• Welcome to the LegalBeagles Consumer and Legal Forum. Please register to get the most out of the forum. Registration is free and only needs a username and email address.
  • Please note that LegalBeagles is a public forum and the main areas are accessible to all, and as such, please take care your username or posts do not identify you. There is no need to post claim numbers, names or precise amounts to get support with your case. When uploading documents please ensure that you have properly redacted your personal details. Thank you.

Very Catalogue debt

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Very Catalogue debt

    Hi I hope someone can help me or give me some advice at Christmas I brought my daughter a bike from very it cost £250, I had it on credit and I thought I could keep up with the payments but I haven't and can't im also in alot of debt with other companies and don't know what to do
    Tags: None

  • #2
    Hi Louise,

    Do you know what terms you bought the bike on ? Normally there's an interest free period while you make monthly / weekly payments - I think it is 7% or £5 of your balance each month to keep it from going into charges/default - so about £17.50 a month ? Is that about what they are asking for or have you already missed payments and charges are starting to make it even harder to keep up? These things can easily snowball so it is best to try and get some advice to get things workable long term before anything gets out of control - maybe a call to Stepchange or an appt with Citizens Advice would help and enable you to go through your income and expenditures and see what you realistically have available for creditors after the essentials ( rent/mortgage/water/gas/council tax/food etc ) have been paid and see if you can put a plan together with them.

    Stepchange is https://www.stepchange.org/ and they have a good debt remedy tool you can use to get an idea of where things stand.
    Citizens Advice have their own online tool if you'd rather go through things yourself - https://nedcab.cabmoney.org.uk/ or you can try get an appointment with your local bureau to talk things through.

    There will be options, and either can talk you through them, it might just help to get everything written down and a budget sorted out if things are feeling a bit out of hand and you're not sure where you stand xx
    “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

    Find Solicitors offering fixed fees on our sister site - JustBeagle.com

    Comment

    View our Terms and Conditions

    LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

    If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


    If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

    Announcement

    Collapse
    No announcement yet.
    Loading...

    upgrade to vip

    Want exclusive access to forums, more privacy and a live chat box? Upgrade to become a bigger part of our community.

    only £15/yr

    Offers available. No subscription traps.

    sign up now



    Search and Compare fixed fee legal services and find a solicitor near you.

    Find a Law Firm


    Working...
    X