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DMP early repayment help!
Hello, I have a DMP with Stepchange and have had it for 4 years now. I have recently sold my property and will be getting some equity from the sale and moving in with family so want to pay my debt off. Essentially this is a fresh start for me following a really rough few years and I want rid of the debt so I can say…
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Affordability complaint update
Hi. I have submitted some affordability complaints. One is for Bamboo. For 3 loans. They have acknowledged my complaint and asked for bank statements for the prior 2 months before taking out loans to help their investigation. Should I send these? Any advice from any one that has had similar complaints. Thanks
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Ready to tackle my debt
Hi all, Spent the last few days reading and absorbing as much information as I can.Im currently around £25k in debt, loan credit cards. I initially felt guilty thinking about basically defaulting my debts,I've never missed a payment,things changed when I was made redundant last July and I've managed to keep paying.New job…
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CCA Request Debt from 16 years Ago
Hi, just wondered if anyone had any luck submitting CCA requests for debt as old as this one? Have they managed to dig out Credit agreements so far back? Ive been paying token payments towards this old debt for about 13 years, to around 3-4 different DCA's that its been passed around too, and then read on here about CCA…
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£20K Debt help
Hi all, looking for any advice please, I currently have around 5 points of debt (4 credit cards and a loan) totalling approx £20K, I do earn a good income but due to expenses in life I cant quite meet the minimum payments on all of these cards, which all in all is around £500 per month currently plus the loan payment of…
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What small things will you do this week? W/C 24 March
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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It seems to be taking a while...
Hello to all, I just seeking some thoughts if I may. I ceased paying my creditors in August 2024 with a view to
undertaking a self manged DMP. I followed the various snippets of advice from learned
participants of the forum. Alien as it was, having never missed a payment in my
life, I decided that enough was enough.…
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Bank account and defaulting
Hi, I have moved my salary to another bank, and I had a £355 loan with the bank I banked with (RBS) I was surprised that rather than say there was no funds available for the loan, they have withdrawn the amount taking my account into an unarranged overdraft. I’m a bit concerned this will result in considerably more…
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Barclaycard, irresponsible lending
Been following for a while and am currently self managing a dmp. I first took a credit card out with barclaycard in 2012 due to being pregnant at the time and needing baby stuff. Since then the credit limit has increased. at various points I'd paid it off and then racked up more over and over again mostly always paying…
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Delinquent and Default - Credit report
Hello I’m in process of reducing my debts myself rather than going through a DMP. i have a number of accounts that are showing as delinquent and a few showing as default. Having don a quick Google search is it right in assuming default is worse that delinquent? Any advice would be really appreciated. If I could please ask…
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ACI chasing 15 year old credit card debt
I just wanted to share this information with other forum members in case they have been contacted by ACI: I have a very old credit card debt that I received a default notice for around 2008-2009. I had occasional letters from the lender in the first few years via about 3 intermediaries including Intrum Justitia, then…
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Likelihood of CC refunds
Hi! Just wondered if anyone had any experience successfully challenging irresponsible lending? Virgin allowed a second CC so debts are 3k on one and 17k on another Barclaycard increased limit and debt is 17k all with other bank loans and smaller CC debts. Mental health was a big factor as well as gambling and I’m just…
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How can I make an income with flexible hours
I'm a mum of 2, one is in school, the other I'm struggling to find and local nurseries with space due to the influx since the free hrs came out. We are struggling massively financially plus have over 4k of debt. We are not eligible for uc or government help. Does anyone know of any flexible jobs which I can log in as and…
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Drowning in debt
Hi, I have got myself into a nightmare of debt and I don't think I can pay my way out of it. The reasons for it are a combination of being self employed until last year, lack of money coming into the business and my own recklessness with probably a bit of depression to add. I ceased trading last year and now am employed,…
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Divorce & Debt
Hello, I’m not sure if this is in the right category but I’m looking for some advice regarding my current situation. The last 3 years have been difficult to say the least. in 2022 I was in a well paid job, married & a homeowner with mortgage. I got depressed & became reckless with my money. My wife left me in January 2023…
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Lowell Help
Hi , I'm new and was wondering if anyone could help me , Lowell just sent me an email and put 6 accounts they want me to pay , Only one of them is sitting on my credit report and I think the others as I'd never made a payment have not appeared on my credit file and are really old some maybe 10 years , The one that is on my…
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Repayment Plan for Overdraft
I have held a Santander account with an arranged overdraft for 25 years. I now live with my daughter on a reduced state pension. Since my husband died the overdraft has crept up to £1300 and now the bank want me to repay it. I have offered them £25.00 a month (the amount I was paying in interest each month). The first…
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Debt collectors help
Hi, I am after any advice on my current mess of a scenario of debt. I'm not really sure what to do. I have currently defaulted on all of my unsecured debt about 63k in total, and have buried my head in the sand with it as its all a little overwhelming. Me and my wife are jointly dealing with this although she is having…
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BW Legal CCJ
I received letters/emails from BW Legal for unpaid thames water bill. I passed it on to person responsible for bill which is in my name at my property. Cut a long story short person refuses to pay so I wrote to BW Legal explaining that as its in my name I will pay and proposed payment plan which i started in Feb 25. They…
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DMP
Hi, on previous posts I've been on breathing space which ended yesterday, but now expect to start being chased for payments for the last two months I've missed, Been told best to not start a DMP until default letters come, but so far have only received arrears notice letters, but trouble is I have a close family member…
A place for MoneySavers to share their journeys towards debt-free living.
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.
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Most recent: Splendid September's No-Spend Days Challenge! by cathybird
2 September at 10:45PM
