Debt Camel Answers to questions about debts and credit ratings - in plain English!
- Barclaycard cuts minimum payments – this may cost you a lotby Sara (Debt Camel) on April 18, 2024 at 4:44 pm
In April 2024, Barclaycard has told many customers that it will be setting lower minimum payments on their accounts from July. From a poll I ran on Instagram, Barclaycard has informed about 90% of cardholders. It looks as though this change is going to be across the board, affecting everyone. The messages are going out by The post Barclaycard cuts minimum payments – this may cost you a lot appeared first on Debt Camel.
- Had a letter from Intrum/Resolvecall about an old Lloyds debt?by Sara (Debt Camel) on March 29, 2024 at 4:55 pm
Two readers have reported getting letters from Intrum/Resolvecall about an old Lloyds debt. They are asking if they have to pay these old debts: I had a credit card debt with Lloyds about 10 years ago. I was struggling to pay it at the time… NowI have had a letter from a company called Intrum The post Had a letter from Intrum/Resolvecall about an old Lloyds debt? appeared first on Debt Camel.
- SafetyNet & Tappily loans are written offby Sara (Debt Camel) on March 16, 2024 at 2:42 pm
The administrators of Indigo Michael Limited have announced that all current SafetyNet Credit and Tappliy balances are being written off. And that any affordability complaints have to be made within the next few weeks. My previous article SafetyNet Credit goes into administration gives details about why the lender failed. And also why, unusually, it was The post SafetyNet & Tappily loans are written off appeared first on Debt Camel.
- Amigo’s Scheme – mid April – very slow progress on issuing decisionsby Sara (Debt Camel) on March 14, 2024 at 4:00 pm
UPDATES 10 April 2024 – 94% of decisions issued nearly a month late, Amigo still hasn’t quite reached the target of 95% of decisions issued that is said it would achieve by mid March it now expects to have issued over 98% decisions by the end of April, with the rest coming in early May The post Amigo’s Scheme – mid April – very slow progress on issuing decisions appeared first on Debt Camel.
- Morses administration – what is happening to loansby Sara (Debt Camel) on March 13, 2024 at 5:33 pm
Morses Club went into administration in November 2023. Morses Club was the largest doorstep lender in the UK after Provident stopped lending in 2021. See Morses Club goes under for details about why it failed. In March 2024, the administrators have sold or written off all outstanding loans. This article looks at what has happened, what The post Morses administration – what is happening to loans appeared first on Debt Camel.
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- Tips to Save Money and Live Wealthyby themoneyshed on June 1, 2023 at 2:05 pm
Money is a valuable thing. It allows us to live our lives and do the things that we want to do. But it can also be difficult to manage when you have little of it. It’s important that you do what you can manage your money wisely so that you can live the life of The post Tips to Save Money and Live Wealthy appeared first on The Money Shed.
- 8 Unique Items You Didn’t Know You Could Buy with Bitcoinby themoneyshed on May 10, 2023 at 10:19 am
Bitcoin is more than just a trendy buzzword – it’s a digital currency with a world of possibilities. Its versatility has opened up the door to purchases beyond the realm of the ordinary. While some may think of bitcoin as just a tool for buying goods and services, it has become so much more. In The post 8 Unique Items You Didn’t Know You Could Buy with Bitcoin appeared first on The Money Shed.
- Profitable Trading: How Traders Make Money in Any Marketby themoneyshed on May 10, 2023 at 10:12 am
Profitable trading refers to consistently making money from buying and selling financial instruments such as stocks, currencies, commodities, and derivatives. It is a skill that requires a combination of knowledge, discipline, and experience. Understanding how the markets work, what drives price movements, and how to manage risk effectively to become a profitable trader is essential. The post Profitable Trading: How Traders Make Money in Any Market appeared first on The Money Shed.
- The Freelancer’s Guide to Becoming an Entrepreneur: How to Overcome Challenges and Succeedby themoneyshed on May 2, 2023 at 2:14 pm
If freelancing has been working for you so far, you may want to take things to the next level and launch your own business. By doing this, you get the potential to earn a lot more money, gain greater control of your work, have more opportunities to grow, as you can constantly expand your business, The post The Freelancer’s Guide to Becoming an Entrepreneur: How to Overcome Challenges and Succeed appeared first on The Money Shed.
- The Benefits Of AML And KYC And How It All Works In The UKby themoneyshed on May 2, 2023 at 2:04 pm
As the financial industry becomes increasingly more intertwined with digital and technological advancements, the possibility of falling victim to financial crime grows more ominous than before. Experts have forecasted that cybercrime will be one of the biggest threats throughout 2023. To take action, regulatory authorities are emerging with AML (Anti-Money Laundering) and KYC (Know Your The post The Benefits Of AML And KYC And How It All Works In The UK appeared first on The Money Shed.