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Big life decision
I have 3 choices... what would people suggest? Please be nice, I'm fragile. I am 45, kids about to leave, bipolar, work f/t earning 26k, 14k in debt. Long story short, StepChange have recommended a token payment plan for 12 months. No point doing SOA. 1. Sell flat and move to Germany with boyfriend, missing kids but no…
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CCJ that we had no idea about
Hi all, My wife this morning has logged onto her credit report and she discovered a CCJ to a very old address - we haven't lived there for over 10 years- which was registered 6 months ago I was just wondering what the process is with regards to this Do I contact the courts to find out what it relates to or is there another…
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Debt got too big handle
Hello everyone. I am not the brightest person when it comes to my finances and have made some very bad decisions. I was a compulsive gambler, and every single wage I got went into gambling. I got help for this and self-excluded myself. Then I discovered crypto and options trading, which I didn't see as gambling, but it…
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What Small Things Will You Do This Week?? 30/05/22
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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Has my debt been sold?
Hi I noticed on my current statement the branch details for Natwest are CMS Recoveries Birmingham. This is a natwest debt. What does this mean ? They did not tell me what do I do ? I am on a break for 12 months from paying which is up in 3 months. Please advise if I should be aware of anything ? Many thanks
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stepchange debt charity live chat Help
Has anyone else who has used stepchange debt charity, found that they were able to use the live chat service online when they were first applying but then that was no longer available, as I found this a really quick and easy way to get through to them, I am not the best on the phone and emailing just seems to take too…
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What would you do?
I split with my ex-partner recently and they are with someone else now in what was our house (private let) they recently moved house to another place with my daughter and her big sister (not mine) I pay maintenance every month to them without fail and I still have my daughter 3 days a week and need to provide for her when…
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12 k amex debt...but cant get a balance transfer card
i have a 12k amex balance but cant get any balance transfer cards....i pay the minimum payment each month..can yanyone help please?
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How should I begin to deal with this?
I have always been careful with money, but a combination of maternity leave, covid and one or two other things have left me in a bit of a pickle. My overdraft is £1,000 and I just cannot get out of it. At the moment my income varies between 500-1000 a month, and every other month I'm maxing out my overdraft again. I also…
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New to dmp
Hi all - I have decided to do a dmp I have about 37k in debt over loans and credit. I originally consulted with freeze but now have done the step change thing. However, the monthly payments are super high on stepchange. Basically what I pay now! Should I go relook at my budget? I’m super scared but I’m having such…
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What order would you pay these debts in?
Any help or advice would be appreciated. I have three credit cards. HSBC - £1,874.60 (£6,000 credit limit) 21.9% Halifax - £2,790.38 (£3,400 credit limit) 0% until 05/07/2022 Then 26.66% Barclaycard - £5,989.18 (£7,400 credit limit) £3,881.07 - 0% until 01/07/22 then 18.68% £366.33 - 0% until 01/08/22 then 18.68% £1,752.78…
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Account recalled
Wescot is managing my biggest debt. A personal loan with NatWest that I have and still 14k left to pay and it’s defaulted since 2019. Last month I sent letters to all my creditors regarding my mental health and SOA and asking for debt write off. One of them did write it off completely. Three of them lowered my debts. I am…
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Overdales – Notice of Acting [Lowell]
In 2021 at a previous address nPower sneakily added the previous occupiers energy bills onto my account. After some lengthy calls and raising a complaint I was assured the account had been rectified and I had no more bills to pay. I received a letter saying my complaint had been resolved (it did not state what the…
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6 year limit debt chasing rule
Hello, I have a question about the time limit for chasing private debts, by creditors. I read that it is 6 years for unsecured money. Is this right? My chronology: 2012 to 2014 - I was borrowing money, on credit cards, for a house refurbishment project. Unsecured, of course. 2015 beginning - The project was finished and I…
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Not sure what to do...
Hi there, Member of a few forums and big fan of them. First time posting here though. I'll try and be brief. I was off work from Jan 20 and was in hospital when lockdown commenced. Nervous breakdown related. My partner soon left her job as felt unsafe there due to pandemic. Started to use credit cards to pay bills. I came…
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How do we find out what credit cards we have
Me and my wife have 2 each in a joint that we are aware of. We want to close all of our credit cards as may we got for the freebies years ago and never used and dont get letters etc How do we find out what CC's we have, please?
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Help and Advice please!
Much as most people on this forum I’ve reached a point I need to do something about my debts. Background Ive ended up in this situation over a number of years, main factors for me are multiple and include * 2 periods of being out of work, * poor mental health (and using shopping as a crutch) * A drug addiction that cost…
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Drowning In £16K of poor decisions..
Hi All, I thought I would start this diary for some accountability and I am hoping that as things start to slowly improve I will also be able to see the progress I am making. A bit of context - I am in my 30's with two children (7 & 12) and working full-time, whilst I have a good income I have made very poor decisions when…
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Mental Health and Debt
I have suffered from mental health problems for about 40 years including suicdal attempts and 2 spells in hospital....last one was about 12 years ago for 7 months. I had numberous counselling over the years and support workers to help me in the past. My mental health definetly effects my spending then the worry about what…
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Default Query
Good Evening I wonder if anyone could give me some advice regarding some defaults I currently have. They relate to credit cards but I got into arrears and the credit card companies sold them on to different debt collectors. These are now showing on my credit file with the debt collection agency name and still showing as…