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DMP, maxing credit and full and final offer
I have been reading through all the DMP posts and I see someone asked should they max all their credit before starting their DMP so they have a large emergency fund and can make full and final offers? Is this a route anyone takes? How early in could you make full and final offers? If you have a little lump sum available…
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0% Balance Transfer or Loan?
Hi All, I've been in debt for a while and honestly I've not managed it particularly well largely due to various external factors. I've been offered voluntary redundancy at work which would pay me out roughly £50k and I intend on taking it at the end of the year with the view of finding another job. My question for you all…
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A Smooth Step Change
Hello all, Been on my Step Change for 6 months. I have made my payments. Ie had one debt transferred and not too many letters. I am hoping this is it, for the next 4.5 years, I just make my payments and my credtiors are happy see i am being consistent in payments and life plods along. Is this the case? I feel like I am…
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How to totally freeze credit for UK citizens?
Is there a way to freeze all credit applications? To prevent getting in debt and also identity fraudsters taking credit out? I have searched for this but only seems to be an option for USA residents and not UK? Any help appreciated
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new debt collector after CCJ
a friend had a CCJ for a debt in 2001. she didn't pay & it was never chased up. 4 years ago another debt collector sent her a letter requesting payment, they seem unaware of the CCJ and do not have a credit agreement. Unfortunately she made a payment, They are now threatening a home visit. The CCJ is out of date & they do…
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Defaulted notices
Hello, I have now received default notices from 3 of my creditors be NatWest, 118118 and Updraft. All asking me to pay a specific amount by end of October . I will be leaving the country in few weeks time. Do I have to write to them back or wait for more letters? I have also set up a new address for them to send letters to…
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Link financial declined payment offer
I made a monthly payment offer to Link. It’s low but all I can afford. They declined it. I’ve since gone on and done their budget tool to prove it’s literally all I can afford. Can they do anything/take action? Life and circumstances have changed, I know I owe the money I just can’t afford more right now. Thank you
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Missing payments between step change and British Gas
Hi everyone, I am not sure if I am posting in the right place here but I am just looking to see if anyone has experienced anything similar to this. i recently entered a debt management plan and one of my creditors were British Gas. The plan had been open since the beginning of 2025. I was checking my credit report back in…
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When Should I Start Paying?
I've been reading this forum for months as I start my own self managed DMPs to handle my credit card and loan debts. The key seems to be to wait until a debt defaults and then set up a payment plan asap to avoid any chance of CCJs. Vanquis defaulted on my credit file last month and I received a letter from Lowels saying…
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Has anyone actually been taken to Court by TM Legal or had them threaten to on Statute barred debt
I have learned a lot from this forum so thanks to all. This time I seem to be experiencing a similar issue to others of Statute Barred debts being bought up, At first it was an old MBNA debt that became Statute barred ages ago, I means 15 years maybe It seems the cycle for each debt is as follows MBNA (replace as…
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Overwhelmed by debt - Progressing down Default and DMP route - Advice and help needed
Hi, I've not had a good relationship with credit and debt throughout my adult life, initially starting around 15 years or so ago when I got into a catalogue and payday loan cycle following me and my now wife renting our own house and having children quite young and not knowing any better. We got out of this with the help…
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Beware the December pay trap!
Yep - here we are again, time for the annual warning thread,,, I'm talking about the "December pay trap" - you know the one, rather than being paid on the last day of the month, or the 28th, "because it's Christmas" your company set up the pay run early - anything from 10 days early. The money lands in your bank account,…
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Finally credit card debt free
Been a while since we were credit card debt free but today I can say it. We changed the way we do the finances. Now my husband pays the bills as its easier to transfer from his account to the joint then the remaining goes to mine so I can withdraw the cash budget for the month then the remaining funds went to the credit…
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Debt repayment rules
I have three non-priority debts that are 16-years old. Total debt £16,400. I have had a repayment arrangement since then for £1 pm to each creditor. This arrangement has been trouble-free. I have now had an offer from the largest creditor (£8766) to pay this off at a substantially reduced amount (£3507) by December 11th. I…
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Pastdue credit solutions
Hi all, hopefully this will be an easy one to resolve and you’ll all reassure me that I have nothing to worry about. I’m a man and I have never purchased anything through Tesco Mobile, subscribed to any of their services or used them for anything. But despite this, I keep getting text messages from Pastdue, addressed to a…
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Protected Trust Deed / Debt Arrangement scheme advice
Hi After weeks of sleepless nights I am finally admitting defeat that I can no longer afford to pay my debts. I had a look at stepchange and their advice came back at either a trust deed or debt arrangement scheme (im in Scotland) I owe £50k in total though £20K of this is a car pcp which runs until March 2029. i…
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Credit card debts
Good evening, Firstly thanks for taking the time to help. I am trying to improve my financial situation. Over the last 8 years we have accumulated a significant amount of debt. Total at the moment is around £30k which is majority on 0% interest credit cards. A smaller amount of 3k is to a family member. We have recently…
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New here and considering DMP without my husband knowing
I’ve been lurking and reading for a while now and it’s been hugely reassuring to read everyone’s journeys and advice. Stepchange have recommended a DMP for me, I am however hoping to keep this from my husband, not only because he doesn’t know the mess I’ve got into, but because he’s really not in a good place with his…
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Received a court date for parking charges after following advice on this forum... What's next?
So, after following the steps posted on the stickies here on MSE and following various advice and doing everything required. Here I am with a court date for a parking charge. I am now asking for advice on the nest steps with telling Euro Car Parks Ltd to F off. I imagine they will not want to pay the £27 to risk losing and…
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Moved: Reset 2026
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