Desperate Times

JoeWicks

Ok, so here's what's going on.

Recently my partner had an operation which due to a prolonged healing period has caused to her to be signed off work, only being able to get statutory sick pay. This in turn means that between us we don't have enough money to pay bills, rent, council tax etc.

This however would not be the case if it wasn't for all the loan repayments my partner has to make each month. I was wondering if anyone can give me some advice on what can be done.

For example I've heard that you can contact the bank and make them a minimum offer of what you can afford to pay and get around that way. This is obviously only until she returns to work which could be anything from a few weeks to a couple of months.

Any help is massively appreciated as currently things look very bleak.

Joe

mandi

Hi Joe

Welcome to MSE ,

Your main priorities are food on the table and a roof over your head .

Loans will have to wait , though it is possible to negotiate reduced payments . My advice would be to contact

http://www.nationaldebtline.co.uk/ for some free & confidential advice .

Lomast

Also worth checking if the loan offers a repayment holiday, costs a bit more in interest over the term but may be enough to get you back on your feet. I know Lloyds offer this not sure if other do

DCFC79

Look at cutting your outgoings if your on the 1 income.

Peelerfart

Also, post an SOA on the debt free wannabee board those guys are good and they can help too.

poppasmurf_bewdley

Have you checked to see if you are eligible for housing and council tax benefits?