-
What would you do? Debt and baillifs
hi, I hope I'm posting in the right place. My mental health is at an all time low and I haven't been able to see the wood for the trees for a long time. Unfortunately my default anxiety style leads me to bury my head which I'm trying to work on. I'm around 11k in debt currently. It's a mix of old CC, catalogue, parking…
-
Bristow and Sutor -Council Tax Debt
Wondering if anyone can offer any suggestions on what to do if possible please. My council sent my 2021/2022 debt to Brisow and Sutor for my outstanding CT. No issue with this as I appreciate the council is following procedure to collect outstanding monies. As I have mentioned in some of my previous posts I have for a very…
-
Scotland: Moratorium
Hi all, Had a long chat with a money adviser today going over all the specifics of my budget. He said my options are self managed DMP or a protected DAS or a trust deed. Really helped with my decision making there! :s :D He mentioned a moratorium which he said is specific to Scotland and although he said they couldn't give…
-
Too many credit cards?
Hi everyone I currently have about 10 credit cards built up over time where I have been transferring some debt on 0% offers (debt stands at about £18k). There is plenty of credit available to shift this when the time elapses but I have see a Natwest card which offers 0% fee which is attractive. When i check on the…
-
F&F offers and mixed responses
Hi, I'm on a DMP with Stepchange - 4 debts with PRA, one with Moorcroft and one with Nationwide, My DMP is a long one, 20 years or so and my financial situation is unlikely to improve - Im heading for 60 years old. I will face bigger problems when I reach pension age, whenever that is as my health isnt good. Long intro to…
-
Time statute barred debts
Hi, got several debts that were last paid in May 2017 as part of a DMP. Husband and I moved overseas and have had no contact with them since that payment. We recently returned and a couple are now chasing us. I have checked our credit files and only two of the debts (different companies) are on our credit files, they show…
-
Paid off CCJ debt with Overdales, how long until it is marked as satisfied on my credit file?
I had an old CCJ which I just paid off today with Overdales who were recovering for Lowell. The Overdales rep said they will now pass the funds over to Lowell and it would be up to Lowell to adjust my credit file, but they couldn't give a timeframe. Any idea how long this might take and how I could speed up the process?…
-
Best Method?
Hi all, I am wanting to be completely debt-free truthfully, as quick as I humanly can. I earn 45K then various additional bits on top, generally resulting in around £3K per month post tax. my monthly expenses, car, fuel, food, general living costs, clothes etc equate to £1800. this means at present I have £1200 or so left…
-
Advice wanted on what to pay off first
Hello, this will be a bit long but I will try and be as succinct as possible. I currently have 2 debts showing on my credit file, I did have more, and whilst they have not been fully paid off, they have since dropped off as they were older than 6 years old. Of the current debts showing on my credit file, 1 is due to drop…
-
Overdraft dmp
I'm not the brightest spark I know but I feel completely lost now, I've been living in my overdraft for so long I'm right at the limit each month, so when payday comes around I'm only a few hundred pound out of it, so by the following week I'm already back in it, dud to dds. Now I honestly thought (now embarrassingly…
-
Supermarket Debt/Previous bank
Hi. I'm one month in of not paying my credit cards and loan on the way to a DMP. Two of the creditors are Tesco and Sainsbury and I can't decide if it's ok to order online shopping/have Delivery Saver/Clubcard because they will have my new accounts debit card number? Also I need to transfer money into my old account and…
-
Dont even qualify for a mobile phone contract now!
Not really sure where this belongs. Seems my credit worthiness has hit new depths where I have now been rejected for a mobile phone contract for the first time ever despite being with Vodafone for around 20 years. Ok, I agree I had fallen behind on finances through no fault if my own but bever missed a payment with them…
-
Old Vanquis Card Account - not sure what to do
Hi folks, Just looking for some advice on what to do about an old Vanquis account that I think has been passed on but I am not sure. Do I just call Vanquis and see what info they can give me? I am getting quite stressed about this old Vanquis card account - opened 2018. I fell into arrears during Covid times and started…
-
Santander - missing payment instead of default
Hi All, I started my DMP in 2017 with a total of £26.5k, and am now 18 months from finishing paying this off. Back in 2017/2018 all bar 1 of the lenders defaulted my accounts, so this year and next will see them drop off my credit record. The exception to this was Santander Credit Card who instead has posted a missing…
-
Pay off loan or 0%..
Hi. It's been a while since I've posted, but again I find myself back here. We moved house last year and managed to have £26k leftover from our sale, of which we paid £11k off a loan and became debt free. Unfortunately, the house required some amendments- bathroom suite was disgusting and so this was replaced, new kitchen,…
-
Home at risk ?
Hello, and thanks for reading. My wife of 8 years and I own our property outright, as Joint tennants. She has a joint mortgage with her ex husband on another property, which is likely to go into default if it cannot be sold in time/for the amount oustanding on it. Is our current house at risk for any debt she might have…
-
Not sure if a DMP is right for me?
I have 2 credit cards (Vanquis and Fluid) both have insanely high interest rates and are just becoming overwhelming as I struggle to exceed the minimum payments, I end up paying £100 to each and being charged 50-60 in interest makes it feel like a never ending mountain to climb. My partner is on a DMP and mentioned his…
-
DMP Advice
Hi all, I've been reading through loads on posts on here this morning so was inspired to post myself. I've got a DMP with StepChange, having cleared about £19k of debt with a previous DMP a few years ago (and then almost immediately, stupidly, getting myself straight back into debt, lesson to be learned for next time I…
-
CCJ 5yr to 6yr rule
Hin I had a CCJ issued when it was still in the 5yr rule period i.e. came off your credit file after 5yrs. Is this going to stay the same and get removed in 6 months or is it going to stay on my credit file for a further year? It was paid off 2yrs ago. Many thanks
-
The effects of Utilities Late Payments on Credit Report
I'll try and keep this brief... A few years ago, I lost my job which resulted in being unable to pay credit cards/catalogs/etc so ended up with a very poor credit history (late payments on mortgage, multiple defaults, and multiple ccjs). Over the past 2 years I have been working really hard to improve my credit report,…