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Virgin debt collection process
Good morning. I have two credit cards with virgin and wish to manage my own DMP. I have been waiting for defaults. I don’t have any defaults from virgin on my credit report yet, however, I have now received letters stating that my accounts are now with Intrum UK Finance Ltd, Interum have appointed Capquest and Capquest are…
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Help with offering a settlement on a very old debt
Hi All, I haven’t been on here in years, but could do with some advice. Years ago I run up several credit cards and one was sent to a debt collector. I’ve always been paying it off every month. This is now around 10 years ago. The original debt was around 12k I’m now down to 2k. I’ve paid off pretty much 80% of my debts so…
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Monthly car insurance payments whilst on a DMP?
Hi, Does anyone know if it's easy to pay for car insurance monthly if you are on a DMP?
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Some help please on my debts - Credit Report doesn't show "date of default"
Hi All Hope you're all well Up to about 2018 we were in a Debt Spiral, over 75k as a couple, mostly C/c's, some bank overdrafts From early 2019 we set up time-to-pay arrangements, closed all c/c's / overdrafts, and have been living month-to-month with about £15 a month going to various Creditors. I have checked my "Your…
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Should I accept the offer?
Hi, I have recently received my first default from Credit Spring. I have received an email to say that they are offering me a payment of £10 per month or they will pass it to a debt collector. Should I accept? I owe about £709. Thank you very much
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Statute barred?
Hi all, hope someone can help! I am working through my debts but I have 3 old debts that dropped off my credit file in October2023, however Lowell are chasing me for these debts, they have written to me over the years but I have never responded but would like to know my legal position as regards to if I have to pay these…
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13.5k credit card debt = stress
I stupidly let my credit cards spiral and I am now so stressed and angry at myself as I don’t have much spare money .. I’m looking for advice on the quickest and easiest way to get them paid off.
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Income and expediture
Hi all - I am trying to arrange a reasonable payment plan, this exercises are quite difficult to judge as realistically many spends are adjustable, what is the best tactic to have a largest options of payment plans available? Is it to leave just the amount you want to offer per month or something else? Many thanks
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Avalanche method?
Hello, newbie here.. I have two CCs I want to pay off and can’t decide whether to avalanche, whereby you pay off the one with highest interest rate, or just tackle the biggest debt. The one with the higher interest rate is currently just under £2k. The one with the lower interest rate is just over £4k. I really want to…
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How to check defaults?
As anyone who has read my posts (bad luck) i am managing numerous credit card and loan debts and awaiting them to default i do find the various letters quite confusing and even misleading, is there any way to check whether you have defaulted…i realise credit files are a good place to start but the free ones seem to be…
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Income on the side
Hi all. Ive been looking to pay down a loan before march 2025. To do this ive been looking at ways to supplement my income by playing paid to play games, surveys etc, but the returns are miniscule in comparison to the time invested. Im looking to increase my side hustles to help me achieve my goals quicker but i dont see…
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Payment plans
I am arranging a payment plan with Barclays. The only long term option they have is a payment plan, they say it’s not a default on the credit file. In reality is a payment plan and a default the same thing ? Or is one “better” than the other? Thanks
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Desperate advice/help needed
Hi All,I really need you help. Since covid as many others we have been struggling financially. Will try to cut long story short if possible. 18 months ago I became disabled and my partner had to quit work to become my carer. I have been able to still work full time which I'm so grateful for. However losing my partners wage…
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Can American Express continue to do this?
I wrote a letter to American Express back in January of this year regarding my very difficult financial situation. The letter included my budget document from Step Change. I never got any response from them but instead continued to receive letters as though they hadn't heard anything from me. I then sent two additional…
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Outstanding balance
Hi all, I am hoping I can get some advice please i received a letter from Lowell saying I owe T-Mobile 20.87 they say they will keep writing to me, calling or pass my details to a third party collection agency i I haven’t been in contact with T-Mobile since 2013 weren’t even sure about any outstanding balance Is it the…
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Monthly car insurance payments whilst on DMP
Hi, Does anyone know if it's easy to pay for car insurance monthly if you are on a DMP?
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DRO and business debts
If someone is a "one person band" type business and they shut that business down completely can their business debts be included in a DRO? So no incorporation, or anything fancy just one person doing business work, previously been keeping their money separate but the business isn't viable and their financial life is a bit…
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Default on my credit score.
Can i remove a default from my credit file if it wasn't my fault. What happened was when I moved into a new property there was only £50 outstanding on a water bill which I thought I paid in my old property. Months down the line the people who bought my house messaged me saying there was a letter that came to the old…
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Advice on “silent” Barclays debt
Hi all, Appreciate some advice on how best to deal with this. Took out a Barclays loan in 2016, all fine repayments etc. In Nov 2017 received a cancer diagnosis and was unable to work for 7 months - Barclays refinanced this loan to me as a “resolve” loan - and interest frozen. I was paying back the resolve loan for a few…
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Newbie needing urgent advice
Hi I am finally no longer ignoring what’s been stopping me from getting a good nights sleep for the last year now an ready to get as much advice an help as possible. For context I’m aware this is completely my own fault for letting it just spiral out of control and doing nothing about it but the thought of it has scared me…
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