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Balance transfer limit pretty useless
I took Experian’s advice and applied for a balance transfer account with MBNA. I was accepted then told the limit on the transfer is £500. No good to me, with a need to transfer £4,600. How do I find out how much a CC will allow me to transfer before committing to an application and how do I stop MBNA setting me up with a…
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Martin Lewis warns council tax debt collection is 'so aggressive it'd make banks blush'
Aggressive council tax debt collection practices – even after missing just ONE payment – are putting up to two million people at risk of serious harm, new research from charity the Money and Mental Health Policy Institute (MMHPI) has found. The charity's chair and founder Martin Lewis has called for Government action and…
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Last chance saloon before insolvency.
Hi everyone, I have been a very long time Lurker on this forum, and have used it for guidance and advice when I have had previous half-hearted attempts at sorting out our debt problems. today, for the first time ever I have sat down and I’ve completed an SOA. It doesn’t make for pleasant reading but I keep reminding myself…
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Settling credit card debt
Hi, I have £25,000 unsecured credit card debt over four cards and of this £19K has defaulted and these defaults will be two years old in November 2024. My credit report is only showing 19K of this debts and they all date to a similar time. I wonder why the other credit card (Virgin) isn't showing up? None of the defaults…
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Cabot Financial --> Orbit doorstepping and advice please?
Hi all, with much thanks to this forum over the last 10-15 years we've managed to sort out many of our old debts mainly credit cards. The only one really left is a Yorkshire Bank account sold onto Cabot years ago and they were terrible to deal with but in the end I said all I could afford was £1. for all that time the…
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Saving to pay off mortgage earlier.
Hi guys. So, currently my outstanding mortgage is 118k and it was a 28 year term when I took it out in 2022 (aged 41). Back then I was paying 375 a month, though that has now increased to 689 since the 2 year fixed ended - the rate was 2% on the first 2 year fix term, while since March the rate is 5.02% when I started…
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PRA group and Barclaycard
Hi. I have been reading lots of your great advice on this forum. I have taken aboard and having cancelled debts in Dec 2023, most of my debts are starting to get defaults. I was going to go through Stepchange and go with a DAS. However I have decided to go self managed DMP as I feel I would like to try and pay of debts…
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Credit card debt passed on to a agency
Hi Some advice would be much appreciated Opened the account 1996 Defaulted June 2021 - By default I didn’t make any payments to add I received no letters calls emails about the account June 24 letter claiming they have brought the said account and I owe £2000 The evidence available is I paid a further 6 months of £ and the…
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Default registered 2 years after DMP payments started
Hi, I started my DMP in May 2018 and now six years later I'm finally debt free. I had around 12 accounts that defaulted all within a month of entering the DMP, and these are off my record. However I have one account, Azzuro Associates, that didn't put my account into default until August 2020, despite me never missing a…
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Mortgage & DMP?
I have £21k of defaulted debts, £6k "not being collected" and the other £15k on hold pending CCA replies. Defaults will fall off in March 2029. My home is shared ownership with my 50% mortgage free and rent & service charge on the other half going up by APR every year. I'm 60, still working in the NHS and am debating…
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50k plus in debt, trying to assess options out of it!
Hello all, I'm beginning to realise that I'm in way to deep. I can't borrow my way out of this anymore (not that that's ever worked for me anyway) so I'm here looking for help and a way out of this. I've spoken with a debt help agency who've suggested a couple of options (I'm in Scotland so may be different to England)…
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Help with stayed court proceedings please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Intrum question.
Hi guys. Right, so... Intrum sent me this letter after i offered them about 25 % of the debt. Makes me thibk they dont even have the initial contact and I was wondering how to deal with it. The debt is from vauxhall as after finding out i have been miss sold the finance dont know what to do. Any advices? If any of you can…
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Lowell’s & Old mobile phone accounts
Hi, I have contacted Lowell’s because I keep getting letters from them. They have confirmed that the letters are for old mobile phone contract debts but they say the can’t give me any details of credit agreements because phone agreements are done online so they don’t have access to them. They’ve also said that it’s not…
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90% reduction settlement offer made on credit card debt
Posted on behalf of InDebtHarri Today at 12:49PM Hello This is about a a credit card debt default that happened in 2015, when I had been unemployed and struggling financially for a while. The credit card company (a big bank) were hassling me to accept a repayment plan that was simply unrealistic for under my circumstances,…
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Wrong address on CCA response
Hello, I'm coming to the end of six years of paying a DMP. I made offers to 11 creditors and agreed settlements with nine of them. Two have held out even though they're currently receiving nothing due to me being made redundant. I requested my CCA and Wescot have provided both this and the statements. The CCA is unsigned…
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Drowning in (son's) debt - getting desperate
My wife and I are well into our 70s and just about getting
by on state pensions plus a little on the side here and there. We have a
cushion of about 50k in private pension and ISAs which we are trying hard not
to touch, but little else in reserve. Our 45-year-old son split from his wife several years ago
and now shares…
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Moved: 0% Balance transfer query
This discussion has been moved.
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24k credit card debt - help, sanity check
Hello, I'm in dire need of a sanity check with regard to my debts, please ... I stupidly built up just under 24k in credit card debts over the last 7 years, and last year following a nasty divorce and the death of my parent I started struggling with making minimum payments. I was in denial for a while and I kept…
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Are these companies the same one?
As a silent reader here for over a year, I have taken the plunge and joined. Thanks to everyone who posts their questions and to all those who reply, you really help us silent readers. I have/had four really old credit cards. Paid these for many years, then did the usual robbing Peter to pay Paul for years and then had to…
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