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Debt-free wannabe

Mutual support and help for those on their journey to becoming debt-free.

Debt reduction and Student Loan early repayments
I'm looking for some advice. Without giving too much detail, in my early years I didn't manage my money very well and racked up quite a bit of debt. Now I'm getting myself in order and paying it all off. It'll take a few years but the end is in sight. I've paid off small debts and consolidated my main into a loan. Not the…
Mums DMP cancelled - intrum and Cabot
I have been trying to help my 71 year old mum with her debts since she became ill in January. She had been in a DMP for 7 years initially paying more but as income decreased paying £60 monthly off (now) £90,000 of debt.She only stopped working after being hospitalised in January. She lives in a property with £30k left of…
Capquest/Resolvecall/Intrum issues
Hi All, could really do with a bit of advice on an old debt which has appeared from nowhere. I received two letters (one from Resolvecall and one from Intrum) stating i owe 'x' amount for a bank which i have not banked with in over 20 years! i am not aware of any debt and have never acknowledged the debt (certainly not had…
Token payments or ignore for now?
Hello, Life has been challenging for myself for a long time now and this year I’ve put my head in the sand with my debts. My husband moved out for 6 weeks and household income reduced and I stopped paying my debts to prioritise paying for food ect. I haven’t got back in touch to sort it out and not sure what to do, none of…
Moving to Spain with DMP
What will happen if I move to Spain and stop paying my DMP with PayPlan?
Plan of action
Hi everyone, Just after opinions and some advice In regards to my current finances. I'm due to receive some inheritance shortly totalling around £38,000. This will enable me to clear the majority of my debts freeing up around £1100 per month. I will still have the following debts outstanding: Very £3205 - various items…
Not paying for fuel and driving off
I am raging and mortified but also need some advice if I need to do anything more/faster! I found out today that my husband filled up the car at a petrol station a month ago and didn’t pay. I found out because the new tenant at my old address messaged me and said he had balliffs round! My address was wrong on the VC5 so I…
debt free wannabe (huge financial family mess)
Hello, I have this MASSIVE family financial issue and I am not sure how to resolve it. Help, please! My husband has no income as his two business are not producing any profit (and they never had since 3.5 years ago, when he started them). My income is good, but not enough to support a high mortgage and a family of 4 (2…
Which balance to move to 0%
Hi all - could do with some advice on best way to tackle currrent cc debt please, so I don’t make any more errors and can try make some movement on payments/pay less interest. Debt summary:Barclaycard £9900 - paying interest 24%Virgin card 1 - £3115 - 0% promotion ends Jan 2025Virgin card 2 - £1112.50 0% promotion ends Jan…
Nationwide unaffordable lending and ombudsman
Hi everyone My complaint to nationwide has been rejected and I am going to take it to the ombudsman. When I went on to log complaint yesterday it asked for a copy of the agreement. I don't have this, can I request this from Nationwide and how do I do this? The loan no longer shows on my nationwide account. Thanks
PRA group woes
Long story short. PRA applied to county court for a debt just over 3k despite me contacting them for the cca on 1st July. I acknowledged and disputed claim as had asked for the cca. Received a letter from PRA saying they would supply the cca paperwork and intended to still go to court. No cca has been provided. And today I…
Debt Management Plan. Where To Start
Hi All. I'm looking for some advice. I've got 44k worth of unsecured debt in the form of credit cards and loans. I'm struggling to keep up with the monthly payments at the moment. I haven't defaulted on any of the accounts as of yet. To which seven in total. I'm looking at getting a DMP but I really don't know where to…
Debt Collector or Debt Purchaser?
Hello! I've been lurking on the MSE Debt-Free Wannabe forum for some time now.... here's my situation: In Dec 2022 I was unfortunately made redundant and it took 9 months for me to secure another role (I work in recruitment/HR so with reduced hiring, companies just didn't need someone like me). Anyway, I'd never missed a…
Ongoing Default Saga With Lendable
Good morning, it’s been a year since I decided to start a self-managed DMP and stopped all payments waiting for defaults. In that time all creditors have defaulted except one, Lendable. I continued to pay them a small amount for a few months (as they threatened doorstep collectors..) but they didn’t stop interest making…
What should I do?
I’m looking for advice on the best course of action to take. Some context: According to Credit Karma, I have two defaulted credit card debts: * Tesco Bank £3100 (default date Jan 2019) * Lowell’s (Natwest) £1600 (default date Aug 2019) The start date for (1) was 2016, and for (2) 2013. I’m certain I originally defaulted…
Defaults Question
I have a Q about 2 of my husband's debts that aren't being reported on his credit reports - is it because he defaulted more than 6 years ago? He still owes that money doesn't he, it's just not on his report because of that default thing. I didn't know that was a thing, I've learned something! If I've got that correct,…
Can I set aside a ccj?
Back story - in 2017 I engaged the services of solicitor 1 on a deferred payment agreement. I made it clear I didn't want to go I to debt over this issue and they agreed to this. The agreement was I would only pay once the family estate was settled. Solicitor 1 was made fully aware of a family member who had made…
TO DO BEFORE STATUTE BARRING
Hi, I have tried to read as many threads as possible but still have a question. Background: In the past (2018) I had CC debts that I couldn't pay & they defaulted 17/1/2019. After many letters & phone calls, due to pressure from my wife and a gift from a family member, I repaid all except one CC. She thinks it is morally…
Iva early settle
Hi everyone need some advice . We our in our iva 4 and half years . I am soon to ininherit some money up to the value of 8,000. We owe 3200 on r iva do u think the creditors would take an early settlement.
Are solicitors allowed to buy debts from banks that the same solicitors represent?
I have seen posts on this forum about HSBC selling debts to MFDP Ltd, a debt collection entity. After selling the debt to MFDP Ltd, HSBC has also been instructing borrowers to continue paying their debt through a preferred solicitor, Restons Solicitors. I have a debt with HSBC which I have been paying through Restons…

