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No where turn credit card debt
I am feeling very stuck and not sure where to go at the moment. I have racked up £10,000 -£12000 in credit card and over draft debt. I was using the cards to help pay for things whilst I have been working part time since have second child. We cannot afford the full time childcare. Yes we will get 30 free hours in September…
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DMP or not…..ND person ….
My friend was posting for me but she said it was suggested I should do myself. I am autistic and adhd (late diagnosed) and let my finances spiral out fo control after a well paid job and now I’ve been gradually trying to build my income back up. I am thinking of going on to a DMP but finding it very overwhelming as I…
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Next steps once default is registered
Hello kindly debt helpers, I have been waiting for defaults to be registered to 6 credit card accounts. Had taken about 6 months all in all! It looks like about 3 have now been sold onto different debt management companies who are calling me constantly. Wanting some advice about next steps before I contact them… Can I come…
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Paying off IVA
My father recently passed away and I will inherit around 100k from the sale of his house. I am planning to pay off my IVA, this should be by October time. When would I be able to apply for shared ownership as my IVA is a 5 year plan. I'm 2 years in.
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DMP or IVA advice needed
Hey all, im new to this thread and could really use your help and support in our situation and how to proceed, im embarrassed and feel so ashamed that it has come to this point but i need to act now as it is seriously affecting our quality of living. I feel I have made some bad financial decisions and with a house purchase…
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Preparing for a DMP – A Few Questions & Seeking Advice
Hi Everyone, I’m in the process of setting up a DMP and currently working through my Income and Expenditure on the StepChange website. I struggle with anxiety, and I’m feeling quite panicked about making a mistake while completing the online form. However, reading through this forum and seeing your support to others has…
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Trying to avoid DMP, thoughts please.
This discussion was created from comments split from: 0% credit card deals ending - sick with worry.
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Help needed with the maths- lendable loan near defaulting
I feel I may have to contact my creditor to explain this to me as I’m confused so thought I’d ask here first incase one of you may understand it. I dont want to make contact with them if can help it as I’m one month away from getting my default notice. But I can’t work the maths out. :/ I have 2 lendable loans. Both I have…
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Consolidating loan for credit card debt
This post is about getting a loan when you have a bad credit record. The situation is debts of circa 5K GBP. Mostly a credit card but also Klarna and Council tax. This has been due to the impact of having to supplement a monthly income adversely impacted by absences caused by poor mental health. Credit rating is "very…
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Moved: Statute-barred debts
This discussion has been moved.
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0% credit card deals ending - sick with worry
Hi everyone first time posting and I have had a good look through the other really helpful threads. I have £15 on two credit cards both on 0% deals which are coming to an end on 1 April and end of July. My credit rating is just ‘OK’ and I do not think I am going to be eligible for any other deals. My husband and I…
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ARC Europe chasing. Debt in dispute.
Hi Everyone, Hoping someone can help here. My wife was a member of a gym that she explicitly joined for the swimming pool. It was out of order more days than it was working. My wife went ahead and cancelled, citing the unavailability of the pool as the reason she was was leaving and wrote a letter of complaint. She didn't…
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Santander payment plan
Afternoon all - this forum has been such a help to me on my debt free journey and wondered if anyone could help with an email address/bank details for paying an affordable amount to Santander? I am self managing a DMP and don’t want to speak to them on the phone ideally just make an affordable payment. Thanks in advance…
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Debt help
Hi all, Really struggling mentally and feel like I’m in a hole that just seems to be getting deeper and darker. Need some advice on how to proceed and get life back on track. Stupidly through my own fault I have racked up around £45-£50k debts through unsecured loans and credit cards. One issue that has caused this is I…
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Paying off our mortgage early
Myself and my OH are both 44 and have 90k on our mortgage left and just under 170k in savings between us. The fixed term mortgage comes to an end soon which is on a 1.6% costings us 389 per month. With the interest rates increasing the new monthly mortgage repayments will be 500 per month. We are thinking about using our…
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Paypal
Hi, I have begun the process of missing payments (I am planning a self managed DMP.) I had my first payment for PayPal default 03.03, and I have had a message today to say the debt has been passed to Westcot. I am surprised it has happened so quickly, and looking at threads on here PayPal seems to be a bit different to…
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Fraud - debts done by EX partner
Good Morning, I just wonder, if I can get any advice/help.I have been in relationship with my ex partner about 10 years. When we split up I have redelivered correspondence and started finding out that my ex during our relationship was throwing away, hiding my correspondence.She used my email address steal my identity.I…
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PRA group solicitor threatening legal action
Hi Everyone I did a CCA request to PRA group at first they could not find anything and sent me a letter confirming the debt was unenforceable this was in July 24. In Dec I received a letter from their recoveries team threatening their solicitors if I did not respond with 14 days. I wrote to them saying debt was…
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Paypal credit
Hi As part of my debt management I Have a Paypal credit agreement that I stopped making payments to, which shows as closed and default on my clearscore account from December 24, but the login still shows the account open and they just keep sending me reminders of a missed payment. Has anyone had Paypal credit default…
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Debt planning
50 tgis year. £80k mortgage and £55k of debts...... How do I get this debt down??
A place for MoneySavers to share their journeys towards debt-free living.
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