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How to contact banks for no phonecalls
Hello, I am sure many people asked this before, but what is the best way of telling the banks (when waiting to default) to stop contacting me on my phone, and just by post? Do I email them, or old fashioned letter? Thank you :-)
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DMP F&F Discussions
Good afternoon, I have a DMP managed by Payplan which still has 2.5 years left to run. I've still got around £5,500 left to pay but will be shortly gifted around £2,500 which I want to use to pay off my debts. Payplan have said they have a dedicated team that can negotiate this for me but I'm wondering if I would be better…
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Can a debt be statute barred with a Form K Restriction?
I have an old creditor that has come out of the woodwork demanding payment after years of no contact. I have looked into the debt and I believe the creditor (a debt buying company) has a Form K Restriction on my jointly owned property (the debt is in my name only). What I’m trying to establish is whether the debt can still…
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Help with link financial. Just 6 wks left till statute barred
Hi, I desperately need some advice. I recently received a letter from link financial saying I have 14 days to respond before my account is passed to Kearns solicitors. I have 5 days left to respond. I’m not entirely sure about the debt they’re referring to - I don’t recognise the amount and the only card I ever had with…
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Advice on the "You Pay, We Pay" Scheme
Hi everyone, I’m currently in around £6,000 of debt that has built up over the past few years. I recently heard about the You Pay, We Pay scheme and was wondering if anyone who has used it could share their experience and advice on how to apply. I understand that British Gas assesses your disposable income before approving…
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Think I've just made a massive mistake - advice please
Hi everyone, Just had a sinking feeling that I've made a big mistake. We are on a self managed DMP, all but one of the debts has been sold on. We are paying £5 a month to all our creditors and keeping them updated with income and expenditure and all going smoothly with no issues. The only debt that has stayed with the…
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Feeling frozen
I called business debt line before Christmas because I decided I finally need to sort my debts out. I’ve been in debt for most of my adult life starting out with a clothing store credit card when I was 18 followed by a loan for a car and so on. I now have a ridiculous amount of debt. Halifax credit card 8k Tesco bank…
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I think we are ready
Hello, I have been doing lots of reading across the threads and now feel like I have alot of information and ready to take the leap into sorting our debt. Back story- me and my parter live in a housing association house, have 2 teenage children (1 adult child who does not live at home now). Our debts spiralled and kept on…
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Accumulating debt whilst going through diagnosis.
Hi everybody, I hope you are all well. In 2016, I annihilated my credit score whilst in the process of being diagnosed with lifelong conditions. Obviously, my life has now changed dramatically, and my only income is benefits. Does anybody have similar experiences or knowledge of this financial difficulty? I've researched,…
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CCA Request Response
Hi All, i have been using these threads taking advice about CCA requests with my Debt. After some research i contacted my Debt companies requesting CCAs. PRA group came back with a standard response of '' Your account is on hold until we look into the matter'' Moorcroft have sent the below response, which is very different…
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Seriously in debt, this forum looks like it might help?
Hi all, I've been reading various posts on here about people coming to the end of line regarding debt and exploring what they can do. I'm in the exact same situation. Around £45k in debt. 1 Personal loan and 4 credit cards. If I understand the formula. 1) Do not immediately contact a debt charity like CAP or StepChange. 2)…
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Moved: 19 insurance companies on Experian which I have no knowledge of
This discussion has been moved.
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Fake Bailiffs
https://www.bbc.co.uk/news/articles/cglywyjg0kwo The general rule with bailiffs is that they cannot force entry for a debt So if anyone contacts you alleging they are a bailiff, you need to block them and do your research. Anything that seems less than genuine should be flagged up to the police who you would hope would…
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Paying debt management plan balance
Hi I am paying balance of 5k of my dmp. The company that has been looking after my plan has told me this is my balance and included is their management fee! Can I get a settlement figure to pay it off, Iv had it 7 years so no longer on my credit file. Any advice? Thank you
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Loan or Credit Card
Hello, So I am recently trying to get debt free as I plan on getting married and I would like to build my credit score as best I can over the next 12 months as I would like to purchase a decent family car after I have had 3 disastrous experiences with my previous cars and never financed a car. I budget quite well, put…
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Default date
Is the default date definitely the date listed on credit reference agencies? I have two debts listing the same default date which seems fishy to me. I'm sure I stopped paying them way before that because it was not long after I moved in 2018 and they've reported as defaulted in April 2020. If that is the case they should…
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Full & Final Settlement Advice Please
Hello all, Im looking for some advice on offering a !!!!!!. I'm currently in a DMP with Stepchange. I recently inherited a lump sum which I want to use for a !!!!!!. The largest debts are managed by PRA Group and total £9000. I have asked for CCAs from the creditors and they have not been supplied. They sent generic ones…
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Opos Debt company text me - help
Advice please. Opos debt collections have text me out of the blue saying contact them... no more info. looked into it and they are a debt collection company.
In the past I have had a couple of things that I fell behind on etc. But it's been over 6 years and nothing on my credit file at all or had any contact in over 6…
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Default credit card - affordability complaint
Hello So I've been on a journey of trying to reclaim back some charges and interest through affordability complaints and reduce my debt. I have one defaulted credit card (Vanquis) for a total of £622. It defaulted in Dec 21. I have an affordability complaint sitting with the Financial Ombudsman for this at the moment but…
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Defaults coming
Hi, I posted here recently. This past year was the worst year I had in a good while. I was in and out of employment and ended up living at home with my parents. I won't go into it, but I ended up 15k in debt. I got a new job. However, am fearful of the future. I feel I am better off saving an emergency fund and defaulting…
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