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Asking for payment holiday on car loan - will they give it to me?

0 replies

Pinkerpellosa · 25/03/2020 09:55

I know I won't know until I ask but I hate making these phone calls so I'd like to know what way it's likely to go so I can be prepared.

My car loan is over 3 years from April or May. I'm (almost) one year in, never missed a payment.

With CV I'm down to half wages. Suspending the car loan for a while would be super helpful. I'm sure everyone else is thinking the same way though. Are they likely to grant me a payment holiday / reduction in payment?

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