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Debt getting out of hand £57k, looking for advice.
Hi All, I have been in debt of some form for the last 9 years and its time to get it sorted. As a brief overview I initially got into a large debt of around £45,000 for training for my dream job, which I now have, fortunately! This was back in 2018, since then I have slowly repaid, moved around on 0% credit cards etc.…
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Moved: Credit Card - Promotional rate.
This discussion has been moved.
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Unsecured/secured loan
Hi I have several unsecured loans and one secured loan, I am having to consider a DMP but I want to know if I can afford to pay the secured will I be allowed to use a DMP ? I can’t see way out of this
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Reducing my debt with another loan?
I am trying to bring my outgoings down and so far I have managed to do it with most bills but I have a loan for a car. Because of my situation is high interest. I still have three more years to pay and I am wondering as my credit score is improving. Is there a way of getting a new loan at a lower interest to pay this one…
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Merged: Overdraft Debt
This discussion has been merged.
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DCA car finance claim help
Looking for some advice I saw the DCA car finance claim on YouTube for findmydcaclaim.com I was curious so I clicked yes probably big mistake. it said fill in your details and sign this to find to find out if you could be owed anything. before I knew it it had signed me up to the claim for a company called Courmacs Legal…
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ACI closed accounts (irresponsible/ unaffordable lending)
Hi everyone. I have two debts sold on to ACI. These debts were originally for updraft loans. I have managed to have an irresponsible lending claim upheld by updraft. This was in October last year. I have been going back and forward with ACI as they kept pestering me for the money I was originally due. With the claim being…
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New debt added to credit file from AGG - no idea who they are!
Hi, can anyone advise on what to do please. I am trying to clear off last few debts and rebuild my credit file and I have just noticed my transunion score dropped hugely so I was just looking at the report and it seems a new debt was added. It says September last year but I don't recall seeing it before and have only just…
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Additional borrowing on mortgage whilst in DMP
Hear me out first because it's NOT to consolidate debt. I started a DMP self managed. Defaults were applied in August last year. So far except for the odd email, I have heard nothing from either of my creditors. Neither have asked me to start repayments and neither have sold my debt or instructed a DCA. My boiler has just…
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Link Financial - No CCA produced, but a possible issue.
Hi folks, So I have 2 debts with Link Financial, I have had a repayment agreement in place for some time now. I have sent the CCA requests for both accounts, and unsurprisingly got no reply. Now, from what I understand, I could stop making payments until they produce the CCA's, as the debt is currently unenforcable.…
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Redundancy & 44k unsecured debt - the perfect storm
Evening all, Posting my SOA and overview of situation and hoping for some guidance on next steps - apologies if this is repetitious, I've looked at different threads with many similarities (which is encouraging to know we are not alone) but each situation is unique and I'd really appreciate your advice. I was made…
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Large Debts - Will my plan work?
Hi guys, First time poster here, so please be nice! Just incase it is important, I am a 40 year old male with NO assets. This will likely be a long one, but I want to make sure that you get a clear picture of what has happened so far, then my plans for the future. So, the problems started when my limited company began to…
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In desperate need of help and guidance please!
Hi all, So I have spent weeks reading through threads on here and learning as much as possible to try and help me figure out the best solution to my ever growing debt. I’m in my early 40’s and seriously cannot remember a time in my life yet where I’ve not had some form of debt or an actual decent credit rating. It seems as…
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New DMP - Natwest / FairfaxDrydens advice
Hello fellow DMP'ers Following a recent divorce, I realised late last year that I was unable to continue servicing my debt payments and decided enough was enough and that it was time to kick off a self-managed DMP plan (for the second time, first DMP was a good ten years ago). I have set up the DMP following the advice on…
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Resolve call & ACI help
A couple of weeks back we got a knock on the door from resolve call (I've not received a letter from them so not sure what company it was for). I have recently had a letter from ACI informing me that I've a debt for 800 and that someone from perch verify will be knocking on the door. Now I've not had anyone knock on my…
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Default
Hi I have been reading the threads and I see it is advised to wait for payment by a to default but I don’t understand why ?
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Newbie...£60k in debt... light bulb is on!
Hi all I have been reading many posts over the past couple of months which have been incredibly helpful. I have had my light bulb moment. £60k in debt (credit cards, payday loans, bank loans). Not for the first time, sadly. I have been able to get out of this level of debt before as a result of redundancy payouts and…
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Debt help-CCJ
Hi, I’m trying my hardest to clear my debts. Most have now dropped off my credit file- I’m assuming that I can now forget about these? I’ve paid off others that were not due to drop off the file and waiting for them to be updated. But, I have a CCJ that was granted Dec 21. I had no communication regarding this as was added…
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A quick query about a loan
Just hopping over from my DF diary with a quick query for the very knowledgeable people over on this part of the board. I'm plodding along working on paying off my debt, one of which is a loan with APR of 12.3% (interest is added monthly). I am meeting payments and have not missed one ever. Current term in 46 months to go…
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Slowly giving up - advise needed
Hi All! I'm around £33,000 in debt at the moment, 3 loans and 2 credit cards. Barclays loan - 15300 MBNA - 7300 Tesco bank - 7500 Vanquis bank cc - 1850 Lloyds cc - 580 My monthly income at the minute is around £2900 and my partner's income £1000. Total repayments are over £1200/mth After all essentials and debt repayments…
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Most recent: NST November 2025: NOWvember by beanielou
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