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Repossessed Home not sold after 12 years and counting
My Home was repossessed in 2008, yet it remains unsold. I was young and naive when I took out a self-cert mortgage with Platform Home Loans back in 2006. During this time I was encouraged to take out two x secured loans on this property - Welcome and BlackHorse. I then became unemployed, suffering from mental…
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New - feeling overwhelmed
Hi all *shy waves* I am gradually coming to my own lightbulb moment that I'm in a slow, steady spiral into deeper debt. I don't have a good reason - my debt is 'systematic overspend'. I'm terrible at self control. I have always paid my bills but am terrible for spending every penny, then using CC on the tight months. I'm…
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Economy Energy Ghosts are Back!
Hi all, Received the attached today that seems safe to ignore? (Contains loads of 'we might/may/if' statements). This follows on from sending the following to the liquidators Grant Thornton LLP back in March and I've still not received any proof? Dear Sir / Madam, You have contacted me regarding the account with your…
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Does this sound right? Late payment query
Hi everyone, There was an issue with my current account at the end of last month 2 direct debits payments to my credit cards (same company) were returned. I noticed today, 6 days after they were returned and called the CC company immediately to apologise and make payments. I asked about my credit file and how this would be…
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Moved: Is Inflation really Disguised as a Negative Interest Rate?
This discussion has been moved.
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Why would a company recall a debt from debt collection agency?
I am just seeking advice as I had a debt of around £1300 with Barclaycard which had been sent to Moorcroft. I found Barclaycard extremely difficult to deal with as they wouldn't just deal with me through email or a web chat like I would have liked to do - it was always a 'call us' or whatever. Moorcroft were very simple…
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May 2020 - CCJ; Able to get a mortgage or rent?
Hello There, I know CCJ's have been asked, saying this mine has recently been added to my credit file without me knowing, all i received was a solicitors letter asking me to fill the form with my outgoings, they were to review and it wouldn't go to court. However this wasn't true and i received a CCJ letter 2 days after…
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Helping my partner get debt free
Hey guys awesome forum! My partner (26 Yr Old) is in a DMP with step change she has around £3,750 with Step change I'm not sure how much she pays but I am wanting to try clear this for her in some form and then tackle the £5000 for the bank of Mum & Dad. Would a company like stepchange accept a full and final settlement…
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Help with a question about a default notice
Please could someone help with some advice on a default... I defaulted on a loan with Lloyds TSB in June 2017. This was due to me taking an extended period of time off work due to ill health and then returning on only a part-time basis. I called them and explained the situation, completed the income/expenditure details etc…
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Repaying Debts
I’ve been in a debt management with Stepchange for a while now making monthly payments that work well, I’m now in a position to pay off a lump sum. I have around 6 creditors and was just wondering if I am better paying them direct or letting Stepchange pay them on my behalf. Of course I don’t want to get in any trouble!
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Daughter has got us in debt!
Hi, This is an awkward one. My daughter suffers with Bipolar and other Mental Health illnesses . She has got myself, and my step-father in numerous debts. She had been allowed to do online shopping, using my dads credit card, in the past, and has paid him back, but has been using it on online shopping, without him knowing,…
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What small DFW things will you do, week commencing 03/08/20?
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…
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How to get out an overdraft?
What is the best way to tackle an overdraft? A loan or interest free transfer card are unfortunately not an option, but with income coming in and bills coming out of the account, aside from making the monthly fee payments I’m struggling to actually pay anything down. The bank won’t let me do it in instalments unless I pay…
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Difference between PRA, FCA and FSCS?
Kinda confusing :/ Which one pays out compensation if you lose money with a financial service? All 3 of them are available to the public and do all 3 pay out compensation? Does the financial company has to be based in UK for compensation to be valid?
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Some good news but need advice/facts (balance transfer)
Hello everyone! I'm paying off 20k of credit card debt on cards ranging 20-42% APR. Sickening! I've been very strict and am paying 1500 per month off raising to 1800 a month from Wednesday (payday!). Been doing this five months so down to about 15k (interest charges eat several hundred pounds a month). I have a Marbles…
