Home

Welcome to Debt Free Advice forum, please register if you want to post

Adverts for other sites and/or companies will be deleted



Posted by Danielle : December 7th, 2007

NEED HELP.......

Hello everyone,

Around 2 years I applied for a £5000 credit card and a £5000 loan.

The repayments on the credit card and loan were all good. Then I ran into difficulties as with the repayments and I was not paying them as often as I should of been. Instead of phoning the bank and explaining my situation, I completly gave up on it, which was a very stupid move to do.

Recently i have been getting letters from a third party companies demanding the money i owe and if they dont get it they wil start court proceedings and it will affect my credit rating.

Can anyone tell me how do i go about getting this sorted out so i can get on with my life without the constant worry about this debt?

thank you

‹ View previous topic View next topic ›

Hello Danielle,

Firstly, have you tried talking to the debt collection companies in order to come to an arrangement? That is what these companies are there for, they try to come to an agreement were you re-pay the debt at an affordable amount and then may re-assess your case a few months down the line to see if there has been any changes in your circumstances. If you still have no luck then speak to one of the advisors here at DAT and they will be able to give you the solution that best suits your situation.
Posted by: understanding debt