How I Negotiated Credit Card Debt From £100,000 Down To £5,000

How I Negotiated Credit Card Debt From £100,000 Down To £5,000 - Negotiating A Reduced Settlement

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5 жыл бұрын

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Пікірлер: 280

@simsimg264 5 жыл бұрын

I first saw you last year and took your advice. I'm now making token payments (£1) to two of my creditors and the 3rd has recently been in touch. Seriously, if it wasn't for you, I wouldn't have been able to take the step to change my carer because I was a prisoner to my debt! Now I'm working part time and studying... Thank you!!!

@Oye_TheRealDebtGuy 5 жыл бұрын

I am so pleased to hear that and you are welcome.

@simsimg264 5 жыл бұрын

@@Oye_TheRealDebtGuy I'm sure I've already said this (or something similar) on one of your other videos, but that's how much I can't believe I'm now living a happy life and managing my debt!! ... No where online have I see your kind of advice and I almost got caught by one of those "we can clear your debt" companies, wanting me to do an IVA - pure gratitude x

@harrietb9078 5 жыл бұрын

Awww love this comment. Victory for to the small (not so) people

@hinesy89 5 жыл бұрын

Hi how did you go about sending a letter to the creditors I’m stuck as to how to word it lay it out, I got do with a template from somewhere

@MrGammyballz 5 жыл бұрын

@@hinesy89 A simple letter will do, explain you are in serious financial difficulty and it is affecting your family. If you need advice contact debthelp@oyetvchannel.com. I did and got some great advice on dealing with my situation.

@ChefRojo 4 жыл бұрын

KNOWLEDGE IS POWER. Oye, you're a badass. Thanks for sharing

@JG-fg1ye 5 жыл бұрын

brilliant vid as always, succinct and passionate 👍🏻

@megpeg8910 5 жыл бұрын

So, everything in writing to cover your tail. Thanks. Fantastic Knowledge to have. Your a great guy for sharing all your information.

@ivormectin.3046 4 жыл бұрын

i just love this channel. very educational and instructive , thank you so much. i can use your info to help others.

@BT-sharky 3 ай бұрын

This has helped me beyond measure

@lisahodgkinson1978 4 жыл бұрын

Great and informative video, thank you very much, it’s a great help!

@blairfell9769 4 жыл бұрын

Lisa Hodgkinson *Hey guys😄mystery_hacker79 on Instagram he’s an expert💯*

@asad272 5 жыл бұрын

Just by your video !! You have helped me beyond means ! Thank you so much

@Oye_TheRealDebtGuy 5 жыл бұрын

Asad Ali you're very welcome

@pedroguerreiro7906 5 жыл бұрын

Great video, very informative, tho is pure gold.I recently subscribed on the channel, very useful even for me being a foreigner, you have explained everything in a simple way. HUGE THANKS .

@Oye_TheRealDebtGuy 5 жыл бұрын

You are very welcome.

@ericfolie1780 2 жыл бұрын

Thanks my brother that was awesome

@mrsdascavich5319 3 жыл бұрын

Thank you for this content!!

@Oye_TheRealDebtGuy 3 жыл бұрын

You're welcome

@IpsensFury 7 ай бұрын

Just want to say thanks again, I have gotten very into your content. I have started to receive settlement letters and watching this has made me realise that I shouldn't accept these offers as they do not suit my situation. You have saved me so much stress and upset over the last couple of years. So I thank you eternally for this.

@Oye_TheRealDebtGuy 7 ай бұрын

You’re very welcome

@geoffjoffy 2 жыл бұрын

VERY interesting. Thanks!!!!

