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Loss of employment, £50k plus in recent debt, help needed to plan the future


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Just to clear up a point from early in your thread for anyone reading it

MBNA is nothing to do with HSBC it’s owned like Halifax by Lloyd’s Banking Group

As regards your current questions seems to me you are over thinking matters

Have a read of the FCA consumer credit sourcebook in 

particular CONC 7 that will answer some of your concerns 

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