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Car repossession shortfall
Hi, I’m a newbie here so I’m sorry if this is wrong thread/details. I will be happy to go and read another thread about my issue. My car has been repossessed back in October as I fell behind with payments. Agreed with the finance company they will collect the vehicle which they did. What I am struggling is that vehicle was…
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Seriously in debt, this forum looks like it might help?
Hi all, I've been reading various posts on here about people coming to the end of line regarding debt and exploring what they can do. I'm in the exact same situation. Around £45k in debt. 1 Personal loan and 4 credit cards. If I understand the formula. 1) Do not immediately contact a debt charity like CAP or StepChange. 2)…
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Wescott final settlement - letter or email
Hi Just about to offer a final settlement to wescott, Do I email them the offer or do I write an actual letter? Which is best Thanks
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What small DFW things will you do this w/c 10/02
When we start on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards, and canceling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when in…
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What to do…
I’m in approx 70k of debt. I have been looking at a dmp and have mentioned this to my partner, however she is not keen. She thinks it may affect my position in regard to an opportunity with the company I work with. The risk as far as I can see it is if I get credit checked however that won’t be pretty without a dmp if…
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debt help
HI all, im trying to get my finances in order as im currently in a lot of debt, £32k ish currently I can just about to pay the minimums and loan payments every month. and if I do overtime or hit bonus at work I can live a little bit etc ive done a SOA which ill add below. I know I can save a bit if I change my car and im…
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Car finance mess
Hi I’ve joined this forum purely with wanting some advice and guidance on what to do regarding my car finance. So in August 2020 I took out Conditional Sale (CS) finance totalling £14,357 on a 60 month term. Payments £243.34 a month. Things all going well never missed a payment until a couple of years down the line.…
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Mortimer clarke
I need help, this company is chasing a loan that was taken out before 2013, we added it to an iva in 2013, they are saying the loan is secured and was never part of iva but our iva company made payments to mortimer clarke for the whole 6 years we were in it. We finished iva in 2019 and mortimer clarke have waited until 6th…
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full and final settlement offer rejected
Good afternoon all Im looking for advice. I have had a bill come through for my mums care of £40,845 they claim deprivation of capital which just isnt true!! i have explained that i dont have the funds to pay this and sent 2 full and final settlement amounts as they said they would consider this to clear the debt quick.…
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Advice needed - Defaulted on loan, have not heard back
I defaulted on a personal loan that I took for a family member's medical bill as they were without insurance. Was confident that I'd be able to pay it back but I've lost a good job over a year ago and have been taking odd jobs here and there that can barely cover household expenses. I fallen into arrears for 6 months…
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Barclaycard Irresponsible Lending (historic)
Hi, I wondered if anybody had any success with a historic irresponsible lending claim? My claim is with BC (account now defaulted and with PRA) My issue is that FOS have come back and asked me for bank statements from 2011-2015 when my credit limit was increased without me asking for it (for context , I ended up with a…
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Son's debts probably coming to my door
My son used my address as a c/o a few years ago during a messy relationship break up after he lost his home. His ex partner was alcoholically chaotic and made several false allegations against him. He ended up living in his van and working around the south of the UK, but needed to re-tax the vehicle - hence c/o my address.…
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Probably a really easy question for most of you but I’m not sure….
Hi everyone. I’m trying to find the answer to something and I was hoping one of you might be able to clarify for me. I’ve found similar questions in the forum but want to make sure I understand properly as I had a bit of a meltdown this week and am now considering an IVA… I have defaults and a CCJ first recorded nearly 3…
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Secret debt comments please ..
Looking to just offload as I have no one i can talk to this about. I've been silly ( like most ) my debt might not seem alot but it's eating me up inside and unsure if that is due to the secrets of it. Husband and I always have had seperate accounts etc anf chipped in our parts each. Mortgage is low and we remortgaged 2…
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New DMP’ers and bank account switching service
Just for anyone in the process of setting up a new DMP who might need to close bank account with creditor and open a new basic account, follow the advice from the oracles on here and do it manually - DO NOT USE SWITCHING SERVICE! I wish I’d read this advice before I pressed submit! I’ve had an absolute nightmare for the…
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Helping Dad with long term debt / CCA without default (Barclaycard)
Hello Trying to help my Dad wrap up some remaining debt and want to check that my plan of action is sensible. I'll get this out of the way - yes I'm aware that I shouldn't be responsible for his situation, but luckily it influenced me to be switched on with my own finances. --- History 2019: Made aware of his debts in when…
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Re-finance personal loan
Hi, I'm new on the forum and looking for advice on how to get a better interest rate on my current personal loan with Barclays. I've been banking with Barclays for 8 years as my main bank for both income and savings. In May last year, I took a personal loan at an interest rate of 19% which I've been told it's because of…
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Can this be statue barred
One of the debts Lowell keep chasing me for, I made some payments in 2023. I found by looking through my emails the last statement sent by Barclays was 2014. Would this have been statue barred?
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Best Approach? CCA now or wait for LBA
Hi all, I've read plenty of threads on here about CCA letters and what an LBA entails. However I can't quite work out what's best. Either I send a CCA and hope for the best, or I wait for an LBA and put my request in there assuming their process will happen before the debt it statute-barred. By way of background info, it's…
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PRA group - can it be statute Barred?
Hi there, I have PRA calling me for a long time now they bought debt off Natwest years ago must be over 10 years now. I believe payments stopped to them when my DMP was paid in 2019 but this debt was unpaid as I found out it was unenforceable so paid other debt. Am I now able to do a letter to confirm if Statute Barred ? I…
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