@motherqueenkeisha 2 жыл бұрын

Hey King, thank you so much for these videos and for this community. Do you have a referral scheme that I could tap into? Also Do you have a video about secure Loans that I might have missed?... How to write if off and how to negotiate settlement payments on them? Much appreciated 🙏🏾

@andrew_schmidt Жыл бұрын

gold. I wish your channel the best

@Oye_TheRealDebtGuy Жыл бұрын

🙏🏾

@nyloves0216 5 жыл бұрын

After watching this I got on the blower and I’ve saved myself £500 😎thank you

@billiehendrix7652 2 жыл бұрын

Love you bro… Thank you 🙏🏾

@daviddeya9854 3 жыл бұрын

thanks for the advice

@iSintim 5 жыл бұрын

Cheers, In debt to you for the knowledge bro...didn't know debt collection was a business in its own right.

@jasongriffiths8438 3 жыл бұрын

Tim Sintim Offer him token payments

@pdlrkpdlrk9971 3 жыл бұрын

Oye I can't tell you how much these videos have helped me. Thank you man

@Oye_TheRealDebtGuy 3 жыл бұрын

Glad I could help 🙂

@LittleMissDeeDee 5 жыл бұрын

Thank you - really helpful. Mines been purchased by a debt collector. I’ll do token payment.

@Oye_TheRealDebtGuy 5 жыл бұрын

You're welcome

@stephaniebuick2080 Жыл бұрын

Brilliantly informative video.

@Oye_TheRealDebtGuy Жыл бұрын

🙏🏾

@anythinggoes4588 5 жыл бұрын

Top guy!

@gerrymoroney5117 2 жыл бұрын

Hi Oye. Life saving videos! Thank you. Looking to the future when maybe I can negotiate my debt down. How does that help if I’m still ‘penniless’ and can’t even afford to pay off the highly discounted debt.

@eddybubble5230 4 жыл бұрын

WOW..... GREAT CONTENT ....

@FHIPrincePeter 4 жыл бұрын

Once again good advice. Have you made a video on Promissory notes yet?

@Oye_TheRealDebtGuy 4 жыл бұрын

Peter B not yet but it’s one I may do.

@fishasyougo 2 жыл бұрын

hi mate you are such a legend I'm feeling so relieved after watched it ,i will definitely will try with the debt collectors and the bank the token payment option i just have a question , if i offered the debt collectors the token payment and they rejected it , can they simply take me to court ? thanks mate

@victoriamckaskle9380 3 жыл бұрын

Thank you got the video. Is there a way to negotiate debt if your account is still in good standing ???

@GavinMufclee Жыл бұрын

Thank you for your info. Channels like yours should be up there.

@Tom_murray89 3 жыл бұрын

great video i going to make an offer to my creditors

@getchapulldimebag2964 4 жыл бұрын

Please do a video on secured loans.. what ur rights are .. what they can and cant do

@tinfoiltaylor 10 ай бұрын

You are a smart, smart guy!

@Oye_TheRealDebtGuy 10 ай бұрын

🙏🏾

@adampottle2796 3 жыл бұрын

Do you have to default on a payment before you can make them an offer of final settlement, ie become a non asset first.

@RM-lj8bv 11 ай бұрын

Which of the free debt help organisations do you think is best to get advice from IN SCOTLAND for credit card debt, please?

@playboismoovz9236 5 жыл бұрын

What if you haven’t been making token payments and it goes to a CCJ?? Do you have any advice about this? Please, I feel stuck. I received a court letter but haven’t opened it, I sent it back by ‘return to sender’. Yh my accounts have been defaulted

@paulfowler981 Жыл бұрын

and the creditors file suit if u give are doing token payments, and how do you arrange a small token payment as low as one pound

@gems8852 4 жыл бұрын

Hi oye . I hope you are staying safe bro , a quick question, can I pay token payment to my business loan ( EFG ) ? thanks

@KOL630 2 жыл бұрын

Should be aware that if you negotiate a reduced full and final sum the outstanding unpaid amount shows on your credit file as an unpaid sum and could affect your ability to obtain credit in the future.

@aneelaasad6125 2 жыл бұрын

Good Man

@safia9536 3 жыл бұрын

You should exchange the written negotiation BEFORE you pay.

