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Best way to consolidate a loan and credit card into one payment?
Hello all, Pretty much as the title says, I've got a loan and credit card debt I'm repaying. I'm wanting to consolidate these into 1 payment. I was looking at 0% balance transfers, but I understand that you can use them on a loan. I'm wondering what my options are?
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Freedom Of Information - Debt Companies
Hi Everyone, is it possible to find out how much a debt company like Link Financial/Lowell etc bought a debt for using Freedom of Information Act? Thank you.
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Long-term Debt plan full and final payment advice
Hi all, thank you in advance I’d really like some advice as a bit unsure what to do.Long-term Payplan DMP (many years). Currently owe £7,400 total across:• Cabot Financial: • Moorcroft / PRA Group UK:• Lowell: lowest amount Paying £120/mth interest-frozen At this rate, clears in ~6 yearsHave lump sum for ~50% settlement…
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affordability complaint...when to submit
Apologies if this has been mentioned elsewhere but was just wondering if there was a best time to request affordability being looked at? Is it best waiting until the debt has defaulted and sold or to put the complaint in straight away. I have a number of credit card debts and am now going down the route of building up a…
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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…
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Debt Collection Help please
From fcldebtenforcement@gmail.com (Left sender name out) Quote Reference – [Reference redacted by Forum Team] Good Morning, Julian, My name is ?????????, and I’m contacting you from the Goods Removal Team at FCL Debt Enforcement. This message serves as an urgent notice that we have received a legal instruction from your…
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CCA request - unable to provide but chasing for money
Hi, I sent a cca request to wescott regarding a loan from 2015, the bank then sent a letter (via wescott) to say there is no cca agreement, I then had another letter saying as the loan is so old they can't provide a cca agreement under GDPR and that the loan still stands and I have to pay and as its GDPR the loan remains…
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Money Moral Dilemma: Should I pay off son's debts for a second time?
This week's MoneySaver who wants advice asks... My son moved back in with me after splitting from his wife eight years ago. Now two of his daughters live with us too, and he has just quit his job as the hours didn’t work with childcare. He owes £20,000 to banks and credit card firms. Do I give him the cash to clear it?…
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Home Visit Letter from LINK dated 25th November 2025 for Unenforceable Debt
Hi guys; I received the attached letter from LINK on 25th November 2025 stating they are potentially going to pass the account to their "Reconnections Team" who will asses the account for a "HOME VISIT" to my house. Long story short [and detail of the background of the debt]. The history of this debt is that I have it in…
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Debt and illness
Hello all, I am looking on advice on how solicitors should deal with someone who told them about pre-existing medical conditions. Basically I took a loan out with my bank, have taken out loans before and paid back. The loan I ended up falling on was a £30000 loan, I made repayments for over a year and then life went down…
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Newby wanting advice on debts please
This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.
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Writing to creditors individually
Hi, I am currently, after advice from Business debt line, contacting my creditors individually and asking them to freeze interest and consider wiping debts off. I am also awaiting my Dr completing a DMHEF due to mental health issues. My debt is personal debt, but as I also have a small business I needed to go through…
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Affordability complaint rejected, good will gesture offered
Hi, One of my affordability complaints to Abound has been rejected. I've had a mixed bag of replies so far in general, some accepted and some rejected that I've escalated to the financial ombudsman as I feel I have a good case, this one I'm unsure of though given there response and the fact they've offered something in way…
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CCA / StepChange Sanity Check
Hi, thanks for reading! I’m just looking to sense and sanity check and make sure that I’m on the right path and doing the right things. I’ve lurked and gleamed a lot of information from this forum over the months and found it so incredibly useful. I’ve been in a DMP with StepChange since May 2021, this is for four separate…
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DCA chasing business debt under personal guarantee
This discussion was created from comments split from: Help with a Capital on Tap guarantee.
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Moved: Alternative living to escape the rat race....
This discussion has been moved.
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Self managed dmp process questions
Hi all, Following advice I received on here a few months ago, I cancelled all 17 of my debt direct debits and stopped payments. So far, four accounts have defaulted. I’ve been monitoring my credit file to confirm each default before making any payments to the collectors. Of the four that have defaulted, none have been sold…
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Financial Ombudsman not upheld complaint
I have heard back from the Financial Ombudsman & they have not up held my complaint against Zopa loans. In his reasoning the FO claims my debts totalled £28k at the time of the loan being taken. In actual fact my debts totalled £42k. I learned during an argument with a different loan company that my three Updraft loans…
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Orphaned Plan 2 Student Loan
I posted this question once, but maybe it could get its own thread, as it might be overlooked in the existing thread, which is already a year old. I'm a Plan 2, former PGCE Student, with a student loan. I failed that course. I did a degree course first. I am 61 and don't plan to try again or go back to work. What happens…
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17 year old debt, token payment and sudden threats from debt collection company.
Hi all, My brother took out a loan around 2008 and a few months after suffered an accident which left him disabled and unable to work. My mum took up the mantle to prevent him getting CCJ'd by paying £1 a month to Cabot. Which she's been doing ever since via standing order. Apparently, they have sent letters periodically…
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