-
Default letter question...
Hi to all,I received a letter from Barclaycard to let me know that
they have defaulted me. It has indeed appeared on Credit Karma (Transunion). I'm a bit confused by the letter. It acknowledges that I didn’t pay what I was
supposed to. At no point does it ask for me to make contact or make any
payments. Indeed, it actually…
-
First Assignment Letter
Hi all, I've just received my first letter stating Wescot have been assigned my account on behalf of one of my loans. I've checked the credit report and the account is showing default now, however I still haven't received an official Default letter from Tesco, just that they're passing the management of the account to…
-
Student Fees, debt letter
My daughter has received a letter from Pannone Corporate, on behalf of the university, about student fees my daughter seemingly owes. They have asked for the money back. She has been given a deadline of when to pay or provide financial details. They have also said in the letter they can commence court proceedings…
-
Facing up to my Debt, before its out control
Hello, I'd appreciate some advice on how to get started on trying to tackle my debt. Some backstory, my partner has been out of work for almost a year due to mental health and addiction issues. We have been unable to get much support from UC other than a few hundred each month, which isn't enough to cover our outgoings. My…
-
Help with Money Management
Does anyone know of some kind of advisor who could help me with issues of tax, budgeting and pensions for someone who is not quite in dire straits (yet) but doesn't have savings or assets? Basically (and I am not expecting sympathy) I earn a reasonable amount via PAYE and freelance work. But I also have a huge amount of…
-
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…
-
Can I do a DMP?
Hi all, I’ve been reading through the forums and was hoping for help
as I’m getting so much worse with stress. Between my mental health and Covid my spending spiralled out
of control resulting in this stupid and insane amount of debt. I’ve copied
across a SOA which is solely my income and bills/debt. I live with my…
-
Final offer to wescot
Hi I owe wescot/cabot just over £1000 for an overdraft, I've been paying a minimal payment to wescot for around 6 years now, Santander have sold the debt to cabot who are letting wescot continue with the payment plan. To be honest I want it gone, I've only got them and very to pay off then we are totally debt free (…
-
Lowell/London Scottish Finance
Almost twenty years ago, I got into a lot of debt through my (then), wife's drug addiction, we were even made homeless. One of the debts was over £8,000 on a credit card. We split and I eventually began to rebuild my life, even to the point where I met someone else and we've now been together for 18 years. In 2008, London…
-
Opos Debt Collector HELP
Hi today my husband has recieved a letter from Opos stating they are trying to contact him on behalf of a company called Capquest for a Royal Bank of Scotland ( loan) its for £10,592.72. weve never heard from them people before or capquest, my husband was in debt when i met him 20 years ago but had a flat and gave that…
-
Could being made redundant help with my debts??
Hi Posting as a panicked newbie here... We have been offered the opportunity to apply for or voluntary leavers scheme and I have submitted a request to be considered (I don't have to sign it but after a bad day finally pressed the submit button!). The background is that I have been there 16 years, I am good at my job (I…
-
In process of setting up S/C DMP - advice needed re NatWest affordability complaint
Just to introduce myself, as I think you will be seeing a lot of me around these parts! Apologies in advance for the War and Peace introduction and questions! I did a DMP with StepChange a decade ago, which was very successful and they helped me get a mortgage when I was selling the family home during divorce. It was the…
-
Later stage of DMP - next steps?
Hi all, I'm hoping to get some sage advice from the hive mind - I'm a newbie here so apologies if I'm posting this in the wrong forum. I've been in a DMP for the best part of 15 years after managing to face up to the damage done by gambling addiction. At the point it started I was working full time and my wife was looking…
-
Tesco default query - similar issues?
Doing a self managed DMP which is going well with 3 cards But my Tesco was defaulted momths ago but still not been in touch with any letters etc so I have ignored them anyone had similar issues?
-
Lowell debt close to being statute barred HELP!
Hi, So I need some advice because we all know how stressful dealing with lowells can be! I'll try and make this short.... I took out a loan with Lloyds bank a long time ago but made my last payment on 17th Dec 2018 (so very close to now being statute barred) Following a relationship breakdown and a mental breakdown I…
-
Capquest
Hi, I'm new to this. I received a letter from capquest today telling me that they have taken over a debt and is now there's, I can't actually remember the debt as according to the letter it's from 18 years ago for £2000, any advice would be great.
-
Help with Debt...What can I do?
Hi, Finally,have found the courage to talk about debt, after reading threads on this forum that I am not alone.Thank you all for sharing, it really helps someone like me who felt weak and ashamed to be in this situation. I will try and keep it very short :) I have accumulated debt of 33000 in credit cards. I am not…
-
Merged: Debt nearing statute barred
This discussion has been merged.
-
Please advice for letter explaining mental health
I am about to send a letter to all my creditors explaining my situation and I wonder if you can give me advice on it and see if its correct or if there is anything you would add or change. I have ask my mental health team to fill in the DMHEF form but while I get that sorted (you know the NHS can be slow) I wanted to send…
-
Moved: Self-managed DMP or ‘just keep swimming’?
This discussion has been moved.
A place for MoneySavers to share their journeys towards debt-free living.
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.
1.2K discussions
408.7K comments
Most recent: Amazing April's No-Spend Days Challenge! by Dizzycap
Today at 12:15AM
