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Overdales keep ringing me
So I had calls from Lowell which I have ignored as I dont owe debt as far as I know which they would chase me for. I have now got calls from Overdales saying they have sent me letters, they have the right name but I have no letter. I am now worrying they have contacted me at my old address, moved 3 yrs ago and what if I…
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Link Financial has produced CCA and terminated my account. How to proceed?
I requested the CCA for a Lloyds credit card taken out in 2006 and defaulted about 4 or 5 years later. The account was marked as a default on my file - I had a few around the same period. Since the defaults dropped off, I have kept everything 100% in order. My aim in requesting the CCA was for them to not be able to find…
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Gentle advice please on SOA
Please can you kind people look at my SOA? I’ve been completely honest with what I’m spending. I am a single parent of five, age 34, 25, 23, 17 and 14, the last two live at home. Birthdays are a moderate £60-70 each, Xmas £150 each, and this hasn’t changed with inflation for many years! Mobile/internet/TV all in contract.…
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Final Settlement Offers
Hi All 👋🏻 I’ve recently been working to settle some of my outstanding creditor accounts now they have fallen off my credit file. I’m down to the last four (having settled/cleared four) and recently sent a full and final settlement offer to two which belong to M&S Bank (loan) and HSBC Repayment Services (CC). To note these…
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Which CC to pay first to improve credit rating.
I have 4K to pay off some debt and looking to improve my credit rating. How can I do this? thank you. Balances and interest rates: £1725 - 33.9% £891 - 26.9% £7,510 - 26.9% £5000 - 24.9%
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Resolve Call Home visit
Hi, this morning I had a visit from a resolve call agent. This is apparently in relation to a very old (over 20 years) HSBC unsecured loan - I did not acknowledge any debt - just told him I had no idea what it was, and he couldn't give me any more details and that I would need to call Capquest - which he offered to do…
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0% Balance Transfer or Loan?
Hi All, I've been in debt for a while and honestly I've not managed it particularly well largely due to various external factors. I've been offered voluntary redundancy at work which would pay me out roughly £50k and I intend on taking it at the end of the year with the view of finding another job. My question for you all…
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Making an offer of settlement
Hi Everyone! We have around 24k of debts on our DMP and it's not due to finish for some time. The stress has been unbearable and whilst I am 'coping', there doesn't seem to be an end. We private rent, so aren't able to sell property in order to pay the amount owed. We have been on our DMP for over two years and haven't…
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debt free wannabe (huge financial family mess)
Hello, I have this MASSIVE family financial issue and I am not sure how to resolve it. Help, please! My husband has no income as his two business are not producing any profit (and they never had since 3.5 years ago, when he started them). My income is good, but not enough to support a high mortgage and a family of 4 (2…
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CCJ Interest
If a CCJ is granted on an old credit card debt, is it usual that the creditor will be awarded interest on top of the amount? if so for how long can the interest accumulate?
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Prove IT Letter
I have a few DCA's e-mailing me regarding some CC debts they claim I owe them. A few of these accounts are well over 10 years old and I want to send them the prove it letter in the hope they back off, however as I understand it so as not to admit liability the prove it letter does not claim responsibility for the debt and…
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Personal Debt Advice - Credit cards with some complications...
I owe roughly £50k on 4 different cards. I've done this to live and pay rent because my business has tanked since the pandemic. I have not defaulted yet but i'm only a month or so away from this. I have nothing. No savings, no investments, no pension, and I rent. I've cleaned myself trying to survive the last few years.…
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Feel like my life is on hold. Feel stuck. Advice greatly needed
Hi all, TL;DR - SOA below Newbie here. In need of a roadmap out of debt. Background: I got into debt around 2021 when I bought my first ever house which, being honest, I couldn't afford on a £1,600 per month salary, but I was desperate for my own place after successive lockdowns. I'm now on +£1k more but dealing with the…
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Advice about multiple debts low income and affordablity
Hi i split from my husband late last year and in the new year the finances got on top of me, I’ve always had poor credit rating but in January an offer came up for a pre approved credit card - struggling with keeping on top of running a rented home alone I took it, then they upped my limit - another offer of 2x more credit…
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Will banks approve my loan after settlement of a previous loan?
Will banks approve my loan after settlement of a previous loan?
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DMP Repayments
Morning all I'm doing a self managed DMP - 6 of my 8 unsecured debts have now defaulted and sold on to the likes of PRA, Cabot and Lowell. I have begun paying these through their websites but when I go to set up a regular payment, all of them require a minimum payment - min £50 a month, but there are a couple that are…
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Unaffordable lending
Just wanted to share a bit of positive news to hopefully give others some encouragement. I’ve recently had a few unaffordable lending complaints upheld — three through the Financial Ombudsman — and the outcomes have made a big difference. One loan has gone down from over £15,000 to £7,100 Another from £9,518 to £6,680 One…
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CCJ / Old Debts / £1 Payments – Timeline not sure what to do next?!
Hi everyone - I never thought I would be back on here asking for advice but here we go Background * My ex wife and I had multiple old debts from over 10 years ago. * Back then we arranged token payments of £1/month to 4 or 5 debt collection agencies each (DCAs). We have subsequently been divorced and I have remarried *…
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Opinions on consolidation loan
Hiya, I'm looking for opinions on if a debt consolidation loan would be worth it - I've been pre-approved through MSE loan calculator for an 11% APR loan that would cover all my CC debt - which totals £4000 - and it would drop my monthly payments from £250 to £130 over 3 years I have 2x credit cards (£2800 and £700), and…
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Default via Arrange to pay
Hi , I started a DMP with PayPlan in March and it’s been going great but I have noticed 3 of my credit cards say arrangement to pay and 2 deliquent .I asked for them to add a default but they won’t as I’m paying ,can I ask PayPlan to holt payment to just them debts to force them to default ?Will PayPlan do that ? I don’t…
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Most recent: Ninja Saving Turtles Challenge August 2025 by Thrifty_Taylor
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