We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debt-free wannabe

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

To Repay in full, or by instalments?
Hi, I currently have 19 payments to make on an Egg loan, with a total balance of £3552 outstanding, which I pay back at 190 / month. Most advice is that I should clear the debt before begining to invest, however it seems to offer little in the way of saving. Last settlement figure was £3,551.97 if paid in full. If I keep…
Anyone ever had a succesful Final Offer letter?
Hi My situation is well documented on another thread - but to get the basics here it is: Original Debt - £48,000 Current Balance - £44,000 Now this current balance does not take into acct any interest or fees (provided by the CCCS) and comes in my monthly statement with my DMP. I want to write to the creditors and ask will…
PPI, won't let me cancel it!
Hi folks, I have an unsecured personal loan with Halifax. I took out the loan in Feb 02 and have been paying about £190 per month since. Since discovering this site I have been trawling through all my debts and I have found out approx £27 of the £190 is PPI. I phoned Halifax Insurance in Ireland (damn 0845 number) and was…
Consolidate unsecued debts with mortgage?
We're behind with payments on 4 out of 6 credit cards and 2 unsecured loans. Our mortgage is with Abbey and they will consolidate our debts and redo our mortgage for us (capped rate of 6.5% atm). Should we do this? Or should we just remortgage and write to our creditors to freeze interest and pay off what we can each…
Unknown address link in Credit report
I have just bitten the bullet and have got a free online credit report for me (aarrgghhhhhh) from a free online 30-day trial..for Experian.... A few surprises......not good ones .....but my main concern is that apparently the Bank of Scot,land have linked me to a different address from my home address.....I have never…
Need Help Understanding Equifax Report
..........
credit rating
i wanted to apply for my equifax credit report and i thought this could be done for £2, but it is coming up as £11.75 or £8.25, does anyone know a way to get it cheaper? sorry if this should be on another board as i was unsure which to post it on
Downsizing - had enough of travelling
Hello all, Despite lurking around the forums for a few months, I have decided that I need to take my moneysaving research a step further and actually start to post. I'm looking for some advice on a big life change... My situation: My husband (of 6 months!) and I are both in the Armed Forces and so for obvious reasons…
Will I lose the house?
Hi everyone, Been watching for a while, amazed by the number of good people out there prepared to help others. I have a £70K mortgage with Halifax (to finish 2017) Had to stop working 1 year ago (stress related depression) Wife PT only (2 young kids) Halifax took nil payment May - Oct 2004, then £300/month since. Sold both…
Trust Deed Help Please
Hi Everyone I have finally taken the first step to sorting my finances out , so cut a long story short an ex partner left me with alot of debt which unfortunalty was all in my name, this was 2 years ago and i have struggled on . I bought a new house in December 04 and thought things were looking up although i now realise i…
So much debt plus a huge overdraft....please help!
Hiya Sorry this is a really long post! Please can someone give me some advice. I have posted before, back when the site started, but things have changed for the worse...here is my current situation. Me and my fiance are currently in LOTS of debt, which we are just about 'managing' in the fact that we can meet the minimum…
Close to debt problems, need help please.
Hi, I am currently owing about £5,000 to Egg Credit Card, £4,000 to IF credit card, a few hundred to HFC comercial finance and around £900 to First Direct Credit Card. I have a mortgage for around £50,000 on a house worth around £85,000 - 95,000 (prices are around £92,000 on average here). My monthly outgoings are starting…
HELP! Bank account has been closed
:eek: Despite attempts to work with our bank (0f 6 years I might add!) they closed down our account without so much as a letter or phone call to say it was definate :mad: They had threatened to take away our overdraft and we tried to setup a payment plan which we had been told we had no reason to believe wouldn't be…
Room for improvement?
Hopefully you wont see this as wasting anyones time....am not a finance expert...so am just leaving it to you guys to see if there is room for improvement! Income: Monthly after tax £1056 Outcomes: Monthly NTL Digital £38.50 = all sky sports + MUTV + family pack(inc £10 refund) NTL Phone and Broadband £27.49 = 300k +…
IVA's - Good or Bad
I recently read something about IVA's and was just after some advice on what people think about them. 1.What financial state do you need to be in to enter an IVA. 2.Is this gonna cause me problems if a few years down the line I want to get a mortgage? 3. How does it affect your credit record?
help i dont know where to start
I am in debt 12000 overdraft 0% interest sainsbury loan store cards credit cards My question is do i call those people that advertise on the tv or put the 12000 on to my mortgage
Trust Deed - am I tied to working full time?
Hi! Apologies if this has been posted already - but I couldn't see it anywhere! I am currently repaying a protected Trust Deed which I signed up in January this year. I have recently been off work for a week on my docs instruction with "anxiety" which has been caused in part by the worry of my finances, but other factors…
Bad Debt,please Help!!!!!!
HI,im a newbie here,this is my 1st post,myself and my partner have gotten into a spiralling debt problem mainly due to our bad money management,we have credit card debts of £8,000(between us),an unsecured loan of £32,000(paid off previous debts),we are both unhappy that we have aloud ourselves to get into this bad…
trust deeds
My sister in law has signed up to some kind of Bond which I think sounds like a trust deed. It sounds too good to be true, they pay this company £200 per month for three years and the rest of their debt is written off!! Whats the catch? we live in Scotland. luluspice
Advice needed
My OH is in debt by about £17,000 and he told me last year he would not spend in his credit cards. He has spent £2,000 without telling me. He says its private and we do actually have separate finances. He says he needs to spend on his Credit Card because he does not have enough money to meet his outgoings. HE blames the…

