“Dear Steve,
I have an account with hsbc I could not afford the crazy interest rates they imposed on me So I was paying what I could and they closed my Account, I want to commit to a repayment plan but They refuse to talk! What should I do?
I am a government worker and I’m afraid of losing My security clearance
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How can I make payments on this debt of 11k I can’t afford the whole balance
Steven”
Dear Steven,
The first step would be to contact a trustworthy credit counseling group that can talk to you about putting that on a payment plan that would get you back on track with HSBC.
Click here for credit counseling information. After you talk to the credit counseling group, if the payment they come up with isn’t affordable for you then come back and let me know in the comments below and we’ll look at other options.