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ACI Acting on behalf of Castle Community Bank
Hi all, Two of my defaulted loans have been sold to ACI, and I’ve set up a small monthly standing order to pay towards them. ACI are also acting on behalf of Castle Community Bank for a third loan, which has now defaulted but hasn’t been sold to them. I’m wondering whether there’s any reason not to start making small…
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I just wanted to say how proud of us I am.
We had massive debts - about 60K around 2.5 years ago - Managed to get it all but 3K on 0% interest free for 30-36 months and now we are down to 6K with 18 months to go.. Paying off about 2.5-3K a month so won't be long. We are not struggling either - suprised how much we have to clear the bills and I even manage to still…
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At breaking point
Hi all - I am finally facing my debts head on and want to take meaningful action. I'm at my breaking point, my mental health is suffering and I have never felt anxiety or stress like this before. I'm looking for some advice on what the best option is for me. I have completed a SOA which is showing a monthly deficit - will…
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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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Disability & Unsecured Borrowing
To lay out the facts. Aged in 50s, forced to leave work last year due to declining health and stubborn employer. Live alone, I have recently been placed in the support group for ESA. Only 3% of people ever return to working from this group. it's highly unlikely I will be one of them, given my health issues (physical). I…
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yet another Intrum case
I am yet another who has been affected by Intrum chasing debts they are not allowed to enforce. I had a number of debts that became statute barred many many years ago and Intrum seems to have purchased them all over a period of time. It is the same cycle that I have seen others post on this forum after considerable…
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60k and counting...
Hi everyone, I’m posting because we’ve reached the point where our £60,000-ish debt is becoming completely unbearable, and I think we need to be brutally honest with ourselves and get some outside perspective on what we should do next. Our money problems really started towards the end of 2024, when my wife was made…
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What would you do…..
I’ll keep it short and sweet! We’ve been given 7k unexpectedly as inheritance money - which we are incredibly grateful for. We have 7k worth of (interest free) debt on a credit card. I want to clear the debt! My husband (who relative kindly left this money to us) is worried we will clear the debt and get ourselves into new…
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IVA query, doubts...helpful advice welcome
In a nutshell hoping for a bit of advice from those in the know. Credit card debt, at stage of vicious circle paying minimum payments. Had hoped for a loan to pay off cards but nothing doing there, credit history appears poor due to now renting and although always paid my way on time i am just in too much debt. Oh a whim…
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Is a debt settlement worth it for the partial settlement notice on a default?
I've been in my DMP for 3 1/2 years now, started with 22k, 16k has been paid off in that time. So in addition to this and a separate account I ended up defaulting on afterwards, I have about 7.5k to pay down. I finally decided to tell my parents about this and have offered to help using money they had saved for a house…
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Thinking of entering into an IVA - advice gratefully received
Hi All, I am looking for some advice, I'll be talking to Payplan and/or National Debtline too, but figured it couldn't hurt to ask here as well. Here is my situation: I have about £20,000 worth of debt, Credit cards, loans, store cards, you name it. I got into this situation after my wife became ill and was unable to work,…
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About to begin a DMP with £53k of debt.
Hi everyone, I posted a thread a few months back discussing my financial difficulties and the solution was to hammer my credit cards before the interest periods started. Whilst I have tried to do that, our mortgage has now gone up an additional £300 a month and we have had to replace our car. The interest free periods are…
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Hopeful this will lead to a productive outcome.
Context: I left a marriage and the family home to create a new nest. My house of potential dreams has become a house of horrors financially - every problem that gets fixed uncovers more problems not known about, by the RICS2 survey or nest restorations. Financial separation and independence is not resolved, and the…
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Cabot-mortimer clark
Hi is it possible to ask if you have a county court judgement from 2016 but not showing on my credit file 1) is it genuine 2) is it still liable any help please
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In debt trouble and would appreciate any help
Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... Number of cars owned.................... [b] Monthly Income Details[/b] Monthly income after tax................ 2160 Partners monthly income after tax....... 0…
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What to do about loan debt
Hi all, I currently have a few debts which have been a real struggle to pay back. I won't bore you with the details unless you ask, but to sum up the situation: 2 credit cards (AMEX, Lloyds) 10k 1 loan (Lloyds) 18k These are personal debts. I do have a LTD company debt as well but as that's not under my personal name, I'll…
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Mortgage free soon, then what?
On 30th Nov, this year, my 5 year fixed rate deal of 1.14% runs out on my current mortgage deal. The balance will be £24,400. The payment has been £822 a month. We have also been putting aside around £1200 a month into premium bonds that we've used for the annual 10% overpayment. This has also been building nicely and we…
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Debt and Employment
So, I am currently in a DMP with StepChange and have been making regular payments to reduce mine and my partners £35,000 debt since May 2025.
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Finally cleared my credit card balances... but now what next?
Today is a big day as after much planning, scraping and changing of habits I finally paid the last of my credit card balances off! This means that as it stands I have 7 active cards with just over £15,000 available on them. I realised that although I have spent a great deal of planning and fretting on how to get the…
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DMP Advice
Hi all, I'm currently in the process of a DMP with stepchange. Total debt is 33k across credit cards & 1 overdraft. 1 of 4 has accepted the DMP 1 has declined and no reply from other 2 as of yet. I spoke to stepchange this morning who advised me to close my bank account with the overdraft as I can't have an DMP with one.…
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Most recent: Awesome August's No-Spend Day… by beanielou
26 August at 11:36PM
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