lost my job

garry41

hi guys
its official i have now lost my job,the problem is i have my car on finance with bct £263pm i have a loan with welcome £136pm and loans with provident £300pm yes i know my credit is with all the top firms :rolleyes: my problem is with no job i can't afford to pay these out of £60pw jsa.i know that these firms will offer very little in the way of help,so really just wanted your thoughts/advice on what action i should take.im thinking about br but this would be the second time for me,so any positive advice would be more than welcome.
thanks guys.

garry

Rafter

Garry,

BR a second time is a very bad idea. You need to tell your creditors what has happened and then get yourself down to citizens advice to get them to help negotiate reduced payments. The car will probably have to go back to the lender.

Other than that, only advice is to get other jobs as soon as possible and try to get yourself a proper budget sorted out when you do to avoid paying so much of your income in interest to sub-prime lenders.

Good luck

R.

Robert_Sterling_3

Good luck from me too.