Please, please, please, contact the CCCS – they are a charity who give completely free expert credit advice. They do much the same job as those debt agencies you see advertised, except they WON'T charge you a penny, at any time. They're really very very good and very well trained.

http://www.cccs.co.uk/

Good luck! HXCreditors can be so nasty sometimes! One thing you can do right now is not answer your phone or if you do talk to them tell them that you are experiencing financial hardship and that you do not wish to be contacting on the phone – only in writing. That's it and just end the call. You can call a debt settlement company if you want and they will try to settle that debt for about 40-50% of what you owe – but that would hurt your credit rating. Anyway, I wish you luck and hope you find some kind of solution.go to your local Citizen advice centre . they will have a money advise budgeting section that will contact your creditors on your behalf and get you a loan of 2000 to pay off all creditors and you will have only one monthly repayment that you can affordThe above answer is not correct.The CAB will NOT get you a loan to pay off your debts. They will help you with a debt management plan and can negotiate on your behalf. There are other organisations who may be able to help you too. Pay plan do a pay-link service which is really helpful if you are on benefits. Its going to be a long haul and you will need nerves of steel to deal with the phone calls from the creditors etc. Do you not have payment protection insurance on you bank loan? If so maybe you should think about using that.Creditors are a pain they are alright chucking money at us but when we get in to trouble they are a pain,The most important bills are your rent/mortgage council tax,gas and electric work out what you have left after these don't leave your self short and make a offer to these creditors even if its £5 a month.Don't take much notice of there threats.

 

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