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DMP partial settlement F&F
Soooo my partner has been on a DMP since 2020, total of 8 creditors and a total of just under £12k still owing. I’ve just sold my house and we have brought together, so am gifting an amount to clear the debts. Ive been reading up on offering less than the full amount to settle the debt as it’s my understanding some will…
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Can I complain to someone Cabot threatening letter
Been on path of asking for CCAs over period of time . Success with some . However Cabot sent letter 6/8/25 stating couldn’t find documentation for Santander loan then on 11/8/25 offered 75% discount . But today receive another letter saying defaulted and they ‘may consider sending an agent to visit you at home ‘ ! I find…
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Help for a 13 year old personal loan
I had a personal loan from a high street bank but stopped payments in 2011. At the same time I moved from England to Scotland. I've made no payments since 2011 nor I have had or sent any communication in relating to that loan. I recently got a letter from a debt collection agency saying they've bought the debt and asking…
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Looking at a DMP
As the title says. And excuse the long thread so here goes. Currently in around 86k of debt. Santander cc £10500 (2 missed payments) santander od £2058 (4 missed payments) Halifax cc £8500 (2 missed payments) lloyds cc £9849 (2 missed payments) Mbna cc £7142 (2 missed payments? Monzo loan £560 monzo od £1950 updraft loan…
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URGENT HELP PLESE ACI DEBT LETTER
URGENT HELP! Hi there, I need some advice please. Please don't judge me, I was very bad at managing finances when I was younger. Back in Oct 2024, I received a letter from Capquest Opus saying they had taken over an old debt. This was a loan from more than 20 years ago and I hadn't heard anything for years up until then.…
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Defaulted on loan
Hi I'm new and looking for some advice. I currently not working at the moment so receiving benefits and pip. I had spoke to step change and set up a token repayment plan until June. they are saying a DMP would be the best way forward. However it will take 10 years. They worked out my budget sheet and said I can only put £8…
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Newbe... DMP Advice Please
Hi all, new to this forum and have read lots of threads and thought i'd post to try and get a little bit of more personal advice/thoughts.. Been on a DMP (Stepchange) since early 2016, currently down to owing just over £8k. The following are the balances and creditors/original creditors. As it's been so long and i've still…
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CCA Requests (Zopa/Cabot)
Hi, I'm currently in the process of working through my 9 creditors to request cca's. (nearly £50k debt) all which was defaulted 6 years ago. Most loans and credit cards taken out 8-10 years ago. So far out of the 9 only 2 have managed to produce a CCA which look pretty good to me. Cabot originally advised they were unable…
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Opos Limted Email - Help!!
Hi, I have been sent by email from the above company the below any advice on how to handle it???? My Credit file is clear and has been for the last 15 years I've been with my partner as we've had a mortgage & credit cards together for that long. Any help would be appreciated. Contact Required.We are attempting to contact…
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Defaults Running Out
It appears that all the defaults I have will run out between Feb-May 2027, so in about 18 months. Does this make any difference when making F&F offers? Or is it not going to make any difference to creditors? All 5 of my remaining debts have been CCA'ed and they provided the paperwork so I'm currently paying small amounts…
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Virgin Active Gym Membership Debt Recovery
Hi all, Looking for some advice or shared experiences. I joined Virgin Active earlier this year and paid for three months of membership via direct debit. I never actually used the gym during that time. After the third payment, I called to cancel my membership, and cancelled the direct debit manually, and now I’ve received…
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About to start self-managing a DMP - some questions
Hi all, I’m preparing to self-manage a debt management plan (DMP) to keep more control over my finances, rather than going down the formal DMP route, and I’d really appreciate some guidance from others who’ve done this or are knowledgeable. Background: I was made redundant in November 2024 and haven’t been able to return…
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Cabot threatening to visit
I have a few accounts with Cabot that I have been paying regularly every month over many years, never missing a payment. Within the last few weeks they have been constantly trying to call me between 8 and 9 every morning and then leaving a voicemail when I don't answer. I tend to avoid answering calls anyway as I'm…
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Debt Recovery Firm Chasing, But No Prior Correspondence?
Good Afternoon, I've recently received a voicemail and two text messages from Trace Debt Recovery UK. The voicemail was received on the 5th September and was an automated voice stating 'this is a call from the Trace Group about some existing business you have with us. Please call us back on 01604 300540 or visit us at…
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Self Managed DMP Account Sold
Looking for help with the next steps Shop Direct - default notices been arriving since last payment in February. But no official default yet. Letter today to say the account has been SOLD to ACI Do I go ahead and start payments with them ?
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What small things will you do this week? W/C 8th September
When we start on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards, and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when in…
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Desperately need debt help
Firstly I am new to forums and think I accidentally posted this in the wrong place! I will try again… I would really appreciate some advice on how to get out of the massive debt I’ve got myself in. I am meeting minimum payments each month and have no missed payments. However my minimums are ridiculously high and my monthly…
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12 year old MBNA Debt
Hi. I was really careless with money and got into difficulty with an MBNA credit card. My limit was £3000 which in my opinion was paid three times over. Last interaction with MBNA was approximately 12 years ago when debt was sold to PRA Group who over the years failed to provide any paperwork. I received letter from PRA…
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Notice of Default or Default Notice
Hi, all. My name is Shem and I am on the begining of my DMP journey.The time came for me to ask for help. My question is: Is this letter from Zopa (below) an official letter informing me about defaulting my account or just another letter before they will do it?It looks official and has this line about Consumer Credit Act…
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Lendable Debt Payment
Hi All, I currently owe £3400ish to Lendable. I probably made quite a few mistakes with my approach with them. The original agreement was £110 but due to circumstances I wasn't able to maintain that past the first few months. I've been paying them £36.66 per month for the past 4 or so years with no interest as agreed by…
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