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House ownership and debt
I’m 50 years old from NI and I own my home with my wife
(50/50 and no mortgage). I am also £30K+
in debt and I’ll be starting to pay this back soon (maybe £150+ a month). This will obviously take considerable time to pay back, and
I’m worried about leaving my debt problems for my wife to deal with should the
worst ever…
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Pay off debt with emergency fund?
Hi all, Question around debt repayment- I currently have a personal loan of circa £5k left at APR of 5.68% with payments running until Mar'26. I have roughly the same emergency fund in a high interest savings account paying 5.2%. My question is, should I use all of this or most to pay off my personal loan? This will be my…
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Advice please (in laymans) please
Morning All, I have 2 outstanding credit card debts in my name and am with Stepchange, I have recently just lost my husband so I'm presuming I will still have to pay them off but would/could Stepchange go to them to see if they will come up with something else? I know the above does not probably make sense so sorry,
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Settlement on 6 year old account, credit file impact?
I have been paying a PRA account for over 6 years. The account has dropped off my credit file some time ago due to age. I now want to make a settlement offer to clear the balance (c.£1400). My question is, if I do so will there be any impact upon my credit file? Will the account re-appear here for another 6 years? Or, will…
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Resolve call trying to chase 20 year old debt
Had a letter this morning from resolve call about a debt from 2011, it was a phone contract that I ended up not paying as their was a dispute with Vodaphone and myself at the time, long story short old contract had about 5 months left went into store asked could I upgrade early, was told yes and the old contract would be…
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34 months paying debt that is now proven not to be mine - reclaim nightmare begins
I have been verbally challenging a debt collection company about a PayPal working capital loan I set up when I worked for my ex husbands limited company in 2018/19. I resigned from the company in 2020 to peruse my own career. In 2021 I was inundated with calls and letters from Wescot collections (Wescot) who have verbally…
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Marston
I had a bailiff turn up at my mams house which I do not love at. I have no fixed address at the minute. But they turned up today at mams with and enforcement warrant. For a parking fine £425. I’ve offered a payment plan. But they will not accept . I’ve asked them for 14 days to pay it as I’m waiting for my monthly pay. But…
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Zopa default - anyone with experience?
Hi there, I have just received a default from Zopa after not making any payments for 4 months, the loan is now showing as ‘in default’ on ClearScore and ‘defaulted’ on the Zopa app. My question is do I now make contact with Zopa to arrange repayments or do I wait it out still with no contact until they sell the debt on?…
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Safe Bank Account
Hi everyone, can someone please confirm that Santander is safe if you have debts with NatWest? Many thanks
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Budget help please?
Hi, can anyone tell me if my budget is ok? If there are things missing, can you let me know. My wife pays for a lot of stuff so that’s why it will not appear on here. The reason the travel cost is so high is that I commute from Liverpool to Leeds for my job 4 days a week and I won’t be able to change that until September…
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Brighthouse/caversham
Hi, I am trying to sort out my finances now I am sober after 11 years in addiction - I’ve successfully contacted and arranged payment plans with 2 out of the 3 accounts which are on my credit file - however I am struggling to find one listed as ‘Brighthouse/Caversham Finance’ for £452. I know I had an outstanding debt of…
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PRA Group - Help
Hello need help dealing with PRA Group. I had 4 accounts with RBS (all taken out around 2008 ish) I'm pretty certain they were sold to some company (can't remember who) and then sold again to PRA Group. I have quite a few mental health problems and have not worked for a number of years. I also have not paid anything to PRA…
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Do you have a debt with Brighthouse ?
Brighthouse (Caversham finance limited) went into administration in 2022, after the rent-to-own company collapsed, the administration was managed by Grant Thornton. As part of this process, a number of client accounts were written off, resulting in them no longer having to be repaid. However a credit management company,…
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Debt advice DMP,IVA,DRO
Hello, Looking for a bit of impartial advice really on which route is the best suited for my position. Bit of background, long term health issue which I had a operation on to remedy short term(expected to last around 15 years), ten years on I was in good line of work £65K, £80K+, took an unsecured loan, started self…
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Spiralling with my debt
So here goes, I’m new here and have read a few threads. So starting off I’m fully maxed out on 4 credit cards ie can’t afford minimum payments, so this week stupid me has been trying to sort it but during this i applied to step change for a dmp and also breathing space, then they said i would have to add on my personal…
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loqbox - will it help my credit file after IVA
Hello, My IVA is finishing in September after 6.8 years. All my defaults are off my credit file, and the only items currently showing are the IVA and a water bill. I run a business and will soon need access to finance. I recently tried to get a starter credit card but was declined. I do use Clearpay, which is great for my…
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Resolvecall chasing debt from 2009.
Hi all have had a bloke from resolvecall knock today chasing a debt that my partner had in 2009. It was a £5,000 loan that she took out and only made a couple payments before loosing her job and then burying her head. Either way right or wrong I heard the bloke and went to the front door myself. I explained that I don't…
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Moneysaving Expert Credit Club Credit Report not showing Default Dates
I have contacted Moneysaving
expert Credit Club since they have moved over to TransUnion information
in respect of "date of default" does not
display. I have access to Credit Karma who also partners with TransUnion and the date of default shows on
this site. I have been informed that the
team has now flagged this feedback…
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Struggling and getting in to more debt
Hello, I'm looking for advice on my debt problems, number of years just ignoring and not prioritising debt and its built up to a point where I cannot manage it any more. I've been listening and reading advice but I'm unsure of what actions to take. Trying to earn more money to pay it down but struggling to find something,…
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Help...
I am just wondering if there's anyone who can give me some advice please? I have £20k worth of debts, with 14k with NatWest (now Zinc group) and 3k with Barclaycard (PRA Group) and the rest split between finance agreements and other cards etc. There's 4 defaults on my credit file- 3 with NatWest (2 loans, 1 Overdraft) and…
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