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Bank loan default notice
Northernbird_2
Posts: 175 Forumite
I have a bank loan that I can't afford the full payments on and i've been trying to get them to accept my offer of payment (which they won't do as they somehow think I can get blood from a stone!).
The outstanding (settlement) amount was around £23,000 when I last spoke to them. They've now sent me a default notice but the amount they've put is £31,000. They've added all of the interest - is this how it works?
Thanks in advance xx
The outstanding (settlement) amount was around £23,000 when I last spoke to them. They've now sent me a default notice but the amount they've put is £31,000. They've added all of the interest - is this how it works?
Thanks in advance xx
Lightbulb moment - October 2005
Debt at highest - £97,000 :eek:
Debt at highest - £97,000 :eek:
Debt now (15/06/07) - £83,908.47 (still :eek: but every little helps!)
Debtfree Date - 2015 (but working on it)!
2007 Comp Challenge - £360/£0 (I have no luck with winning!)
0
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