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Scottish Trust Deed Forum
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Topic starter
04/12/2016 4:17 pm
Hi I'm in a trusted but would Really like s loan us there aw wat round this????
05/12/2016 9:31 am
Hi rangers1234 and welcome.
Why is it that you'd like a loan?
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
05/12/2016 10:56 am
Whilst it isn't an offence to take credit whilst in a Trust Deed it could cause problems for you as the paperwork you signed may have included an undertaking not to do so.
In any case, any spare income you have has to be paid to your creditors through your Trust Deed. If your trustee saw that you were managing to pay money to a new debt each month then they may insist that you can afford to pay this additional amount to your Trust Deed instead.
Is there a problem that you are trying to sort out by taking on a new loan?
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
05/12/2016 12:26 pm
Hi rangers1234 and welcome to the forum.
Like others have asked, is there a particular reason that you want to take out a loan?
If your finding the Trust Deed a struggle it’s always a good idea to speak with your Trustee about this.
David is not currently posting in the Trust-Deed.co.uk forum
