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Debt management plan partner C S
Hi all. I'm new to this. I have 40k worth of debt and would like to look into a DIY debt management plan. But just need to know if there is anyone out there who has had direct experience with going on a DMP with a joint mortgage (partner) and it effecting the partners credit score i.e what actually happened. Only joint…
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Default and DMP advise
Hi all, After a bit of advise please, I have x2 cc (Halifax and MBNA, total approx £24k) that I have stopped paying (last payments made were in Nov24 MBNA and Dec24 Halifax) I have today received a letter from Halifax stating that I have 14days to make payment of the outstanding minimum payment due otherwise they may end…
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Response from Debt Collector
Hi, im just after some advice i recently got a letter from Link Financial saying they was working on behalf of someone who was looking to recoup money from me, i have no recollection of this debt and sent them an email with the letters that i found on here i got a response today saying they work on behalf of the company…
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Can anyone please help me with debt
Hi, just joined after someone recommended here. I currently have 40k of debt and I am looking at ways to clear it quickly. All help very much appreciated
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Credit card debt Scotland
I currently have two credit cards, around 2k, with link Financial. Both defaulted in April and june of 2020. I've had no written correspondence with them. They only contact me for one of the debts, sending a quarterly statement. How likely are they to take legal action and, am I right in saying they would only have until…
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Advice Needed with Lowell Debts
I am wondering if someone could give me advice regarding 3 outstanding debts I currently have with Lowell, which are: O2 UK Amount Owed: £804 Last Payment Made: April 2018 Scottish and Southern Electric (Dual Fuel) Amount Owed: £556 Last Payment Made: April 2018 Vanquis Credit Card Amount Owed: £323 Last Payment Made:…
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Resolvecall /Interum
Hi, So i've read some previous posts about resolve call, and just want to check im doing the right thing. It seems they're collecting on behalf of Interum. First contact was a text message 9th January. Addressed me by my maiden name, and stated my "account had been passed to them for a home visit, & to prevent please visit…
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Debt Help Please - Defaulted
I've recently gone through some life changes, including a death in my close family, going through a divorce and subsequent admission to a psychiatric unit. I'm getting back on track and am working again, but during the time I wasn't working, I leaned on credit and loans to get through, thinking I'd be back on my feet…
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Self Managed DMP and HMRC debt
Hi, my finances will change this September and I'm trying to wrap my head around how I will handle debt then so I can stop worrying. I have 17 unsecured creditors about 9.5k over them all, and owe about 7k to HMRC, that's how things will be in September anyway. I am sure a DMP is the best way, I'm definitely not eligible…
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How bad is paying a settlement offer?
Hi. Summary: Brother has an automatic settlement offer from Capquest, 20% discount. He is tempted to pay it but has to remortgage later this year as his 5 year fix comes to an end. However, they state that this will go down as a 'satisfied with a partial settlement flag'....will this be a negative when it comes to how his…
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£30,000 credit card debt - living abroad - DRO
Good evening chaps, Background: MBNA Credit Card - £15,000 (minimum payment each month £450) Tesco Credit Card - £6000 (min pm £250) Halifax Clarity - £7000 (min pm £250) Two years ago I had to move to Czech Republic as my wife was pregnant and she couldn’t get visa to UK. So far I have been making minimum payments…
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Debt Help
Hi all, I made a post not long ago regarding my situation. I have since taken the advice from the forumites and started my debt management… At the moment it’s DIY, I haven’t spoken to Stepchange or any other DMP providers. I am wondering what next step I should take? I have cancelled the direct debit to the loan and credit…
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Partial Settlement Offers, one refused, enough to pay another one in full
Hello, I am on a DMP with 3 loans and offered the same percentage to the 3 of them for full and final settlement. 1 of them refused my offer and asked for a higher percentage. As they refused, it means the share I have offered to them would be enough to pay one of the debts off completely. Can I pay off a debt in full with…
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Quandary
I took up an IVA in 2020 after getting into some quite bad credit card debt. Unfortunately I let it slide due to the country coming out of the lockdowns and the price of everything booming, petrol, groceries and everything went through the roof at a time I was expected to pay quite a higher rate for the last two years of…
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Tesco default - advice
Hi all i am running my own self DMP. Going well but Tesco defaulted months ago and i have heard nothing to sort repayments etc like the others no text. Emails letters. So i have ignored them for now anyone in similar boat or got any advice? Do I call them or leave it?
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Security Clearance and Credit
I am required to obtain Security Clearance at work. I have been in an IVA about 7 years ago, but there is nothing negative or my Experian or Equifax credit reports. Would I be required to explain this if it will not come up via a credit search? Would historical things likely hinder me? In a totally different financial…
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PayPal Negative Balance and Debt
Hello! I made a similar topic on another forum, but I figured out that asking as many people as possible could only help. Last week I was gambling and lost control. I gambled away all of my savings (I have already spoken with GamCare about that). On top of that, PayPal (via Direct Debit) somehow managed to debit me several…
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Stepchange & DMP
Hi, I have been thinking about starting a DMP with Stepchange, and have filled the forms in. They say I will be debt free in 2 years. Debt is just over £16k. Credit cards x3, catalogue, next, creation x 2 (one of those payments finishes in September) & overdraft. I make the minimum payments each month, or just over. The…
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Energy account for a different address
Hi I would be most grateful if someone could help me. I have received a letter from pastdue about a debt with OVO energy for an address I was no living at. I have sent them the template mentioned in a different chat. Pastdue insist on a tenancy agreement to prove I moved out however I didn't move in so.... Today I decided…
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Who do Lendable sell their defaulted accounts to?
Lendable have defaulted my two loans. One has the date 12th March, the other the 25th March. They are both showing on Credit
Karma (Transunion). Does anybody know to whom Lendable sell the defaulted accounts? Or do
they keep them in house? Thank you.
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