Parents have debts, what to do?
Hello, my parents took out a five-digit personal loan. However, without my father's knowledge, my mother didn't pay the installments for four months. Now we've received a letter about the loan being terminated. We also have to pay a five-digit amount by a certain date.
What can my parents do now? Do you think they could talk to the bank and agree to pay in installments again?
Do you have any other tips?
Why are you interfering? Your parents are old enough and can straighten it.
Sometimes the banks can continue to pay a rate if the missing amount has been paid in one blow.
I just want tips on what to do to share with my parents.
Some children are more sensible than parents…
Your parents have to deal with the bank now.
If the loan has been cancelled, it will rarely be admitted to a rate payment at the place – that would be to settle with the debt collection company, which will then arise (if you cannot pay by the deadline).
How exactly did it happen that it was not paid? What happens to the previous warnings?
In any case, the conversation with the bank leads. Maybe it can be paid for a further installment – but surely only if the late amount is paid immediately.
But this is of course your parents’ business – not yours.
“we” or the parents? 😀
Your parents should know what to do as adult people, and you should stand out.
The easiest thing would be to repay the outstanding rates.
In addition, it is necessary to ensure that the Commission is able to take the necessary measures.
Request P account.
There was a warning. Talking to the bank is certainly correct and important.
to talk to the bank for the purpose of bank payment has not yet worked out, why should the bank re-enter it? Why didn’t your mother pay and why didn’t your father control the payments? Your parents need a lot of persuasive power at the bank to get around.
Repay credit. the parents abused confidence. Record another loan to stuff the other hole. a cycle.
Your parents are old enough, you shouldn’t interfere.
They’re trying to find a solution and I want to help them. I just want to know what to do to suggest that.
The only thing you can do is to comply with the letter and pay.
If I read the story so, the parents are by far not old enough….
Then we’ll be fed in the end.
And if the money isn’t there?
If the loan has already been announced, the child has fallen into the well. What could your parents offer the bank?