What if I cannot repay my debt?
- You should act early in the event that you cannot repay your debt. This is regardless of the size of the debt. If you ignore the problem if can make things more difficult to resolve in the longer term.
- Try to pay whatever you can afford even if it is not the entire repayment amount.
- Contact the credit provider to discuss what options are available to you.
- You can apply to the credit provider for a financial hardship variation.
- You can also use our free and anonymous Ask a Lawyer service if you have a particular issue you want to know more about.
Read some more FAQS from our Banking & Finance section