Beneficial finance

skintandscared_2

Conrad wrote: »

Would you harras you employer if they could not pay you in full? Would you not mind if your ex decided they could not make the maintenance payments?

An ordered society relies on everyone acting in an orderly manner. It's this premise that gives us this type of society we all take for granted. If you want a free for all where people can alter thier promises then you need to live somewhere not as ordered such as Nigeria or Columbia. Imagine if we all broke our commitments - so the midwife just fails to trun up, the farmer cant milk the cow, the electricty station manager cant get to work to turn it on - soon we all have chaos, THATS why organisations must persue the promises people give no matter what.

At age 18 we all face choices. Choice 1 - we can borrow money, BUT, before this we should be saving so that when the INEVBITABLE bumps in the road hit us, we dont get behind and dont struggle. Its an age old concept known to early Humans - save some of your crop for the hard winters and dry summers - dont put yourself up against fate.

A hard message yes, but a truthful one known through the ages.

I would, of course, be extremely unhappy if my employer couldn't pay me. But I am old enough to realise that if they didn't have the money to pay me, harrassing them wouldn't make any difference.

If everyone was perfect then yes, they would save for every possible eventuality that life could throw at them. Before taking out a loan or a mortgage they would think to themselves ... ooh, maybe I'll get knocked over by a bus and disabled for life and my income will decrease so maybe I shouldn't do it after all. Unfortunately the world is full of human beings who make mistakes and sometimes have nasty things happen to them that they have no control over. In those circumstances, getting nasty doesn't help one little bit. Having compassion and empathy could be all it takes to get all your money back - albeit at a slower speed than anticipated.

Apples2

5.29pm
Ring Ring...Ring Ring

"Hello, this is LloydsTSB, I noticed you had a loan from us last Month but our records show no repayment has been received"

"Err No!, I've had an unforceeable change of circumstances so I cannot pay"

"I'm very sorry to hear that, I hope things pick up for you soon, Byeeeee".


5.45pm
Ring Ring...Ring Ring

"Hello, this is Wonga, I noticed you had a loan from us last Month but our records show no repayment has been received"

"Err No!, I've had an unforceeable change of circumstances so I cannot pay"

"I'm very sorry to hear that, I hope things pick up for you soon, Byeeeee".



See the problem??
Who would mediate?
Who would investigate those with genuine problems against those who just want to grab as much as they can and stuff the repayments?
How would they EVER get their money back?

skintandscared_2

Apples2, since I contacted CCCS and entered a DMP (debt management plan) I haven't had a single phone call. I make one payment per month to CCCS and they distribute it, pro-rata, to my creditors. I will pay back every penny but it will probably take me another 4 years. I'm not ducking out of my obligations to pay, but I can't pay back at the rates I originally agreed to. CCCS (and PayPlan) are completely free and can help you.

Apples2

I'm not having a dig at the CCCS, I think their work is excellent, by far the better option than paying some company a slice of the cash to do it for you.

skintandscared_2

I do understand your point and obviously mental health conditions are easy to use as an excuse because they are not physically obvious. My partner has daily medication and regular GP/therapist sessions which are very easily proved. Thankfully, in our case, we have been treated with respect and empathy and every creditor will get every penny they are owed.

To be honest, if I had been harrassed and hounded I would have considered bankruptcy instead. I have no property or assets worth anything. I would have been discharged from bankruptcy 2 years ago, instead of only halfway through my repayment plan.

winnie88

Apples2 wrote: »

You were naive in thinking you could pay just £5 a Month and suffer no penalties.
I would guess what they mean by holding your account until Sept, is that they will agree to reduced payments until Sept. After this time, they will expect you to start making inroads into your arrears as well as making the agreed payments.

I find it disturbing that you consider your meagre £5 a Month "in good faith" when you have humped them over by failing to repay at the rate you promised you would.

Apples2. Having read some of your answers to this and other questions that have been put on this board and am horrified at your lack of sympathy! The people that come on these board are people who are clearly worried. Fine, they have done the wrong thing by taking out loans but when you are desperate for money a loan seems the answer to your prayers. You are obviously the kind of person that has no sympathy or compassion and I feel very sorry for you. You are very lucky that you obviously have the life where you do not need loans and such like? However there are a lot of people who struggle on a daily basis to survive. I work for C.A.B and try to help these people not condemn them or make fun of them. Your comments are rude and arrogant!!!:mad:

Apples2

winnie88 wrote: »

Apples2.
Your comments are rude and arrogant!!!:mad:

Hugs and sympathy don't help.
There is a logical, sensible and legal way of dealing with money problems.

The OP in this case has problems, then go to the Doc and let someone else deal with this or struggle through, either way, it needs to be dealt with.

The OP clearly has the money to make payments but implies the drip feeding of a few quid to the creditor is some kind of goodwill payment, but will only be paid under certain circumstances. The OP actually comes across as feeling cheated.

I could never advocate the taking of funds then denying the creditor their repayments. In my tiny mind, sell stuff, cancel the goodies and focus on clearing the debt. Use an SOA properly.

Being desperate for money does not mean the repayments are less important than for someone in good stead who fancies treating themselves.

I'm sure CAB do a good job but the one and only time I needed advice, all CAB could offer me was sympathy. I had to go elsewhere for advice.

When I went through a Divorce I had loads of sympathy, it was coming out of my ears.... but it is useless.

Blunt advice is no less accurate than smothering it with cuddles and hugs.:grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug::grouphug: