Financial difficulties may seem insurmountable if it is also necessary to repay the loan debt. You cannot refuse payments, since you can lose quite a lot. There are different ways to solve the problem.
Instructions
Step 1
First of all, contact the bank and take a certificate of each payment made. You need to know the payment date, amount and description (for what exactly the money was deposited). Such a certificate can be obtained on the same day. If the bank refused to issue a certificate on the day of application, write an application that the bank will consider in a few days. In case it is necessary to write the above statement, ask for a copy of your statement. Official paper always plays an important role.
Step 2
When the information is received, make another application for debt restructuring, in other words - with a request for a vacation on a loan. Be sure to describe the situation in detail and inform that you will not refuse further payments. You shouldn't give up fines either. As a rule, banks are more understanding about bona fide customers, even when such situations arise.
Step 3
Consult with a lawyer and file an application with the bank to revoke your permission to use the bank's personal information, as this action will stop the bank from transferring data to the collection agency. The main thing to remember at all times is to collect copies of absolutely all documents. Carefully re-read the loan agreement, as some banks initially prescribe in small print a clause prohibiting the withdrawal of consent to the processing and transfer of a given client. If such a clause is in the contract, the above statement will not make sense. In such a situation, legal advice will be especially necessary.
Step 4
You can find another way out - pay in small amounts, the main thing is that payments are made on time. Such a knight's move will prevent the bank from identifying you as a client with a bad credit history. If you cannot pay even in small amounts, send a letter to the bank every month, in which be sure to indicate the possible options for resolving the current situation. It is this step that will help form the image of a conscientious borrower. This image can play a big role if you have to sue. In most cases, bank inspectors are accommodating. You should not refuse to negotiate with them, since there are a fairly large number of cases when it was possible to negotiate with inspectors and the security service quickly enough.
Step 5
Contact another bank to refinance your debt.