@alexandrahughes5740 3 жыл бұрын

OMG i think you just might have saved my life, I hope it works

@vaughanowens4916 3 жыл бұрын

I have tried it and it honestly works

@cisinlondonuk Жыл бұрын

Can they refuse the token Payment ? Like . Argos, very , credit cards ? Thank you

@veronicaatkins2806 2 ай бұрын

Thank you

@Oye_TheRealDebtGuy Ай бұрын

You're welcome

@MrCharlesWidmore 5 жыл бұрын

Great video......but why is council tax, water bills etc a bigger shark in the water with much more muscle? Surely that's just figures in thin air also?

@Oye_TheRealDebtGuy 5 жыл бұрын

Very good question, one for another day....

@kmdlopper 5 жыл бұрын

What actually happens to your credit score once you start token payments and it's been sold on/written off? Will the debt automatically disappear from your credit file if someone hard searches you? How hard is it to build your credit rating back up? (Given you're consistently making token payments)

@Oye_TheRealDebtGuy 5 жыл бұрын

Looks like I need another Debt Q&A. You will be defaulted and that will disappear after 6 years. Watch my "How To Increase Your Credit Rating" it's not that hard it just requires time.

@getthoseskills4451 3 жыл бұрын

Thanks man

@Oye_TheRealDebtGuy 3 жыл бұрын

You're welcome

@Mr99RICH99 Жыл бұрын

I have a creditor im.trying to settle a small debt with but they have tacked on double the amount of the credit limit in fees and late charges and when I ask them about certain charges they put me on hold for 15 minutes then the phone goes dead , this happened 4 times in a row ....I think they are playing games

@ameenyousaf2839 5 жыл бұрын

O have ignored my dent for a few years how do i go about setting up token payments? Pls can you guide me? Will they accept despite the fact I have ignored reduced offers? It gear anxiety video really calmed me down thanks for the advice

@Oye_TheRealDebtGuy 5 жыл бұрын

Ameen Yousaf watch my How To Write Off Debt Video in my debt playlist.

@Repasado1894 Жыл бұрын

My debt has been passed to a collection agency. Is it to late to offer a settlement still?

@-chosen-5182 Жыл бұрын

So basically. You have more leverage with you cc debt when it goes to the debt collector?

@slomofs 3 жыл бұрын

These videos are so helpful, thank you Oye!!!! I’m just wondering why when you apply for a mortgage must you pay such high “application fees”???? I’m applying for a buy to let remortgage and they want £1995 application fee?! £2k for someone to open a laptop and transfer digitally created money :-(

@Oye_TheRealDebtGuy 3 жыл бұрын

Your guess is as good as mine

@kdlofty 3 жыл бұрын

Does this work with a threatened ccj from united utilities?

@daviddavis8165 4 жыл бұрын

Love your videos.They have helped me out so so much. Thank you for sharing all this information with us all. I have found myself in a debt situation where i have not been able to repay my loan due to being off work through my lower disks in back being out of place. Now on basic Employment Support in England which is terribly low amount each week. Not even enough to feed myself. The Citizens advice recommended i go bankrupt but after watching your video i am glad i have not gone down that route of bankruptcy. I am now going to offer the debt company a small amount each month and will certainly get a final settlement letter etc off them. Your videos have truly opened my eyes to what is available to people like me where as before i did not know what to do. Can not thank you enough for all your help. Dave

@Oye_TheRealDebtGuy 4 жыл бұрын

You’re very welcome Dave

@jasongriffiths8438 3 жыл бұрын

Only offer £1 pm

@miketakeflight5550 3 жыл бұрын

Blessings King I appreciate you Greatly for your ENERGY!!!💎💎💎🙏🙏🙏🙏🙏🙏🔥🔥🔥🔥🔥🔥🔥🔥🔥

@Oye_TheRealDebtGuy 3 жыл бұрын

🙏🏾

@4LP3E 3 жыл бұрын

thank you you are wake

@rajsandhu7126 5 жыл бұрын

Hey Oye, great video. Question, how will your credit file be affected?

