Hi all I'm new to the forum and think it's great. I do need a bit of advice though.
I took a Tesco Loan in October 2014 for 15000 to pay some debts from a divorce. My monthly repayments are 313 a month for 60 months. I am unfortunately being made redundant and haven't found another job. My credit file took a small hit as I had two months of an arrangement to clear an overdraft which I did. However my score is only about 600.
What should I do should I not pay and wait for default? . Should I try and offer token payments? I don't have a mortgage or any assets I'm in rental furnished accommodation. Unsure what's best just wondering what you guys think
Many thanks
Announcement
Collapse
No announcement yet.
Tesco Loan can't afford what should I do
Collapse
X
-
Tesco Loan can't afford what should I do
Tags: advice, arrangement, assets, car, ccj, civil, con, consumer, costs, court, credit, credit rating, criminal, debt, debts, default, divorce, employment, fun, holiday, home, jail, job, legal, loan, mortgage, october, overdraft, pay, payments, questions, redundancy, repayments, size, small, stop, tesco, text, thank you, work