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MSE News

Drivers to be able to pay for parking using just ONE app under new Government plans
You should soon be able to pay for parking across the UK using just one app under new Government plans. The initiative is designed to end "the scramble" to download multiple apps for use at different car parks.
Warning. Five holiday booking scams to watch out for as over £11 million lost to travel fraud
Booking your summer holiday soon? Protect yourself from scams by watching out for clone websites, fake deals and bogus cancellations, as fraudsters to continue to use a variety of sophisticated methods to trick holidaymakers out of their cash.
Santander Edge customer? It's axing its 1% cashback on spending
If you've got a Santander Edge current account, you'll no longer earn 1% cashback on supermarket, fuel and travel spending from 9 September. The bank has today (20 May) confirmed it's axing the perk, though it will continue to pay 1% cashback on bills.
Martin Lewis: I'm a bit teary – we just got a win on changing hideous Council Tax debt collection
Miss one monthly Council Tax payment and within six weeks you can have bailiffs at the door asking you to pay the whole year's bill, plus extra on top. But in a win for MoneySavingExpert.com founder Martin Lewis and his charity the Money and Mental Health Policy Institute (MMHPI), the Government has agreed to investigate these "catastrophic" debt collection practices.
Buy now, pay later protection one step closer – but Martin Lewis urges caution as rules not yet in force
New rules to protect over 10 million shoppers who use buy now, pay later (BNPL) services are on the way to becoming law. However, MoneySavingExpert.com (MSE) founder Martin Lewis, who has long-campaigned for BNPL regulation, is urging people to remain wary until the law changes take force.
Tesco shopper? You've less than two weeks to use £15 million worth of Clubcard vouchers – or extend them with our trick
If you've got a Tesco Clubcard, check if you have any vouchers close to expiring, as nearly £15 million-worth are due to run out on Saturday 31 May. Don't want to spend your vouchers yet? We've got a trick to extend their validity.
Martin Lewis: Just got a win on hopefully changing hideous council tax debt collection that hurts millions
"Catastrophic" Council Tax debt collection practices – that can see bailiffs at your door within six weeks demanding payment for the whole year despite missing just one month – are to be investigated by the Government. It's a win for MoneySavingExpert.com founder Martin Lewis and his charity the Money and Mental Health Policy Institute (MMHPI) who've campaigned against this rapid escalation.
Martin Lewis: Mobile and broadband mid-contract inflation hikes are BANNED – but there are winners and losers
Inflation-linked broadband, mobile and TV price hikes have been banned. It means some will see bills rise by a specified amount in pounds and pence going forward. However, MoneySavingExpert.com founder Martin Lewis has warned that many WILL still see above-inflation rises in future despite the new rules.
'Catastrophic' Council Tax debt collection practices to be investigated by Government – Martin Lewis says move is 'brilliant news'
"Catastrophic" Council Tax debt collection practices – that can see bailiffs at your door within six weeks demanding payment for the whole year despite missing just one month – are to be investigated by the Government. It's a win for MoneySavingExpert.com founder Martin Lewis and his charity the Money and Mental Health Policy Institute (MMHPI) who've campaigned against this rapid escalation.

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Debt-free wannabe

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