I have an excellent credit score

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kallis3
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by kallis3 » Sat Jan 16, 2010 6:30 pm
I'm not impressed with that terminology at all.

Do you have your own property Lisa?

 

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MelanieGiles
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by MelanieGiles » Sat Jan 16, 2010 7:04 pm
The problem with most secured lenders these days is that they only have limited funds available, in which case they are probably only lending to squeaky clean credit scores.

 

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Cath
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by Cath » Sat Jan 16, 2010 7:24 pm
There are only so many times you can remortgage or acquire secured lending until your equity runs out, I know, I have been there and then the credit cards start to rack up again.

Maybe it's time to take the bull by the horns before it's too late and you end up in further debt, just a thought. xxx

 

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kallis3
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by kallis3 » Sat Jan 16, 2010 7:31 pm
You and me both Cath! We even listened to the bank when they refused to lend to us but told us to remortgage.

So now, instead of having 4 years to pay off on the mortgage, we have 11 years.

 

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lking761
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by lking761 » Sat Jan 16, 2010 7:53 pm
I do own my own house but am not in a position to remortgage at the moment.

I can't do an IVA due to my police aspirations.

I've been trying to work out how much i need to pay to make a dent on the balance as I think that's the only way forward, at least until I know if I get into the police or not.

I forsee much overtime ahead...

Thanks for all your suggestions.

 

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kallis3
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by kallis3 » Sat Jan 16, 2010 7:58 pm
I would try and just do an informal debt management plan at the moment until you find out whether or not you can manage to get into the police.

 

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Cath
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by Cath » Sat Jan 16, 2010 8:10 pm
I know a copper who has an IVA and he is still on the force and they are aware of his IVA.

 

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kallis3
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by kallis3 » Sat Jan 16, 2010 8:19 pm
If you are already in the force, then it's usually ok. It is if you try and join that it causes problems.

 

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Julie
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by Julie » Sun Jan 17, 2010 8:26 am
Lisa - contact your creditors and see if you can enter a lower repayment plan.

Good luck with the police force.
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