I
irishboy2011
Guest
Hey guys just looking for a bit of advice n help .
We have a bank loan of 30,000 and a CC of 12,000 before anyone says any thing I know this isn't good . But no mortgage thank god . The deubt built up over the last few years years nothing lavis at all or any thing just day to day living and bad budgeting.
My wife has lost her job and moved back to her home country with our little one and managed to get setup there including a job . Which is keeping them going there .
I'm on my way soon but afraid what happens when I give up my job to move . Means that only one of us will be working for a while and won't be able to pay off all the bills on one wage.
I went into our bank manager today to have a talk about what I might be able to do . I explained my situation and asked if there was any way the loan could be put on hold for a few months until I got on my feet in the new country and have two wages and could start paying off again. Or if could pay off only the interest for a while.
She told me that the bank couldn't do this . That the only thing I could really do was to apply for a new loan for the amount on a fixed term and I might not even get that becasue the bank don't like lending to poeple who are leaving the country .
I asked if there was any thing else I could do to make sure we don't run into arrears and she said no . We would just have to pay off the loan some how . I'm not trying to run away from my responsibilities but they are giving me no options at all .
I don't even know where to start with MBNA as to what I could arrange to pay off the CC . As just paying off the interest the last while and it'll take me a 100 years to pay that all off .
I want to pay off all my deubts as we ran them up but don't want them to destroy us in the other country before we even started .
Anyone with any advice would be great .
Hope I have this in the right place
We have a bank loan of 30,000 and a CC of 12,000 before anyone says any thing I know this isn't good . But no mortgage thank god . The deubt built up over the last few years years nothing lavis at all or any thing just day to day living and bad budgeting.
My wife has lost her job and moved back to her home country with our little one and managed to get setup there including a job . Which is keeping them going there .
I'm on my way soon but afraid what happens when I give up my job to move . Means that only one of us will be working for a while and won't be able to pay off all the bills on one wage.
I went into our bank manager today to have a talk about what I might be able to do . I explained my situation and asked if there was any way the loan could be put on hold for a few months until I got on my feet in the new country and have two wages and could start paying off again. Or if could pay off only the interest for a while.
She told me that the bank couldn't do this . That the only thing I could really do was to apply for a new loan for the amount on a fixed term and I might not even get that becasue the bank don't like lending to poeple who are leaving the country .
I asked if there was any thing else I could do to make sure we don't run into arrears and she said no . We would just have to pay off the loan some how . I'm not trying to run away from my responsibilities but they are giving me no options at all .
I don't even know where to start with MBNA as to what I could arrange to pay off the CC . As just paying off the interest the last while and it'll take me a 100 years to pay that all off .
I want to pay off all my deubts as we ran them up but don't want them to destroy us in the other country before we even started .
Anyone with any advice would be great .
Hope I have this in the right place