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if I make an arrangement with one credit company do our other creditors find out

1 reply

brightside13 · 30/09/2013 11:04

We have a number of credit cards and we are thinking of debt management. We are thinking to make arrangements with one or two of the company's direct but we are worried that if we make any arrangements with one credit card company will the others close our cards??

As we require one of them for work expenses.

Thanks very much for any responses.

OP posts:
Rockchick1984 · 30/09/2013 11:16

Generally to come to an arrangement with a creditor they will want to see your income and expenditure, and they wouldn't agree to any arrangements if other creditors were still being paid fully but they weren't (understandably!)

Is the one for work expenses repaid in full every month? If so then you may be able to work around it.

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