We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Overseas credit card debt
Options
odensejohn
Posts: 1 Newbie
Hello there,
I moved to Denmark last August and have one remaining debt in England with Tesco credit card. I have been making the monthly minimum repayments (it is currently interest free) and had assumed that I would be able to pay off the balance. Unfortunately due to the high cost of living in Denmark and delightful dental bills I now cannot pay off the entirety of the debt. I am also not in a position to repay it from my Danish income because I work part time and live just within my means. Through blind optimism I assumed that I would be able to find a job where I would be able to earn enough to pay it but this is extremely unlikely in the next year or so because of the language difficulties. Danish is not easy to learn! The debt is £1500 and I can pay off £600 of it. Does anybody have any advice about what I should do. I have not as yet contacted the credit card company because I don't know where I stand.
Any help much appreciated.
I moved to Denmark last August and have one remaining debt in England with Tesco credit card. I have been making the monthly minimum repayments (it is currently interest free) and had assumed that I would be able to pay off the balance. Unfortunately due to the high cost of living in Denmark and delightful dental bills I now cannot pay off the entirety of the debt. I am also not in a position to repay it from my Danish income because I work part time and live just within my means. Through blind optimism I assumed that I would be able to find a job where I would be able to earn enough to pay it but this is extremely unlikely in the next year or so because of the language difficulties. Danish is not easy to learn! The debt is £1500 and I can pay off £600 of it. Does anybody have any advice about what I should do. I have not as yet contacted the credit card company because I don't know where I stand.
Any help much appreciated.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards