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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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Urgent help required
Hi, At the end of 2004 I cashed 6 cheques for £100 each with a cash chequing service. They subsequently bounced a bit later on and the debt was passed to Certegy to pay off. They wanted £100 x 6 for the cheques and £45 x 6 for their charges. Totalling £870. Firstly they keep rebanking the cheques over and over even though…
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Advice needed ... pay debt off or not ?
I have just obtained a substanial amount of shares through a savings scheme. I also have around £10,000 of personal debt (cards, etc), plus a mortgage. My initial instinct is to pay all the personal debt off asap, but is there a more efficient / better way to use the money available. I have been toying with the idea of…
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advice re tax credits & statement of affairs to creditors
advice needed please. I have just started receiving tax credit payments again today with it being the new tax year and all that. For the past few weeks I didn't get any to sort some overpayment out I didn't alter my budget in any way. BUT my new tax credit amount for CTC has gone down by nearly £30 a week based on an…
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Council tax bailiff help needed urgently
Hi This is a long one but i need some help. I had a phone call this evening from an ex girlfriend (mother of my first child). She lives in a flat that we used to share. She has arrears of £500 council tax from last year. She spoke to the council last October and arranged to pay them £80 a month, then she spoke to them…
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Council Tax advice needed
I need some guidance on what to do with my council tax bill last August i moved into my current rented flat with my (now ex) girlfriend, however our property agents did not (as promised and has previously had done) inform the council of the change in address and subsquently we recieved a reminder and then a summons for no…
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Bit of advice needed re court papers
Hi, I'm an avid supporter of this forum and know there are lots of you out there with some great advice so can you please help me. In basic my husband had to declare himself bankrupt recently after failed business. I am currently fighting to save our home as fortunately all debts were in his name so I am now in the process…
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citibank - 4.9% on cash advance
hello there I've got a citibank credit account which was 0% and has now reached its cut off - they are now offering cash advances of 4.9% apr - I am thinking of taking it up and paying my overdraft off then switching my outstanding balance to another 0% card this will mean an outstanding balance of around £1880- one…
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Im A Homeowner And I Can't Get A Loan
IS THERE ANYONE OUT THERE WHO CAN GIVE ME SOME ADVICE!!!!!!!!!!!!!!!! Me and my boyfreind moved into our first own house a year ago. We have managed to build up a lot of debt between us totalling to £25000, through credit cards and a loan. We have no ccj's or have never had any bad credit problems in the past and have…
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Should i spend it, or.....
Problem is this, am due to get a lovely lump sum as a bonus from my employer, approx £500, not huge but better mine than yours (so to speak), trouble is i currently owe £1500 on my A/L card. I'm paying £100 month off the card at the moment But it's been ages since i spent anything except pay BILLS, (yes i know its got to…
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a debtor in despair
I've had debt problems for several years...I ran up debt as a student, then on graduation temped for a while, spent six months unemployed during which time I got oodles of penalty charges, then started my first ever contract in January....which is due to finish in a month. The security of having a contract- even though my…
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A little advice required
Hi, i have a lot of debts, credit card, student loand etc. I have just realised that i'm paying into an insurance policy that is currently worth £1700. It was meant to run for 10 years but i'm now in my 5th and have been told i will not get charged for surrendering it. The policy has lost around about 400 in its time. The…
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Benefits.. dont want to be on them.. cant get off them!
Hello there, Am I the only person out there on benefits and struggling to survive?? Ive just watched my neighbours head off for yet another holiday abroad, their children are dressed in all the latest designer gear , mums always immaculate, and dad has a brand new 4x4!!! .... and I live next door. A single mum(no im not…
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Help needed get out debt
Hiya all I listen to Radio 2 and thats how I heard about this site. Almost 8 years ago my first wife left me and the kids and I then discovered what sorts of debts had been run up without my knowledge. OK I should have been more hands on with the finances but we had been married 12 years and I trusted her implicitly. I…
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Advice Please
Hi, I have got debt worth approximately £12K and have got defaults with 4 lenders for that amount. I have contacted them and asked them to send me a letter detailing how much I owe. The reason I got into debt was because I left the country 18 months ago to go and deal with a family bereavement but now I am back and would…
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Paying off Loan
My husband and I took out a £7500 personal loan at 6.7% in sept. last year to buy our cars. We are now about to take out a small mortgage to carry out some household improvements and will need to consolidate this loan into our mortage (cannot afford the repayments for both). We have received a settlement figure today for…
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Mortgage/ savings
Hi Please be gentle with me as it's my first time! I have a mortgage of £95,000 at 4.99% with 23yrs left. I've got some spare cash left over at the end of each month about £200. I can overpay my mortage without any penalties and i've read on this board that if you can you should put it in your mortgage as its tax free. say…
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basic bank accounts
i have been advised to close my main bank account and open a basic account where i can have my salary paid into direct debts paid out. i will need a cheque book but will not need a credit card or chq guarentee. has anyone got any advice please. sorry c.c.c.s have advised me to do this so they can help with our debts.
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HELP! COnfused! who am i dealing with?
Hi there. I'm very new to this but thought i'd ask to see if anyone else had any experience in this. My hubby and myself are in our early 20s and are approx £30k in debt! We do not own a house and basically we run up the debt by taking out more loans to pay stuff off and adding extra to it. We took out our 1st £4000 loan…
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