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Self managed Debt Management Plan
The story so far. So I found out that a Self managed Debt Management Plan was an option in dealing with my outstanding debts so I advised the debt management company I used that I would be cancelling their services in writing. I did so and their response was quite rude to be fair and I never really expected the level of…
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Debt collection Letter from German debt collections C-date & CMS debt collection
Hi all, I’ll try and make this as short as possible. Basically a few months ago, I signed up to a free trial on a website called c-date. It wasnt long before I realised the whole website was a scam (full of bots, and reading trustpilot reviews confirmed this) I tried to locate how I cancelled my subscription, however it…
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CCA requests....... finally
Hello everyone, been a long time follower of the forum but this is my first post. Been reading for years the advice about CCA requests so after many years I've finally got round to doing it. I got seriously into debt about 20 years ago but it all came to a head in 2010 when I had a serious RTA and could no longer work so I…
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Which of these debts should I pay off with a lump sum?
Hi there. I hope this is okay to post here. I have two pretty big debts (to me anyway) I want to pay off. I have reduced them considerably over the past year and they're dropping pretty well. One is PayPal credit (which is mine) that is £498 and the 25.9%APR The monthly payment is approx £18 but that's the minimum. I…
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Feeling sick and worried about what to do!
Hi I've been a long time lurker on here, reading threads for advice but feeling so much anxiety about making a decision on my situation. I've had a call with a mortgage broker as my mortgage is due to renew in October 2025. My situation - debts have build up due to a combination of circumstances I have been rennovating my…
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Help regarding next steps
Hello, I am looking for some advice regarding two debts I owe and the best way to move forward. 1 Link Financial, defaulted September 2021, loan with MBNA outstanding balance of 17900 2 PRA, defaulted September 2021, CC with MBNA outstanding balance of 2745. I have sent CCA requests for both at the beginning of the year.…
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Intrum account
I did a CCA request a few years back and they confirmed they could not supply the CCA agreements so debt unenforceable , not heard anything since but the account remains open on my credit file, can I request closure? Or will I need to offer a settlement figure ? We are due to renew mortgage in nov 26 so keen to get this…
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Debt management plan partner C S
Hi all. I'm new to this. I have 40k worth of debt and would like to look into a DIY debt management plan. But just need to know if there is anyone out there who has had direct experience with going on a DMP with a joint mortgage (partner) and it effecting the partners credit score i.e what actually happened. Only joint…
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Cabot Financial
Hey everyone, I’m facing a bit of a moral and financial dilemma and could really use some advice. I have a £5,700 debt with Barclaycard, which has been sold to Cabot. I haven’t made any payments on this account since 29th September 2020. Since I live in Scotland, I understand the debt would be extinguished (become…
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Default and DMP advise
Hi all, After a bit of advise please, I have x2 cc (Halifax and MBNA, total approx £24k) that I have stopped paying (last payments made were in Nov24 MBNA and Dec24 Halifax) I have today received a letter from Halifax stating that I have 14days to make payment of the outstanding minimum payment due otherwise they may end…
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Response from Debt Collector
Hi, im just after some advice i recently got a letter from Link Financial saying they was working on behalf of someone who was looking to recoup money from me, i have no recollection of this debt and sent them an email with the letters that i found on here i got a response today saying they work on behalf of the company…
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Can anyone please help me with debt
Hi, just joined after someone recommended here. I currently have 40k of debt and I am looking at ways to clear it quickly. All help very much appreciated
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Credit card debt Scotland
I currently have two credit cards, around 2k, with link Financial. Both defaulted in April and june of 2020. I've had no written correspondence with them. They only contact me for one of the debts, sending a quarterly statement. How likely are they to take legal action and, am I right in saying they would only have until…
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Advice Needed with Lowell Debts
I am wondering if someone could give me advice regarding 3 outstanding debts I currently have with Lowell, which are: O2 UK Amount Owed: £804 Last Payment Made: April 2018 Scottish and Southern Electric (Dual Fuel) Amount Owed: £556 Last Payment Made: April 2018 Vanquis Credit Card Amount Owed: £323 Last Payment Made:…
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Mortgage, DMP and Looming Retirement
I kinda have a plan for this but I would be grateful to hear what people think. Scenario I'm 62, due to retire in Dec 2029 - only 4 1/2 years. We have a mortgage, 42k at 1.59% fixed until August 2026. I have 3 creditors Tesco, PRA, Sainsbury's, totalling £18k. We will both get full state pensions, but we have drawn down on…
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Resolvecall /Interum
Hi, So i've read some previous posts about resolve call, and just want to check im doing the right thing. It seems they're collecting on behalf of Interum. First contact was a text message 9th January. Addressed me by my maiden name, and stated my "account had been passed to them for a home visit, & to prevent please visit…
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Debt Help Please - Defaulted
I've recently gone through some life changes, including a death in my close family, going through a divorce and subsequent admission to a psychiatric unit. I'm getting back on track and am working again, but during the time I wasn't working, I leaned on credit and loans to get through, thinking I'd be back on my feet…
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Self Managed DMP and HMRC debt
Hi, my finances will change this September and I'm trying to wrap my head around how I will handle debt then so I can stop worrying. I have 17 unsecured creditors about 9.5k over them all, and owe about 7k to HMRC, that's how things will be in September anyway. I am sure a DMP is the best way, I'm definitely not eligible…
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How bad is paying a settlement offer?
Hi. Summary: Brother has an automatic settlement offer from Capquest, 20% discount. He is tempted to pay it but has to remortgage later this year as his 5 year fix comes to an end. However, they state that this will go down as a 'satisfied with a partial settlement flag'....will this be a negative when it comes to how his…
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£30,000 credit card debt - living abroad - DRO
Good evening chaps, Background: MBNA Credit Card - £15,000 (minimum payment each month £450) Tesco Credit Card - £6000 (min pm £250) Halifax Clarity - £7000 (min pm £250) Two years ago I had to move to Czech Republic as my wife was pregnant and she couldn’t get visa to UK. So far I have been making minimum payments…
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