SalaryFinance

michael3429

Good evening all,


I was hoping someone could lend some advise/info
Ive searched the relevant site I have salary finance with and there is nothing on there about missing payments ,DMP ETC


So I have a £5k loan which is inst to far into the agreement. I'm starting the process of DMP with stepchange at moment I have debts of around 15K but its ruining me at moment so im trying to take the relevant steps to help myself and my family before we lose everything. anyway salaryfinace take money straight from my salary all agreed with my employer etc, do I need to do anything different with this company and will my employer get involved or be effected in anyway.
Thanks in advance

sourcrates

Hi,

How do they take the money, what is the nature of the arrangement ?

More information needed.

michael3429

Hi Thanks for reply,


They take the monthly payment direct from my salary so my monthly salary I receive would already have this loan payment taken. I work for a BIG company and salaryfinance is a employee scheme we can sign up to, loans at slightky lower rates and more chance of acceptance

sourcrates

Ok, well if that’s the arrangement they will keep talking the same payments direct from your salary, I don’t see how you can change that unless you contact the company concerned and explain your financial situation to them.