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nat33

crisis loan

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Hi,im hoping someone could advise me as im in a bit of a mess,i left my husband last year due to domestic violence,i needed a loan for furniture so i took a loan on my car i only owe £700,but i know have to get rid of the car as he keeps following me,im on tax credits as im on a low income,the council tax are doing an attatchment on my wages and not his which is alot out of my money each month,but for my own and my childrens safety i need to sell my car but need to pay off this loan (police have advised me to sell the car)would they give me a crisis loan for this or not,im involved with various agencys im on anti depressants off work as im to ill and weak what can i do?cant get another loan as my house got repo as i had to leave quick and couldnt return

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I dont think they would give a crisis loan to pay off such a loan. Could you not sell the car for what you can get and get the creditor to lower the payments on the outstanding credit. They cant take what you havnt got. Alternatively give the car to the loan company (obviously depending on how much its worth).

 

At least you want the car to go, threats of repossesion shouldnt intimidate you.

Edited by ladybird74

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A crisis loan would not pay for this, I'm afraid.


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