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Which one do I do?
I would appreciate some help. Background In 2007 (or it might have been the year before) I got a credit card with M&S.To try to help with my debts that were starting to build, in 2008 I applied for a credit card with Halifax and they sent a card and then another card days later. I don't recall asking for a second card but…
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Quick advise please
Looking for help from someone more knowledgeable than myself on behalf of my daughter She bought a flat 18 months ago with a deposit gifted from us and a sub prime mortgage as she has a debt management plan in place (unfortunately via a paid company) The mortgage is due to be re-negotiated in 6 month and although the DMP…
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Credit card transfer
I currently have an M&S credit card with a £5,500 balance that I am paying interest on. I would ideally like to do a 0% balance transfer so all payment paying down balance. Even though I have a high credit score I currently am not working as a carer for my son receiving carers allowance/UC. So thought that it may be better…
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Awkward: Advice please
Morning all 2.5yrs ago our only car was written off in an accident that wasn't our fault. We got the value of the car, £3000. As we needed a reliable family car, we looked at a car loan to boost the funds. My parents offered ( I never asked) to lend us £10,000, with no time scale to pay them back. We set up a (we thought)…
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Mortimer Clark / Ratesetter
I was wondering if anyone else has had the above lovely combination? I found this one interesting as Ratesetter got bought by Metro during all this and I often wonder how likely it is to get paperwork. Cabot have been quite quick to go for CCJ route, makes me think actually there is no paperwork for them and are trying it…
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CCA request
Hi everyone, I posted a few months back regarding making full and final settlement offers on some of my debts and received the advice from members here to send CCA requests to my creditors first to check whether the debts are actually enforceable. I’ve now had a couple of replies back. The responses mostly included…
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Sleepless in Liverpool - worried about debt
Hi folks, I am a bit embarrassed by the situation I have got myself into, and whilst I see from the forum there are other people with much more larger debts than me, it is keeping me awake at night and causing a lot of anxiety for me. So, I am a single guy who lives in a three-bedroom house on the outskirts of Liverpool. I…
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Concerns over creditor contact
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Advice sought on my situation
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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CC Debt Existing Mortgage
Hi All Would just like to ask a question. I have a number of credit card debts, yet to default on any but payments becoming unmanageable and thinking about a dmp. After reading lot of the advice on here I understand it is best to default first before setting up any payment arrangements. I am worried as I have an existing…
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Please help £75k debt!
Hello everyone, I found this forum and have been reading different stories the last couple of weeks because find myself at breaking point, 35/M I have a history of gambling addiction which is the root cause and for the first time in my life ( it has been approx 2 months where i feel in control of it and honest with it to…
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Partners debt and spending issue
Hi all, I am really just looking for some advice on how to address this situation. me and partner live together, but are not married and share no assets (as such) or children. we both have some debt, the difference is that mine is somewhat out in the open. I have a loan which was got for a car and some home improvements…
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£75k debt. Where to start?
I have ended up in a difficult situation. £71000 in debt across 8 credit cards, three loans, overdraft and store cards, PayPal etc. I was just about managing to get by until I was hit with £4500 HMRC bill and emergency tax code that swiped £1000 from my income until April. I can post this all again with the SOA but…
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Car PCP, Bereavement and an Ombudsman's failure?
Hi all. First‑time poster here, and sorry this is long. I need help from somewhere because I’m completely lost with a situation involving a car finance PCP, a bereavement, probate, and what I believe is a very flawed Financial Ombudsman decision. I’ve tried to summarise the story as clearly as possible. Background My…
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Help with Statute barred (Lowell)
I had 2 credit cards in 2015, one was Vanquis and the other Capital One, both were low limits, I was in a secure job and things were fine. in 2018/19 I lost a family member, my job and things got really bad and I had to move house then COVID etc… I couldn't afford the balances on either and to be honest forgot about them.…
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Advice on my debts
Hi all, Where to start! I am living alone in a rented property (HA) and I need some help regarding my debts as I cannot continue living as I am with the cost of living and taking more and more credit. Current debt stands at around 14k which is a mixture of credit cards, loans, catalogues, phone contracts etc. I have 3…
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PayPal debt through gambling
Hi all, I've been getting into debt with PayPal for approx 2 years now through my compulsive gambling. I know this has happened to others but I thought PP cracked down on this. I think perhaps you can't spend as much as previously (thank god) but it still can amount to a fair few hundred a month. I've always been so…
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Waiting for debts to default before entering a DMP?
Hello everyone, Over the last two years, I have been absolutely reckless with credit cards, which seems to have been caused by personality changes from several different anti-epileptics drugs I have had to take. I am going to have to go into a debt management plan with debts totalling around £20k as I am now on a low…
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Contact from Moorcroft Before Default
Hi, My Aqua CC debt has been passed onto Mooorcroft for collection, but the letter states that Aqua have not yet registered a default and may not if I can offer a suitable payment plan. At this point my plan is still to wait for all debts to default and ignore anything before that happens, should I still continue this now…
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Urgent advice. DMP now or default first. Please help on a plan
Hi everyone, I’m new here. I’ve been reading
through posts over the past week and can relate to so many of your stories. I
thought it was time to share my own situation. Thank you in advance to anyone
who takes the time to offer advice — I really appreciate it. I’ve read that it’s often best to
let your creditors default…
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