Can anyone suggest a way to help me? We are emigrating to Australia. We have paid off everything except one bank loan. Just wondering how to approach this, do I tell the bank we are moving abroad and will resume payments when we get jobs etc before we go? Or move then write to them? I am worried sick about this, we are willing to pay it all back just maybe not at the agreed rate and time period. We have never missed a payment before. What should my letter to the bank say?
Any help on this would be appreciated.
Moving with Debt?interest rate
To keep your good credit standing, I suggest you inform the bank that you are moving elsewhere. They will surely understand why you won%26#039;t be able to pay for a certain period of time. You can negotiate with them your payment means and capacity (when and how much) so you need to get the banking details where you will remit the funds. Also don%26#039;t forget to give them your contact details...
Hope this helps.
Moving with Debt?
loan
Talk with the bank prior to moving this way they know what is going on and they may even put it on hold while you get settled with the interest continuing to accrue during the time you are not paying on the principle.|||There are some articles on how How to Get Out of Debt , How to Stop Debt Collector, Free Credit Card Debt, if you are interest to get further information, you can take a look at http://debt-solution-reduction-relief.bl...|||Hi,
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