What is Financial Hardship?
At Newcastle Permanent we understand that sometimes, life doesn’t always go as planned and you can find yourself experiencing difficult or challenging circumstances which may affect your ability to keep on top of your loan and/or credit card repayments.
Events that may contribute to financial difficulty include:
- Unemployment / redundancy
- Reduction of income (employed/self-employed/investments)
- Injury and/or illness
- Relationship breakdown
- Over commitment
- Natural Disaster
- Other (e.g. court matters, needing time to sell a property).