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Advice regarding saving for a Mortgage whilst on DMP
Hello It's been more than 6 years since I started my DMP and my credit file now looks better. I managed to get some of my debt cleared too via a Partial Settlement using money gifted to me with some of my creditors but PRA Grp wouldn't accept, so I still have 7K of debt with them. I recently moved in with my partner and we…
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£127k of Unsecured debt
Hello, been following this for a while, and have numerous accounts that have stopped paying since end of January looking for accounts to default. Sadly the title is not a typo either. No defaults are on credit file yet, two notices of default have been sent for accounts with Natwest. Today I got a letter for each account,…
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Urgent agents say coming today
Hello, I’ve posted before and am managing my debts on my own debt management plan. I have a few loan debts and I sent my first F&F offer last week (yet to hear back). This morning I awoke to the message below which is to do with a debt I haven’t even been told has gone into default yet! I’ve rung the number on the text and…
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Voting address
Pardon me as I attempt to word this correctly. I stay in a four in a block. On my credit check it regularly tells me that im not on electoral roll but i recently voted however the address is different. For the purposes of internet stalkers i stay at 18a and always use my address as 18a but on some, like register of…
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Debt advice needed please!
Hi all, Appreciate there are hundreds of these threads kicking about but didn’t want to hijack. My wife and I are both in debt, collectively and individually, and after many months spent worrying and working things out, we decided, after reading this forum, to do what many others have and stop paying with the eventual aim…
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Taking Back Control
Hello everyone, I have just signed up here after finally making the decision that I can't continue the way I have been. I invested quite a lot in courses which ran up my credit cards and now I have a total of 10,500 owing. With my rent increase and fewer hours of work there has been an impact on me as I am left with…
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DMP or IVA?
Hi, So long story short I've stupidly racked up a chunk of debt on various things. I'm married but my partner does not work due to her English not being good enough just yet (This will change) and I have a step son but due to their immigration status we have no access to public funds, basically my salary is all we get.We…
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If I can do it - YOU can do it!
Back in about 2004, I joined this forum to try and deal with my debt problems. At the time, I never EVER thought that I would be able to sort myself out. It was depressing and it was almost all consuming. I had a job that wasn't paying well and my outgoings were pretty much all of my income. I would read the odd post in…
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Lowell chasing after 8 years
Hi All experts, I’m really worried about this situation and need some expert advice. My scenario is little different. I was in UK from 2010 Aug till 2015 Nov. Due
to some personal reasons, I didn’t renew my visa and relocated from UK in 2015
Nov. I had a Barclays credit card and when I was leaving UK, I was having…
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Emergency
Hi all, So I have been in debt for some time and doing my best to overcome it. However the last two months have been tricky, my Dad passed away and I had a lot of expenses before he died, then to top it off my son locked us in the house and I had to change the lock via an emergency lock smith which cost me £750. So the…
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An equity release mortgage, should they obtain the borrowers agreement before settlement
Apologies if this is posted in the wrong section (posted here because it's a debt) I'm trying to help someone understand
how funds are settled when an equity release mortgage is involved. Here's the
scenario: The 20-year interest-only mortgage term has ended, and the original
lender requested repayment of the debt. The…
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Credit card advice/information regarding what best to do
Hi I had a credit card I took £2k cash 2018 I paid every month until June 2021 I was under the impression I was In breathing space but I never received any notice of this I also never received a default notice and for the past 3 years I’ve not paid and heard nothing I know my credit file did have a default on it which I…
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Debt Consolidation Loan - Good Idea? + Should I pay off soon to be paid off loan?
Hi, I'm considering a debt consolidation loan to pay off all my debts and end up debt free for the first time in my adult life. See below for my debts and relevant details: Debt Type Amount Owed Monthly Repayment Final Payment Due Loan 1 £1624 £232 February 2025 Loan 2 £6000 £219 July 2027 Credit Card 1 £4400 £110 Credit…
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Please help well-meaning idiot (me) shake off longstanding irritating credit card debt.
Hello MSE. Long-time ‘financially incompetent’, first time ‘actively taking steps to ensure the preservation of my future’ here. Attempted to lay out my financial landscape below – if there’s anything I’ve missed out, or any extraneous information, please let me know and I’ll edit/update the post accordingly. HEADLINES:…
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Moorcroft F&F
hi all, Has anyone had any trouble with Moorcroft lately? I have an account owned by CapQuest, being collected by them at £16 a month. I reduced payment in November after filling in an online query form advising them I intended to, to £5 a month. I also completed an online query form advising I have just been paid a net…
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Council tax
Hi i live in Sunderland and for many many years while my husband has been working we have had the council tax taken from his wage some months £200 plus and on good months £300 plus it all went through the courts to do it this way. Now the company he worked for is no longer we have received a bill for £6000 plus saying we…
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Barclaycard Reconstituted CCA
So, I’m in a DMP and with help of forums like this I have made affordability complaints and reduced my debt from £70k to £38k in 10 months. I did have it lower than this because I have a £13k credit card debt with Barclaycard which they have defaulted and sold to PRA. I took the card out in 2004 and asked for a copy of my…
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On DMP so Nationwide won’t accept F&F
Have been on DMP for almost 6 years and have now sold my house, so in a position to offer Full and Final settlements. I am writing to all creditors using forum advice and letter template and obviously hoping for decent settlement offers. DMP is with SC - but haven’t involved them in settlements. Would like to have all…
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Intrum Settlement Offer
Hi, I am looking for advice/information on how to deal with the Intrum settlement offer of writing off 65% of the balance. I am not in a position to pay the 35% but I could pay 20%, the amounts are as follows: Balance £5796.15 Intrum Offer: £2028.66 I can pay: £1150.00 The debt is from 2014, defaulted 2015, and is no…
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Capquest letter NOA - what can i do to find out more? What should i do?
Hello I got a letter from capquest this morning saying they assigned ownership of a credit agreement between me and lloyds bank to Intrum Popular designated activity company. There is an attached Notice of Assignment (NOA) to explain more, which doesn't really explain more There is a reference number, and a large(ish)…
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