-
Lendable - we’ll visit your home next week. What next?
Hi, started self DMP and waiting for loans and cards to default but only been 2/3 months yet so none have yet. I have 2 lendable loans and missed 2 payments on both. Had no phone calls just a weekly email and weekly text. I have received this letter below. I’m presuming with them saying wont take payments they aren’t…
-
CCA Statement of account?
Hi all please can you help? I sent cca requests at the end of March. Link sent a hashed together agreement with the wrong address and no statement of account. This was for a credit card. I thought that to be compliant they needed to send a statement of account to include what was taken out, what is owed and what…
-
Searching for a Debt Free Happy ever after
Morning! I've been reading some diaries and lurking for a while and am taking the plunge to make changes for my family and to get debt free. I don't want to make too many excuses but at 40 years old need to start to take charge. I'd really love help and advice too with how to tackle things. I have a gorgeous husband and…
-
DMP, defaults and mortgage renewals.
Hi First time poster, lurking solidly for last few monts. Have £34,000 of credit card debt over 5 cards. Have been mostly getting on "ok" for last 20 years, mostly bouncing on 0% offers, never missed a payment or been late. All 0% offers seem to have stopped though Tesco and Virgin have offered for 10 months both are…
-
Is defauting on loans the way to go?
Hi all, I have several debts that, along with my priority bills, leave nothing to be able to do either snowball or avalanche approacahes, as there is literally no available cash, and if anything, I'm now dipping into my overdraft regularly. I have decided to default on two loans - one for £9k, and one for £5k, of which the…
-
How long after stopping paying do I have to save an emergency fund
Hi guys quite daunting for me at the moment as I have 25k debt and I have stopped payments just this month. My question is how many months do I have before I should set up a dmp? I want to save an emergency fund, I was thinking like 3 months that will let me save about a grand. I’m a bit worried about it all now like the…
-
Time taken from INTRUM to Perch ACI to Perch Verify to Perch TM Legal on Statute Barred Debt?
As I have mentioned before Intrum bought up a load of Statute Barred Debt, it would be totally absurd for them to even attempt to pretend that they did not know that it is Statute Barred and I am preparing a nice little file for for the FCA (widespread practice) and FOS to hopefully finally get the FCA to withdraw the…
-
DMP - is that it?
Been reading a long time some wonderful advice on here which directed me to Step Change and a DMP. It definatley feels the rights step. Just seems a bit strightfroward....do I just cancel by DDs and send my payment to StepChange and thats it...????
-
Lowell want partners earning details?
Hiya, do I have to give my husband's financial info to Lowell? It's for a debt that defaulted in 2020, solely in my name, husband is not happy with them asking for his information when the debt is only in my name. He works, I am a carer for our autistic son and don't work, also with my own disabilities, so my personal…
-
Full and final settlement help thread
Hi all Am currently trying to negotiate with debt collection agencies, to get them to accept a full and final settlement figure. Does anyone have any tips on persuading them to lower their demands? Thanks
-
DMP or not to DMP.... that is the question.
Hi everyone So like most on this forum I need some advice around debt and what to do with them. I work full time and am on a fairly good wage but instead of enjoying this, I was an fool a few years ago and spent more than I earnt, I did however have a very very good time :smile: So I have completed a SOA off Lemonfool…
-
HSBC credit card default question
This relates to my existing HSBC Credit Card that went in default Sept 2022. Mar 2024 During a review I informed HSBC I would stop paying £50 pcm towards a previously agreed plan. My circumstances had changed and I could no longer afford the previously agreed payment. (payment was goinmg towards increased rent) March 2025…
-
Laying it all out is scary but I know I need to make a change…
I’m sick to death of being sick to death. Through a number of really dumb decisions I’ve found myself in a rather significant hole. I take full responsibility for ending up where I am and absolutely will get this sorted once and for all. I’ve not only had my lightbulb moment, the bulb has smashed over my head! I’m going to…
-
Being Chased for a really old debt(s)
Morning All, After a little help. A few weeks ago i received out of the blue a txt message from a company call Perch Verify stating i must con tact them, it had a reference number on it and thats it. Assuming it was span i ignored. I then last week received as letter from them claiming to act on behalf of ACI and debt…
-
Amex refer debt to NCO and now Brachers LPP
I have missed payments since January 2025 with the view to defaulting. Amex referred the debt to NCO in April and I ignored their calls and emails. I had a random call from Brachers claiming to act on behalf of Amex. They asked me if I could make payment and I replied that no but they should send any correspondence to me…
-
Lease payment for solar batteries
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
-
Help with whether to contact Debt Collectors at this point?
I was away for the week and kept getting phone calls and emails from Advantis Credit. I blocked and ignored them. But I’ve just got home to this post. There is no default showing yet on my credit file. Do I need to contact Advantis Credit yet and start paying? Also, I have this last week: ~Lloyds Bank CC default now…
-
Unsure of the best route
Iv currently got a 20k novuna personal loan witch is currently in arrears due to me going on a PP Iv had a family memeber offer the money to pay the debt off but what route can I go down as it’s giving me a settlement 22k or with the loan and arrears they are asking for 28k overall it’s nearing defaulting but will it be…
-
setting up payment plans
Do you have to provide details of Income and expenditure when setting up payment plans, I mean are you obligated to? Specifically, I had a Zopa card which an irresponsible lending claim was upheld on, they have closed the account, refunded interest and no longer reporting it to credit agencies. I've been emailing for weeks…
-
Link Financial purchased debts.
Hi, It's been a long time since I dealt with DCA's, however, due to my disability, sickness and an elderly dog requiring long term treatment, I have, over the last couple of years fallen behind with my 2 credit cards, my JD Williams account, PayPal credit, etc. PP are ok, I managed to get a bit of leeway and pay them a bit…
A place for MoneySavers to share their journeys towards debt-free living.
9K discussions
1.7M comments
Most recent: Onwards and the debt goes downwards! by peb
Today at 12:34PM
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.