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Struggling to make repayments on Credit Union loan

hefferboi · 2019-05-16 15:02:39

I took out a loan last year to buy a car and my circumstances have changed recently and I’m now struggling to make the repayments. I have money in shares that I put against the loan. Is it possible to write off my shares against the loan? This would mean I’d only have a small bit to pay back and would help massively

16-05-2019 3:02pm

#1

hefferboi

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I took out a loan last year to buy a car and my circumstances have changed recently and I’m now struggling to make the repayments. I have money in shares that I put against the loan. Is it possible to write off my shares against the loan? This would mean I’d only have a small bit to pay back and would help massively

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#2 16-05-2019 3:04pm

kippy

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hefferboi wrote: »

I took out a loan last year to buy a car and my circumstances have changed recently and I’m now struggling to make the repayments. I have money in shares that I put against the loan. Is it possible to write off my shares against the loan? This would mean I’d only have a small bit to pay back and would help massively

Have a talk to the CU directly. They are usually very very helpful in situations such as this and will provide you with options custom to your own requirements and circumstances.

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