 21) Income £56,650 Ratio 5.3% Ive always thought I shouldnt ever be above about 10% of gross income as a personal rule. ( I have been near and over that in the past)…
-
Newbie - legit Step Change advisor question
Hi all, taking the plunge and looking into my debt. I was on the step change website and answered a few questions which then led to an advisor calling me. We had a chat and he said he thought a Trust Deed might be the best option for me but to get the ball rolling I have to send a photo of my drivers licence, 30 days of…
-
I feel I shouldn't have all this money.
Hi guys. I have moved into a new place with my partner and I have paid my final rent for the old place. We got cashbsck for getting mortgage with our provider. Also sorted all the bills out and they are due 1sr of the month. I was checking in on finances as its couple days to pay day and I usually don't have nearly a grand…