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

[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.

[Faithful Mumma]

I would definently call a financial counsellor. See if you can google a government based one. Also, writing letters explaining your situation is another great idea. Google US based Finance Experty Dave Ramsey for copies of what he suggests you write on his website. We use his budgeting tools etc. Companies like to be kept in touch with what is happening, never EVER feel embarassed. It is just life

We have also gone through a brilliant company in the past called Debt Mediators, google their site We are now all caught up and saving which is brilliant

[Daydream Believer]

Check the contract of your finance provider. With my car loan they wouldnt give us reduced payments for a while when I had DD because pregnancy & maternity leave arent good enough reasons

[BrightSparkles]

I seem to have it sorted out now. My loan payments/credit card payments are fine - I can manage all those ones (will be even better off if we can get this loan to consolidate it all) It's just this damn Creditline account. BIGGEST regret ever!!!!

[Teeki]

Hey Sunshine, I work at a bank and can tell you we DEFINITELY don't judge or look down on someone asking for an altered payment arrangement - like the others said, it's really appreciated when customers call us early to make us aware what's going on. With your credit line account, can you consolidate it with another of your loans so that your running in creidt rather than debit, and you have a set repayment in month? You could also go interest only to keep repayments so the payments are lower until you go back to work? Hope you get it sorted

[deletedit]

My bank drives me bonkers because they take our loan payments out "monthly", which means we never know when or how much the payment is going to be as it is rarely on the same day each month and never coincides with our incoming pays. We transfer money manually to pay it because it isn't regular. Bank, of course, can't help with this.

I've just gone on a bender (must be the nesting instinct) sorting out our payments and which banks they go into and come out of. I really need to refinance the loan soon (which will double our payments), and when we refinance we are DEFINITELY getting a loan with regular fortnightly payments. More than enough coming in to cover everything but never on the right days.

[BrightSparkles]

Hey Sunshine, I work at a bank and can tell you we DEFINITELY don't judge or look down on someone asking for an altered payment arrangement - like the others said, it's really appreciated when customers call us early to make us aware what's going on. With your credit line account, can you consolidate it with another of your loans so that your running in creidt rather than debit, and you have a set repayment in month? You could also go interest only to keep repayments so the payments are lower until you go back to work? Hope you get it sorted

Thats the plan to consolidate it into the loan