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    Help! Advice to best negotiate interest rates down for £20k debt
    • #1
    • 7th Dec 12, 5:52 AM
    Help! Advice to best negotiate interest rates down for £20k debt 7th Dec 12 at 5:52 AM
    Can you hep! I have a dear friend who is has a £20,000 debt on a few cards and missed a few payments. I have advised then ensure they create a standing order to meet minimum payments.

    I said they could negotiate the interest rates down or have the interest frozen so they can pay it off. Are they any web links to article on how best do this?

    Or what advice would ou give when negotiating rates down or getting debt reduced??

    Many thanks
    ďÖthe Ďinsatiability doctrine Ė we spend money we donít have, on things we donít need, to make impressions that donít last, on people we donít care about.Ē Professor Tim Jackson

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