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Affordability
Hi all, It has been a while since I have posted, but still chipping away and reading often. I am considering filing a couple of affordability complaints as I have read other success stories recently. I do remember thinking at the time of my madness 'I didn't expect them to give me that' or 'can't believe they have…
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Cabot, Orbit, and 23 years.
23 years ago my abusive, late ex husband forced me to take out finance on a car. I paid it for as long as I could, I left, it was eventually repossessed and there was an outstanding debt. As a single mother of 4 I couldn’t pay it. I think it went to CCJ but I can’t be sure. It fell off my credit report years ago. Cabot…
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What was your 'money-piphany'? What one moment changed your attitude to money?
When I was a lot younger I saved up for a few years and went travelling abroad with my boyfriend, planning on finding jobs along the way. Work was a lot harder to come by in one country and we could only find commission-only sales jobs, which neither of us were any good at. Our savings dwindled and I remember trying to eke…
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ACI - Fifteen year old Monument debt
I have received two letters from ACI in respect of an alleged Monument debt that must be, at least, fifteen years old. The second letter says that Verify will be visiting me and that a letter letting me know when will be sent to me shortly. Both letters were sent to an address I left in July and have been forwarded to me…
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Lowell query re CCA
Hi - My sister has sent many CCA letters and some have come back saying no info can be provided so she has stopped paying (took a lot of persuasion to convince her it was ok to do this!). She has a debt with Lowell and shortly after she sent the letter (about 2 months ago) they wrote saying they have asked Creation…
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Just want some advice on my next steps to be debt free
I’ve been looking on here and Beat the Bailiffs and just want some advice on what to do in regards to my debts. * Novuna Consumer Finance (Hitachi) – £8,765.84 Old £8,000 personal loan. I made a complaint because they refused to default the account after missed payments; it was upheld and the default has now been…
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Advice on old/current debt. Out the blue.
So i have received the letter below as 1 of 2, personal Credit card and a seperate one more or less identical for a personal loan. Looking for some solid advice on how to proceed. Just received them and do not want to leave something too late. Background info :- IT Contractor. * Had accident in August 2018 was ill for a…
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Need help getting out of debt cycle!!!
Hi, I'm new here so apologies if this isn't the right section to post this and thank you to all the knowledgeable and helpfull people that contribute to this forum :) . Over the years I have accumulated this debt and I have just borrowed and borrowed to cover the monthly payments and it's caught up wiyh me and can no…
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Debt & Defaulting. The Process...
Hi all, Been a lurker here for sometime. Great forum with the most useful advice! My story is similar to many others... Over several years I have got in to debt, consolidated. Got in more debt consolidated. Rinse & repeat... Its now come to the point I can't cover repayments. I am hoping to follow the advice i've read on…
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DHMEFF forms
Hi, I have been paying my debt in debt management plan for over a decade. I have adhd and autism and now lost job and have long term sick mobility issues. My mental health is at an all time low and I just can’t do it anymore. I am ashamed to say I have considered ending things but have been referred to a social advocate at…
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Full &Final Debt Offer Letter Template
HI All, I am in the process of creating Full and Final settlement letters for my partner for for his 3 remaining debts. I have already requested CCAs and 2 out of the 3 have come back unenforceable - the 3rd is less than £900 balance and that is the one that is enforceable. I am going to gift him some money to clear the…
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Full & Final settlement advice
Hi everyone, I've read through a few different threads and stories here and would really appreciate some advice on mine. I have unsecured debts totaling circa £40,000 across credit cards, loans and overdrafts. These range from £12,000 loans to £1,500 overdrafts, and a lot in between. I don't have any great excuses or…
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Just overwhelming
Hi there, first time post and have been in awe of all you SME's for so many years amd would desperately appreciate your guidance. I’m a father of three and have always worked hard to support my family. Things became financially strained when my wife left work after our twins were born and our eldest was 2 years old. I now…
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Getting going on my debt free journey
Hi all, newbie to the forum but sadly not a newbie to debt. Hope everyone is well. I’ll try and keep the background as short as possible. I’m in my 30’s, no kids. Around 6 years ago I had a bad accident that left me facially disfigured, I spent the following 5 years in a deep depression, part of which involved reckless…
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Need some help and advice with my debts
Hi, I apologise if this has been answered already but I have been searching through the forums for a few days now and can't find what I need. I have stupidly got myself into significant debt and I need help to get out of it. I have 2 maxed out credit cards, (approx 16k between them) I have a debt with moorcroft of approx…
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Brachers
Hi, My Amex defaulted. Once it was defaulted it was passed onto Brachers. They have been contacting me, and I made be payment to them, but the next day they have sent a formal letter of claim. I am going to fill it out and show that the payment is what I can afford monthly. But should I call them? Or just send the form…
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DMP: 2 x CCA requests? Credit Agreement and Affordability - Is it worthwhile?
Dear All, I am now 2+ years into a DMP with Stepchange, paid off over £10K with £25K to go. Debt free date is currently June 2030. I have a total of 10 creditors of varying amounts. In regards to some of my creditors I am wondering if it is worth doing a CCA letter for two different things but would be helpful (these are…
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Mortgage, DMP and Looming Retirement
I kinda have a plan for this but I would be grateful to hear what people think. Scenario I'm 62, due to retire in Dec 2029 - only 4 1/2 years. We have a mortgage, 42k at 1.59% fixed until August 2026. I have 3 creditors Tesco, PRA, Sainsbury's, totalling £18k. We will both get full state pensions, but we have drawn down on…
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Redress for data breach by Halifax for corresponding with the wrong debt management company
Hi Forumites, I made a formal complaint to Halifax about why they (unlike my other creditors) didn't default my credit card account in 2019 when I was 4 months in arrears and then entered into a DMP managed by PayPlan. Someone from the complaint team at Halifax called me this morning to discuss the complaint. She referred…
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Moorcroft
Looking for some advice re a debt repayment plan I have with Moorcroft Debt Recovery Ltd. Myself and a business partner had a business account/overdraft with RBS. The business failed and we were left £20k deep in the overdraft. RBS sold the debt to Moorcroft by which time my ex business partner had left for Australia and…
A place for MoneySavers to share their journeys towards debt-free living.
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Most recent: Next steps; grip-relaxing bimbling, and avoiding the temptations by Suffolk_lass
20 November at 10:47PM
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.