We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

loan help

saleschick
saleschick Posts: 23 Forumite
I took a loan out in 2006-my relationship had just broken down after 7 years and I Was struggling to pay the mortgage and bills alone I applied for a loan through a third party finance company who were working with HSBC for a loan I was invited to a gruby office where 1 girl spoke to me and told me it would cost as much to take a loan for 2grand as it would if I took one for 10 grand,she then left me in the room for an hour and a guy came and hassled me to make a decision on the 10 k loan telling me they would not lend me under 5k but 10k was my best option due to the payments being the same,-they told me if i left before signing they would not consider me again-so much so i signed-I ended up falling behind with payments and going through the C A B who represented me and it ended up them putting a charge on my property-to the tune of 26k-10k plus interest-this will take me 25 years to pay -Iam desperate to know can I do anything to have it removed or come to some agreement to have it reduced-I have been paying it now for 3 years and have never missed a payment-Iam desperate I think about it all the time.:(
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.