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Struggling with debt? Ask a stepchange debt adviser a question
If you need help with your debts, this is the thread for you. This is a new thread, as the old one was getting a tad long. Trained advisers from StepChange Debt Charity are here and waiting to answer your debt questions. They're a friendly bunch so please don't be shy! There are three ways to get in touch: 1 - Simply post…
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DMP mutual support thread part 13 !!
Welcome to the DMP mutual support thread Part 13 !! Here you can find help in starting and running your DMP, self managed, Stepchange, Payplan and any other DMP all welcome here, but we do encourage you to use a free service, not one you pay for. There is help on getting interest and charges stopped, how to start with an…
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Charging Order? The myth
I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…
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The Debt Free Roll Of Honour
Update December 2018. We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below. To read the most recent debt-free announcements click the double arrow above to head to the last page of the discussion Back to Martin's original…
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NEW POSTERS LOOKING FOR DEBT ADVICE - READ HERE FIRST BEFORE POSTING ANYTHING !!!!!
People post on this board looking for advice on many different debt topics. However its sometimes difficult to post in the right place, so, if you are wanting general advice from our panel of regulars on your debt issues, and how to go about solving them, you create a new thread using the big red "create new" button, top…
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Reclaiming money back from various payday loan companies
Hi all just wanted to share some good news regarding payday loan companies..... From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20. Early this year I saw all the news…
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In Debt and Wannabe Debt Free? first Steps to take are here, please read, then ask questions.
This thread provides guidance about some good first steps you should take if you are in debt and want to get debt-free. It doesn’t matter how big or small your debt is, or whether you are comfortably paying your debts and looking for advice on where to cut back further or struggling to cover your basic needs - we are here…
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Pls remember Debt-Free Wannabe's for support and help not judgement
Martin (Lewis) made the following announcement a few years back. But the link in the stickies is broken. Anyhow, here is what Martin said: "Dear Money savers..... Debt Free Wannabe is one of my favorite boards on this site. It's also one which runs a delicate balance. Many people who have serious debts have hidden them for…
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DFW Sticky-Provit/Statute Barred Letters, Defaults, Mental Health Help and Guidance, all here.
Debt-Free Wannabe Sticky - Please read for links to important topics and help Hi folks :) This is the Debt-Free Wannabe Sticky where links to all current important tools and information will be posted. Links: (1) Those who are new to debt, and want to know where to start, check out these first steps :…
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Statute barred debts and the Limitation Act
Statute barred debts and the Limitation Act Statute Barred debts. A debt will be "Statute Barred" if there has been no acknowledgement of the debt by you making a payment or in writing within the relevant limitation period. The debt would then be legally UNENFORCEABLE, unless the creditor has already taken legal action…
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Irresponsible lending complaints advice
Hi, I'm just looking for a little advice regarding my complaint responses. Virgin CC have refused the complaint so I've sent to the FOS. Barclaycard have replied to say yes they agree I shouldn't have had the last increase from 6k to 7k so have dropped the limit back to 6k and ive just received response from Castle…
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Credit Card debt issues
Hi all not quite sure where to put this post as it crosses different category's. I usually flip my CC's every 12 months from one promotional rate to another just paying off the minimum payment as its all i can afford with having 2 teenage lads now swinging the hinges off the fridge on a daily basis and the cost of living.…
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Communicating Change of Circumstances with Creditor
Good morning My partner and I are going to be splitting up this year and selling a jointly owned house. I'm going to struggle paying my credit card bills next month. I had my heart set on cancelling direct debits and starting saving for a DMP as they default but reading further threads some people have had success talking…
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British Gas have destroyed my partners Credit Score
Apologies for the long thread, but hoping for a bit of advice. My partner checked her credit report recently as she was having issues applying for a new bank account. We found late payment marks (totalling £1300) from British Gas every month since the start of 2025 for a property she hasn't lived in for over 15 years; this…
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Balance Transfer Card for Next Account
Hi all! I’m autistic so bear with me, I tend to just write things as they are in my head so I hope it makes sense to at least one person :D I’ve been pre approved a balance transfer card at 0% for 31 months with £3000. I’m wanting to use this to pay off my Next credit account faster which is at £3000, its interest is 24.9%…
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ACI / Updraft
Hello, I posted my first post last May 2025 mentioning I was approximately in £70k of debt due to gambling. Today, I am mentally feeling a lot better with my debts across 11 creditors at £57k so I'm immensely proud that the balance is going down. I did go self managed and found thing so stressful so I went with PayPlan for…
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Best way to allocate £12,000 between creditors?
