Rugby77 Posted August 28, 2013 Share Posted August 28, 2013 Hi, I recently maxed out my credit card to buy a car online. since then, the car has a major fault and have lost my job. I am here on a 417 WHV and want to fly back to the uk . I cannot afford to pay the credit card , and before you awnser this thread, i do not make it wright at all. But i am very short of options. The card is for 4K AUS. Please can someone tell me would it affect my credit rating in the uk and would they try to catch me in the uk? Thanks Rugs:no: Quote Link to comment Share on other sites More sharing options...
Parley Posted August 28, 2013 Share Posted August 28, 2013 Is there any reason why you can't keep up the payments from the UK ? Quote Link to comment Share on other sites More sharing options...
Counting Stars Posted August 28, 2013 Share Posted August 28, 2013 Ring them and explain what has happened and ask for a break in payments (or ask to pay a very small gesture amount per month) until you return to the UK and get a job and continue to pay them. Make an agreement with them, don't just ignore it, it will make things worse xx Quote Link to comment Share on other sites More sharing options...
legoman Posted August 28, 2013 Share Posted August 28, 2013 Will not affect your credit rating in the UK at all, but as you say its not right but thats the way things go. you will have a bad rate here for 7 years if you plan to return. Had some bad luck there Rugby77 Quote Link to comment Share on other sites More sharing options...
Quoll Posted August 28, 2013 Share Posted August 28, 2013 Call them and explain - or, if you aren't sure how to go about it, check in with one of the free financial counseling services and they can help you through the process then pay it off when you get back to UK and have a job. Quote Link to comment Share on other sites More sharing options...
blossom Posted August 28, 2013 Share Posted August 28, 2013 I'm shocked they even gave you a credit card on that visa to be honest. Quote Link to comment Share on other sites More sharing options...
Rugby77 Posted August 28, 2013 Author Share Posted August 28, 2013 Thanks all of you for the quick reply . I was living beyond my means. I think i am going to borrow some money from the UK, pay what i can, then carry on my life. Bye Bye Oz :cry: Quote Link to comment Share on other sites More sharing options...
legoman Posted August 28, 2013 Share Posted August 28, 2013 pay it off if you can, be a bummer if you want to return and this prevents you from doing so. Its not really such a huge mount to clear once you are working and begin to clear. Quote Link to comment Share on other sites More sharing options...
MovingtoTasmania Posted August 28, 2013 Share Posted August 28, 2013 Hi, I recently maxed out my credit card to buy a car online. since then, the car has a major fault and have lost my job. I am here on a 417 WHV and want to fly back to the uk . I cannot afford to pay the credit card , and before you awnser this thread, i do not make it wright at all. But i am very short of options. The card is for 4K AUS. Please can someone tell me would it affect my credit rating in the uk and would they try to catch me in the uk? Thanks Rugs:no: A quick google search shows that trying to chase someone for money once they've left the country is very difficult as apparently even Court Judgements aren't enforceable overseas without going to the Court in that country and mostly, Courts don't seem to uphold civil debts from another country. The pertinent word in that sentence being mostly. I'm a bit baffled as to why you bought a car whilst on a WHV but that's life and you live and learn. If you genuinely can't afford to pay once you get back to the UK, then you have to just hope that it doesn't come and bite you in the bottom at a later date but it's never advisable to skip out without paying your debts as these things have a way of coming back to haunt you, especially if you later on try to go back to Australia as I don't know for 100% certainty that DIAC won't check your credit later as part of a character check and you don't know that either. Either way, good luck with things and I hope things get better for you my dear x Quote Link to comment Share on other sites More sharing options...
blossom Posted August 28, 2013 Share Posted August 28, 2013 I bought a car when I was on a whv. Drove around most of oz before it gave up. Although I earned the money and then bought it, but it is not unusual, especially as a whv can be for two years now. I wouldn't want to be without a car for two days!! Quote Link to comment Share on other sites More sharing options...
MovingtoTasmania Posted August 28, 2013 Share Posted August 28, 2013 Yes, I can understand that, but I suppose I look at how quickly a car depreciates and I wouldn't do that simply because of that lol. Too miserly :wink: Quote Link to comment Share on other sites More sharing options...
Rugby77 Posted August 28, 2013 Author Share Posted August 28, 2013 Thanks so much movingto tasmania. I was flying 2 months ago, and it was advertised cheap online. obviously cheap for a reason. i planned on staying alot longer, but its very hard when your in debt on the other side of the world. Rugs77 Quote Link to comment Share on other sites More sharing options...
Que Sera Sera Posted August 28, 2013 Share Posted August 28, 2013 I think it's very wrong for banks to give any form of credit to WHV holders with the sporadic work and likelihood of them leaving the country that's madness. Quote Link to comment Share on other sites More sharing options...
