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Starting a DMP WITH SC, advice
Hi everyone hope everyone is doing well. I have come into some bother this past year, I broke my hip and my mental health suffered as I am quite young, I also had a gambling relapse which added to my debt but luckily I asked for help and blocked myself from everything before it got way out of control. I also got scammed…
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Renting with defaults on credit file
Wondering if any of you have experienced going through an estate agent for a rental and passing the referencing process with defaults on your credit file?
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Crippling credit card debt, but …. lump sum incoming
Hi all, this is my first post. I have credit card debt which I am struggling to pay. Within the next month or so, I am going to be maxed out (across 5 cards) with no cash left from income to pay. I also have unsecured loans - my total unsecured debt is c£38k. I have read everything on here re to simply stop paying, ignore…
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Debt collector contact GDPE
Hello all I’ve been reading loads of posts on here and have all been really helpful so first thing today is a huge thank you to all the contributors. I have a lot of personal debt, and following advice on here I will start a DMP once I’ve got defaults from creditors, I’m feeling ok about all that and in control. Specific…
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Link Financial - Can anyone help?
Hi all, we have been contacted by Link Financial regarding an old Lloyds TSB debt. We don't believe that it is accurate and have no knowledge of it outstanding. We have sent two prove it letters, the first we received no response, the second we received one dated 7th March was an acknowledgement from their complaints…
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Some advice would be much appreciated - DMP or not? Self-managed or not. Significant debt
Hello, It's taken me a lot of guts to write here. I have been wanting to for so long and just feel like I couldn't, therefore, this is a big step for me. I am currently in significant debt due to gambling of around £70k across loans, credit cards and PayPal negative balance across 11 creditors. Loans are with Zopa,…
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Repayments are greater than income - DMP?
Hi everyone, This forum is fantastic, I have had a read through several threads as I'm trying to decide what's best to do in my situation and it's given me lots to think about. I have £38,000 debt in total which is 6 credit cards and 6 unsecured loans. I've not missed any payments on any of these accounts and have no…
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Cabot - what to do next
Hello - have been following your Forum for a while and using your helpful advice to manage my debts. I wrote to some of the debt agencies who have bought my debts to ask for the CCA, as you advise on here. With one of my debts, I believe the correct information has been sent re: CCA request and I have had at least two…
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DMP / Bankruptcy / Self Plan - SOA included
Hi, I need advice on whats best for me pls if someone can help: [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household Information[/b]Number of adults in household........... 2Number of children in household......... 0Number of cars owned.................... 0[b] Monthly Income…
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Link Financial GDPR breach
Good evening I have received the below email off Link Financial earlier today (edited to remove any personal identifying data) “ We have attempted to make contact with you today in relation to your account held with Link Financial. Unfortunately, we have been unable to make positive contact. We have been attempting to…
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Resolvecall visit.
So I received a letter today from Capquest saying they have appointed a company called Resolvecall to visit my property to try and enforce an old credit card debt. I asked Capquest back in November last year for a CCA for this 25 year old £8,000 Barclay's credit card debt, I had been making token payments up until then.…
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Notice of Termination
Received a letter through the post which does not look like the usual letter coming from either HSBC or Amex. It does not even have a return address or it doesn't say which company it is from. It sounds more intimidating that the usual ones where they say "may" a lot. This one says: This Notice of Termination is served on…
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Latest affordability complaint…FOS want info from 2013…
Hi, as some know, I had a positive outcome yesterday on my Zopa complaint. my second is against Virgin CC for giving me 4 CC’s totalling £46k between 2013 & 2024. Now I know the one in 2013 is ok…no balance (tbh, I didn’t know I had that one). However the investigator has emailed tonight looking for the following: * A copy…
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Will loan companies put a CIFAS marker on my name?
Hi everyone, I’m currently in around £24k of debt spread across 2 overdrafts, 4 credit cards and 3 personal loans. I’m behind on some payments but haven’t been issued any defaults yet, but I really can’t afford all the minimum payments and want to start a DMP after being advised by Stepchange. My only concern is that I…
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Please help if you can
Looking for advice on what I can do if anything, I've currently got a personal loan which with interest in around £10,500 without interest it's £8307, I'm currently paying £188.75 per month with about 50 odd payments left, I took it out in a time of need to consolidate a few debts into one payment, since this 8ve split up…
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Debt Arrangement Scheme - Do I wait for Defaults before starting repayment plan?
Ashamed to say my partner and I have gotten ourselves in a mess and have over £110k in unsecured debts due to failed business, bereavement and illness. We know our credit score is going to be impacted and accepted we can’t continue to bury our heads in the sand. Stepchange have advised a Debt Arrangement Scheme or…
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£15k debt, no income until May - best course of action to take here?
Hi there Owing to some stupid overspending when I was in my early-mid twenties, and then constantly dipping into other sources of finance to avoid sticking to a budget, I've now found myself in £15,179.09 worth of debt, split between credit cards, overdraft, a PayPal Credit account and a couple of nasty payday loans:…
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End of my DMP ! Debt free tips tricks and advice from someone who’s done it !
It’s official, as of 08.36 this morning my debt management plan is complete. My stepchange dashboard is zero across the board & it is all gone ! I have some final thoughts and some tips and tricks I’ve learnt along the way. I want to preface this by saying I am not a financial expert , I would just like to share my…
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DMP newbie
I am in the process of setting up a DMP through Stepchange for my debt of 25k (unsecured loans/overdraft and credit cards) Has anyone ever had a DMP refused by stepchange? I am worried because one of my loans I only took out in august23, totally irresponsible, for 8.5k it was a panic loan to consolidate and try and reduce…
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Self Managed DMP has officially begun!!
So, out of 9 debts, 4 have now defaulted… been written to by 2 DCAs for HSBC CC & Ratesetter Loan… still waiting on word from Tesco CC & Admiral have still to write about next steps. i have set up my SO’s & written to both DCA’s informing them of payment amounts for next 6 months…Not sure if they’ll be happy as I’ve set…
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