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Best way to get out of credit card debt when can’t get a 0% card
Hi, wondering if I could get some help please? I’m currently in a bit of a difficult financial situation. My credit rating is currently fair and although I have a new job with more money, I’m struggling to pay off my credit cards. What’s the best way to do it if I haven’t got the credit rating to get a 0% card? I don’t…
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Observation after a default dropped off
Just had my final default drop off my credit reports as it reached the 6 year point. Whilst I'm expecting nothing, did check my Transunion score and the default has been removed from that within a week. My fake credit score dropped by 21 points due to me now using a greater % of my available credit (paid my credit card,…
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So you can make a difference with help from peeps on here.
Just would like to post that things cannot be better for me now. Debts paid off years ago, won a miss sold pension case which gave me a lot of cash back. I am in the process of buying a nice house for the wife and I with cash - no mortgage. If you dig in guys and look to the future you will do it. Would like to thank all…
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Debt advice sought
Advice need on this situation if anyone can offer it. Basically started a business in 2017 and to help get it going I was kind of living on credit cards to make ends meet, plus a wedding to pay for meaning I have 3 cards with around £4500 on each. Also moved house which was more of a necessity than want due to growing…
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Should I aim to partially or fully settle my defaulted debt?
About 2 years ago I ran into some money problems and ended up defaulting on a fairly significant debt which now sits with Allied international. I've been paying small monthly payments since then, but I'm finally in a position now where I can think about paying more back in. A few months ago I got an email asking to discuss…
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Cca and mediation
Thanks to the advice here I managed to challenge PRA taking me to court despite me making a cca request! I'm glad I've kept my nerve, they have tested it to the extreme trying to scare me. So now they have finally sent the version of the CCA agreement which actually says on cover letter they are still awaiting further…
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Possible statute barred debt
This discussion was created from comments split from: ACI-UK have contacted us about a debt but no info provided.
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Is this a mad idea ?
I have loan that has £5000 left on it, paying £300 a month, minimum interest now. I am getting £5000 extra in by the end of the month, am I mad to think about putting the 5000 in premium bonds and taking out 300 a month to pay for it? I am just wondering whether it may be an idea, with a possibility of winning some small…
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DMP to CCJ Charging Order Help Appreciated
Good morning, thank you for reading, this is my first post on here, having spent hours and hours reading through the forum and far too much time on google too. I have managed to get into a debt to the tune of over 100,000, caused by a poor budgeting and an old house that has needed deeper pockets than I have. I've followed…
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Credit Authority request and response to date doesn't seem right
Hi all, As part of getting to the bottom of our debt challenges requested a Credit Authority from Lowell's for an O2 debt which they claim incorporates a number of 'accounts'. To date they have supplied one Credit Authority which specifies an amount of approx. £1200 for a fixed sum loan for a single handset at the time the…
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ACI-UK have contacted us about a debt but no info provided
Hello, my husband has received an email today - never had prior communications with ACI UK nor heard of them. now this is worrying as it has set up to our joint account so this money taken will also be mine. We recognise the figure but this was for a loan the has been completely cleared and we have the letter form the loan…
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Default Notice Paperwork
Hi All (again), Apologies for another post, this time about a different issue though.. 😉 My default accounts are due to slowly drop off my credit report over the next few months, most have actually now gone and only two remain. However in attempting to locate and file some of the old paperwork, I can’t locate three of the…
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Company debts
Hello, If i run two companies at different locations and i owe money to a electricity company at location A and then business gets shut down due to personal issues etc can that debt be chased at my other business location B? Both are different companies but i am director of both companies. I am not running away from the…
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Phone company debt
Hi, I need some advice due to personal challenges I made a stupid decision and took out multiple phone contacts and now they have amount up and I’m struggling to pay them. They are all amount up and my income along with living cost and other debts doesn’t allow me to see a way I can afford to pay them each month without…
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Debt collection letter that seems dodgy
I have received a letter from JC International Acquisition stating that I have an outstanding balance of £610 from the originating creditor: SSE. They said they've asked Resolvecall to manage my account for them. Within the same letter, there's a letter from Resolvecall saying they have been instructed by JC International…
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Shall I stop paying credit cards?
Menopausal exhaustion and brain fog led me to leave a lucrative career, but I didn't adjust my lifefestyle to match it, and now have credit card debt. I've been cutting back everywhere just to make the minimum payments, but this isn't sustainable. I'm not even making a dent in them. I am single Mum to 3. The 2 oldest are…
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Warrant of Control/CCJ
Hi, just after some advise. I defaulted on a credit card about 2 years ago (1.8k) debt. I have now been issued a CCJ for this....I chose to ignore all previous letters. All these letters are going to my parents house and I have since moved out. A Warrant of control has now been sent, a final warning saying a bayliff will…
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So stressed! DMP & Defaults
Hiya, I’ve spent all week chatting to PayPlan via Whatsapp, and finally come to my options. Their recommendation is IVA.., but also said I can do ‘self managed payment arrangement’ but they said they don’t advise this as some creditors say no. Then there’s bankruptcy. I definitely won’t be going bankrupt, and I don’t even…
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Help! Being ordered to pay £500 as I didn’t get the court letter to attend variation of payment!!
I had some work done at my house. I was left with trailing extension leads for years as there was no power to whole areas of the downstairs to my house. I refused to pay. Despite a report from an electrician to say that the work was poor, the electricians won?! I have to pay nearly £5kI sent an N44 application to the court…
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Still being charged interest on DMP
Hi guys, New here and very very stressed about my DMP with StepChange. I've been on the plan for around 10 months - I have about 16K of debt with 5 creditors (all credit cards). Three of the creditors - Virgin Money, Barclaycard and NatWest - didn't accept the DMP and have continued to contact me and charge interest. I'm…
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