Hi all, Hope everyone’s doing okay. I’m after a bit of advice on my situation. I’ve got a lump sum and I’m not sure of the best way to split it across a few credit cards to steady everything out. I had to leave my job and things kind of snowballed. I had two accounts on payment plans (Tesco and MBNA). Over the last few…
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Nationwide and ARC
Good morning all. I am just looking for some peace of mind. I have worked hard over the last ten years and reduced my credit card debt from around £48,000, now down to under £10,000. Most of this is with PRA who I pay £40 a month to but I do owe Nationwide just under £2,000 for a credit card. All of my debts dropped off my…
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Full and final settlement - Lowell
Hi all I got Lowell to agree a partial settlement for a defaulted debt. This was their email response to me. Is this watertight enough to not sell the debt on or do I need more from them before sending the money? Dear xxxx Your payment plan Balance £490.94 Agreed payment amount £200.00 * Thanks for your recent payment…
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Nearly there - What would you do?
Hey all, So my wife and I have been working hard over the last few years to become debt-free after many years of irresponsibility. We no longer have any personal loans or credit cards. We do have a mortgage and a couple of PayPal pay-in-3 agreements, but the figures are all smaller and manageable. The issue we have now is…
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Affordability Claim Win! Finally.
1 year 2 months and finally got my affordability claim win!! Never thought I’d get it sorted but it finally happened. November 2024 sent Newday my complaint which they rejected. I sat on it for 5.5 months thinking no point taking further to the FOS. They’d sent a massive lengthy letter explaining why I was wrong. It put me…
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Difference between sold and managed by
So I’m in the process of defaulting, I have 11 creditors quite a bleak situation with 9 of them defaulted. Also just want to thank everyone it’s been a tough old time of anxiety, regret, shame and quite scary so thank you for everyone who’s helped in any of my previous threads. basically PRA have 3 of my debts and WESCOT…
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Default
Self managed DMP. My first default back in November (noticed on credit file in December) was from PayPal however they haven't sent me any default notice or passed the debt on. How would you manage this? Await official letter to start payment plan or just start making payments to PayPal?
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First time taking the leap - can no longer afford my repayments - PLEASE HELP
Hi all, My unsecured debt repayments have become unaffordable and I would appreciate your advice on next steps. Background I am a self-employed contractor which means I earn a good wage while I am working, however there have been lengthy gaps between contracts where I have earned nothing at all. This, paired with vital…
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Help with Resolvecall! Debt over 6 years old
Hello all, Thanks for taking the time to read….. I have received a letter today from Link Financial stating a company called Resolvecall with conduct a visit to my house. The debt relates to a Barclays credit card. The card was opened in 2008 and I would say I probably defaulted between 2010-2012. Since I defaulted I have…
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How best to allocate £6k cash + £6k loan across cards?
Hi all, I hope everyone is well, I am hoping someone can help advise me. I want to know what the best way to allocate a lump sum across several credit cards to avoid defaults and stabilise my situation. I would truly be grateful for any advice and ideas. II had to leave my job and unfortunately spiralled and missed…
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Help required with large Persistent Credit Card Debt. Have had a recent first Default.
Hello Debt-free wannabe's, I am new to the Forum so just wanted to say hello first before posting anything in detail. Just wondered if you would be ok with me listing details of 6 of my credit cards and one loan? Thanks, M
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Natwest Drydens Solicitors help please
Natwest loan I defaulted on August 2024 - been waiting for contact to arrange DMP - have received letter from Drydens solicitors in January saying passed to them and threatening action. I made contact and filled in their income form and offered £45 - the loan balance is £17,723 This is now their response I'm confused, what…
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Help with self managed DMP please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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CCA Query - Statements sent to me (PRA Group)
Hi Back in December a I made a CCA request to PRA Group. today I received this letter and about 30 pages worth of statements. This debt is related to a Barclaycard CC. is this enough for them to satisfy the CCA request? I just wanted to double check as if it’s, I’ll need to let my DMP know to add them back. tia!
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Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.
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