Another debt disaster

Well done on your perseverance and paying off the debts. Reading through the thread the debt seemed overwhelming and you had to live a very frugal lifestyle just to tread water which is hard month after month.
 
Fair play. Hats off to you both.
Sounds like a long road but you kept at it and you should be proud.

Next step is share this experience with your children so they never find themselves in the same situation.
 
I wish I shared your optimism @Fester1 , I don't trust Cabot Financial (Ireland) Limited though. They recently purport to have accepted a settlement from me on a loan which I took out in 2007 to finance a car, to get to work. It seems the biggest mistake I made, was to work at all. Cabot hounded me with letters in 2015, and at that time I was paying EDF (trading as link financial), MABS, Credit union special accounts. MABS tell me recently that they closed ALL special accounts? Cabot Financial (Ireland) Limited sent me an email; "closed as settled" however, attached to that email, is a letter with an Outstanding Account Balance, and not of €0.00. There is no clarity with regards the figures, the amount "forgiven" the amount repaid etc.

They also purport to have reported to the CCR. That I will believe when I see an actual credit report, which has not been manifest, despite several applications.
 
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