Preparing for BR

Senile_Student

Am I best using the 3 main CRA's to get up to date details of my debt or is there a better way?

Thank you.

dojoman

That is the way that I did it when I went BR.

BaldEagle

Or write to your creditors telling them you are looking at your current payment arrangements and can they confirm in writing your outstanding balance.

If any of them call in that time to ask what your new proposals are, say you are waiting on other creditors to return figures before making a decision and you'll let them know in due course.

Ineedaname

Depends how quickly you intend on going BR, think the CRA route would be quicker, even if you apply for paper copies you'll have them back within a week. Creditors may take a little longer to respond.

dojoman

BaldEagle wrote: »

Or write to your creditors telling them you are looking at your current payment arrangements and can they confirm in writing your outstanding balance.

If any of them call in that time to ask what your new proposals are, say you are waiting on other creditors to return figures before making a decision and you'll let them know in due course.

Depends on how many creditors you have got! I ordered my paper copies from Experian and Eqiuifax online but had to print off the application for Call Credit and send a cheque for the £2. The 2 I ordered on line only took 2 working days whilst Call Credit took nearly 10:)