How do you clear a bad credit history from my current address?
The previous people who lived here before me were in so much debt they had a bad credit history.Whenever I want to get a catalogue or anything similar they wont let me as they just look at the address. Is there anyway I can clear it from my address so i can get catalogues? Answer Although years ago bad credit history was linked to an address, and a person with bad credit living there could affect...
Read MoreDebt advice – settlement offers?
A few years ago I applied for 2 credit cards and a loan, I was given more than I could pay back, and I was too busy enjoying myself to realise…bad bad idea. Anyway, for the last 3 years I have made small payments to the 3 companies, and this isn’t likely to change as I don’t earn much. For example, I pay £10 a month on a £3000 debt. The interest has been frozen on these...
Read MoreHow IVA’s work
Before applying for an IVA, Individual Volunteer Arrangement, you need to be aware that they are only beneficial for beneficial if your total monetary debt equates to more than £15,000, if this is not the case then an alternative form of debt management shall be more appropriate. However, if you are in a situation where your debt totals to over £15,000 then the first step towards procuring an...
Read MoreCan anyone give me some advice on debt?
My son has recently started getting letters demanding payment for a debt that is approximately 11-12 years old. So he has been told…. He has no idea what this is for and the previous debt collection office couldn’t tell him so he asked them in a telephone call to provide this information. They have not responded and he has now received the same demand from another debt collection...
Read MoreWhat is the difference between an overdraft and debt?
My husband has run almost £2000 overdraft and he says its not debt just an overdraft, nothing to worry about. I am worried sick and I still see it as debt! He had just finished paying a massive debt last year which took him over 10 years to pay off. Now he's started a small one without telling me. I made him promise to tell me if he had any problems with money which he failed to do so. I...
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