Been paying Money Village/spectrum for 8yrs - what do i do?

[milklady]

I find myself in a similar position to you @terryduff.

 

 

Recently had a letter from MoneyVillage requesting a financial review.

 

 

My standing order goes to Spectrum each month, and has done for the last 8 years.

 

 

We have moved house twice since I originally signed up for what I thought was a five-year plan with Spectrum where I'd be debt-free at the end.

 

 

I don't have any original paperwork, and I don't even remember who my original creditors were.

 

Feeling pretty foolish for thinking the plan would end my troubles, but at the time, having recently had a baby, and being time/cash poor,

I was pleased that letters from creditors had stopped.

 

I am going to send a subject access request today, so that I can see exactly what information they hold about my debt.

 

 

In addition, I will cancel the standing order.

 

 

Should I also check my credit report?

 

 

I always get confused about whether excessive checking impacts negatively on my score - does it count if I'm doing the checking?

 

 

I would be grateful if anyone else on this forum has found themselves in a similar position, and can advise on my next steps.

 

 

I feel much more 'in control' of my life 8 years down the line,

 

 

so I'm ready to sort this once and for all!

[dx100uk]

own thread created

 

 

yes cease payment

get that sar off

 

 

and check your credit file..

 

 

and no it does not hurt you

old wives tales.

 

 

dx