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Debt management with car under finance

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  • Debt management with car under finance

    Hi guys

    i have a car taken out with finance under FCA automotive. I emailed them directly as due to a few issues I’m now struggling with my finances but trying to sort them out.

    They replied saying that the vehicle holds no monetary value to them so I can sell it or part exchange and that the finance basically works the same as any other unsecured loan.

    I’m seriously considering having to go through voluntary debt scheme of some sort (Scotland) does this mean I would be able to include this finance in this?

    Please no unnecessary comments as it’s stressful and hurtful enough.

    many thanks
    Tags: None

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