@Oye_TheRealDebtGuy 5 жыл бұрын

getfitwith raaj thanks. You will receive a default.

@yask8230 3 жыл бұрын

Ive got 16k in credit cards but since covid work had gone down the pan. Im currently on holiday plan which is ending now and feel like im going to struggle to keep up with the payments.. is there anything i can do? Would this work for me? Also longterm implications against credit file?

@Oye_TheRealDebtGuy 3 жыл бұрын

Yes, depending on your debts. Go through my videos as they will give you answers. If you need to speak to me check the description box for details how to.

@ameenyousaf2839 5 жыл бұрын

No thanks for ur reply should u call them direct and do I have to do an income and expenditure form as all debt advice saus u must do this pls help

@Oye_TheRealDebtGuy 5 жыл бұрын

Write to them don't call. Watch my this video about Income and Expenditure kzfaq.info/get/bejne/ibKjpMh8nt67pmw.html as sometimes it may be easier to fill it in but watch this first.

@Sofiascrown 5 жыл бұрын

Does that work for parking tickets where the bailiff is chasing you and just keeps adding more fees. The problem now it’s impossible for me to pay these fees but is willing to give them £5 per month.

@Oye_TheRealDebtGuy 5 жыл бұрын

MrKayvonbanton it's not as simple with parking tickets.

@lathamallika1482 2 жыл бұрын

Wow well said i am in exact same position ,a quid a month ,the fu===== asked for my monthly expenses ,exactly as in your brilliant video my debt is £1500 another 50k stat barred 12 years now they offered me a settlement figure £700 seeing your video i will reply £200 end of ,at 70 years old what can they do i continue with a quid a month in the meantime ,many thanks to you

@thatgirlrobyn7547 2 жыл бұрын

I have recently received 2 default notices, would it still be possible to set up token payments with the companies? Thank you in advance Oye ✨

@Oye_TheRealDebtGuy Жыл бұрын

Here's the process - www.therealdebtguy.com/articles/token-payment-method-and-debt

@78236931 5 жыл бұрын

Great video bro , what happens a company accept your token payment, but you forgot to pay it for a month?

@Oye_TheRealDebtGuy 5 жыл бұрын

Thanks bro. Don't worry too much you can start the plan again.

@78236931 5 жыл бұрын

Oye Tv Channel I’m on point

@deeszb2896 2 жыл бұрын

What happens if you don't pay a ccj debt after 7 years can you still get a mortgage

@kopynd1 4 жыл бұрын

years ago we had a weekly pay packet, no credit cards , you new what your cash flow was, now monthly pay checks , credit cards, buy now pay later, etc and lots more, when you bought goods years ago they worked, now everything breaks, and cant be repaired, we need to take a step back in time, real men worked in the shipyards, mines, engineering, construction sites, etc now lets go to work and press a button, give me a car that's fixable, why cant everything last as long as stainless steel knives spoons forks,, I could right a book about whats gone wrong

@meitran7796 4 жыл бұрын

Hi , can it apply for business loan ? Please help

@dminusbeats 4 жыл бұрын

Hi Oye, Thank you so much for your videos, I am currently in two minds to start a temp payment plan with my debtors as I dont want to defualt however, it is likely that I will default in a years time once the plan ends. The debt is 55k and it is crippling me. With regards to token payments, they will no doubt default me before moving the debt over right? thank you in advance.

@Oye_TheRealDebtGuy 4 жыл бұрын

You're welcome and that's correct.

@dminusbeats 4 жыл бұрын

Thanks so much mate really appreciate it

@dminusbeats 4 жыл бұрын

And defaults on unsecured debts are better than an IVA right? I’m work in property and don’t want an IVA to affect future employment

@4LP3E 3 жыл бұрын

bro can this apply to council housing arrears?

@hahaha12345678901234 9 ай бұрын

Hi Oye, Can banks and collectors do anything to pursue credit card debt after I have left the country permanently, moved abroad and have no assets left behind ?

