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Time to get clean!
So for some background info see my debt free wanna be post. The start of a long shower to get clean! https://forums.moneysavingexpert.com/discussion/6364222/ashamed/p1 As of today 15/06/2022: Tesco CC £11,816.42 Virgin Money CC (0% ends August) £7,852.22 PayPal Credit £1,444.13 Next Credit Account £81.48 Studio Credit…
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Drowning in £16k of poor decisions
Hi All, I thought I would start this diary for some accountability and I am hoping that as things start to slowly improve I will also be able to see the progress I am making. A bit of context - I am in my 30's with two children (7 & 12) and working full-time, whilst I have a good income I have made very poor decisions when…
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Debts, financially controlling relationship & mental health
I hope this is the right place to post this. And could also be a long one but I don’t really know where else to go or who to talk to. I need to go back to the roots of the situation before I can explain my current debt issue. So please bear with me. Going back. I was in a relationship with my ex for a long time - 15+…
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It's not a lot, but it's enough
Good day to you all. Can I start by saying I feel a bit embarrassed about starting this diary. Not because of my debt, but because in comparison to other peoples situation I seem to be in a better position to clear it. However I’ve been considering starting a diary like this for a while as I feel it’s really been getting…
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Making a big decision and staying out of debt
So I’ve decided to start a new diary. I did have a diary a few years ago which I used to track my way out of debt. I managed to pay off £12k of debt in 9 months and then my car died. So I bought a car on finance but then managed to pay that loan off two and half years early. Again leaving me with no debt. So for the last…
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2022 A Year of Change
So a long-time lurker
who attempted a diary last year but didn't keep up with it but this time it is
different. I am a procrastinator and need to STOP. I had so many
plans for this year and was going to be totally in charge of my life, but the
last few years have slipped by, and I am no better off. I have dreams and
goals…
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Views on iva
Hi I'm deciding whether to go ahead with an iva, I've tried reading etc but want to know peoples views on it who are also in a iva. How much debt did you go into it with? Has it affected your credit score really badly? How much did it cost? Just need to know whether its worth it and if anyone has had a bad time with it.…
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desperate to sort my life for last time
Hello Bit of background, been a serial debtor all my life....into debt £10k....clear it all ....into debt £110k....IVA and clear it all after 3 years then remortage ( paid back 80p in the £ ....into debt and now DMP me £36k OH £19K...please no judgement as to where all the money went as could not actually tell you although…
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A Significant Decision for Consumers - Intrum not Authorised to issue Claim
The Court has today handed down Judgment in a case
where Joanna Connolly Solicitors were instructed to represent an individual consumer and where the Appellant
was Intrum UK Finance Limited (“Intrum”), formerly known as 1st Credit
(Finance) Limited. Intrum issued proceedings in the County Court in May
2019 alleging to be…
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Debt Demolisher
Hi MSE ers Have plucked up the courage to admit that I cannot cope financially. :o Long story short. We are £82,590 in Credit card and Loan debt basically spent on nothing but shopping, holidays, clothes and household things. :mad: We are not in arrears or any CCJs at present but fear this will not last. I completed the…
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Hello! :)
Hey everyone, long-time lurker, first time poster here! I recently had a bit of an epiphany regarding my spending and financial situation. I've been pretty much living in my overdraft since getting a mortgage a few years ago, and I thought enough is enough. Completely out of the blue one night might I add! I have never…
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Starting to budget after years of wishful thinking
Hi so I came here for advice. Have about £29k debt over two loans and one currently interest free credit card. I kniw if I don't clear thia debt ASAP then I will fall back into bad habits and it will spiral out if control. I am currently considering selling everything I have of value which could clear at least half. This…
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Turning Debt Darkness Into Power
Good morning all, happy Tuesday! Long time lurker, first time poster here. I've had a DMP for about a year and a half and tend to be terrible at saving, but that is going to change! I'm currently paying token payments of about £12 per month with the aim to create an emergency fund, I'm up to about £200 saved now thanks to…
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£69k debt free wannabe
Right I'm new to this so hopefully its in the right place! We have been in debt for as long as I can remember, well I have been, my husband has just been in debt since we brought our house. I have been trying to sort money for 12 months now and have cleared a bit of debt but have deffo made some bad decisions with money in…
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Help advice needed
Hello I'm looking for some advice with no judgement :( I've always been bad with money grew up in a single parent household whenever we got money it was spent on good things because we could never afford them but I seem to have developed this into adult hood. I've been in debt in the past and got out of it any many ways...…
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Feeling positive about banishing a decade of debt
Hello there - first post! I’ve (we’ve) been on this debt free mission for the last
year now and I’ve only just found this forum. I wish I’d found it earlier but
it’s reassuring me that I’m on the right track at least and I’m finding
everyone’s journeys to being debt free very inspiring! I’m hoping a debt diary
will really…
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Debt and Caring
Finances are a bit off the beaten track at the moment. Currently I live in the Republic of Ireland (some figures will be in EUR). I am living in the family home where I support my father full time. He has dementia. Living here means the majority of typical bills are covered by my parents' income. I don't pay for groceries,…
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The start of a long journey…
So over the last week I had bitten the bullet and started on my journey to hopefully clearing some debt through a DMP. I am based in Scotland and have approx £26k on 3 credit cards and next directory. My budget only allows £98 for SC to share amongst my creditors I am nervous that this is too low to be accepted but I…
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Debt free by 40? I hope so.
Well, this is a big step. I’m honestly not sure how I have ended up with so much debt,
it is scary, and I have racked my brains and the only thing I can think is that
I have been living beyond my means and have absolutely nothing to show for it.
No fancy car, no nice holidays, a house in desperate need of updates…
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“Rock bottom became the solid foundation on which I rebuilt my life.”
Back in May this year I decided things had to change. I turned to here and received an amazing amount of help and advice. Here I am making a fresh start. Debt 09/05/2017 Council Tax £2092.71 Court Fine £1250 Court Fine £200 Person 1 £1000 Person 2 £1000 Person 3 £1379 Person 4 £427 Debt Total £7348.71 Rent Arrears £3381.28…
