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marlin help
Mrhappy1_2
Posts: 2 Newbie
I hope someone can help me please.!
I lost my job about two years ago and fell behind with payments to a loan. !marlin Europe became involved and they put an attachment on my home and I pay £60 a month. !today I got my annual statement and it says opening balance £13998.30. closing balance. £14309.62!!!!!!!
they are charging me over £84 a Month in interest payments. !I can't afford to pay anymore and i have been paying for over a year and owe more now than when I started
what can I do no wonder I feel like just ending it all I can't see a way out!
can I reduce my payments to say £10 a month and they won't be able to take my house off me because I am struggling paying £60 and the loan isn't reducing anyway.!
so upset!
I lost my job about two years ago and fell behind with payments to a loan. !marlin Europe became involved and they put an attachment on my home and I pay £60 a month. !today I got my annual statement and it says opening balance £13998.30. closing balance. £14309.62!!!!!!!
they are charging me over £84 a Month in interest payments. !I can't afford to pay anymore and i have been paying for over a year and owe more now than when I started
what can I do no wonder I feel like just ending it all I can't see a way out!
can I reduce my payments to say £10 a month and they won't be able to take my house off me because I am struggling paying £60 and the loan isn't reducing anyway.!
so upset!
0
Comments
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I'm not an expert but if they have a charge over your house, reducing the payments to £10 is not a good idea. The debt will increase even faster than it is doing now. What makes you think that they won't be able to take your house?
I would try speaking to them and explaining that you are struggling.
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Give national debtline a call:beer:0
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