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Had to smile at this!
Had 2 credit cards, 1 in each of mine and hubby’s name, they froze the interest while we were through stepchange. Then when we were in a position to pay both balances off - I was so glad. We haven’t used either card since (both have been destroyed and removed from Apple Pay and PayPal). Will show hubby when he gets home…
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What Small Things Will You Do This Week? 12/09/22
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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Quick question about a full and final offer
The short of it is I have 27k in debt spread across 3 cc's and an overdraft, I have not missed a payment or defaulted on anything but I have zero cash at the end of the month and interest charges mean I cannot make a dent in the debt. With the current cost of living spiralling and energy costs rocketing this is not…
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Experian & Equifax credit reports
I've used the Experian credit reports for years now - my credit scores have always been either 999 or somewhere close in the high 900s. So I was surprised yesterday (Sept 3, 2022) to find my Experian credit score had plummeted to 704. No obvious reason to me, other than that some of the underlying data was wrong. Then…
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Help!
I am really struggling filling out a full income and expenditure. Is there a guide that helps you fill out accurately, it’s confusing as pocket money very one week to the next. Uniform? Days Out? It’s all every now so then but don’t know how I can price things up per week. thsnks
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Debt free as from today.
I'm posting this in the hope it may help others who are perhaps early in their debt free journey. I know I always felt there was hope for me when I read how others had become debt free. I've had a lot of help and support via this board and for that I am so greatful. The dairies are inspiring and full of good tips. I'd…
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Things You Never Thought You Could Sell
Hey everyone. This is my first go at starting a new thread that may help people. So if it's ,erm, not very good just ignore it as I no doubt sure you will. Right, the concept is for people to post things that they have sold on auction sites like ebay. But thats not just it, it has to be things you would'nt normally think…
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Best way to pay off low mortgage please
I took out a 10 year, £40000 mortgage fixed rate for 2 years. Fixed rate term ends end of this month and I will have a final settlement sum of £31,828. I have £20k I have saved and would like to use this to reduce the remaining debt to around £12K. What would people suggest as the best/least expensive way to do pay this…
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Questions about credit reports
Hi all, 1. My credit reports shows 8 defaulted accounts. For one of them I owed Novuna and the account had defaulted, they transferred the balance to Lowell which also shows the same account on the same credit report as a second default. Is this normal to have it defaulted twice on the report? I've not seen it before so it…
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What Small Things Will You Do This Week?? 05/09/22
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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Loan to consolidate debts?
Hi all, looking some advice regarding my debt which stands at £13k spread over 4 CCs. I am in a position were are the cards all 0% interest therefore i'm undecided whether to take out a loan which will have a fee attached or keep plugging away at the CCs. My son has finished childcare this month (hooray after 9 years of…
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Funds arrested for unpaid council tax - I'm a student
Location: Scotland Hi, Looking for some help. I have been a student for the last 4 years, and lived at the same property for the full duration. I have been back and forth with the council and debt-recovery agencies about unpaid council tax for the property. I have been in full-time education for the full 4 years. I do live…
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STEPCHANGE
I recently used Stepchange as I thought it was a budget planner! (My bad). I didn't realise that it was a company/charity that can help with debt problems. After inputting my data, the results were OK, and I gladly did not need any help. I then had daily e mails form Stepchange so logged in to try and delete my account and…
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Can't pay back bank loan
Hello i'm looking for any advice please.. I'm self-employed and recently lost my main contract. I've secured a PAYE job but the salary is too low to continue paying my £15k bank loan and 4k of self assessment arrears. I've been onto StepChange to complete a budget and was hoping to set up a DMP but don't have enough left…
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DMP, IVA, any help appreciated
Hi. The balance is feeling like it’s at tipping point. We have spent stupidly for years and have never known how to budget. All together we have around £46k of debt and are in the midst of a financial crossroads. Don’t know the best way forward so any advice is greatly received. I will post my SOA when I get them all…
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Lowell
Received a letter telling me to contact Lowell within 15 days as they are threatening court action for 3 defaulted accounts that they have purchased
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Help Needed
Hi, thank you. It's my first post here. I've looked at other posts but can't find any similar to my problem. I was sacked from work in 2016 through mental health issues. My husband of 55 years of age was severely beaten up in front of me and I was taking time off to care for him and my mental health and they finished me. I…
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Debt Consolidation
Are there any further options for debt consolidation if the banks have rejected your loan applications? They seem quite happy to keep taking the money at 40% on an overdraft and various credit cards but don’t want to transfer it over to an interest free or a low interest loan? I have never missed a payment but my credit…
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Which card to pay off first..
Hello all, I have gotten in a huge mess with money the past few years and am now finally tackling the problem. I have reigned my spending in so have gotten out of the cycle of spending on credit cards every month and now want to tackle the debt. They are as follows: Tesco bank - 3700 (APR 19.9%) Amazon Credit Card - £2500…
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Trying to pay down Santander car finance, any tips?
I have HP car finance with Santander, with 23 months left of a 5 year agreement. I have a clear budget atm, and have fixed my energy for a year. I'm absolutely desperate to get this finance cleared due to my circumstances having changed since taking out the finance, and even more so with everything going on right now, and…