-
Quick question about a full and final offer
The short of it is I have 27k in debt spread across 3 cc's and an overdraft, I have not missed a payment or defaulted on anything but I have zero cash at the end of the month and interest charges mean I cannot make a dent in the debt. With the current cost of living spiralling and energy costs rocketing this is not…
-
Urgent Help Please
I have entered a DMP I pay £250 a month which is fine as I get paid approx £1300 a month however I need to get a loan so urgently to help my mum and dads care and also going on holiday, I have the funds to pay any monthly instalment I was looking to get £2000 but I cannot get one anywhere I do not want to do a payday loan…
-
Help!
I am really struggling filling out a full income and expenditure. Is there a guide that helps you fill out accurately, it’s confusing as pocket money very one week to the next. Uniform? Days Out? It’s all every now so then but don’t know how I can price things up per week. thsnks
-
DMP
Hi, previously I've messaged about not starting my DMP, and people messaged back and told me to hang fire until I receive default letters, well because on breathing space all I've received is letters acknowledging the breathing space but when this finishes at the end of October and I still haven't received any default…
-
Questions about credit reports
Hi all, 1. My credit reports shows 8 defaulted accounts. For one of them I owed Novuna and the account had defaulted, they transferred the balance to Lowell which also shows the same account on the same credit report as a second default. Is this normal to have it defaulted twice on the report? I've not seen it before so it…
-
Prove It
Hi, My partner has disputed a debt and sent the "prove it" letter which has been sent recorded and signed for. Does anyone know if there is a time line on how line they have to "prove it"? If we don't hear from them is there another letter to follow up? Thanks!
-
Loan to consolidate debts?
Hi all, looking some advice regarding my debt which stands at £13k spread over 4 CCs. I am in a position were are the cards all 0% interest therefore i'm undecided whether to take out a loan which will have a fee attached or keep plugging away at the CCs. My son has finished childcare this month (hooray after 9 years of…
-
STEPCHANGE
I recently used Stepchange as I thought it was a budget planner! (My bad). I didn't realise that it was a company/charity that can help with debt problems. After inputting my data, the results were OK, and I gladly did not need any help. I then had daily e mails form Stepchange so logged in to try and delete my account and…
-
Best way to pay off low mortgage please
I took out a 10 year, £40000 mortgage fixed rate for 2 years. Fixed rate term ends end of this month and I will have a final settlement sum of £31,828. I have £20k I have saved and would like to use this to reduce the remaining debt to around £12K. What would people suggest as the best/least expensive way to do pay this…
-
Debt free as from today.
I'm posting this in the hope it may help others who are perhaps early in their debt free journey. I know I always felt there was hope for me when I read how others had become debt free. I've had a lot of help and support via this board and for that I am so greatful. The dairies are inspiring and full of good tips. I'd…
-
What Small Things Will You Do This Week? 12/09/22
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…
-
DMP, IVA, any help appreciated
Hi. The balance is feeling like it’s at tipping point. We have spent stupidly for years and have never known how to budget. All together we have around £46k of debt and are in the midst of a financial crossroads. Don’t know the best way forward so any advice is greatly received. I will post my SOA when I get them all…
-
Debt Consolidation
Are there any further options for debt consolidation if the banks have rejected your loan applications? They seem quite happy to keep taking the money at 40% on an overdraft and various credit cards but don’t want to transfer it over to an interest free or a low interest loan? I have never missed a payment but my credit…
-
Help Needed
Hi, thank you. It's my first post here. I've looked at other posts but can't find any similar to my problem. I was sacked from work in 2016 through mental health issues. My husband of 55 years of age was severely beaten up in front of me and I was taking time off to care for him and my mental health and they finished me. I…
-
Which card to pay off first..
Hello all, I have gotten in a huge mess with money the past few years and am now finally tackling the problem. I have reigned my spending in so have gotten out of the cycle of spending on credit cards every month and now want to tackle the debt. They are as follows: Tesco bank - 3700 (APR 19.9%) Amazon Credit Card - £2500…
-
Can't pay back bank loan
Hello i'm looking for any advice please.. I'm self-employed and recently lost my main contract. I've secured a PAYE job but the salary is too low to continue paying my £15k bank loan and 4k of self assessment arrears. I've been onto StepChange to complete a budget and was hoping to set up a DMP but don't have enough left…
-
Egg Card Debt from 2011 - Who can I speak with to Deal with and Pay Off
We have just found a Restriction placed upon our house. I have no information about this, does anyone have a telephone number (company who now has the old debt) of who I can speak to about this? We're in the process of selling our house and this needs to be done as soon as possible. This debt is related to an Egg Card and…
-
Won CCJ but debtor has IVA now
I couldn't find the best forum topic to post this under, so please forgive me if there is valid topic. To summaries our situation: 1. Booked a landscaper to do our garden, collected references from previous jobs and then sent just under £2k for materials 2. landscaper advised materials were ordered and scheduled for…
-
Debt to Government Rates Agency
Hi everyone. A few years ago I had a breakdown and as a result buried my head with some bills we had coming into the house. They were just letters so I just tucked them away. Fast forward 4/5 years and I e created a debt of 20k and reality of it is putting huge strain on my marriage. Realising part of the debt I put some…
-
PRA Group Harassing
Hi All, After some advice, if you don't mind. I have an old debt that I believe to be statute barred. The original creditor was Quick Quid but I understand they actually dissolved and the debt is not showing anywhere on my credit files with QQ or with PRA. However, I believe the debt is from 2015 and no payments were made.…
