-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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 :…
-
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…
-
Has anyone actually been taken to Court by TM Legal or had them threaten to on Statute barred debt
I have learned a lot from this forum so thanks to all. This time I seem to be experiencing a similar issue to others of Statute Barred debts being bought up, At first it was an old MBNA debt that became Statute barred ages ago, I means 15 years maybe It seems the cycle for each debt is as follows MBNA (replace as…
-
Finally credit card debt free
Been a while since we were credit card debt free but today I can say it. We changed the way we do the finances. Now my husband pays the bills as its easier to transfer from his account to the joint then the remaining goes to mine so I can withdraw the cash budget for the month then the remaining funds went to the credit…
-
Advice needed
Good evening. I have been a very long time lurker on this site and I now find myself needing advice. I have around £30K of credit card and loan debt; 11500 with Natwest £1700 to Capital One £2500 to NewDay (Fluid) £2500 to Vanquis Loans: £4888 to lendable £6590 to Zopa This month is the last month I can make all minimum…
-
When Should I Start Paying?
I've been reading this forum for months as I start my own self managed DMPs to handle my credit card and loan debts. The key seems to be to wait until a debt defaults and then set up a payment plan asap to avoid any chance of CCJs. Vanquis defaulted on my credit file last month and I received a letter from Lowels saying…
-
Debt repayment rules
I have three non-priority debts that are 16-years old. Total debt £16,400. I have had a repayment arrangement since then for £1 pm to each creditor. This arrangement has been trouble-free. I have now had an offer from the largest creditor (£8766) to pay this off at a substantially reduced amount (£3507) by December 11th. I…
-
PRA
Is it normal for PRA to become more persistent the closer it gets to your default falling off credit file? I’ve had a debt (currently £1020) with them since 2020 it defaulted in Dec 2019 and the last 3 months I have had non stop letters and voicemails asking me to contact them. The letter yesterday said I had until the…
-
Pastdue credit solutions
Hi all, hopefully this will be an easy one to resolve and you’ll all reassure me that I have nothing to worry about. I’m a man and I have never purchased anything through Tesco Mobile, subscribed to any of their services or used them for anything. But despite this, I keep getting text messages from Pastdue, addressed to a…
-
Urgent Debt Advice
Hi all, new here so thanks for accepting. I am looking for advice please. I have around 35k debt and looking for best advice to clear. I am working full time and have no assets (no car I own or house. I live with partner and have a baby. The house is a mortgage in my partners name only and I just contribute towards bills…
-
Protected Trust Deed / Debt Arrangement scheme advice
Hi After weeks of sleepless nights I am finally admitting defeat that I can no longer afford to pay my debts. I had a look at stepchange and their advice came back at either a trust deed or debt arrangement scheme (im in Scotland) I owe £50k in total though £20K of this is a car pcp which runs until March 2029. i…
-
Received court claim for a statute barred debt (Cabot / Mortimer & Clarke)
So I received court claim documentation for a defaulted debt from around 9-10 years ago. Mortimer and Clarke "solicitors" have recently started hounding me about it and sent the claim through the other week on behalf of Cabot Financial. I have never paid a penny to Cabot Financial towards this nor ever admitted liability…
-
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
-
Link financial declined payment offer
I made a monthly payment offer to Link. It’s low but all I can afford. They declined it. I’ve since gone on and done their budget tool to prove it’s literally all I can afford. Can they do anything/take action? Life and circumstances have changed, I know I owe the money I just can’t afford more right now. Thank you
-
Debts and DV
Hi, it’s been a while since I’ve been on here but I really need your help. i have recently ended my marriage which included physical, emotional and financial abuse. I have been in contact with CAB, they say it will be hard to get any write offs due to financial abuse but they will try. My husband was in and out of work and…
-
Credit card debts
Good evening, Firstly thanks for taking the time to help. I am trying to improve my financial situation. Over the last 8 years we have accumulated a significant amount of debt. Total at the moment is around £30k which is majority on 0% interest credit cards. A smaller amount of 3k is to a family member. We have recently…
-
New here and considering DMP without my husband knowing
I’ve been lurking and reading for a while now and it’s been hugely reassuring to read everyone’s journeys and advice. Stepchange have recommended a DMP for me, I am however hoping to keep this from my husband, not only because he doesn’t know the mess I’ve got into, but because he’s really not in a good place with his…
-
Received a court date for parking charges after following advice on this forum... What's next?
So, after following the steps posted on the stickies here on MSE and following various advice and doing everything required. Here I am with a court date for a parking charge. I am now asking for advice on the nest steps with telling Euro Car Parks Ltd to F off. I imagine they will not want to pay the £27 to risk losing and…
-
do I pay off one debt first or do I try pay them off altogether
I have two out standing debts - EE which is £837 - ACI - £2600 I am currently paying £150 towards each of them. I have worked out my finances for next year and could possibly pay £200 towards each of them till paid off. my partner suggested i focus on getting one paid of first instead of attempting both, but I would really…
-
Moved: Reset 2026
This discussion has been moved.
-
Overwhelmed by debt - Progressing down Default and DMP route - Advice and help needed
Hi, I've not had a good relationship with credit and debt throughout my adult life, initially starting around 15 years or so ago when I got into a catalogue and payday loan cycle following me and my now wife renting our own house and having children quite young and not knowing any better. We got out of this with the help…
-
Persistent debts built up, 0% periods ending on cards mean its unaffordable - DMP
Good evening folks, I did post in the DMP thread but figured this is possibly worth having my own thread for, so here goes. This month is when I finally stepped back and took stock of my financial situation. Total unsecured debt is circa 70k across a couple of loans and numerous credit cards. I've been managing fine until…
A place for MoneySavers to share their journeys towards debt-free living.
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.
1.2K discussions
415.3K comments
Most recent: Payment a Day - Chapter 2025 by LittleMissDetermined
Today at 7:37AM
