A Fin24 user writes:
People should learn to own up and face reality and their
There is a tendency to ignore letters, phone calls,
change bank accounts and addresses. This won’t make the credit go away but adds to problems.
I dealt with my debt by calling everyone that I owed, and
requested reduction on payments until such time I am able to pay the initial
instalment. I also check my bank statement if all debits are going through
at the right date and I have closed all retail accounts.
I am left with one that
I am currently paying off.
I now put goods on lay-by and pay over three months if it's
clothing, and if it’s furniture over six months or one year depending on what
the agreement is.
I never went for debt counselling; I did it on my own.
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