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TPP StepChange
Hi All Over time, since my divorce, I have slowly been building more and more debt, mostly CC’s, short term loans, home shopping. I initially applied for a DMP with SC, but after some changes to my I&E, they say I don’t have enough funds to deal with the 23 (god 🙄) creditors. I only have £110pm available. So they have come…
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Debt and Job loss
Hi, Please no judgment, I am exhausted with worry and really dont need to be told how wrong I have been. Long story short- I have a senior job which pays well. Things have gone wrong in work and I think there is a real chance that I may well lose my job. Not a misconduct issue but more a performance issue in the business…
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credit card (aqua) selling to Link Finance
hi, I'm looking for advice. i have a credit card with Aqua, I've recently been sent an email that they are now selling my account to Link Financial Outsourcing. i know i have to wait for them to contact me within 60 days, however i have financial anxiety and questions. firstly, what does this mean? what can i expect from…
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Wife death - Please help with where to begin...
My spouse has passed away suddenly.. The house we live (+-£175k if matching the last sale on our street of a similar one) in is in her sole name with a mortgage of ca.£28k. She has a life insurance which hopefully will be paid off that will only cover the cost of the mortgage and funeral. Also she has a few debts,…
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Council Tax + Bailiffs. How to deal with this?
Apologies If this ends up being long but there is considerable context and history here. Background 2017 - I fell ill (cancer) and we had a new baby on the way. Pretty much ended in financial disaster. For several years we just tried to get by but ended up in this weird debt cycling with the council. The process is this.…
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New debt added to credit file from AGG - no idea who they are!
Hi, can anyone advise on what to do please. I am trying to clear off last few debts and rebuild my credit file and I have just noticed my transunion score dropped hugely so I was just looking at the report and it seems a new debt was added. It says September last year but I don't recall seeing it before and have only just…
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Consumer Choice
Hi Like most of us here im in a chunk of debt but starting to do something about.- Circa 35k Im self employed but the business is a partnership and i cannot risk this being affected in anyway I have spoken with Consumers choice about a DMP and who I have seen advertised all over the place and wondered if anyone has had any…
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Do I Need to Complete the Lenders Income & Expenditure Forms?
So, I've got several credit cards that have now defaulted. A few of the debts have been sold to debt buyers (Lowels and Link). Others seem to have remained with the lenders themselves (Jaja and HSBC). I logged into Lowels portal and was able to set up a payment plan easily for £20 a montth. But when I logged into Jaja's…
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Affordability complaints & DMP
Hi all, I am around £50,000 in credit card & store card debt. Have been fairly heavily in debt since I was about 25, am now 38 and a bit fed up with it so I've made the decision to default the lot and clear it in a DMP. I have a good salary take between £3600 and £5500 a month depending on overtime etc and would like to…
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Link Financial Full and final Settlement Offer Advice
Happy bank holiday Monday everyone, I have a debt with Link Financial which I have ignored for about 4 years. Before I contact them, can I check if anyone has had any recent success with Link Financial regarding a full and final settlement as I would like to see if its worth going down this route with them. Thank you
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Dealing with Marston
Hi All, Complete newbie here so bear with me! I had council tax arrears which were sent to Marston. I set up a payment plan and was paying £168 per month. All payments were made on time, in full. In December I had to take 2 weeks off work unpaid due to my daughter being ill. This meant that my income was much lower for…
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Which to pay off first
I have 3 credit cards with different lenders and swapped the balances round so they are now all on 0% for 9,12 and 18 months. The 9 month 0% has £1400 on with a credit limit of £4000 The 12 month 0% has £2100 on with a credit limit of £5200 The 18 month 0% has £3000 on with a credit limit of £3500 I’ve had a promotion in…
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Moriarty Law - JC International
I have received an email from moriarty law acting on behalf of JC international acquisition LLC for a scottish power debt at my previous property from nearly 6 years ago (august 2020) stating that l owe JC international money and they are acting on their behalf and offering me a 40% discount if l pay within 28 days. What…
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PRA Group- Barclaycard debt
Hi My husband had a debt with Barclaycard for £13k that was sold to PRA Group in March 2020. He has been paying PRA via direct debit £20 per month, he was for a while before B/card sold the debt to PRA paying £20. He didn’t have to change direct debit details or anything, this just continued once PRA took the debt on. My…
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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…
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Paying off DPP with Stepchange
Hello folks, I am looking for some guidance and advice if anyone has been in a similar situation? My ex and I are selling the house so I will be in a position to pay off my DPP. I have just under £30K which will be most, if not all the monies from the sale. How shall I end this? I've see on some forums/reddit posts, to pay…
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How successful is no CCA
I’m a long way off requesting these but it’s got me thinking in the days of technology how successful is it where a CCA can’t be produced? I ask this because I notice on some of my apps the CCA is there so I assume if couple of years down the line I request a DCA to produce one they will?
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Am I best saving cash rather than in the bank
I am going to save an emergency fund whilst I await the defaults but am I best saving this as cash rather than in the bank? The banks I am now using are not affiliated with my debts. Also my pcp ends in 2029 - I need a car for work so plan on saving the balloon payment which is £9K - around £220 a month. Should I withdraw…
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How to sort my debt out?
Hello, I am in debt on credit cards (x2) and loans (x3) to the tune of £10,500. I am paying around £450 per month to pay these off. I do have around £500 left after I have paid all bills and debts, so while I am not destitute, these debts have become a constant worry. I have tried to get a loan to consolidate my debts as a…
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Run out of options on 0% transfers due to the high interest rates, what do I do with my debt!
?Hi all, I have been running up debt on 0% credit cards since about 2015 when I returned to work after 2nd child. I think my total debt is about £10,000 or slightly more but it is spread out amongst various 0% cards. I also have overdraft but that is all currently 0% as well and I am saving up to pay back my HSBC overdraft…
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