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Partial settlement with debtors
Hello all, I am considering offering a partial settlement to my 3 creditors at some point this year, however, does anyone know the following: - Is it worth tempting to offer a 5% or 10% settlement? - Will the creditors ask for any documents as evidence? - If so, what proof can they ask for? Like for example, can they ask…
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Monzo arrangement
Monzo came to me a few days ago before I had really read advice on here as I was struggling in my overdraft for a while. I have a flex credit card with them as well, which ive never missed. Now they approached me and said would I like to make an arrangement in which they will freeze interest and repayments for 6 months.…
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CCA Request
Just want some views on this. Is it silly asking for CCA agreements for 2024 year credit agreements... hoping they cannot get one for legal action enforcement. Cant really find much information on new agreements but found a fair bit for older agreements
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DMP or not…..ND person ….
My friend was posting for me but she said it was suggested I should do myself. I am autistic and adhd (late diagnosed) and let my finances spiral out fo control after a well paid job and now I’ve been gradually trying to build my income back up. I am thinking of going on to a DMP but finding it very overwhelming as I…
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0% credit card deals ending - sick with worry
Hi everyone first time posting and I have had a good look through the other really helpful threads. I have £15 on two credit cards both on 0% deals which are coming to an end on 1 April and end of July. My credit rating is just ‘OK’ and I do not think I am going to be eligible for any other deals. My husband and I…
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Paid Opos demand on behalf of my wife
I have to confess here, I have been a bit naughty and opened a letter which was addressed to my wife. We have had incidents in the past where we have got into trouble due to bad debts. She is a lot more flippant about debt than I am, but as we now have a mortgage together, this always stresses me out. The letter was from…
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Doorstep visit from resolvecall
Am looking for bit of adviceI had doorstep call from resolvecall yesterday and letter 2 weeks ago asking to call office regarding a debt of amount £2814.40 on behalf of arrow global I don’t recall this debt it may be a very old debt at previous address maybe over 10+ years please can anyone help me with this matter
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Preparing for a DMP – A Few Questions & Seeking Advice
Hi Everyone, I’m in the process of setting up a DMP and currently working through my Income and Expenditure on the StepChange website. I struggle with anxiety, and I’m feeling quite panicked about making a mistake while completing the online form. However, reading through this forum and seeing your support to others has…
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No where turn credit card debt
I am feeling very stuck and not sure where to go at the moment. I have racked up £10,000 -£12000 in credit card and over draft debt. I was using the cards to help pay for things whilst I have been working part time since have second child. We cannot afford the full time childcare. Yes we will get 30 free hours in September…
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Paying off our mortgage early
Myself and my OH are both 44 and have 90k on our mortgage left and just under 170k in savings between us. The fixed term mortgage comes to an end soon which is on a 1.6% costings us 389 per month. With the interest rates increasing the new monthly mortgage repayments will be 500 per month. We are thinking about using our…
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Consolidating loan for credit card debt
This post is about getting a loan when you have a bad credit record. The situation is debts of circa 5K GBP. Mostly a credit card but also Klarna and Council tax. This has been due to the impact of having to supplement a monthly income adversely impacted by absences caused by poor mental health. Credit rating is "very…
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What small DFW things will you do this week w/c 10 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 canceling 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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Payday loan - no default issued
Hi, I recently wrote to MyJar about a loan which has never been defaulted. They claim that they cannot issue a default as no notice of default was issued at the time. I was wondering if anyone could confirm if this is correct? (In which case ill move on). Bit of background - after a huge mess and failed DMPs in the past, I…
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Moved: Statute-barred debts
This discussion has been moved.
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Santander payment plan
Afternoon all - this forum has been such a help to me on my debt free journey and wondered if anyone could help with an email address/bank details for paying an affordable amount to Santander? I am self managing a DMP and don’t want to speak to them on the phone ideally just make an affordable payment. Thanks in advance…
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ARC Europe chasing. Debt in dispute.
Hi Everyone, Hoping someone can help here. My wife was a member of a gym that she explicitly joined for the swimming pool. It was out of order more days than it was working. My wife went ahead and cancelled, citing the unavailability of the pool as the reason she was was leaving and wrote a letter of complaint. She didn't…
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Fraud - debts done by EX partner
Good Morning, I just wonder, if I can get any advice/help.I have been in relationship with my ex partner about 10 years. When we split up I have redelivered correspondence and started finding out that my ex during our relationship was throwing away, hiding my correspondence.She used my email address steal my identity.I…
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Paypal credit
Hi As part of my debt management I Have a Paypal credit agreement that I stopped making payments to, which shows as closed and default on my clearscore account from December 24, but the login still shows the account open and they just keep sending me reminders of a missed payment. Has anyone had Paypal credit default…
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Paypal
Hi, I have begun the process of missing payments (I am planning a self managed DMP.) I had my first payment for PayPal default 03.03, and I have had a message today to say the debt has been passed to Westcot. I am surprised it has happened so quickly, and looking at threads on here PayPal seems to be a bit different to…
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ACI Debt Collection letter
Hello everyone. I do have an other account but for some reason i can't login so created a new one till i have recover it Anyway i have just received a letter from a company called ACI (A Perch Group Company) for a balance of £616.66 the orginal creditor says HFC Bank Limited. Its does not say what the debt is for and as…
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