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Defaults
Hi, I have fresh defaulted debts. I am taking the approach to ignore all letters, with no payment plan in place, until a court threat arrives. Surely, if logical serves me correct, if these letters never arrive, eventually discounted letters should start to arrive?
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CCA
Hi, I requested a CCA from a debt collector, and they obtained it from the original lender (seven years later). I was making £1 payments. I have a the letter of assignments, and the CCA which actually appears correct as completed by me as I signed it years ago. However, I never received a statement of account(s) as…
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-£40k... -£10k... -£5k... -£3.7k... -£2k to debt free to my first house!!!!!!!!!!
I’m hoping
this message is in the right place. About 2.5 years ago I got to the point where my debts had escalated to nearly
£40k :s , through a combination of high interest loans and credit card debt, across
11 or 12 different accounts. It was mostly built up through consistent overspending and a little gambling, in
a job…
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Freedom and Independence.
It’s been a long journey but this year I see the light at the end of the tunnel. After a toxic relationship I had gone from being 20k in savings to 20k in debt. I lost more than that though, I lost myself. I’m nearly back! 20 years later. This year I will be debt free. Have an emergency fund. And pots for savings,…
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TizerCat learns to stay debt free.
I am pleased to say that on 1st Jan 2025 I will be both debt and mortgage free. However, this is the second time I have been debt free, and last time I was back with £20k of debt within 5 years. This time I must learn to stay out of debt and to save as I only have 8 years until I retire.
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Scam email? Or legit?
Hi all! Does this look legit or a scam email? Thank you Good Afternoon, I trust this message finds you in good health. My name is John Maxwell, representing Money Wellness Group. I am writing to formally notify you of a matter of utmost importance. We have received a legal complaint on behalf of the following institutions:…
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lender has just stopped taking payments
Hi, One of my debts is with a company called Elfin Market. It's a peer to peer lender, and I owe them around £1500. I have a direct debit set up, however I have just realised that they have not taken any payments since August. The Diredt debit it still active. I have not received a single contact from them - no emails,…
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I’m taking control of my life, now.
Hello lovely MSE-ers!, :) I have been a user of this site for many years but created a new username on 3rd Jan because I had doubled the debt and I was so embarrassed! So here I am, £40k+ in debt. The reasons (excuses) are many and varied, so I won't dwell on the past. However, our current situation is good, good income,…
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You can’t pour from an empty cup, the road to self care
As 2024 is almost here I think a new diary is in order. I will be spending New Year’s Eve alone, not for the first time, the difference being this time I don’t have a significant other who would call me, and make sure they were the first to wish me a happy new year. I will not dwell on what has been lost, but focus on what…
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2025 - A Year of Saying NO
I am £10,000.00 in debt and 33 pounds overweight and it stops right now!!!! No more, enough is enough. The tide has turned and money is going to start flowing back to me and fat will gently slide off my body, leaving the healthy, wealthy and wise woman that I am destined to be to emerge ...... the phoenix soars in 2025. It…
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Link finance and Kearns solicitors
I have four debts that Link finance have been persuing for the past 10 years that amount to £27,000. I have made numerous offers to settle the debts for around 50% of the full amounts over the past 10 years but Link always demanded no less than 85%. So I have paid £1 per debt per month since 2014 as token payments until…
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Getting on track
Hi guys. I have finally decided that not only am I useless with money, but I can't try to go it alone any more and expect things to get better. I am seeking the advice of the MSE sages and looking to try get a hold of my finances. Could someone please point me in the right direction for how to get started, I assume by me…
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10,000 steps, 1 step at a time.
As always with the start of these, long time lurker, first
time sharer. This past year I’ve become very serious about my finances and it’s
paying dividends (excuse the pun!). The purpose of this post and blog is to
share my journey from the past year, what impact it has made, and be a record
going forward of what happens…
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Huge Ovo debt
Just before lockdown I answered the door to a caller who wanted me to save money by changing my energy providers I said I couldn’t as my bills were paid by fuel direct from my benefits as I have had mental health and mobility problems . She assured me everything would stay the same if I changed my mind I could go back to…
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Low Mood Highlander :(
I don't really know why, I posted in the main debt free wannabe forum. I am doing ok, gone down from £30,000 last September to £16,000. Unlikely to be able to be debt free by this time next year but you never know. Although I am budgeting for Xmas etc I know, due to all birthdays, car MOT and service and Xmas I will…
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Diary of a 30-something idiot
Hi everyone, I've been lurking on MSE for a LONG time desperately trying to ping my reluctant brain into some form of lightbulb mode. My life is imploding around me and my ADHD brain is constantly seeking dopamine and for years that has been through the form of impulse purchases, which obviously has caused me some huge…
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Let's face the music and dance...
Well this is 100% scary... I've got into a pickle with money, it all started when I left uni was unable to find a full time job and worked part time put the extra each month onto the credit cards. I was a mature student, graduate 2017, swore to myself I will never be in debt again, had about 5k of debt in my 20s, so I know…
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Broke and lonely with it
Hi, i just need some help to keep myself accountable for getting my bills brought up to date after a spell of no income and no savings. Basically i left a well paid career due to stress and now earn a lot less than i used to. I do have cc debt from when i could afford to borrow it but have decided theres no way i can pay…
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My debt free dream
Hi everyone I've found all your debt free diaries and updates so motivating.. so I've decided to start one for my own accountability and motivation! I started out with £13123 total debt, mostly on CC, but hoping to make my first payments towards them at the end of this week! Aqua - £5021 Vanquis - £3500 Capital One - £2702…
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Nearly 40 and had my lightbulb moment!
Hi, I am currently on a journey to pay off 3 credit cards. I have downloaded an app where I put the figures in and its given me a final date of April 2026 using the debt avalanche method. More than the minimum have been paid on time every single month but i'm struggling to build up an emergency fund. Its funny doing this…
