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What should we do?
Answered 3 years ago
My hubby had a personal loan before we met and stopped paying it 7 years ago.
It was $4,800 now its $23,987 and incuring $36 a day interest. We are fiancally struggling as it is. What can we do? They keep calling and we just cant afford it
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ANSWER
3 years ago
Start reconciliation to halt the interest and negotiate a lower amount. If it’s with debt collectors then they will do this. You can then make a payment plan and pay it off