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Your PRESENCE not your PRESENTS
Hi. Wasnt sure where to post this.(admin pls move if appropriate) Some years ago I started a "your presence not your presents" thing with family and friends. It worked so well amongst us adults as we could then afford to buy ourselves what we REALLY wanted. We arranged more meet ups and enjoyed the Christmas season more.…
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Panicking slightly
Hello! I’ve managed to rack up a £12500 credit card bill and I’m about to start paying it off but it feels like such a big hill to climb that I’m not sure where to start! What is the best way to cut back in order to get this bill paid? I’ve never been very good at managing my finances and I’m desperate to get better so I…
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debt getting out of control
Hi, I am looking for advice. I currently have a few loans and credit cards that I am now struggling to pay back. I was hoping someone could point me in the right direction on how to manage these payments. My credit score isn't good and I have no idea what steps to take next. Its getting to a point were my monthly wages are…
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£1 token payments 22 years later
Hi everyone About 22 years ago i lost control of my finances and set up token payments on £1 with my creditors There has never been anything on my credit file and i have not heard anything from any until today a letter arrived from cabot financial with regards to a barclaycard for £2000 The letter read You're still making…
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Debt Buyer - Next Steps?
I have received an email from a creditor to advise that it "has assigned all of its rights, title, interest and benefits in and to the Loan Agreement to Perch Capital Limited". I assume this means Perch have bought the debt. The original creditor doesn't have my current address, so I assume if Perch now try to contact me…
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Sorry Deleted.
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Credit report says settled but new company written
Hi all i have an car finance debt from 2022, we havent set up a payment plan and have only ever had statements from Moneybarn no default! I check our credit report regularly and in August 2024 it showed Settled at £0 i have just had a letter from Link Financial that Moneybarn had assigned the debt to them and a letter from…
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A muddle
Hello everyone, I could do with your advice. Sadly, I just lost my job - only recently moved to it and it really didn’t work out at all and we agreed to part ways, I am disappointed, and they were quite decent people, but definitely the right thing to do - the role was incredibly stressful to say the least and was not…
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Overdales Solicitors Refusing to accept evidance sent
I am at my wits end, 2yrs ago I received a letter from Overdales Solicitors, saying that I took out a credit card and used said card and failed to make payments! I of course knew nothing about this and thus contacted them to ask what it was all about, they said that a card was taken out in my name on a particular date and…
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A Muddle - Part 2
I think, by error - I posted in the debt free diary section and it should be in the debtfreewannabe section - would it be possible for it to be moved there please? Many thanks.
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Does a completed IVA need to be mentioned in a Will?
My father is about to make a Will. He entered into an IVA in 2016 which was completed in 2021. A certificate of completion was issued the following year. Does he need to mention this in his Will, and if so, would this impact his estate at all? Or, since it is completed, is it now irrelevant?
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DMP for £77k? I’m really scared…
Hi! I’m 30F. Looking for some advice on my situation. I’m so sorry for the long post but it’s taken me weeks to make an account and find the words to write down. I’m so ashamed and upset that I’m in this position I finally pulled my head out from the sand and looked into a DMP with Stepchange. I won’t lie it feels so wrong…
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Defaults
Evening all, quick question, hope this makes sense when you’re waiting for your accounts to default and some accounts default a lot quicker than others, what do you do with the accounts that have already defaulted but the others haven’t yet? Im worried that one of my accounts are about to default but the others seem to be…
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Token Payment Plan (TPP)
Apologies if there is already a thread on the above but I couldn't see it. Can anyone give any advice on the above? Is there any benefit to doing this? I feel like my situation will change for the better within the next 9-12 months (lump sum to pay back many/all debts). If I set up a TPP paying £1 a month, I'm assuming…
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Embarrassed of my situation and struggling to understand how I got here
So I’m 44 female mum of one teenage son I rent, don’t own a car, don’t go on holidays don’t have and savings I’m in nearly £30k debt and have just entered into a dmp my problem is I’ve always been in debt my parents didn’t guide me very well so I was never encouraged to save I kept thinking I’d eventually get out of debt…
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CRS keep texting me for Three Broadband which I stopped. Do I Pay?
A few months ago I got broadband from EE and therefore terminated my 4G Router from Three which was on a rolling monthly contract. I know you are supposed to give 30 days notice but I literally could not find any correspondance for them or how to contact them so I just cancelled the DD with my bank. I expected Three to…
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Debt advice agencies, whether to use and which one is best for me
So i am now at the point where all of my debts have fallen into default and its time to address and get payment plans set up..per the frankly amazing support on this forum i have quite a few..no judgement please, and they seem to be all over the place, some with debt collectors, others with the creditors and some have gone…
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PayPal debt
I have over £2300 in PayPal debt and I'm struggling to pay it because the interest is 21%. I don't really understand what the interest amount means, I just know my monthly payment isn't really paying anything off. I was trying to work out a way to pay it off sooner. If I paid for an example half of it off in a few months,…
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Online Support Required (Advice Welcome)
Good morning All, I am looking for some advice really, on where best to find expert advice. Unfortunately, I have racked up significant debt over the past 5-10 years. Whilst I am managing to pay it off, and still have money left over, I don't think I am doing it efficiently and there is probably a fair better way for me to…
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Do you owe Council Tax or benefit-related debts? Take part in interviews investigating their impacts
Hi everyone, I’m a doctoral researcher at a university in England where I'm currently conducting research into the benefit-related debts (e.g. overpayments, Universal Credit advances, hardship payments, etc.) and council tax debts that people owe to the government and local authorities. In particular, my study aims…
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