-
Debt help. Unsure on what to do
Hi all, I've had a read through the forum and can't see anything like my particular situation. I've read up on consolidation, IVAs etc.. Quick version. I've been self employed/company director for 20+ years. No debt. No loans. With no debt I found it hard to get credit. I opened a new business in a different industry and…
-
Dealing with £39K debt
Hello all, I built up debt over probably the last 2 decades, sometimes paying off, but then getting more credit. As the years went on and my wages increased I ended up taking out larger amounts of credit feeling I could handle it as I was always making the payments each month although increasingly this became the minimum…
-
Help on opos issues .. is it a scam 🤔
Hey 👋 Im having issues from OPOS having letters and emails saying i owe money but have never used this company or had anything from them via a credit company I've sent 2 x prove it emails and keep getting this back from them ...... Hello Thank you for your email. We are contacting you on behalf of one of our clients who…
-
Advice Needed with Cabot Financial
Hi, I'm new here and need some advice if possible. I've been reading as much as I can but I'm confused about what to do. I have summarised and, hopefully, added the info needed below: Credit card with Santander - last payment was made 2 Jul 2019. I have a default showing on my credit report (no balance shown) as registered…
-
Old debt resurfacing
Hope someone can advise. I am currently in contact with Lowell regarding outstanding debts. There are three of them. One is a shop direct account they have agreed verbally is statute barred and told me they will close this. Another which is around 3 yrs old for which I have set up a payment plan. They have also told me…
-
Lantern
Hi, I'm Looking for advice please. I've been getting bombarded with emails and letters from lantern, who say the acting for perch and are going to give me a home visit to discuss payment of a loan I had with Sunny for £439 years ago, will I need to speak to them, any advice would be great...thanks
-
PRA (Barclaycard) debt
Afternoon all, I have had a read through a lot of the topics and it’s a great resource and full of great advice. I’m hoping for a bit of advice with my situation. I got into a bit of trouble back in 2018/19, leading to missing payments and subsequently defaulting on a few credit cards and a loan. I have since paid off all…
-
New mortgage deal during DMP
This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.
-
Debt recovery
Hi purchased motorcycle in May, I had received an over payment but unaware of it. I received debt recovery emails/phone call but no contact from Superbike factory. I had blocked them because I was getting so many emails selling me bikes. I would have thought I should have received a formal posted letter, any advise would…
-
Update: Irresponsible Lending Complaint Against Amex – Refund of interests and charges
I raised a complaint against Amex for irresponsible lending, and the investigator has now issued their draft decision. They concluded it wouldn’t be fair for Amex to refund all interest and charges dating back to September 2017. Instead, they’ve recommended that Amex: • Refund all interest and charges from April 2019…
-
Where to begin/realistic expectations
Hi forumites! I’ve been in debt for as long as I can remember and have wanted to pluck up the courage to do something about it for quite some time. I believe I am in what constitutes as a ‘debt crisis’ (debt slowly increasing without being able to reduce it). I’m hoping for some advice on where to start and to manage my…
-
County court claim for old credit card debt?
I understand its quite rare for this kind of debt to be pursued in this way? not really sure what my options are, am I able to negotiate an arrangement and avoid court? Thanks p.s this is an ancient debt, and relates to old posts
-
Creditor offering 40% settlement deal
Hi, One of my past high risk APR credit card debt collector has contacted me about a one off settlement figure on next payday and having the credit file marked as partially settled which I really do not mind and hopefully prevent me getting into trouble again in the future, just they want an income and expenditure form…
-
Advice for no debt solution
Hi I posted in the wrong thread but just looking for some advice about a debt solution and guided over here I completed a DRO application with money wellness but the advisor didn’t submit it as he said my salary sacrifice car lease would make it unsuitable due to the cost. The cost is £579 but actual cost to take home is…
-
Finally Come Clean
Hi all, So I have finally come clean to my other half regarding my debt. Not the full extent, as I am not ready, but I will be with time. This is due to a gambling addiction, for which I am seeking help. I have signed up to gamstop & intend on making an appointment with GP. Naturally he is upset, disappointed & things are…
-
Claim form received from Kearns Solicitors
Hi Forum, I have received a claim form from Kearns Solicitors acting on behalf of LC Asset 2 SARL. This concerns a hire purchase agreement for a vehicle I took out in 2016 but due to unfortunate circumstances I had to default in 2019. The original debtor was Moneybarn but I think the debt has changed ownership a few times.…
-
Consolidation
Looking for some on advice on whether a loan or a cc is best for consolidation?
-
Complicated (and stupid) renovation debt scenario - desperately need some advise
Stuck in a tricky spot and feel our next decision could make or break us financially... In 2023 we bought a house which needed a lot of work to get it to where we wanted - in hindsight this seems stupid as it was our first house. We had a small pot of savings to start us off but this quickly ran dry and since we've been…
-
Completed SOA, don't know what to do?!
Sat down with my husband yesterday to finally start facing up to our debt issues as we've been burying our head in the sand for a long tim! Bit of background - July 2024 we took out a second mortgage to consoldiate some debt from building work that went well over budget, the amount was affordable and freed up some funds…
-
Outstanding credit card debt - now in a care home.
Good Afternoon, A family member of mine has moved into a care home. He has little income after fees et al, no savings and a 12k credit card debt over 3 cards. He tells me that a family member has phoned the individual credit card providers, explained the situation and has their agreement to cancel the debts. To me, this…
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 AntoMac
Today at 7:24AM
