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0% interest rate withdrawn
Good morning I've not been here in a while. Life got busy but I am digging my way out of debt slowly but surely. My mental and physical health are still poor, I remain on numerous waiting lists. I have told them before that I have long-standing mental health issues and am awaiting an autism assessment and these both affect…
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Is defaulting my best option or should I ask for breathing space?
I’m devastated that I’m writing this, but I think I’m going to have to default on my credit cards as I’m unemployed and about to run out of money. 32, f. Was made redundant six months ago, had a severe mental breakdown/psychotic episode (not related to the redundancy), took a break, have tried to get a job for the past few…
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Affordability complaint
Silly question I’m sure. How do I make an affordability complaint to Barclaycard and MBNA? Thank you
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91k in Debt and don’t know where to turn
Hi all, hope you are all well. I have found this forum and have been reading some stuff which have helped me a little bit. As you can see from the title I am in huge debt 7 credit cards practically maxed out ( 42k ish)5 loans and two overdrafts. I have a house worth 250k with £168k left on the mortgage. It was a build up…
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Switching broadband provider
I have been with BT for donkey’s years for provision of my
broadband and landline (yes, I still use a landline). My current broadband is rubbish with a download speed of about
31 Mbps I cannot get any faster because of the infrastructure – I have
part fibre and aluminium cables from the cabinet. We haven’t even got copper…
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They thought I was dead...
So, a few weeks ago, I had a Section 87 notice from Virgin
Money dated 3rd April. The default is still not visible on my credit report, 6
weeks later. I received what can only be described as an ‘unusual’ letter
today from Virgin Money. It was addressed to my ‘representative’ and the contents of
the letter referred to…
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DMP or arrangement to pay?
Hi, Just wanted some advice, what is better to do - 1) Let debts go to default and arrange DMP 2) Make agreement with creditors for an arrangement to pay as I have not missed any payments yet
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PRA Credit agreement received
Hi all, I have a long term debt from 2016 originally with Halifax and PRA purchased this in December 2023. In February 2024, I rejected the credit agreement which they prompted provided a scanned bank copy, disheartened I continued to pay the debt down every month disgruntled knowing the paid pennies to the pound for the…
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DRO partner has a mortgage
Hi I’m looking for advice/ reassurance regarding a debt problem. I am currently 1 year into an IVA however after having an accident my circumstances/ situation has changed and I am struggling to make repayments. I now believe I meet the criteria for a DRO however after speaking to moneywellness today on the phone they have…
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Moved: IVA and mortgage
This discussion has been moved.
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CCJ on my credit file ,is it right ?
Hi , long story short i got into money issues during covid after losing my job but been working through it getting back on top ,however i got a letter from a solicitor chasing me for a credit card debt of £ 8000 ish and taking me to court over it , 1st they had been in contact with me regarding it , they included a payment…
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Affordability complaints?
In 2017/2018 I was living in my 1500 hsbc overdraft, maxed out on my hsbc credit card and got a loan with hsbc to pay those off and cover day to day life.I then consolidated and got a bigger hsbc loan - 18k which then meant I had more payments to make each month, I got a 4500 mbna cc followed by an aqua card where the debt…
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DMP Newbie - Help please!
Hi all, just looking for some advice please on a DMP. I’ve read through many of the threads on here which have been great and have helped me understand that I can get myself out of this bad situation. I just want to clarify a few things. * I understand it’s recommended to default before entering a DMP, to build up an…
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Full and final settlement - option removed for fully satisfied.
Hi, I am in discussion with moorcroft group to attempt to settle an account with them. I VT’d my car last year, but was hit with a bill afterwards. The balance is £5700, I was sent an offer by the original creditor in January for £4K and the account to be marked as satisfied, however I was not in the position to make the…
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The mental side
As the title says, how do people deal/cope with the mental side. I’m at the beginning of the journey 1st/2nd missed payments. I take responsibility for the debt although life’s dealt some tough hands which is a lot of it. But how to people deal with the idea of ruining your credit for 6 years? I’m saving the emergency fund…
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CCJ advice required please.
Hi, A messy situation, but I'll keep this as concise as possible, as I respect and value the help you guys provide. I would appreciate your help please. Having gone through financial failure/divorce, loss of child, loss of job, severe depression, had to walk away from the UK in 2018 and moved abroad (South America)…
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Mortimer Clarke chasing after many years
Many years ago ( about 2007 ) I got into trouble with a Marbles credit card and ended up with a Ccj ( I think this was between me and HFC - who owned Marbles ) for about 8k ( no judgement please I was in a terrible place ). As I was in a terrible place ( drowning in debt with an alcoholic husband who drank most of our…
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DMP Help
Hi I am thinking of starting a DMP and am in the process of doing my SOA but have a question first. My unsecured debts are currently around 9K and I have a car on PCP finance in my name, however my wife pays the monthly payments. Would having a DMP affect the PCP agreement as the payments are up to date and my wife is…
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Barclays and Nationwide
I’m sure they are not…..but reading something on line I just wanted to be 100% sure….. are Barclays and Nationwide linked? My Barclaycard is going to default and I want to use nationwide as my main account going forwards. Thank you
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Need a Hand Hold…
Evening. You may remember I posted a thread a few months back whereby I finally faced up to almost £100k of consumer debt, accumulated after years of IVF treatments. I’m now in a position where I’m waiting for defaults. Two have been issued and sold on and I’m paying £50 a month into each. Waiting on the rest. After months…
A place for MoneySavers to share their journeys towards debt-free living.
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Most recent: YNAB robber needs help to execute the plan by Wanna_Bee_Free
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