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What options are availble on my finance

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smrcubby | 15:18 Thu 21st Jun 2007 | Personal Finance
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Help! I have a car and motorbike on finance and unfortunately finances have changed and I can no longer afford to pay for them (partners left!).

What are my options?? I still need to have a car but probably a cheaper one.

Both finances still got 3 to 4 years left.
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It is best to contact the finance companies as soon as possible to discuss your options, you cannot simply sell the vehicles while still financed without their permission. Was the finanace in joint names? This will make a difference to the liability for the debt.

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