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Loans or credit cards?
We have roughly £4000 on two credit cards. We said about juggling and going for 0% cards and trying to pay it off that way but some of the cards say " Not Super Balance Transfer". What do they class as a super balance? Would our £4000 be under or over that? As we aren't certain we are now talking about getting a loan out…
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Should I Cash Out Savings to Pay All Bills Off
I have about $US125,000 in savings BUT I have about $US18,000 in credit card debt plus a debt of $US42,000 from a line of credit on a house I own. I also owe a mortage of about $US140,000. Should I cash out from my savings $US60,000 so I will be totally debt free -- with the exception of my mortgage or should I continue to…
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pay as you go spending
i have large credit card debts and although i have set up a budget i did find it hard not to draw cash and end up going overdrawn .but i have now opened a Sainsbury bank instant saver account that i pay into by standing order each month and then use the cash card at any link machine while the debit card stays at home hey…
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not sure where to start
I recently copped myself on to the fact that I truly am spending too much and decided to find out exactly how much money I owe various places. I was shocked to discover that the full amount (two overdrafts plus personal loan, but minus [deferred] student loan) is almost £11,000. :eek: On a salary of barely £14,500 I…
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Lewis Debt Services
Hi all :) Very brief history - we had a Goldfish card ages ago, hubby lost his job, we couldn't pay, Goldfish passed (sold?) the debt to Fredrickson International. The interest is frozen, we pay £10 per month. We've just had a letter from Lewis Debt Services (never heard of them). It's a final demand, saying 'pay with 7…
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Want to be in the Sunday Times
The Sunday Times is looking into the subject of personal debt and would like to hear from people who have declared themselves bankrupt or who have run up large debts -- £30,000 or so -- on their credit cards. Do please email [email=deirdre.fernand@sunday-times.co.uk]deirdre.fernand@sunday-times.co.uk[/email] if you are…
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Why not eh?
Not many other places I can go for advice, so I thought I'd post on here - on the off chance someone can offer me some. After hitting the credit cards in my late teenage years, I ended up owing more money than I could afford (about £12k) until last year - when my dad lent me the money to clear the cards. However... (you…
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21- £16k in debt and dont know what to do! HELP!!
Hello All, Ive got myself into a bit of a sticky situation and need some advise/help please. Right my situation, Im a 2nd year uni student and this is what i owe:- Egg Card- £5400 (at the limit and interest being charged). Min payments around £110/120 a month. Egg Loan-£11000 (repayments £450/month). Where has this money…
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Capital One Classic
If i was to get this card, for example if i used it for my ebay purchases etc and it was £59 i used one week and paid £59 onto the card would it ever cost me any dramas or would i be builidng up good credit over time as long as i always paid asap what i spent?
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Terrible with money, Terrible with computers!
Hi. I asked for some assistance earlier on today but am so bad with computers that I don't know where to find it to see if anyway has helped! Here's the short dilemna: Student (Me) - finishing next Thursday. Bad first year - owes bank just over £4000 on a loan which has 19.9% interest. Punishment Rates! Pays £99.53 per…
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loan advice needed
i have a loan with hsbc , that i have not been able to pay this month and i have also got an overdraft and as i cannot get an extension on my overdraft due to living in the red for the last six months the bank have offered me a "managed loan", this will mean no overdraft, no more switch card just a solo card this would…
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Debt collection agency?
I'm having one of my debts transfered to a debt collector and they said i'll have charges added to the account. How much will these charges be and can i say how much i'm paying or will they decide? This company i owe money to is Littlewoods and i didn't sign a credit agreement, so what are my rights on this? I offered them…
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Ok, Asked for help before, new username, here we go
Compared to other people, I don't feel that I have problems at all, but it's just a case of having so much outgoings that I need to frame myself as I wish to move out at the beginning of 2006. Basically, I have just outlaid £270 for the last installment of my Magaluf holiday in July, I have just started my full time job…
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13000 in debt. Talked to CCCS and well despressed
Hi Everyone, Im a semi regular here but I know some other people on her in person so I am using a new account. Basically last month the end came financially and I made an appointment with CCCS. They were helpful enought and we went through it all. TBH in the grand scale of things 13K isnt that much, but it was enough for…
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repossession help advice
Hi first time on here and need some advice. basically i have arrears and this morning court papers arrived rang the solicitor on papers she said to contage mortgage lender did that they say if i clear arrears totally and pay this months and next months payment they will stop the hearing. can i trust them to do this? i can…
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New Member Introduction
Hello. My name's Diane and I'm a spendaholic. I've been freelance for 10 years, have a personal loan of £25k, plus 3 credit cards and 2 overdrafts. My first steps to debtfreedom have so far been: find a (well paid) part time job (start at the end of May); transfer 2 credit card balances to 1 new one; buy (and read) The…
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Court Judgement agreed but now adding interest???
Hi, I have posted here before basically hubby bankrupt in february due to failed business. I stupidly guaranteed one agreement so have now landed it in my lap. Anyway it is for 18,000, with a factoring company, the actual debt was 11,000 but they decided to add on a little interest and a few extra pounds for breach of…
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Re-Building Credit.....
Hi All recently (Nov last year) cleared all my outstanding debt using money from selling my house. My credit reports show these as settled / satisfied. I recently had a CCJ removed due to a car insurance claim and barlcaycard insurance didn't pay on time (be careful this is probably the reason i got in a mess as without i…
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Please can someone help me
debt management help sought
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Bankruptcy
is there anyone here who has been bankrupt and would be willing to share their experiences, good or bad, with me (privately via pm/email or on here if you're happy to). this is something I'm seriously considering, my OH is totally against it and keeps emailing me links about how Jeffery Archer fought not to etc, but with…
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