Parley Posted August 28, 2013 Share Posted August 28, 2013 I think it's very wrong for banks to give any form of credit to WHV holders with the sporadic work and likelihood of them leaving the country that's madness. well banks are in the business of lending money. The borrower has a responsibility too to be sure they can afford the loan, bearing in mind possible future changes of circumstances. Quote Link to comment Share on other sites More sharing options...
flag of convenience Posted August 28, 2013 Share Posted August 28, 2013 I'm shocked they even gave you a credit card on that visa to be honest. The lack of looking at the suitability of clients by credit companies is nothing short of astonishing. They bring it on themselves in their greed if you like. I have known folk to max out cards knowing they could not pay back nor caring just prior to going bankrupt. OP has little to concern about if leaving country. Quote Link to comment Share on other sites More sharing options...
flag of convenience Posted August 28, 2013 Share Posted August 28, 2013 well banks are in the business of lending money.The borrower has a responsibility too to be sure they can afford the loan, bearing in mind possible future changes of circumstances. Banks are or should be in the business of protecting their assets. Sadly for the rest of us as has been seen this is far from always the case. Banks are confident of bailouts (to big to fail) and as such accountability is sometimes in question. Most business could not take such risks. Quote Link to comment Share on other sites More sharing options...
Parley Posted August 28, 2013 Share Posted August 28, 2013 Just annoys me this attitude of its not my fault its always someone elses fault. The bank doesn't force you to take a loan. You want it, you approach the bank. Make sure you can afford it. Quote Link to comment Share on other sites More sharing options...
Guest Guest16631 Posted August 28, 2013 Share Posted August 28, 2013 (edited) Just annoys me this attitude of its not my fault its always someone elses fault. The bank doesn't force you to take a loan. You want it, you approach the bank. Make sure you can afford it. .........but sometimes it is someone else's fault..... .........your boss for you losing your job... ..........or yes yours .....for becoming ill and unable to work.... .........we cannot see into the future..... .........and can only hope we will always be able to pay back the loan...... .......I am sure those who loose houses....cars....even dignity and having unpaid bills..... .........would rather not be in that position........ime.....and IMO.......tink x Edited August 28, 2013 by Guest16631 Spelling.... Quote Link to comment Share on other sites More sharing options...
Que Sera Sera Posted August 28, 2013 Share Posted August 28, 2013 Absolutely agree Tink, the stress and fear of trying to pay back debt is not something I would wish on anyone ever. Quote Link to comment Share on other sites More sharing options...
Britpop Posted August 28, 2013 Share Posted August 28, 2013 I would look at the legalities of the sale of the car depending on how recent it is and see if the credit card have insurance like you would on both counts In the UK. How long ago did you buy the car and is the problem inherent and not caused by you, could be foreseen? If Aus doesn't have the same consumer law as the UK then sell the car for whatever you can get for it and continue to make the minimum payments until in a position to pay back more. That way, what £40 a month will save you from any potential legal action, never being able to return to Aus and potentially not being able to get credit in the future. if 5yrs down the line you can't get a mortgage with your wife and kids because you got a car and ran out on a bill in Australia you'll be mighty p'd off! Not worth the risk I say. Tempting as it may be, for £2.5k minus whatever you can get for the car, over how ever long a payment period, it's not worth it. Quote Link to comment Share on other sites More sharing options...
jen85 Posted August 29, 2013 Share Posted August 29, 2013 Not a good idea just to run from it, I would call the bank (they can work out a payment plan) and then you can return to the uk and continue paying once you have a job. Quote Link to comment Share on other sites More sharing options...
Guest Guest26012 Posted August 29, 2013 Share Posted August 29, 2013 Do what you can mate! I won't judge, not in your position? Quote Link to comment Share on other sites More sharing options...
fourcorners Posted August 29, 2013 Share Posted August 29, 2013 If you've used a credit card to buy the car then I assume you have bought it from a dealer? Check if there is a warranty associated with the car - the garage that sold it to you may be able to help you fix it (if it's fixable). Our first car in Oz had a major radiator fault the week after we bought it. The garage paid for half the repair work. Quote Link to comment Share on other sites More sharing options...
jen85 Posted August 29, 2013 Share Posted August 29, 2013 If you've used a credit card to buy the car then I assume you have bought it from a dealer? Check if there is a warranty associated with the car - the garage that sold it to you may be able to help you fix it (if it's fixable). Our first car in Oz had a major radiator fault the week after we bought it. The garage paid for half the repair work. Very good point actually if you bought from a dealer you are protected by the consumer laws to a certain extent, I'd call Legal/Consumer Aid for advice its free after all! Quote Link to comment Share on other sites More sharing options...
Wooky Posted August 29, 2013 Share Posted August 29, 2013 Dump it and forget it. The amount they charge in interest on cards should be illegal anyway. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.