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Bank of Scotland Term Loan


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Hi Everyone,

 

When i was a foolish young 18 year old i got into a lot of debt due to the fact the bank were pushing all these credit cards / overdrafts etc onto me.

 

About a year ago it all got too much for me and after talking to a manager managed to get a Term Loan for the full amount owing at a reduced payment of £161 (Over 25 years however)

 

I was wondering if there was any way of either getting this substantially reduced or written off completely without adversely affecting my credit rating - maybe under some form of legislation relating to being badgered at a young age to take out the debt etc?

 

I know it probably sounds like an attempt to bail but its just very crippling and its gonna last another 20 odd years - id prefer to get something done other than resorting to an IVA or Trust Deed.

 

Your help is appreciated!

 

Cheers

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UNTIL MY CASES ARE RESOLVED/WON IM GOING TO KEEP MY SIGNATURE BLANK AS IM AWARE THE BANKS TEND TO TRAWL ON SOME OF THESE FORUMS AND AS MY CASE IS A LITTLE COMPLEX IT WOULD BE EASILY SPOTTED

 

DONT WORRY - THE INFO SHALL RETURN ONCE THE CASE IS RESOLVED/WON

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