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Paying loans when off sick

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Is there a template letter/email available, to send to creditors to ask for a 'grace' period when off sick (following an operation) for a few weeks?

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  • CliveOfIndia
    CliveOfIndia Posts: 2,533 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 12 December 2024 at 2:26PM
    You'd normally need to go via a debt advisor, though there's no harm in speaking to your lender directly and seeing if they can help.  Do be aware that, if they agree to a payment holiday, this will be recorded on your credit file.
    Do you not receive sick pay from your employer?  You should be entitled to SSP at the very least, most employers will continue to give you full pay for a period.
  • tizerbelle
    tizerbelle Posts: 1,921 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Do you not receive sick pay from your employer?  You should be entitled to SSP at the very least, most employers will continue to give you full pay for a period.
    SSP is only £116.75 for a full week and you don't get it for the first 3 working days anyway so a 5 day a week worker off for 2 full weeks would get £163.45 total SSP (£46.70 + £116.75).  And I'm disappointed to say that in my payroll experience in private sector more companies don't give sick pay over SSP than do. 
  • sourcrates
    sourcrates Posts: 31,555 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Is there a template letter/email available, to send to creditors to ask for a 'grace' period when off sick (following an operation) for a few weeks?
    Just populate one yourself, its not difficult, just explain briefly your circumstances, and how long you expect this situation to last, then put what you want the company to do to help you, don`t ask, don`t get remember, thank them and sign off.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
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