@naturalgirl75 5 жыл бұрын

This is very good information. But in the US debt collectors are now taking people to court to collect on unpaid debt so what does one do then?

@Oye_TheRealDebtGuy 5 жыл бұрын

I haven't started looking at US systems fully yet but it's on my list.

@blairfell9769 5 жыл бұрын

naturalgirl75 *Hey guys😄mystery_hacker79 on Instagram he’s an expert💯*

@user-zt4tp4wk3e 8 ай бұрын

Does it affect your credit score or show up on you credit file?

@user-cg6tk8qd1n Жыл бұрын

Hi, can I ask whether you'd recommend using the 3 letter technique on these debt collection companies who have purchased your debt at a low cost? Basically asking them to prove that they have the correct documentation on the original loan (which most do not!) Or is it better to just negotiate a lower settlement figure with them as advised in your video? Many thanks.

@Oye_TheRealDebtGuy Жыл бұрын

Read these two articles: www.therealdebtguy.com/guides/4-methods-used-to-tackle-debt-you-should-avoid www.therealdebtguy.com/articles/token-payment-method-and-debt

@roseannmurray4456 Жыл бұрын

Will this not affect my credit rating?

@kpskingsway4707 10 ай бұрын

@@Oye_TheRealDebtGuy11:40 11:40

@stefanodiromualdo9021 4 жыл бұрын

I have possibly 2 questions: 1) if you have a job why don't they seize your account? or a car seize your car? 2) can they seize your salary before you get it?

@ianhutchings4388 5 жыл бұрын

Great video Oye, your videos are big eye openers. Do you have a email I can contact you on for some advice

@Oye_TheRealDebtGuy 5 жыл бұрын

You can send an email to debthelp@oyetvchannel.com

@thehaffytaffy 3 жыл бұрын

I’m not currently on a token payment plan can this method been done if I’m on a DMP? Can I still offer my creditor an offer to settle the debt?

@Oye_TheRealDebtGuy Жыл бұрын

Read these 2 articles - www.therealdebtguy.com/articles/token-payment-method-and-debt www.therealdebtguy.com/articles/discount-debt-offer-make-sure-the-price-is-right

@RM-lj8bv 11 ай бұрын

Can I negotiate a better interest rate on a credit card I have debt on?

@shaziram1541 3 жыл бұрын

So can this be done with any kind of debt or is this debt specifically limited to credit and store cards ? Can we pay a toke payment to settle other debts too ? Please reply 🙏

@Oye_TheRealDebtGuy Жыл бұрын

This link covers the different types of debt and your options - www.therealdebtguy.com/help/i-need-help-with-debt

@dainteej 4 жыл бұрын

great vid what if they say its a partial settlement ? is it negative on the report?

@Oye_TheRealDebtGuy 4 жыл бұрын

Thanks. It's not as negative as unpaid.

@dainteej 4 жыл бұрын

Mm ok and it’s also better than doing token payments ... btw we need more recent vids I like how clear they are !!

@jackstevens2437 2 жыл бұрын

Please help, how can I give token payments if I have a personal loan on direct debit???

@Oye_TheRealDebtGuy Жыл бұрын

Read this - www.therealdebtguy.com/articles/token-payment-method-and-debt

@mulgetameselab3926 3 жыл бұрын

HELP! But what if am they automatically charge me $40+ monthly. that would add up if am ONLY paying $1 CANADIAN

@shazrahman8556 3 жыл бұрын

Are there long term consequences at the end of this? Say the debt has been written off, will there be a black mark put against your credit file?

@Oye_TheRealDebtGuy Жыл бұрын

This article will help - www.therealdebtguy.com/articles/token-payment-method-and-debt

@tautsector2888 3 жыл бұрын

Good evening, I had a personal loan dated back on 2006, after long time I couldn't make payment so I have been defaulted, now my credit file is clear. I have been chasing for 7k by a debt collection agency. Today I had a letter, they gave me court notice to take me court. The letter they send me with a court reference number for sherif court but doesn't have any court stamp or logo on it. Just sign by solicitors. So Sir Its nearly 15 years I can't even remember how much I have borrowed from bank. So I need your help. Please help me.

