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What should we do?

Answered 7 months 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
7 months 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