God evening. Looking to make token payments to my creditors in the interim period. Should I pay the creditors with the higher amount oweing more than those with the lower amount? I know its late, but if youve been advised before then please let me know. Thanks
It would be better to make pro-rata payments to the creditors based upon what you can afford to pay and the amount you owe to each one - so the higher amounts will receive a higher payment.
Thankyou again Melanie, for your quick response and helpful advise. Ive had to wait for this payday to make another payment and I want to get it right to keep the crediors on side as much as possible. Last month I could only give them £10 each as my IP took our money when the IVA failed and left us with nothing to pay the creditors. Regards MAT.
Money_Help wrote:
God evening. Looking to make token payments to my creditors in the interim period. Should I pay the creditors with the higher amount oweing more than those with the lower amount? I know its late, but if youve been advised before then please let me know. Thanks