@Oye_TheRealDebtGuy Жыл бұрын

Use this link to speak to me directly - www.therealdebtguy.com/join-our-community

@davidjohnson335 3 жыл бұрын

what is the implications of reducing the debt by debtt collector does that affect the credit rate.

@Oye_TheRealDebtGuy Жыл бұрын

Read the near the bottom of this article - www.therealdebtguy.com/articles/token-payment-method-and-debt

@TradeTalkx101 Жыл бұрын

What if you have loan from Barclays and you have a current account with them where you are getting paid. Can you freeze you funds or deduct money from your current account.

@Oye_TheRealDebtGuy Жыл бұрын

Read this article - www.therealdebtguy.com/articles/token-payment-method-and-debt

@kamilc8398 3 жыл бұрын

What happens to any assets you might have when you just keep paying the £1 token?

@Oye_TheRealDebtGuy Жыл бұрын

This article will help answer this - www.therealdebtguy.com/articles/token-payment-method-and-debt

@stevencruickshank1846 5 жыл бұрын

Hello, I have received a letter from a solicitors who are working on behalf of a debt collector asking me if I own the debt. Should I ask for proof from them I do own the debt or is this something you should never admit to? Thanks in advance

@Oye_TheRealDebtGuy 5 жыл бұрын

Watch this video kzfaq.info/get/bejne/j7mHbLmKnLfReZ8.html

@adelebest4740 27 күн бұрын

I’m already paying them zero and sending them stupid prove the debt letters / the only thing I want is the default they put on my credit file removed so I can get credit again / how do I get them to do that ?

@horusx3 10 ай бұрын

How do I contact you to help?

@moses_nemo 5 жыл бұрын

Interesting video bro! I had a hard time understanding exactly what you mean by the bank produces money out of thin air? Do you mean that banks print money? I understand that central banks (basically the bank for banks) may have the ability to print money, but I don't know about highstreet banks. Could you clarify this please?

@Oye_TheRealDebtGuy 5 жыл бұрын

If you take time out and think about how money is created. Look at the digits on your online banking. Just like I have typed these words that you are reading is exactly how money is created. Whether it is high street banks or similar you have to understand that the whole subject of money, creation of money boils down to money is just digits on a computer.

@moses_nemo 5 жыл бұрын

@@Oye_TheRealDebtGuy That's how money allocation is tracked, not how it's created. If you imagine having your own bank and online banking system, how would you keep track of how much money belongs to whom? I don't see how you expect a bank to manage their funds any other way, its actually very organised. I understand there is juju that goes on in the sense that they may only have x amount in storage and allocate 2x to customers but this is with the assumption that when you keep your money with the bank, you don't spend it. From my understanding, basically a bank works by leveraging the money you are not currently using and reallocating it to people who currently need it. Only specific institutions with the right to print are legally allowed to do so... unless I'm missing something. This might be a semantic issue as "printing money" has its own technical financial meaning. Please point me in the right direction for where I need to read up to understand this better.

@Oye_TheRealDebtGuy 5 жыл бұрын

My advice to you is not to concentrate on "where to read" and start thinking logically yourself, trust in your own logical thinking not someone else's thinking. Right now you sound like a banking systems dream. Using terminology like "leveraging the money and relocating it to people who currently need it" does not explain how it got there in the first place which is basically what you are asking. I have already told you how briefly how money is created whether you believe it or not is entirely up to you. Even the Bank Of England will tell you they just punch digits into a computer. What it seems to me is, you want to know is how "your" money is created. If that is the case I am saving that video for another day.

@moses_nemo 5 жыл бұрын

@@Oye_TheRealDebtGuy I'll keep an eye out for that video. Thanks bro

@Oye_TheRealDebtGuy 5 жыл бұрын

You're welcome.

