Do they look at you in a bad way?? Advice re a finance company

[deletedit]

Not sure about finance companies but your utility bills really prefer it if you ring and make an arrangement and not just pay late.

[BrightSparkles]

Not sure about finance companies but your utility bills really prefer it if you ring and make an arrangement and not just pay late.

I've often done this with electricity bills as they always seem to be higher than we budget for (apart from the last bill which was HEAPS lower than we expected)
We are going to try and get a consolidation loan to start making a dent in the debt we have but until thats sorted we are just living pay check to pay check.

[Mak]

Sounds responsible to me! You have altered circumstances and are making adjustments accordingly, plenty of people would just let the bills pile up and hope they disappear rather than address it. You shouldn't be embarressed at all.
xx

[Doing my best]

The horror stories you see are generally people who haven't advised them of change of circumstance..

Although you have signed a contract, most companies will assist with a payment plan, but they aren't obliged to..

[Little Chicken]

Most companies would rather hear from you before you get behind in the payments. Once you start building up missed payments, that's when it gets harder to negotiate.

[*LittleMissSummer*]

I agree they prefer you to be honest and upfront.

I was avoiding one loan and i finally got the courage to call them and tell them whats been going on and found it really wasnt all that bad.

Sometimes you can't help what your current situation is, and they are always willing to make alternative arrangements that better suit you.

[Just Me]

I think they are usually pretty good if you need to make a payment plan - especially if you are prepared to make a reasonable payment plan. They understand that sometimes things get tough and the money just isn't there. If you know what your budget will allow for before you ring them and make a proposition over the phone, they are usually pretty good though I think most of them can't draw it out any longer than a month.

Financial stress is hard. It is not easy to ring up but you will feel a lot better if you have an arrangement in place and you aren't scared of them ringing you and chasing you up for money all the time.

Good luck with everything.