-
Mass debt currently focusing on the now rather than later life
A bit of background about me - I am 30 years old currently in 15k debt, not a homeowner and very little in my pension fund. My plan within the next 12-18 months to buy a place when I’m debt free. My question is I am currently not paying into a pension pot, as I am channelling any spare income to my debt then onto buying a…
-
will the bank help us out with this?
Hello, My first ever post although I have read probably thousands on here over the last few years! We ( my wife and I ) are about months into our 'get out of loads of debt' journey. We started at a horrendous 70K at the start of this year, however with budgeting, a bit on an income increase and snowballing we have reduced…
-
Capital one won’t stop fees
please can anyone advise? I have been on DMP since 2017, never missed a payment and destroyed my card. I will never clear my balance at this rate. I have phoned and explained but very unhelpful.
-
Debts v savings - what to do?
Hi. I have a debt of £10,000 with my bank (Nationwide). 2.9% APR so £179.07 over 60 months. (I just re-financed this from Lloyds where the APR was 14% and I was paying £290pm.) This is completely affordable with my current salary (£45,800pa / £2670ish net pm). I also have a mortgage with Nationwide with c£190k outstanding.…
-
Where do i prioritise? Want to buy, no deposit, & debts.
Hi All Hope someone can give me some guidance. I will hopefully be divorced next year. Always rented with exh. Ive got 13100 loan (think its on 5 % this is amount owed inc interest as seen on banking app) consolidated debts before marriage ended. 6500 total on 2 x 0% credit cards. 56 in a lifetime isa. I earn 41723. Just…
-
What should I do?
Hi, so I recently got a second job and I should have around 800-1000 spare money after all my bills and living expenses have been paid at the end of each month. I'm currently about £8000 In debt: 3 accounts with Lowell - very catalogue £3006, capital one card £608 and an EE mobile account £693. All defaulted and I haven't…
-
Historical debt with HMRC
Hello all. First of all apologies if this is not the right area, wasn't sure where to post this query. Haven't been on the forum for over 10 years! To cut a story short... Approximately 9 years ago i registered as self employed. When filing my return the first did not reach HMRC via post. sent again and didn't hear…
-
confused over credit report
Morning guys I am a member of the MSE credit club and received an email this morning telling me that my credit report had been updated.I have logged in and my credit score has dropped by about 100 points. On the summary page it says I have one or more missed payments however I have been through my report and have checked…
-
Emailing creditors rather than writing??
Good Morning All, Long story short, I have been waiting since January for my creditors to default my accounts before starting a DMP as I want to get the 6 year clock ticking sooner rather than later. In normal circumstances I know that it is the norm that companies wait until 3-6 months worth of missed payments have been…
-
What small DFW things will you do w/c 11th May?
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
-
Emigrating + Unemployed + Baby on Board 😰
First post here and thankful for any advice I can get as it's a bit of a sticky situation. In brief: my wife and I are expecting our first child in October (YAY!!!). That's the good news. Unfortunately we are UK nationals working in the hospitality sector in Thailand who both recently lost our jobs, so have the additional…
-
Soon able to pay off DMP, want some advice on how to go about it and what comes next.
Deleted...
-
Any advice much appreciated
[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household Information[/b]Number of adults in household........... 1Number of children in household......... 0Number of cars owned.................... 1[b] Monthly Income Details[/b]Monthly income after tax................ 1800Partners monthly…
-
Moved: Renters debt
This discussion has been moved.
-
Virgin mobile non-defaults
Hello, just wanted to make sure I should be able to get a pair of accounts off my Equifax file. They are from 2012 with Virgin Mobile and no payments have been made since 2012 when I had severe financial difficulties. Have managed to clean up my file but these are still hanging about. I have never been defaulted by them…
-
Moved: Would I be unreasonable for taking a second test?
This discussion has been moved.
-
DMP Getting Started
Type your message[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b]Household Information[/b] Number of adults in household........... 1 Number of children in household......... Number of cars owned.................... [b]Monthly Income Details[/b] Monthly income after tax................ 1255.67…
-
45k debt... anyone want to help please?
Now moved to a diary. Thanks everyone who helped me have my LBM on this thread :)
-
Help for my parents
Hi, I'm hoping the wise folks on here can give some good advice. Over 15 years ago my parents took out an unsecured 15k loan from Paragon. At that time they were in a substantial amount of debt in lots of unsecured debt. When everything came to a head they remortgaged their house to pay off all the debts. Paragon wouldn't…
-
Officially Debt Free!!! :)
As of 3rd May I am officially debt free. I had a bonus payment (which should have been paid in February) from work which has allowed me to pay off the last of my debt and put just under £3000 into savings!!! :) I am so unbelievably chuffed! I am not shelling out so much a month now, so my outgoings are literally rent to…