@darrenlewis216 4 жыл бұрын

hello Oye, I am £50000 in debt with four different debtors. I've been making £5 payments for over 4 years now. The debt has been passed around a lot to different companies which made it hard with them always contacting me. My dad has offered to help clear the debt for me as the worry of all this is making me very unwell. What % do you think i should offer them ? Thanks a lot darren

@TomDubiel 3 жыл бұрын

Hi Oye, Can I set a 1£ token payments with debt agency and then leave back to my country for a while and try to work and stand on my feet over there where I could still work from home and accept work from around the world and uk as a freelance video editor while living in my parents house and saving money not paying rent in uk? Or isn’t possible and they will chase me there using local debt agencies?

@Oye_TheRealDebtGuy 3 жыл бұрын

Watch this video kzfaq.info/get/bejne/p9iFqNl33Z3ciHU.html

@tautsector2888 3 жыл бұрын

Hi Oye I had a personal loan year 2006 for £9 thousands pounds to pay back in 6 years time. I have paid for 4 years about £12 thousands pounds. So in 4 years I have paid back about £3 thousands more that what I got After 4 years my circumstances changed so I couldn't effort to make payment. So lender sold it to debt recovery. I made a arrangement with debt recovery pay £5 token payment for untill 2019 and stop. Now last week they send me pursued letters. What do I do now?? Can I defends in court and what chance I have??

@safia9536 3 жыл бұрын

Why would I pay on a debt from a collector?

@Zsilye 4 жыл бұрын

Let's say you negotiated a lower amount for a larger sum of debt, but that lower amount is still unaffordable to be paid in one payment, can you arrange a payment deal for the reduced debt amount?

@angelrose7559 4 жыл бұрын

Text *jameskosta2* on ¡nstagram, for help. He did mine.

@tdecastra126 Ай бұрын

What advice fornthose who you can afford to pay the debt, just, but are struggling to do so, but also dont want to miss payments because of it ruining your credit score?

@Oye_TheRealDebtGuy Ай бұрын

It really depends on the details of your financial situation

@CorleoneAk 4 ай бұрын

How long after taking a loan/credit can I contact the lender and look to start the write offer process?

@CorleoneAk 4 ай бұрын

Eg I took a loan last month but now struggling to pay it?

@RodderickPrinceParker 2 жыл бұрын

Are you Nigerian? If so, how do you deal with the social-emotional affects of personal debt when the common assumption of this is being a failure?

@johnrush7098 Жыл бұрын

how can they give you a loan out of thin air?..I got a loan for £5,000..I withdrew it from my bank, held it in my hand, then spent it on a new car...so how did the bank give me money that doesn't exist ?

@Oye_TheRealDebtGuy Жыл бұрын

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@AbuFatima 3 жыл бұрын

What to do if they ask you about your incoming and outgoing?

@Oye_TheRealDebtGuy 3 жыл бұрын

Watch this video kzfaq.info/get/bejne/r82EdZShvde7qJs.html

@emirah1884 4 жыл бұрын

How many years do you have to be in bad debt repayments before the bank try and sell the debt?

@Oye_TheRealDebtGuy 4 жыл бұрын

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@bretttyson5422 3 жыл бұрын

Is it just as good to do debt management plan through a charity or is it better to do it yourself? No Iva etc just non legal dmp?

@Oye_TheRealDebtGuy 3 жыл бұрын

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@Oye_TheRealDebtGuy 3 жыл бұрын

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@bretttyson5422 3 жыл бұрын

@@Oye_TheRealDebtGuy thanks for that! Quick info you could answer please single mum 3 kids 56k debt currently on a nurse on benefits so working part time and the rest universal credit etc... only have £150 left after all essential costs! Own a flat which I live in with about £60k equity! Should I token payment creditors and avoid StepChange! I live in Scotland. How likely is it for my creditors to get me to sell my house or turn the unsecured debt into secured against my house! Debt was left behind by my partner but it’s in my name not his. Thanks in advance.