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scarface
Joined: 03 Jan 2007
Posts: 1
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 Posted: Wed Jan 03, 2007 12:15 pm Post subject: lied about earnings |
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hi,
im in a bit of a mess! I have lied about how much i earn to get more credit. I can't however pay this money back and am in quite a bit of debt!
Like what should i do?
appreciate some advice |
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David
ClearDebt Advisor
Joined: 05 Jan 2007
Posts: 5
Location: Manchester, UK
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| Posted: Fri Jan 05, 2007 10:32 am Post subject: LIED ABOUT EARNINGS |
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Depending on your financial situation and possibility of making some effort to repay some percentage (over 25%) of what you owe an IVA might be a possibility.
Otherwise take the bullet explain the facts to your lender and offer to start to re-pay what you can afford.
Honesty in the long run always pays |
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