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Seeking unsecured personal loan £110PCM help


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I have 3k remaining on an unsecured personal loan -- now I am out of work (since January) I can no longer keep up the £110PCM month payments as I get JSA of £60PW to live on, and of course, that doesn't go far.

 

If I write to them to say I can no longer make the payment can they sell my debt on to someone else? Some advice on how to get out of this would be appreciated as I haven't defaulted yet but probably will do at the end of this month.

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Just write and explain the situation and see what they say, making a reasonable offer that you can afford, if they say no then just pay them £1 a month and/or request your agreement by way of a CCA request, to see what they have.

PGH7447

 

 

Getting There Slowly

---------

 

Advice is given freely but is in no way meant to be taken as Gospel:-)

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I would resend the letter and state that no reply means they accept your proposal of £1 a month

PGH7447

 

 

Getting There Slowly

---------

 

Advice is given freely but is in no way meant to be taken as Gospel:-)

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