★ ★ ★ Meet your Ambassadors

Popular Tags

MSE News

NS&I launches new British Savings Bonds – but how do they stack up?
NS&I has refreshed its range of fixed-term 'British Savings Bonds' by adding a two-year and a five-year option, alongside its existing three-year bond. However, you can still earn more from the top-paying accounts elsewhere.
Lloyds, Halifax and Bank of Scotland to close 292 branches in 2024/25 – here's the full list, plus alternatives
Lloyds, Halifax and Bank of Scotland, which are all part of the Lloyds Banking Group, will shut at least 292 of their bank branches in 2024 and 2025, the Group has confirmed.
Martin Lewis: We need financial education in EVERY school for EVERY child
Universal financial education – providing young people with the knowledge and experience to thrive in our highly competitive consumer economy – is vital for the future of our society, MoneySavingExpert.com founder Martin Lewis has warned. Addressing an all-party group of MPs and peers at Parliament, Martin told them, loudly and plainly: we need financial education in EVERY school, for EVERY child.
State pension set to rise by up to £460 a year – but Martin Lewis warns it won't help pensioners this winter and most won't get the maximum
The state pension is set to rise by up to £460 a year (£8.80 a week) from 6 April 2025 under what's known as the 'triple lock' guarantee. But MoneySavingExpert.com (MSE) founder Martin Lewis has warned that any rise will come too late to help pensioners set to lose their Winter Fuel Payments this winter, while most won't get the maximum increase. Here's what you need to know.
The Body Shop administration latest – here's what you need to know
Cosmetics retailer The Body Shop has fallen into administration, resulting in almost half of its 198 stores shutting their doors for good and hundreds of staff facing redundancy. Below we round up all you need to know.
Martin Lewis warns council tax debt collection is 'so aggressive it'd make banks blush' – change is needed
Aggressive council tax debt collection practices – even after missing just ONE payment – are putting up to two million people at risk of serious harm, new research from charity the Money and Mental Health Policy Institute (MMHPI) has found. The charity's chair and founder Martin Lewis has called for Government action and urged local authorities to look at their methods in the meantime.
First-class stamp prices to rise by an inflation-busting 22% from 7 October – here's how to beat the hikes
The cost of standard first-class stamps will rise by an inflation-busting 22% from Monday 7 October, Royal Mail has confirmed – but if you buy some now, you'll still be able to use them after prices go up.
Nationwide to hike FlexPlus packaged account fee by £60 a year – should you ditch and switch?
Nationwide will raise the fee on its popular FlexPlus packaged bank account from £13 a month to £18 a month in December, the building society has announced. If you've got the account, it's likely worth sticking with for now – though you should diarise to look at alternatives when the new fee kicks in. Here's what you need to know.
FREE visits to 5,000+ UK historic buildings & heritage sites in September
You can get FREE access to many historical sites and tourist attractions this month including National Trust sites, castles, locations used for TV and film including Pride and Prejudice , The King's Speech , and Bridgerton, and more. It's all part of heritage open days across the UK.

View All

Debt-free wannabe

Categories

Popular Tags

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Debt-free wannabe

Category List

Discussion List

Categories

Popular Tags

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free