What if my creditors won’t accept the reduced payment?
Make your payment anyway. Whatever amount you send, by law your creditors have to accept the payment and credit it to your account.
How do I make a smaller payment to my debt?
The best way to make a reduced payment is to set up a standing order using your creditors account details, send them a postal order or if you get a payment slip from them you can use this.
Will my creditors stop my interest and charges?
Some creditors may agree to stop the interest and charges. But, they’re under no obligation to do this and may decide to continue adding them.