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Defaulted Lloyds & MBNA debts – no contact since 2025. Should I wait or reach out
Hi all, I’m looking for some guidance on the best next step with two defaulted credit card accounts. Lloyds and MBNA both reported defaults on my credit files in July 2025. After that, I made an affordability complaint to the Ombudsman. The Ombudsman issued a final decision in early 2026 and didn’t uphold my complaint, and…
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First default
How do, Had my first default on credit rating. Loan from ratesetter for just under 3k. At present I have arceurope hounding me for this one. With them being a collector, not purchaser do I ignore them until it's sold or just start paying them via SO? With it not being sold, a prove it letter seems a bit pointless? I…
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Cabot rejected £600 full & final settlement on £2,224 CCJ debt – what next?
Hi all, I'm looking for some advice regarding an old Ambrose Wilson debt that is now with Cabot Financial. The debt was originally an Ambrose Wilson account and was later assigned to Cabot. A CCJ was obtained in August 2024 for around £2,173. The balance is now approximately £2,224-£2,269 depending on which statement or…
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0% balance transfer
Hi all. I have a 0 balance transfer card thats been open for years. It currently has 0 balance but a 3k credit limit. We are due to start the remortgage process as out fixed rate ends 30th sept. If I transfer a balance from my other card to the 0% card will that affect my credit score. Or should I hold off until…
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£31,000 Credit Card Debt and My Anxiety is Unbearable
Hi everyone, I’m in around £31,000 of credit card debt
across four cards, and the stress and anxiety is seriously affecting my health. I’ve
struggled with anxiety for over 20 years, and this situation has made it so
much worse. I missed my minimum payments in March and will
likely miss them again in April. The constant…
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Success with challenging Final Charging Order?
Hello folks. For background, I am in debt to the tune of £60k (all consumer debt), £11k of which is owed to a bank. My creditors have been good to deal with overall and I am in a self managed DMP with standing orders going out each month. Everyone except the bank seems ok at the moment. Solicitors acting on behalf of the…
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Old joint account overdraft debt
I am after a bit of advice from some of you rather fantastic people. I broke up from my ex about 12/13 years ago now and at the time there was a lot of debt between us. I have managed to pay off all the cards and debt that has been in my name, however there is a debt that is against a old joint bank account for a unpaid…
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At my wits end - I don't know what to do
I entered into and IVA last year and after 12 months I lost my job and had a mental health crisis. I stopped paying the Iva and I think it's been closed now. I want to get on track with paying things off but I don't know how to get started again. I would be ever so grateful for any advice from anyone. I'm not currently…
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D(MP) Day! 1st July 2025
Hi everyone, First of all, a massive thank you to: * Everyone who has shared their experiences with debt – it’s incredibly reassuring to know I’m not alone. * Everyone who offers advice and support – this forum has been a godsend. I’m currently dealing with around 46k of unsecured debt: * MBNA Credit Card – £17,000 *…
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Statue Barred Time Limits and Debt Admission through Payment Plan?
Hi everyone, I have read some excellent advice on here and hoping someone may be able to guide me through my situation to make sure it doesn't get worse. I accidently set up a payment plan yesterday for a debt which was defaulted on 30th September 2020. As this debt was accrued in Scotland I believe it should be stature…
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After 4 years and 3 months on my DMP...only 5 payments left to debt free
No real point to this post, other than writing it down makes me so happy. I started my DMP 36k in debt in October 2021. Doing that DMP was the best thing I have ever done. I have lived my life, whilst paying my debts back. I can't believe I have only 5 payments left. If you are thinking of going down this route..stop…
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Repayment of overpayment of carers allowance dating back to 2010.
I’m looking for advice on a long-running DWP Carer’s Allowance overpayment and whether I have any realistic options to challenge the ongoing recovery. I was overpaid Carer’s Allowance due to working slightly over the permitted hours (I did not realise at the time I had breached the limit and did not report the change). I…
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Should I go down the DMP route as suggested?!
Hi 👋, I'm struggling. I'm over £30k in debt on CCs. My OH has already helped me out to pay off one, but I want to try and sort the rest on my own. Interest has now kicked in on all of them, and while I'm keeping up with payments, they're minimal. By the end of the month, I need to put things on my CC, so I feel like I'm in…
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Newday - no contact still
I have previously mentioned I won my affordability claim back in Dec/Jan with Newday. I’ve had no letter directly from them but they sent it to the FOS who forwarded it to me. So I know my outstanding balance. When I won back then I called Newday (yes I know should haven’t) and asked about paying it and they gave me two of…
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Unenforceable debt/settlement agreement reached
I need some advice please, struggling to find a straightforward answer! The short story is about an MBNA credit card debt that defaulted 6 years ago and will come off my credit file by the end of June. The debt was sold to Link and I have been making minimal payments the whole time. The remaining debt is just over £11k and…
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DMP advice please
Hi all. I’m currently looking at setting up a DMP due to the amount of debt I currently have. ( over £60k ) I would just like some advice and help if possible on a few things. Having read a few posts on this forum I’ve set up a new separate bank account and my wages will now be paid into this bank. I’m currently in the…
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Seperated With Mortgage And Secured Loan
Please help... Me and my ex have a joint mortgage and secured loan (2nd mortgage) I'm looking to remortgage with my new partner and remain in my family home. Both our credit scores are around 500 on clear score, we have car finance, store cards, credit cards that have stacked up since all 4 of our young children are now…
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My overdraft showing as up to date on credit file and not defaulting!
Hello, I have all but 2 debts to default, one being a Halifax overdraft, it shows as up to date on my credit file despite being overdrawn and no payments having been made for months. What do I do? Obviously I want them all defaulted for that 6 Years to start, any advice welcome
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Legal action - understanding the difference between companies?
Hello, as the title says, Im a bit confused. All but 2 of my debts are defaulted now and I have received a letter from Lowell who are dealing with my Shop direct debt - not defaulted yet and my Virgin money which is shown as defaulted on my credit report As I have not acknowledged them yet the letter says they are…
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Confusion over debt solution deepens
Hello all When I last wrote (a month ago?), I had been advised to wait a further 3 months before applying for a DRO as I had only taken out 2 of my 6 credit cards in February this year. However the mental strain is too much for me, yesterday I called Money Wellness, who I was planning to use after recommendations on here.…
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