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Are StepChange actually any good?
I just wasted 2 hours on the phone with a person who's supposedly from the Advocacy team at StepChange. I've never experienced anything LESS helpful and was left in tears.
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How can I help him clear his debt without doing it for him?
Hi everyone,First post and I hope I'm posting in the right place. I've just found out my boyfriend is in 4k worth of debt - £3500 from his overdraft, the rest is to the council tax and water company. He lost his job a month before the pandemic - very bad timing, and hasn't been able to get another yet so is on UC. I know…
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Coming out the other end questions ?
We got ourselves into a pickle 8 yrs ago and had circa 40k debts so went onto a DMP with stepchange, we have took the stance that we spent it so will pay it back and are now down to about 2k owed to banks and credit cards. It's been pretty straightforward and our credit scores are now perfect with no defaults showing and…
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Stressed beyond belief
Hi This is my first post and I would really appreciate some advice as to how you all deal with stress? I am just embarking on a long journey to clear £40k worth of debt and it’s so overwhelming I can hardly breath some days let alone live my life. Heeeelp!!
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Living with Debt Without Realising it
I have been a member of these forum for over nine years now and normally just read the threads to relax before going to sleep. I have followed many Diaries and peoples experiences, highs and lows. In recent years (as I am getting older, mid forties) I have realised that I have been living with constant debt since I first…
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I spend £275.30 on alcohol alone on this months credit card statement.
From 10th March till now. I solely used credit card for purchases and only use two corner shops local to me for alcohol transactions. I added everything up and spent £275.30 on alcohol in a month and I'm nearly drinking everyday. I really need to do something about this. I get cravings for alcohol when I'm bored, mainly at…
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3 year plan to get debt free
Hello! After reading a few threads here and lots of articles on the MSE webiste I decided to start my own DFW thread/diary. I have been paying more than minimum on all CCs since spring last year when nurseries closed and then m youngest started school in Sept (no more £1k+pm going on childcare!), but my defnite LBM was in…
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It's time to sort it, but how?!
Hi everyone I have known for a while that being so reliant on credit was wrong but I just ignored it and 'got by' I guess. Recently when I've taken a step back and realised what I am doing and how it is effecting me, I've had to accept there is an issue and look at sorting it out. Despite the feeling of embarrassment and…
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Jacobs and their Fees...
Hi All, I'm hoping for a bit of advice, and potentially have something that may be somewhat challenging. I have an old Council Tax account, went to Jacobs, is now paid off, but I was just checking the fees and spotted the below. Council Tax Bill £1248 Compliance Fee £75 Enforcement £308 I have tried doing research myself…
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80% written off
Just wondering if anyone has has dealt with these debt advisor companies that say they can pay off at least 80% of your debt to help you get back on your feet. Seams too good too be true and there has too be a catch. Answers anyone ? Cheers
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Continue DMP or self-manage?
Hi all, Back in 2018/19 I was unemployed for nearly a year and (mistakenly I now realise) buried my head, didn't contact my creditors, etc., and wound up £13k in debt with a few credit cards. Last May (after getting a decent paying job) I got on a DMP with PayPlan and have been on the straight and narrow with that since…
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Debt Free in sight - advice wanted
I am currently changing jobs, however for a few months I am pulling two wages. We have fought so hard to get totally debt free over the years and now we have the opportunity to break free. We have two moderate but high interest loans taken out in Sept 19 for vehicles We have a few credit cards with varying amounts on them.…
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F & F Offers - Morally Correct
I am seeing more comments on this thread about offering Full and Final offers to banks. I must admit it doesnt sit right with me. Most of the time it seems like people are almost approving of this, it doesnt sit right with me. This is not meant to be judgemental on anyone in particular it just seems like people are happy…
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Working towards debt0free in 7 years
Hello All I have also posted in the IVA forum as this is something I may have to consider to manage my monthly outgoings. Below is my SOA Household
Information[/b] Number of
adults in household........... 1 Number of
children in household......... 3 Number of
cars owned.................... 1[b] Monthly
Income Details[/b]…
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In need of help
Hi Following a lot of advice from here from good people I have decided to go down the route of a DMP just setting everything up, still scary in itself but the start of the road to becoming debt free. I have a couple of queries if any one could help. My main bank account is with nationwide it has the overdraft as well as a…
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How far have you gone to pay them debts off?
Hi all, just thought I would see what/how far people have gone to cut back to maximise debt repayment? Kind of like become a superscrimper! i have developed the bug and it’s become somewhat of an obsession, even without debt! i’ll start with just a few....I have cancelled TalkTalk Broadband and utilise my o2 mobile…
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Creditors..
I started a DMP on the 1st of this month but I'm constantly getting phone calls whilst at work. Is there a way to stop them pestering me or maybe inform them I'm on a DMP plan etc via email? The DMP hasn't paid any of my CC or Loans yet which is a little annoying. Just after some advice really
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Advice needed
After 6 years of marriage and 1 child later I have found my husband is in 60 k of debt . I have found out by accident . He has 1 x car loan 6 k left 1x personnel loan 20 k 10 k left 1 x loan 20 k 15 k left 1 x loan 20 k 12 k left 3 credit cards total 20 k He earns a good salary 60 k we live in rented approx 700 a month…
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DMP - at what point to lenders register default?
Hi all, I've registered for some advice - my gf has around £16k of debt across 4 credit cards and 2 loans. All the free interest periods have expired and no other lender will touch her to consolidate the debts. All the advice we've been given (Stepchange, Payplan etc) is pointing us towards a DMP spread across 5 years.…
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HELP DMP OR SECURED LOAN
Hi This is my first post although been reading through threads for a good while so hopefully in the right place. I am after some help and advice anything given would be greatly received. I am looking at my debts and how to consolidate into one. The whole robbing Peter to pay Paul as well as childcare costs have crippled…
A place for MoneySavers to share their journeys towards debt-free living.
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Most recent: Three years to get debt free by beanielou
5 September at 11:44PM
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.