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PRA Group advice
Hello there, Nervy lurker seeking some guidance on the infamous PRA group if possible, please. I’ve read other threads but they don’t seem to quite fit what I’d like to settle in my mind. I hope it is ok to start a new thread. I’m in the process of becoming debt-free (having made so many mistakes in dealing with the debt…
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Allocating funds
Hi all, I find myself in the bittersweet position of recently getting an inheritance of £25k. The reason I’m posting on this board is that we have significant debt and I’m really not sure where to start with what to prioritise…. Living beyond our means historically plus some bad luck during covid got us into a real mess…
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Budgeting App - Recommendations
I'm spending far too much time tracking my budgets on Excel - I want to switch over to an app to speed things up, but so far I haven't found on that matches the way I track my budgets... Happy to pay for the right one, if it exists. First two points I think will be covered by most apps: - It needs to download transactions…
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Help with paying of DMP using full and final settlement
Hi, new to the site and after a bit of info/advice Ive had a DMP with stepchange for about 7 to 8 years, recently looked at it and ive decided i want rid, to hopefully purchase a house in the next year. my credit score has just got better after 7 years as the default payments have cleard. Just after opinions on whats best…
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Free Credit Reports
Hi has anyone else noticed that the Free Credit Reports are now longer showing default dates. I have ordered my Experian Statutory Credit Report to see if they appear on that, as Experian no longer charge you for it, worth a shot.
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CCA request or prove it letter?
I've had a letter from Nolans Solicitors threatening court action behalf of Marlin Europe, but to be honest I'm struggling to identify the debt (although if it's mine, I have a suspicion who it might be). I'm not sure whether a CCA request or a prove it letter is the best way to go. I've had nothing from either Nolans or…
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Being chased by UKSearch Limited for a utility debt that is not ours - advice please
* My wife has received a letter at our current address from a company called UKSearch Limited claiming that she owes about £250 for an unpaid water company bill at someone else's address for "water supply arrears". * We have never lived there. It is not our debt. * It is a mystery why my wife is now being targeted for a…
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A DMP and Budgeting
I have several debts at the moment. I have 4 defaulted accounts that were passed over to debt collection agencies. Three credit cards and one overdraft. I have another credit card that hasn't defaulted. I have a JSA advance. I have also two unsecured personal loans. The loans are doing the damage. Both are in arrears and…
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Debt has finally caught up with me
Don't even know how to start this tbh, so I'll just summarise for now. I'm about £56k in debt over a number of loans and 3 credit cards. Until around 12 months ago, I was easily able to manage these debt repayments, and just about get by. A bit of history...It all started around 10 years ago with my divorce, when I ended…
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DMP; I need advice
I am in about £20,000 worth of debt. £7000 of it is spread about 4 credit cards all at high interest (about 40%), £10,000 in loans which at the rate I’m paying them back will take me 4 years and £3000 in an overdraft with NatWest which cost me £80 just in fees every month. I got into this situation through poor money…
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Debt Settlement Letters Do I have to include a budget planner?
Hi All! I'd like to offer 5 creditors a full and final settlement of extremely old debts of my partners. I found some templates online - do I HAVE to complete and include a budget planner when offering the lump sum? He's been paying £1 a month for years and years and some are now are now asking for a budget planner to be…
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Debts
My partner took out credit cards in my name - without my knowledge - and amassed debts of over £50, 000. I found this out August last year…. And had a stroke. I was in hospital for over 3 months (he did not visit) and then I stayed with my mum and dad. This is when my mum travelled to my home and picked up my post and…
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Collection agency claiming Abbey National debt
Is a current account with Abbey National statute barred? I have been contacted three times by letter claiming I owe a substantial amount to a company called Intrum (with Abbey National as original creditor). I replied to them via email after each of the the first two letters denying that it is my debt, but this morning…
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PRA CCA response
Hi all, a month or so ago I requested a CCA from PRA for BC. Didn't hear anything, assumed they had not found anything. This week they wrote asking me to confirm my name, DOB and address, I replied to them on Monday with the information that they already had. They then said they would put my request through and account was…
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After speaking to Business Debtline - default first or not?
Thank you for all the advice so far. I spoke to Business Debtline today. She advised me not to go down the bankruptcy or IVA route, and I cannot do a DRO as I have more than £75 per month. She advised I should contact my creditors (four of them) and offer them pro-rata offers of the amount of money I have left each month.…
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DMP and job security checks
Hi I entered into a DMP in December with £35k of debt and now some of that had moved to collectors but I am with Stepchange and not having issues. I am being made redundant this week and start a new job next week, some good news for a change. However for this job I have just had to do a NSVS vetting form which is very…
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Lowell and old British Gas account
Lowell are after me for two old debts they say I owe British Gas from a former address. I left the old address in 2017 but had left British Gas before that, at the latest 2016. I wrote to say I didn't acknowledge the debts but they would be statute barred. Lowell then claimed I'd last paid in 2022. I wrote to say I…
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ACT Credit Managment Ltd Student Debt
Hello, When I left college 23 years ago, I enrolled in a Construction Management HND program, assuming it was free like my previous college education. I completed the two-year course and graduated, only to find out I wouldn’t receive my diploma because I hadn’t paid. It wasn’t an issue at the time, as the jobs I landed in…
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Default notice pursuant section 87(1)
Hello I am starting my own DMP and two of my CCs I have stopped payments. One of them Pulse I’ve missed 2 payments and they have sent this: ‘We are sending you this default notice pursuant to section 87(1) of the CCA’ Then says I’ve to pay my arrears by 3/12 and if not they will terminate my agreement and the full balance…
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First time DMP Questions - scared and unsure
My head is in a whirlwind and I am asking for advice. I was going to go the bankruptcy route or IVA, but I don't want to take the nuclear option. I believe the best option may be a DMP. I have a few questions though, I have four main debts 3 credit cards and 1 loan. I also have a catalogue debt but hope to pay this off in…
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