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Account disappeared from credit reference agency reports but not due to old default?
Hi, this is a bit of a head-scratcher for me and I'm not sure how to proceed without potentially putting myself in a less favourable position than I am now. I would really appreciate some advice or inputs (if someone has been in a similar position). I had a Vanquis credit card (among others) and in August 2019 I entered…
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Credit Card debt issues
Hi all not quite sure where to put this post as it crosses different category's. I usually flip my CC's every 12 months from one promotional rate to another just paying off the minimum payment as its all i can afford with having 2 teenage lads now swinging the hinges off the fridge on a daily basis and the cost of living.…
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Balance Transfer Card for Next Account
Hi all! I’m autistic so bear with me, I tend to just write things as they are in my head so I hope it makes sense to at least one person :D I’ve been pre approved a balance transfer card at 0% for 31 months with £3000. I’m wanting to use this to pay off my Next credit account faster which is at £3000, its interest is 24.9%…
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Best way to allocate £12,000 between creditors?
Hi all, Hope everyone’s doing okay. I’m after a bit of advice on my situation. I’ve got a lump sum and I’m not sure of the best way to split it across a few credit cards to steady everything out. I had to leave my job and things kind of snowballed. I had two accounts on payment plans (Tesco and MBNA). Over the last few…
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Affordability Claim Win! Finally.
1 year 2 months and finally got my affordability claim win!! Never thought I’d get it sorted but it finally happened. November 2024 sent Newday my complaint which they rejected. I sat on it for 5.5 months thinking no point taking further to the FOS. They’d sent a massive lengthy letter explaining why I was wrong. It put me…
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Difference between sold and managed by
So I’m in the process of defaulting, I have 11 creditors quite a bleak situation with 9 of them defaulted. Also just want to thank everyone it’s been a tough old time of anxiety, regret, shame and quite scary so thank you for everyone who’s helped in any of my previous threads. basically PRA have 3 of my debts and WESCOT…
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Default
Self managed DMP. My first default back in November (noticed on credit file in December) was from PayPal however they haven't sent me any default notice or passed the debt on. How would you manage this? Await official letter to start payment plan or just start making payments to PayPal?
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Help with Resolvecall! Debt over 6 years old
Hello all, Thanks for taking the time to read….. I have received a letter today from Link Financial stating a company called Resolvecall with conduct a visit to my house. The debt relates to a Barclays credit card. The card was opened in 2008 and I would say I probably defaulted between 2010-2012. Since I defaulted I have…
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Natwest Drydens Solicitors help please
Natwest loan I defaulted on August 2024 - been waiting for contact to arrange DMP - have received letter from Drydens solicitors in January saying passed to them and threatening action. I made contact and filled in their income form and offered £45 - the loan balance is £17,723 This is now their response I'm confused, what…
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Help with self managed DMP please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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CCA Query - Statements sent to me (PRA Group)
Hi Back in December a I made a CCA request to PRA Group. today I received this letter and about 30 pages worth of statements. This debt is related to a Barclaycard CC. is this enough for them to satisfy the CCA request? I just wanted to double check as if it’s, I’ll need to let my DMP know to add them back. tia!
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After 4 years and 3 months on my DMP...only 5 payments left to debt free
No real point to this post, other than writing it down makes me so happy. I started my DMP 36k in debt in October 2021. Doing that DMP was the best thing I have ever done. I have lived my life, whilst paying my debts back. I can't believe I have only 5 payments left. If you are thinking of going down this route..stop…
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do I pay off one debt first or do I try pay them off altogether
I have two out standing debts - EE which is £837 - ACI - £2600 I am currently paying £150 towards each of them. I have worked out my finances for next year and could possibly pay £200 towards each of them till paid off. my partner suggested i focus on getting one paid of first instead of attempting both, but I would really…
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Quandaries on debt arising from company insolvency
Hi All, Newbie here and not sure if this is the right forum to be posting about my situation - so apologies if I've got it wrong. I'm an (ex) director of a company that is currently going through a CVA. My co directors and I founded and ran the company for a long period of time through good times and bad. We signed…
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Help: A map for the financially lost
Ok. I am lost and indecisive. Ten yrs ago my plan was to be mortgage free by 50. I am 50 and lost. I need a plan. A plan to stick to! I work in a supermarket full time and have 2 teenagers Car broke and mum loaned my £10k. No pressure to pay her back, in fact sometimes she talks like she doesnt, but will not commit to…
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Finally going to tell my husband about my bad debt i'm scared
Hi I didnt really know where to turn to so just wondering if anyone else has been in the same position. When I met my husband i'd always had a little bit of debt and was stupidly too scared to say. Well fast forward so many years my spending got out of hand and I stupidly took up matched betting to try and clear it. Then I…
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Scottish debt token payments and some questions
I’m back again! When do I offer token payments and how? When the debt defaults do I still make token payments? Does the token payments affect the default date & would the debt still fall off credit file in 6 years or would it be longer due to payments? How much do I offer? Debts will miss their first payment at the end of…
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Help! How do I not lose motivation and ruminate whilst I wait out my debt plan
Hi, A quick overview into my life for the past few years may help with some guidance, so I'll start there. I'm 28 and had been managing debt via balance transfers, but keeping the original cards as well as other usually BNPL and store credit type debts from essentially I was 18 with it peaking around COVID time. During…
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Digital DRA?
Just had a call from Digital DRA - I said I didn't know who they were...lady said that she could tell me who they were calling on behalf of, if I could answer some security questions...eh...no! I have a suspicion they are working on behalf of an Admiral Loan - last payment was November 2024, defaulted in April 2025...no…
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SOA advice appreciated on debt plan
So I posted end of last year about doing a DMP but I didn’t, I just panicked about doing it and continued as I was. So a bit of background, I was earning about another £800 a month on top of what I am earning now, but the second job I was doing came to an end suddenly with about 2 weeks notice in November. So this was the…
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