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Another tip to deal with debt companies
Carrying on from my first thread: We spend hours on a budget planner, we make sure its what we can afford, we check it again and then phone the debt company and get told its not good enough and they want more. Reason is they have got you on the phone - its their chance to get as much money as possible out of you - you then…
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iva advise
We recieved our draft IVA today , We owe approx 100k and have been waiting for weeks for IP to get IVA draft to us. But not good news. When we spoke to IP they advised we would need to contribute approx 450 pm maybe less. When hubby picked up proposal today it is asking for 565.00 pm for 3 years then 877.00 pm for 2 years…
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Debt being transferred from credit card company to debt collection agency
Hi there I am currently on a reduced payment plan with 7 credit cards and I have been since last year through the help of my local CAB. One of these credit card company wants the full amount up front by the 15th of this month (£4000). I am paying them 15 pounds a month just now and they have informed me that it will be…
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Dont know what to do......I feel like crying!
I have a £9000 loan with my bank and my husband has 3 loans so we owe about £17,000. I am suffering badly with PND (post natal depression) and am on 225mg of anti depressants so my husband has had to give up work to help me. We now cant pay the loans back. We have been to the citezens advice bureax and sent letters and…
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Consolidation loan?
Hi, I have around 25k on credit card debts. I've stopped spending and have been been shuffling the debts around for a while - all are life-long promotional rates (mostly 5.9%). I can (just) meet the minimum repayment amounts but obviously this means (a) that will take forever to clear the debt and (b) I have absolutely no…
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second job ? thinking of getting one
hi all, in a bid to haul myself out of debt a little faster than currently planned i have been thinking about getting a second job. my question to you is has anyone had any experience of part time jobs, which are the best etc. i work a 9-5 mon-fri so would be willing to work evenings and maybe some hours on the weekend.…
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Transferring overdrafts to a credit card
Hi, I was just wondering if anyone could answer this Q for me?? I recently posted a thread about my extortionate overdrafts. I was told that I could myabe transfer them onto an egg credit card. What is the limit I could get with a 12700 pa salary? My overdrafts are 3000 and 1000 respectively! My credit score isnt that good…
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Best way to use 15,000
Hi, I have been left bit of money, have paid off a few store cards with high interest rates, I now have about 15,000 left. So was wondering what will be best way to use this to reduce my debts? Have listed the debts I have left below, 8,000 on a Northern Rock CC @ 6% 4,000 on a EGG CC @ 12% 3,000 on a EGG Blue CC @ 12%…
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£45000 in debt help please
I have over 45k in unsecured debt 16k bank loan @ 9% 12k egg credit card @12% 10k mint credit card@15% 6.5k borrowed from brother to pay bills when i broke a leg and couldnt work. 1100 overdraught Payments per month rent 800 loan 294 egg 240 mint 220 child care 500 council tax 180 mobile 20 land line 10 food 80 motoring…
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Decided to sell, house going on market on wed, could we soon be debt free!!!????
hi all well as you know our recent house valuations really surprised us!! after thinking long and hard we decided to put our house on the market. we are then goin to rent and have decided to move to a bigger town, to be closer to work for hubby and nearer to family. we are hoping to have in excess of £18k from selling up,…
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Legal Proceedings
I have been in debt for some years now. I eventually gave up fighting what was a lost cause trying to pay them all off at the rates they required. I went to the local CAB office and they worked out a plan for me.They did all the working out and writing to the companies for me. All has been fine until recently. I was paying…
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CCJ's
My other half has had a CCJ made against him by someone who worked for him for a while. He claims other half owes him money. OH strongly denied this but the Court in their wisdom have decided otherwise. The thing is we are living in rented accommodation and are in fact moving in 2 weeks to another county. OH says he is not…
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Had credit report and
I'm ever so slightly confused...not that it takes much! It was one of those £2 reports from equifax and to be honest it didn't give the info that I thought it would! You see I thought that it would record the fact that although payments are up to date several credit card payments (I'm sure) were made late but these don't…
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Detailed Info on my debt, incomings and outgoings
Hi all As requested by a few people, here are my facts and figures. DEBT BARCLAYCARD £733.77 CAHOOT £1050.91 CAHOOT £5122.38 CAHOOT £1097.95 CAPITAL ONE £222.75 CITI BANK £201.31 HFC BANK £10,756.59 LITTLEWOODS £474.94 OPEN AND DIRECT £702.54 RELIABLE COLLECTIONS (WAS A CATALOGUE, SIMPLY BE) £1034.66 GRAND TOTAL £21,357.80…
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Credit Dilemma
Hi all, I am new to posting but have been reading the boards and the info on this site for a while. I have a small dilemma and not sure what to do, so thought I would ask the experts!! We are currently in quite a bit of debt, but we have a large light at the end of the tunnel. We have sold our house and due to complete by…
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18 and needing credit
I am slightly concerned about a few recent threads where people who have turned 18 have decided that they now need credit. Why? Why can you suddenly not have the same quality of life as you did before your 18th birthday without a credit (AKA DEBT) card, cheque guarantee card etc? Why are you so keen to put yourself in hock…
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Am I gonna lose my house????
Help - advice - anything please Situation is this - I split with my partner and spiralled into depression - ran up debts and am now trying to sort it out. But the more I ring round the more scared I'm getting. I earn £21,000 - I have a mortgage of £60000, solely in my name, on a house just valued at £125,000. I'm currently…
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Credit Card settlements
Looking for some advice. Friend of mine has got into a bit of a mess with credit cards and now can't pay them back. Total debt is £7k. She is trying to release the remaining equity on her house but that will not cover the outstanding amounts. She has absolutely no net income to pay the cards on a monthly basis - she has…
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lots of debt after uni
Lots and Lots of Debt After Uni!! Hello I took out a loan after university to repay my student overdraft (£3000 - barclays bank, ridiculous apr). Like a fool I didn't close the account and have now ran it back up again! I would dearly love to get rid of this overdraft, but I am unable to take another loan out (because i…
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Need help debt's getting out of control!!!!!
I have £3000 on a credit card and am not able to switch to a 0% balance transfer my credit rating is too low and getting worse. I am currently paying about £50 a month on interest & not reducing the balance. To make matters worse i am now falling into arrears on my mortgage and my ex will not let me sell up as my 2 kids…
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