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Newbie
Hello, I have only just registered on here but have been receiving the emails for a while. My partner and I are in debt to the tune of around £16,000. We are currently coping with the repayments as I have already sought advice from the CAB for my personal debts. However, partner also has debts which were brought into the…
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Introducing myself.
Hi everyone, I've just joined this board. I hope to be able to help people in here as I have been a former bankrupt (now discharged) and have managed to turn myself around so I am completely debt free with £1000's in the bank and own my own house...all in the space of 3 years. WARNING. I am extremely blunt in the way I put…
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Real Stress
Have a £100,000 mortgage on a £200,000 house Owe £20,000 on several credit cards, all up to the limit. Loss of job last july, wages reduced by a third with new job. Just cant meet demand anymore. tried applying for 3 new 0% credit cards to put all on one transaction to give breathing space, but refused as wages now too low…
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Do you have to stick to high rate ccs if you can't get further credit?
Hi everyone. My husband has one cc and so do I, they are both near their limit and have quite bad rates. Mine is a student barclaycard (but now I don't work so I can't apply for another), husband's is 18.9% but he has defaults and I don't think would be able to get anything else. We also have a car loan. We think we can…
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Son's Debt
My Son will be 20 this year, he has not had full time employment since he left school 4 years ago, he has done a day here and a day there, he is in so much debt, He owes Egg card 5000 pounds, they gave him the card without checking out if he was working he applied for it over the Internet, of course my husband thinks it's…
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any help or advice re heavy handed debt collectors
I foolishly got myself into financial trouble about 4 years ago, buried my head and it got worse, ccj's etc. I was "advised" to contact a firm who i could pay each month and they would then in turn pay my creditors (for a fee). This went on for about 18 months when one of my creditors rang me asking why i hadn't made any…
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advice on bank debt problems.
I have opened this thread in aid of my young brother in law who is not on the internet. The problem is he has over £800 worth of debt on his "old" bank account. He says his mum started a direct debit on his account a few years ago for her tv liscence. He claims he never knew about this and got a letter in detailing charges…
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how do I find out if I have CCJ's??
Been researching composition orders for a friend on Google and in the details about Admin and Composition Orders it mentions about CCJ's. I wonder if I have got any? I have never received anything from a court? Hoe could I find this out?
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Must Be A Risk-cos I Keep Gettin Refused Credit ???????
Hi Is There Anybody There Who Could Give Me Any Advice Here Is The Situation. I Have In The Past Tried To Transfer Credit Card Balances -and I Was Successful A Few Years Ago -however Since Then I Would Say All My Payments Have Been On Time ( Although Quite Often Min Pay -but Have Often Paid Off Large Amounts In One Go) I…
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Whats the best thing to do to get out of this??
hello, to cut a long story short me and my husband have a lot of debt. here's a breakdown of what is where so you have some idea...... 1) £12,500 egg loan......to run until 2011 :( only just taken out for consolidation purposes. 2) £2100 egg credit card.....0% until march. 3) £675 argos card.....299=0% for 12 months (about…
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Emmigration
Hi, I'm emmigrating soon (not to escape debt!), but the more money I can take the better start I'll get. I have a couple of credit cards and one unsecured loan. Does anyone know if I just go and leave them would they chase me round the world to recover the money? I'd like to point out that I have a good credit rating,…
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Debt free - i wish
Where to start! Ive just worked out between 2 loans and various credit cards - we owe almost 40,000 my husband works but i dont as we have 3 small children all under five - it feels like i spend my life worrying about where the money is coming from - we havent defaulted on anything YET as i am constantly juggling - ive…
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could we ?
six years ago we had our house reposessed. we was left with a debt of around £14,000, which we are now paying off at £30 a month, we are a low income family. this amount does go up every 6 months. i was told by the collection agency that i could make 1 payment to clear the debt of around £2000 maximum.i would love to get…
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A problem shared...
Hi, I've been a 'voyeur' on this site for some months now and picked up loads of useful tips and I feel now is the time to, in some small way, repay the excellent advice with a little of my own. 4(ish) years ago I go into a lot of debt. I suffered with depression, lost my job and found myself owing approx. £7000 to banks…
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Advice Needed Please Help
Hi I So Wanted To Be Debt Free And Was Trying Hard To Transfer Bal On Cc To 0% But Was Refused. I Currently Have A Loan With My Bank Taken Out On July 03 For £25,000 ( I Was Going To Buy A Second House To Rent Out) This Didnt End Up Happening And We Used Some Of The Money To Do Up Our Existing House,the Org Loan Was Taken…
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Cheap Credit is Bad
..for most people. My argument is counterintuitive, and took me several years to appreciate. Most of the advice on this site is about saving money, which is great, except that is not always in our best interests. How can that possibly be true? Because credit is very similar to other addictive consumer products. It is…
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Am I in trouble
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Should I clear all CC with loan???
Hi all, I now owe just over £26k on cc abd £14k ona personal loan. I have swithched cards all over the place and they now stand as follows. barclaycard £15591 5% life mint £4150 6.9% life abbey £7200 0% till may (although plan to move this to egg & tsb 0% for 9 & 12months) don't know after that I have assumed I can get…
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stoping the card way of life
Inspired by the epic from the Rochdale guy here is my story: Egg £ 993 owed @ 14.9% Marbles £ 4510 @ 14.9% 0% till june Halifax £ 5218 @ 6.9% Sainsburys £ 3905 @ 5.9% Natwest £ 2600 @ 5.8% Total credit card debt : £17266 Secured loan £ 9000 @ 5.9% This is a story of how to ignore all the warning signs Starting when first…
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Please help me sort out my finances (epic post length)
Doesnt matter, nobody seems to want to help me.