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Creditor unexpectedly threatening court action
As a summary i am letting my debts slip into default prior to negotiating payment plans. Credit cards and loans. As advised by the good people here All going to plan bar one creditor writing to me threatening a county court claim. This is not how the others are behaving what is the advice here? it presents a potential…
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DAS (Scotland) is ending
Hi Guys The last payment of my debt arrangement scheme is next month. Once it is finished I will be looking to build my credit file back up any way I can. I am just looking for some pointers and advice from anyone who may have been in the same boat previous. Eg is there any specific credit cards I could obtain to build up…
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Complaint letter to financial ombudsman
Hi all, I've reached the point of making a complaint to the financial ombudsman with regards to Lowell & Overdales Solicitors ref an account they have in my name. I've made complaints to both (weeks ago tomorrow) stating that the account they have in my name is fraudulent & that Capital One have also confirmed this, but I…
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Advice
Hello hopefully I have put this in the correct forum but I was looking for advice on what other people would do. Bullet points to stop me rambling on 😅 > Broke > Meeting all minimum payments but having to live on the difference between minimum payment and interest deduction. >numerous persistent debt letters although when…
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Loan to pay off cards
Hi I have 3k credit card debt. Three different cards different interest rates, 30.4%, 39.9% and 30% According to clear score I could be eligible for a loan which would be enough to pay these cards off (rate 39.95%) Would you do this? I want to be rid of the cards. I can cut 2 of them and keep 1 for absolute emergencies!…
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Credit Record from 2006
Financial Ombudsman has agreed to look at my Irresponsible Lending claim for my M&S credit card. Problem is the FOS wants to see a copy of my credit record from 2006? How do I go about getting this?
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DMP and barclays
So we've recently entered into a DMP with step change. I've already had some creditors accept our proposal and they have stopped interest. However Barclays sent a demand for full amount to be paid. Step Change has said that this is common and shows that they intend to apply a default on the account. My question is has…
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Capital One Debt
I wonder if anyone can tell me if they have ever had a debt from Capital One default and share their experience of the debt going into default. I had a debt with them many years ago that defaulted, although I never got an actual default notice, nor did I get a single letter chasing the debt. The first I heard was a letter…
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Got a text from bpo saying I owe money to talk talk from 2021
Got text saying I owe £13 from 2021 yes I was with talk talk but never got any debt letters from them it seems weird that it's took so long for them too ask for this money and being so long ago
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Scott and Co debt repayment
Me and my husband are in a higher amount of debt over our council tax bill and have to deal with scott and co now. My husband is not home at the moment and unemployed . I am here on a visa so not eligible for any benefits and he at the moment isn't either. My wages is the only financial income we have and there is nothing…
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Irresponsible lending help.
Hi, looking for anyone with maybe a similar situation. basically I’ve got myself into over £20000 worth of debt from several different companies. I’ve finally looked at everything and ready to deal with it. I contacted M&S bank to tell them I was struggling after 4 hours of going through everything they have offered to…
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Statute Barred advice
Hi, just looking for some advice on statute barred debt. I'm currently being chased by a debt collection agency for a debt which I believe is now statute barred. The date of the original default notice with the original company is January 2018 so this would put it over the 6 year limitation period. I've had no contact with…
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Can I add Charging Order instead of paying the debt ?
Hi I've recently discovered that I have a CCJ against my name from an old debt (i didnt see the letters) The amount is £9200, and it is simply too much for me to afford at the moment and the company are asking for 4 instalments which is also Too high for me currently. In the past I have had someone add a charge to my…
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DMP StepChange Problem (currently abroad)
I've been on StepChange and have put in all my debts (£18k) and budget and as l've only around £450 a month to put towards payments, I'm now at the stage where I can can't afford to pay even the minimum payment and so have no hope of ever paying the debt off as it's all very high interest (ave 35%). I defaulted on a couple…
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Is a DMP my best option? UPDATE: 2 years on - what now?
Hello I have CC's, overdrafts and a loan which amount to approximately 23k. I have been sailing very close to the wind each month and finally contacted StepChange last week after realising I am running out of options (I have got to the point where I am using credit cards for day to day expenses because as soon as I have…
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Terrible mess - benefit payment gone to wrong bank account.
Son is in a bit of a mess. Been awarded ADP and money was supposed to be in the bank today - but isn't. Now he thinks "maybe" he gave them his old bank details - can't be sure as has no copy of the form he filled in and it was 10 months ago. So a biggish back payment has probably gone to his old bank account. He left CC…
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Dreaded Default
hello everyone, i have now received the dreaded default notice from barclaycard. barclaycard have passed the debt on to a company called moorcroft for recovery. should i now start negotiating with moorcroft for a dmp by first sending off a prove it letter, just a little confused at the moment on what next steps to take and…
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How to pay off debts - around £5k
Hello, Wonder if I could have some help and advice on the best way to pay off my debts while paying minimal interest. I'm finding it a bit confusing... Over the past 5 years I have accumulated around £5k worth of debt in credit cards, overdraft and as a result of my most recent ex, as I ended up paying a lot more for…
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DMP final thoughts, has it really come to this.
Hi all, Firstly I'd like to thank all you for the support and information in this forum. When I thought I had no way out of this I found this place and has started to shed some light on some really dark times. I'm currently In a total of £31,184 of debt split as follows;Tesco loan £10,888JN bank loan £6914Barclays Credit…
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Living in overdraft + fees (Santander)
I have a maxed out overdraft of £1477 that I am living in and have a monthly £39 interest fee (I have been paying this for two years now, with a another year paying £29 per month) that impact bills. Occasionally I get two lots of these in the same month which just happened today (£77). As it stands I am -£1,477 and -77.58.…
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