Tweet
Hi, I am seriously considering applying for a Debt Relief Order.
I have four debts, CCard,FinanceCompany,Credit Union,and Sainsloan, which come to 12,000. In regards to my credit union, Im assumming I will loose any savings I have in my account, what will the CU position be when I want to open another account after DRO has one year completed and my debts would have cleared? May I keep my Santander Account for everday living ect. I will have less than 50.00 left after one month of living expenses. If accepted and DRO is implemented with or without the Santander, re my credit file....Im listed as v.bad credit prospect for six years, but, I have heard on grapevine that it may still be possible to gain finance for a car, with high APR, if so and repayments were made without fault how might this effect my credit file?
Regards,
fonaspin
I have four debts, CCard,FinanceCompany,Credit Union,and Sainsloan, which come to 12,000. In regards to my credit union, Im assumming I will loose any savings I have in my account, what will the CU position be when I want to open another account after DRO has one year completed and my debts would have cleared? May I keep my Santander Account for everday living ect. I will have less than 50.00 left after one month of living expenses. If accepted and DRO is implemented with or without the Santander, re my credit file....Im listed as v.bad credit prospect for six years, but, I have heard on grapevine that it may still be possible to gain finance for a car, with high APR, if so and repayments were made without fault how might this effect my credit file?
Regards,
fonaspin
