Debt Solutions

These are some options that you can take to a Creditor. You may be surprised how open the creditor is to these terms:

•Extension of the loan term

•A payment deferral

•A period of reduced payments

•Repayment of the interest only

•Tailored Support

•Reduced Final Payment Settlement

•Loaning to a ‘vulnerable’ person

If you get the help of an organisation such as MABS (this help is free of charge), these are the sorts of options that they will be making to your creditors.