Can I make a smaller monthly payment or reduce payments?
If you find yourself struggling with your payments or know that there is a situation coming up that could make paying difficult:
- Contact your lender straight away and explain the situation to them.
- Generally, the last thing they want to do is make any situation worse.
- Get in touch with them as early as you can, and they will help you find a solution.
They will discuss the circumstances with you and if possible, they may be able to come to an agreement with you until your circumstances pick up again.
Money problems see: Where can I get advice if I am having money problems?