F&F - Good but good enough?

sportbeth

I have been battling with Capital one regarding my former account with them that lapsed when my last employer landed me in the brown stuff having not paid me.

The balance stood at £200 on the account, the charges after it lapsed took the balance to £685, yes, that's £485 of charges for being in difficulties!

I corresponded with them for yonks saying they could have the £200 and I admitted total liability for that amount, but I got trapped into denials of letters and phone calls (I was stupid, I didn't send them recorded!)

It's now been passed onto Legal and Trade collections, I've got a seemingly understanding DC corresponding with me and after I offered them £200 f&F, they have come back and said they will accept £315.

Is that the best offer I will get seeing as it's the first? I would happily offer £250 and cut my losses and run, but will they stick at £315?

Any help and advice appreciated as I've not done one of these before!

Robert_Sterling_3

Having regard to all the circumstances this looks a satisfactory compromise amount to me.
Get in in writing that such a payment will be F&F settlement and then pay up.

mattp_3

I would just settle at that - seems reasonable
but definitely get it in writing before you send the money otherwise you wont have a leg to stand on when they ask you for the remainder.