Im a student and I owe quite a bit of money. Its really getting stupid now how this has escalated. I know its not something you should do but can I open another student account? I had an overdraft of £500 and thats gone so should I ask them to extend it?? would they?
Answer1:If you are struggling to pay what you have now I would not borrow anymore. Try and get a part time job or something and earn the money so you can pay your debt back and have money to spend that you need.
Answer2:It should not affect your credit score if you approach your creditors and ask them to revise your payment for a while, you need to check that they will not be registering the note on file first though.Without knowing your personal income/expenditure it would impossible to give you a valuable judgement as to whether you should get another loan. My advice is try and avoid this and be prepared to get turned down; the credit is not flowing at the moment.See about lowering your living costs and reviewing your work.Good luck with studies.h2h :)K
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