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How can I get my credit card loan written off?

khurshah · 2013-06-23 11:40:59

Hi mates, I lost my job last year in september 2012, and since I am unemployed but I have support from social welfare, I had a loan of 3000 euros on credit card from mbna, which I am paying off in installments since last 4 years, but I still got to pay around 2600 euros to them, but due to my current tight financial…

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23-06-2013 12:40pm

#1

khurshah

Registered Users Posts: 41 ✭

Join Date: January 2011

Posts: 20

Hi mates, I lost my job last year in september 2012, and since I am unemployed but I have support from social welfare, I had a loan of 3000 euros on credit card from mbna, which I am paying off in installments since last 4 years, but I still got to pay around 2600 euros to them, but due to my current tight financial circumstances I am unable to pay them installments where as I have a wife who is also unemployed and lost her job in health sector a month ago, I am so worried and will appreciate your advise about any way to get my loan written off or cut down by some percentage if possible? also let me know if writing off a loan would effect my credit history too? Thanks a lot mates.

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#2 23-06-2013 12:57pm
johnnyskeleton

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khurshah wrote: »

Hi mates, I lost my job last year in september 2012, and since I am unemployed but I have support from social welfare, I had a loan of 3000 euros on credit card from mbna, which I am paying off in installments since last 4 years, but I still got to pay around 2600 euros to them, but due to my current tight financial circumstances I am unable to pay them installments where as I have a wife who is also unemployed and lost her job in health sector a month ago, I am so worried and will appreciate your advise about any way to get my loan written off or cut down by some percentage if possible? also let me know if writing off a loan would effect my credit history too? Thanks a lot mates.

The only ways to get a loan written off are paying it back, making a deal with the credit institution by speaking to them and making an offer, or if you are a major politician.

You could ring them up ask for a meeting, explain your circumstances ask for a deal, if the loan was for a car etc offer to return the car, see if a family member can help you out with payments, agree to a reduced payment over a longer term etc.

A writedown may affect your credit history if the credit union is part of the Irish credit bureau.

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#3 23-06-2013 12:59pm
realitykeeper

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Stop your whinging and pay your debts out of that you blackguard.

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#4 23-06-2013 1:00pm
daddyorchips

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khurshah wrote: »

Hi mates, I lost my job last year in september 2012, and since I am unemployed but I have support from social welfare, I had a loan of 3000 euros on credit card from mbna, which I am paying off in installments since last 4 years, but I still got to pay around 2600 euros to them, but due to my current tight financial circumstances I am unable to pay them installments where as I have a wife who is also unemployed and lost her job in health sector a month ago, I am so worried and will appreciate your advise about any way to get my loan written off or cut down by some percentage if possible? also let me know if writing off a loan would effect my credit history too? Thanks a lot mates.

you took the loan pay it back

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#5 23-06-2013 1:00pm
woodoo

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I know people who went to MABBS about 10 years ago with Credit Card debts and got a big downright provided they agreed to pay off the agreed amount in a lump sum.

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#6 23-06-2013 1:09pm
monkeysnapper

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Jeez I hope the op isn't to sensitive !!

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#7 23-06-2013 1:41pm
Black Swan

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khurshah wrote: »

How can I get my credit card loan written off?

MOD CLOSING COMMENT:
This is not a discussion that pertains to the Irish Economy, and appears to be more a very personal credit card debt issue. You may wish to view the Banking forum under Biz to see if it may be more appropriate towards solving your problem.

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