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First default hits…not sure of my plan now
As title, first default has appeared on my credit file from NatWest for one of my two credit cards with them. I also had two personal loans with them and all are with Financial Ombudsman for an affordability complaint and I’ve had letters from Moorcroft for all four accounts. NW nor Moorcroft have had any payments at all…
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Barclays will not send one off lump repayment information in a letter
I am in the process of planning a one-off lump sum payment to Barclays Bank for a large percentage of my mortgage balance, but not the entire balance of the mortgage. When I call them on the phone, they are quite willing to give an indicative idea as to what amount the mortgage balance will reset, and to how much the…
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Issues with Equita
Hello, My husband has a debt for roughly £2000 originally for a university module he never attended but had to pay for still. Anyway, didn’t pay as tried to fight it, ended up with CCJ and sided with Uni and the debt has been with Equita ever since. started off £25 per month and then dropped down to £10 due to financial…
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0% interest rate withdrawn
Good morning I've not been here in a while. Life got busy but I am digging my way out of debt slowly but surely. My mental and physical health are still poor, I remain on numerous waiting lists. I have told them before that I have long-standing mental health issues and am awaiting an autism assessment and these both affect…
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Is defaulting my best option or should I ask for breathing space?
I’m devastated that I’m writing this, but I think I’m going to have to default on my credit cards as I’m unemployed and about to run out of money. 32, f. Was made redundant six months ago, had a severe mental breakdown/psychotic episode (not related to the redundancy), took a break, have tried to get a job for the past few…
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Affordability complaint
Silly question I’m sure. How do I make an affordability complaint to Barclaycard and MBNA? Thank you
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91k in Debt and don’t know where to turn
Hi all, hope you are all well. I have found this forum and have been reading some stuff which have helped me a little bit. As you can see from the title I am in huge debt 7 credit cards practically maxed out ( 42k ish)5 loans and two overdrafts. I have a house worth 250k with £168k left on the mortgage. It was a build up…
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Switching broadband provider
I have been with BT for donkey’s years for provision of my
broadband and landline (yes, I still use a landline). My current broadband is rubbish with a download speed of about
31 Mbps I cannot get any faster because of the infrastructure – I have
part fibre and aluminium cables from the cabinet. We haven’t even got copper…
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They thought I was dead...
So, a few weeks ago, I had a Section 87 notice from Virgin
Money dated 3rd April. The default is still not visible on my credit report, 6
weeks later. I received what can only be described as an ‘unusual’ letter
today from Virgin Money. It was addressed to my ‘representative’ and the contents of
the letter referred to…
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DMP or arrangement to pay?
Hi, Just wanted some advice, what is better to do - 1) Let debts go to default and arrange DMP 2) Make agreement with creditors for an arrangement to pay as I have not missed any payments yet
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PRA Credit agreement received
Hi all, I have a long term debt from 2016 originally with Halifax and PRA purchased this in December 2023. In February 2024, I rejected the credit agreement which they prompted provided a scanned bank copy, disheartened I continued to pay the debt down every month disgruntled knowing the paid pennies to the pound for the…
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DRO partner has a mortgage
Hi I’m looking for advice/ reassurance regarding a debt problem. I am currently 1 year into an IVA however after having an accident my circumstances/ situation has changed and I am struggling to make repayments. I now believe I meet the criteria for a DRO however after speaking to moneywellness today on the phone they have…
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Moved: IVA and mortgage
This discussion has been moved.
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CCJ on my credit file ,is it right ?
Hi , long story short i got into money issues during covid after losing my job but been working through it getting back on top ,however i got a letter from a solicitor chasing me for a credit card debt of £ 8000 ish and taking me to court over it , 1st they had been in contact with me regarding it , they included a payment…
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Affordability complaints?
In 2017/2018 I was living in my 1500 hsbc overdraft, maxed out on my hsbc credit card and got a loan with hsbc to pay those off and cover day to day life.I then consolidated and got a bigger hsbc loan - 18k which then meant I had more payments to make each month, I got a 4500 mbna cc followed by an aqua card where the debt…
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DMP Newbie - Help please!
Hi all, just looking for some advice please on a DMP. I’ve read through many of the threads on here which have been great and have helped me understand that I can get myself out of this bad situation. I just want to clarify a few things. * I understand it’s recommended to default before entering a DMP, to build up an…
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Full and final settlement - option removed for fully satisfied.
Hi, I am in discussion with moorcroft group to attempt to settle an account with them. I VT’d my car last year, but was hit with a bill afterwards. The balance is £5700, I was sent an offer by the original creditor in January for £4K and the account to be marked as satisfied, however I was not in the position to make the…
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The mental side
As the title says, how do people deal/cope with the mental side. I’m at the beginning of the journey 1st/2nd missed payments. I take responsibility for the debt although life’s dealt some tough hands which is a lot of it. But how to people deal with the idea of ruining your credit for 6 years? I’m saving the emergency fund…
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CCJ advice required please.
Hi, A messy situation, but I'll keep this as concise as possible, as I respect and value the help you guys provide. I would appreciate your help please. Having gone through financial failure/divorce, loss of child, loss of job, severe depression, had to walk away from the UK in 2018 and moved abroad (South America)…
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Mortimer Clarke chasing after many years
Many years ago ( about 2007 ) I got into trouble with a Marbles credit card and ended up with a Ccj ( I think this was between me and HFC - who owned Marbles ) for about 8k ( no judgement please I was in a terrible place ). As I was in a terrible place ( drowning in debt with an alcoholic husband who drank most of our…
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