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Consolodating debt and moving abroad

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  • 22-03-2011 12:53am
    #1
    Registered Users Posts: 2,198 ✭✭✭


    Hi all,

    Im wondering if there is anyone on here who might be able to give me some advice. I like so many others would love to just get up and go and leave the country........to anywhere else really!! Problem is i've got 2 small enough loans at the min and the usual credit card going. Now I dont want to just up sticks and leave, I do want to pay back what I owe but what is my best way of doing this? Is it realistic to say, consolodate my loans and arrange to pay back from a job abroad? Or can it be arranged to defer all my payments for say a year before I return? Any help or advice?


Comments

  • Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    You could put them all in one loan. Or you could move your credit card to 0% for 10mts with a new provider. If you also got the 2 small loans and could fit them on the new credit card with the 0%. You may get 10mts interest free just paying the minimum which would give you a chance to attack the capital and make some breathing space for yourself.

    You can ask you loan provider to give you a payment break for a while maybe 12mts. Either way move your credit card to a new provider tomorrow.


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