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Factsheet: Negotiating with Creditors: What happens when I can't pay?

Date published

This factsheet looks at ways to negotiate with your creditor if you can't afford your repayments or to pay off your debt in one lump sum

  • Payment by instalments
  • Postponement of payments
  • A reduced lump sum
  • Writing off the debt
  • Variations to loans under the National Credit Code
  • Consolidated loans 
  • Pro rata payments 
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Factsheet: Negotiating with Creditors: What happens when I can't pay? (217.44 KB)

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