Hello Every one,
The next few months I will sadly have no choice but to go into arrears. I currently had to make a strategic choice to go back and get re-skilled and in turn will open a lot more options and get better cash flow in. I have never missed a payment and I have since talked with my financial institution to see whether they would facilitate me with the next 2 academic year's.
I have since been to mabbs for advice and have drawn up an offer letter stating my offer, but unfortunately (bank) they turned it down. I'am 28 so still relatively young and my mortgage is not huge therefore after my study i could start to pay the full capital amounts. But the banks haven't favoured my plan and I do appreciate they must start to run it like a business with more a ethical approach.
so this were I am at
so I have made an offer and they rejected this, so I have since written and asked for them to reconsider my offer, and if not I can only make the offered amount.
I have communicated with them months ago informing them about my circumstance and explained in detail all my financial details
please any one with good sound advice,
Cheers Buddy