Struggling with debt? Ask a debt advisor a question

Tixy

Thomas - its quite likely they will debit your account anyway even with a cancelled card (they'll revert to taking it straight from your account using the bank details you originally supplied when you took out the loan).
You need to open a new bank account with another unconnected bank and have your wages paid in there to keep your money safe. Once you've done that you can then try to arrange repayment plans.
Have a read of the first couple of posts of this thread - Dealing with Payday Loan Companies

Hopefully someone from CCCS will advise you further in the day time.

edbling

hi, have been in a dmp for 5 years or so with payplan. One of my debts was an overdraft of around £700 with natwest. After paying £500 to them through payplan the balance is now over £1500. I have never had any kind of letter from natwest informing me of any charges they have added. I feel gutted about this as most of the other debts have either frozen interest and charges or at least the balance is reducing on others. Can i contest natwest over their unfairness or do i just shut up and pay it?

StepChange_Pavan

jimmy2bellies wrote: »

Hi i have been struggling with my debt for over 2 years now.I have 3 CCJs which i pay without fail,and now have 2 other debtors threatening action.My problem is my wife has just returned to work and is claiming tax credits and is refusing to pay anything towards the debts as she says they are not in her name.I now only get DLA and have been paying CCJs out of that.Can i ask even though the debt is only in my name can my wife be forced to pay them?

Hi jimmy2bellies and thanks for your post.

If your wife isn’t named on the debt she doesn’t need to contribute towards them – you can just include your income and your contribution towards the expenditure.

Hope this helps.

Kind regards,
Pavan

StepChange_Pavan

thomasb4 wrote: »

Hi,
Im hoping someone can give me some advice. Unfortunately iv been stupid enough to get caught in with payday loans (from 3 different companies) there is no way I can pay all 3 off they total to over £1200 inc interest. I have spoke to the companies but been told all they can do is charge me the interest and I pay the full amount on my next pay day, which obviously isnt solving the problem. Iv cancelled there direct debits and got a new bank card, waiting for there collections agents to contact me and just looking for advice on how to best deal with them?

Hi thomasb4 and thanks for your post.

Tixy has already given some great advice about what to do with your bank account.

Once you’ve done this, the best way to deal with them is to write to them explaining your situation. You can include a copy of your income and expenditure to show what you can offer and that you can’t afford any more – you can’t give them money that you haven’t got.

If you’d like some help with this or some more detailed advice you can use our online advice service Debt Remedy (http://www.cccs.co.uk/ref/drcu) or call our free helpline on 0800 138 1111.

Kind regards,
Pavan

StepChange_Pavan

edbling wrote: »

hi, have been in a dmp for 5 years or so with payplan. One of my debts was an overdraft of around £700 with natwest. After paying £500 to them through payplan the balance is now over £1500. I have never had any kind of letter from natwest informing me of any charges they have added. I feel gutted about this as most of the other debts have either frozen interest and charges or at least the balance is reducing on others. Can i contest natwest over their unfairness or do i just shut up and pay it?

!Hi edbling and welcome to the forum.

It’s definitely worth contacting them – even if they won’t refund any of the charges they should at least look to freezing them now.

You could also get in touch with Payplan as they might contact them on your behalf too.

Kind regards,
Pavan

scottish_stresshead

Hi

I am just getting info out to start a DMP with Money Debt and Credit for £100 a month but after seeing that they charge a fee each month , i realise they might not be the best company...I can really only afford to pay £100 a month so who's best to speak too other than them?

im in scotland ..i no that can make a difference to the type of advice

thanks

Tidyup

I will owe £24k for tax this year (due 31st Jan) and want to raise extra capital on my care home business to pay it off. The bank I have the commercial mortgage with have asked on the application form if I owe any arrears of VAT? Do I declare that I want to raise capital to pay this off. I also need extra finances to manage the cash flow.

edbling

CCCS_Pavan wrote: »

!Hi edbling and welcome to the forum.

It’s definitely worth contacting them – even if they won’t refund any of the charges they should at least look to freezing them now.

You could also get in touch with Payplan as they might contact them on your behalf too.

Kind regards,
Pavan

thankyou will give it a try, fingers crossed

nwoodsy1

Xxxxxxxxxxx

StepChange_Pavan

scottish_stresshead wrote: »

Hi

I am just getting info out to start a DMP with Money Debt and Credit for £100 a month but after seeing that they charge a fee each month , i realise they might not be the best company...I can really only afford to pay £100 a month so who's best to speak too other than them?

im in scotland ..i no that can make a difference to the type of advice

thanks

Hi scottish_stresshead and thanks for your post.

It’s best to seek free and impartial advice and most will tell you that we are one of the charities that can provide this for you.

It does make a difference that you’re in Scotland - but not to worry, we’re equipped to advise you as we cover all UK debts.

If you’d like us to look at your situation in more detail you can visit our online debt advice service Debt Remedy (http://www.cccs.co.uk/ref/drcu) to help you find a solution to your debt problem quickly.

Alternatively if you’d prefer to speak to one of our counsellors, you can call our free helpline on 0800 138 1111. We’re open Monday to Friday, 8am – 8pm.

I hope this helps.

Kind regards,
Pavan