Page 1 of 1
Posted: Wed Mar 12, 2008 3:28 pm
by bongo
My credit rating is too bad to get a intereest free loan or card but my payments are too much to pay, what do i do?
Posted: Wed Mar 12, 2008 3:29 pm
by rayb
Could you list what you owe and your outgoings plus home situation. Then we will be in a better situation to advise you
Posted: Wed Mar 12, 2008 4:25 pm
by iva experts
You could contact each of your creditors separately and see if they will accept reduced minimum payments or enter into a Debt Management Plan through an external company who will make arrangements with your creditors and you can pay a monthly figure.
What is your disposable income (monthly income minus general living expenses)?