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Link Financial - No CCA produced, but a possible issue.
Hi folks, So I have 2 debts with Link Financial, I have had a repayment agreement in place for some time now. I have sent the CCA requests for both accounts, and unsurprisingly got no reply. Now, from what I understand, I could stop making payments until they produce the CCA's, as the debt is currently unenforcable.…
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Redundancy & 44k unsecured debt - the perfect storm
Evening all, Posting my SOA and overview of situation and hoping for some guidance on next steps - apologies if this is repetitious, I've looked at different threads with many similarities (which is encouraging to know we are not alone) but each situation is unique and I'd really appreciate your advice. I was made…
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Looking at a DMP
As the title says. And excuse the long thread so here goes. Currently in around 86k of debt. Santander cc £10500 (2 missed payments) santander od £2058 (4 missed payments) Halifax cc £8500 (2 missed payments) lloyds cc £9849 (2 missed payments) Mbna cc £7142 (2 missed payments? Monzo loan £560 monzo od £1950 updraft loan…
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Debt collection letter from Capquest/Opos/Arrow Global
I have seen a few posts related to these companies, my husband received a letter from Capquest/Opos/Arrow Global chasing payment of an overdraft account on a Lloyds TSB account, he doesn't recall having an overdraft account but did have an account with them over 25 years ago. The total supposed debt is £101.81 with an…
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CCA Reconstituted Agreement enforceability
Hi long time lurker who has gained a huge amount of knowledge from the bored. I’ve searched the forum and can’t find a conclusive answer to this so felt I had to reach out. I’m in a self managed DMP. PRA Group bought my Barclay card debt. I sent them a CCA request flowing which they sent me a year’s worth of statements and…
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Large Debts - Will my plan work?
Hi guys, First time poster here, so please be nice! Just incase it is important, I am a 40 year old male with NO assets. This will likely be a long one, but I want to make sure that you get a clear picture of what has happened so far, then my plans for the future. So, the problems started when my limited company began to…
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In desperate need of help and guidance please!
Hi all, So I have spent weeks reading through threads on here and learning as much as possible to try and help me figure out the best solution to my ever growing debt. I’m in my early 40’s and seriously cannot remember a time in my life yet where I’ve not had some form of debt or an actual decent credit rating. It seems as…
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New DMP - Natwest / FairfaxDrydens advice
Hello fellow DMP'ers Following a recent divorce, I realised late last year that I was unable to continue servicing my debt payments and decided enough was enough and that it was time to kick off a self-managed DMP plan (for the second time, first DMP was a good ten years ago). I have set up the DMP following the advice on…
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Resolve call & ACI help
A couple of weeks back we got a knock on the door from resolve call (I've not received a letter from them so not sure what company it was for). I have recently had a letter from ACI informing me that I've a debt for 800 and that someone from perch verify will be knocking on the door. Now I've not had anyone knock on my…
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Default
Hi I have been reading the threads and I see it is advised to wait for payment by a to default but I don’t understand why ?
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Newbie...£60k in debt... light bulb is on!
Hi all I have been reading many posts over the past couple of months which have been incredibly helpful. I have had my light bulb moment. £60k in debt (credit cards, payday loans, bank loans). Not for the first time, sadly. I have been able to get out of this level of debt before as a result of redundancy payouts and…
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Debt help-CCJ
Hi, I’m trying my hardest to clear my debts. Most have now dropped off my credit file- I’m assuming that I can now forget about these? I’ve paid off others that were not due to drop off the file and waiting for them to be updated. But, I have a CCJ that was granted Dec 21. I had no communication regarding this as was added…
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A quick query about a loan
Just hopping over from my DF diary with a quick query for the very knowledgeable people over on this part of the board. I'm plodding along working on paying off my debt, one of which is a loan with APR of 12.3% (interest is added monthly). I am meeting payments and have not missed one ever. Current term in 46 months to go…
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Slowly giving up - advise needed
Hi All! I'm around £33,000 in debt at the moment, 3 loans and 2 credit cards. Barclays loan - 15300 MBNA - 7300 Tesco bank - 7500 Vanquis bank cc - 1850 Lloyds cc - 580 My monthly income at the minute is around £2900 and my partner's income £1000. Total repayments are over £1200/mth After all essentials and debt repayments…
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ACI debt collection for something I do not recognise
Just received a letter from ACI regarding an outstanding credit card debt with HSBC for over £6K. I have never had a credit card or an account with HSBC. My credit record is spotless and nothing like that shows on Experian. What shall I do?
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How to stop letters going to old address (running debts to SB, abroad, using UK Postbox)
Hi all — hoping for some advice and to sanity check my plan. I have several old debts (mainly credit cards and loans — Cabot, PRA, Barclays/Barclaycard). They all defaulted in June 2022, so I’m halfway to them going statute barred (England). I’ve made no payments or written acknowledgements since default — I’m deliberately…
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Mortgage application
If in the future I wanted to apply for a new mortgage/remortgage once the 6 years are up and defaults dropped off….even if I still owe balances do I have to declare them on a mortgage application as they would be no longer on my credit report?
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Debt Advice Needed
Good Evening All, I am looking for some advice as I have got myself into a bit of a mess. So following divorce a few years ago, I found myself getting an addiction to gambling and its basically consumed my life for the last year and has got me into debt in the process. I have decided enough is enough and I need to stop, I…
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Some advice on a DMP
Hi All, I have been researching potentially going on to a self managed DMP for a few weeks, reading threads etc. I am utterly ashamed and embarrassed about my situation. I flip between feeling like a DMP and trying to chip away at my debt. Realistically though, I know the latter is probably not possible. It has been…
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I’m £50k in debt Scotland
Hi folks, I know this is all my own doing but after a difficult divorce I bought a small house that needed some work. To cut a long story short I now have 8 credit cards, with £17k of debt, most of which is on 0% for a year. I have 3 loans, one with 8k left, one with 7k left and one with 19k left. I earn £50k a year, I can…
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