Where can you get 5000 pounds without having to pay it back,Im cracking up?
No magic answer here I’m afraid or I’d be doing it too! The best solution is to go to your bank and see if they can arrange a personal loan for you. You will have to pay it back but hopefully they will be able to offer it at a lower interest rate than your credit card and spread the payments over a longer term to make them more affordable to you. You can write to your credit card company also explaining your situation and ask for them to remove the portion of your debt that is interest – it is in their ability to use their discretion to do this. You should explain that the interest is using every viable last penny you have every month and it is still incurring interest and that stopping the interest is in their best interest if they ever want you to pay off the account. Some people would argue that they don’t want you to pay it off because they make more money out of you this way but in my experience if you talk to your lenders and try to arrange a repayment schedule they will go out o
