Question

Unsure what to do. I left Belfast 6 months ago and I took out a loan right before I left, and now I live in Wales and don’t have a job, so I cannot pay the loan. The loan was for £1,000. I am unsure what to do.

Answer

Hi,

Have you spoke to the bank or lender about your situation? That is going to be a good starting point.

I would assume you were working when you received the loan, you may need to explain the basis of the move, and why now you cannot make payments.

Do you think you will be working soon? Do you have any other bills or debts?

If you can give me a bit more information and details, I can help you look at options and outline a plan as to what you may want to do.

Regards,

Jon

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