Over recent months many homeowners have struggled with their mortgage repayments, and whilst some people are struggling with repayments every month, indicating that they need to find a long term solution such as cutting back on other costs or finding a more affordable mortgage deal, others find that they are finding it impossible to meet the mortgage repayment for the odd month or two. Many of those that suffer difficulties with their mortgage repayments on occasion rather than continuously turn to other forms of credit to make the repayment such as an expensive credit card – or in some cases simply allow their account to fall into arrears. (more…)