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Another irresponsible lending query!
Hi Guys, I am considering logging an irresponsble lending complaint for a complaint for a creation loan that I was given in 2017. The loan ended in 2021. I know that there is a 6 year rule - does this mean that I am too late. Is it 6 years from the point of application, or 6 years from when the credit agreement ended?
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Does default change how I should tackle large debt?
Hi everyone, I love the support you give everyone in this community and I've been following passively for years. I'm in quite a spot of bother and I could use some advice on how to start being proactive. Over the last 5 years or so due to a bad relationship, covid and then unfortunately succumbing to a large gambling habit…
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"enforcement officer" visit - do they leave a card if no one home?
If no one is at home, do they leave a card? Context - just received two letters for a previous resident - they'll be sent back 'return to sender / not known at this address' just like all the other post for that person. Not bothered about enforcement officers visiting as not our debt, but was curious if they'd leave a card?
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Engage with Cabot now or wait until court action?
What is the consensus on engaging with debt collector companies like Cabot? Engage with them or ride it out until court action and hope to get the case dismissed on a technicality or settle at a late stage? Risky strategy perhaps! For transparency I have several defaulted credit card debts (I got into serious financial…
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Advice for credit cards please
Hi, I am £10K in credit card debt, and have recently been made redundant. For the last couple of years, I've 0% balance transferred some credit cards and stayed on-top of my payments. Things have been tight for the last few months, what with the cost-of-living-crisis etc, and I was talking with one of my credit cards to…
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Can I take the Status Barred option?
I live in Ontario, Canada. I received a message from PRA group to call them at an 844 number to settle an old debt from 2011. The debt doesn’t appear on my credit history report. I haven’t made any payments towards the debt nor have I accepted ownership over the debt. Can sending them a status barred letter work against…
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Zopa Loan Financial Help - Does it even exist?
With the cost of living and my mortgage going up drastically, I reached out to Zopa to say I was going to struggle to make my payments over the next few months until I can catch up with myself after taking this hit. I spent over TWO HOURS on their chat with an agent with her quizzing me on income and mental health etc,…
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PRA CCA - new info provided
Hi all, I have started previous threads on this. I asked for CCA from PRA for BC account opened on 2010. At first they provided default notice and something else, today they have provided me with what looks like a genuine CCA. In fact there seems to be two. One in the address I would have opened it in, and one in current…
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PayPal credit CCA request/F&F
Hi guys, my PayPal credit account was recently sold to Lowell. They have written to me today offering a 70% discount and I’m tempted to try and get the funds together. Does this seem like a good offer for such an account? Also with regards to CCA requests for PayPal Credit, is the process the same as if it were a credit…
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PRA Group advice
Hello there, Nervy lurker seeking some guidance on the infamous PRA group if possible, please. I’ve read other threads but they don’t seem to quite fit what I’d like to settle in my mind. I hope it is ok to start a new thread. I’m in the process of becoming debt-free (having made so many mistakes in dealing with the debt…
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Allocating funds
Hi all, I find myself in the bittersweet position of recently getting an inheritance of £25k. The reason I’m posting on this board is that we have significant debt and I’m really not sure where to start with what to prioritise…. Living beyond our means historically plus some bad luck during covid got us into a real mess…
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Budgeting App - Recommendations
I'm spending far too much time tracking my budgets on Excel - I want to switch over to an app to speed things up, but so far I haven't found on that matches the way I track my budgets... Happy to pay for the right one, if it exists. First two points I think will be covered by most apps: - It needs to download transactions…
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Help with paying of DMP using full and final settlement
Hi, new to the site and after a bit of info/advice Ive had a DMP with stepchange for about 7 to 8 years, recently looked at it and ive decided i want rid, to hopefully purchase a house in the next year. my credit score has just got better after 7 years as the default payments have cleard. Just after opinions on whats best…
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Free Credit Reports
Hi has anyone else noticed that the Free Credit Reports are now longer showing default dates. I have ordered my Experian Statutory Credit Report to see if they appear on that, as Experian no longer charge you for it, worth a shot.
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CCA request or prove it letter?
I've had a letter from Nolans Solicitors threatening court action behalf of Marlin Europe, but to be honest I'm struggling to identify the debt (although if it's mine, I have a suspicion who it might be). I'm not sure whether a CCA request or a prove it letter is the best way to go. I've had nothing from either Nolans or…
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A DMP and Budgeting
I have several debts at the moment. I have 4 defaulted accounts that were passed over to debt collection agencies. Three credit cards and one overdraft. I have another credit card that hasn't defaulted. I have a JSA advance. I have also two unsecured personal loans. The loans are doing the damage. Both are in arrears and…
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Debt has finally caught up with me
Don't even know how to start this tbh, so I'll just summarise for now. I'm about £56k in debt over a number of loans and 3 credit cards. Until around 12 months ago, I was easily able to manage these debt repayments, and just about get by. A bit of history...It all started around 10 years ago with my divorce, when I ended…
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DMP; I need advice
I am in about £20,000 worth of debt. £7000 of it is spread about 4 credit cards all at high interest (about 40%), £10,000 in loans which at the rate I’m paying them back will take me 4 years and £3000 in an overdraft with NatWest which cost me £80 just in fees every month. I got into this situation through poor money…
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Debt Settlement Letters Do I have to include a budget planner?
Hi All! I'd like to offer 5 creditors a full and final settlement of extremely old debts of my partners. I found some templates online - do I HAVE to complete and include a budget planner when offering the lump sum? He's been paying £1 a month for years and years and some are now are now asking for a budget planner to be…
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Debts
My partner took out credit cards in my name - without my knowledge - and amassed debts of over £50, 000. I found this out August last year…. And had a stroke. I was in hospital for over 3 months (he did not visit) and then I stayed with my mum and dad. This is when my mum travelled to my home and picked up my post and…
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