Full and final settlement help thread

David2Prit

Woohoo!

Managed to settle an account of £658.61 for £65.86 = 90% F&F.

All paid today, and account already showing as closed.

System

David2Prit wrote: »

Woohoo!

Managed to settle an account of £658.61 for £65.86 = 90% F&F.

All paid today, and account already showing as closed.

Ooh well done. Which creditor was it? Had you just been paying token payments? I am currently waiting to hear back about some 10% offers.

David2Prit

ploppy57 wrote: »

Ooh well done. Which creditor was it? Had you just been paying token payments? I am currently waiting to hear back about some 10% offers.

Was Lowell. Aye was paying £1 for last two years. Wrote to them at Xmas saying I had gotten some extra money (£50 from family for Xmas) and offered them 10%.
Letter came through today accepting that, so rang, paid, and have confirmation that account will be partially satisfied within 50 days.

Happy enough with that result.

System

David2Prit wrote: »

Was Lowell. Aye was paying £1 for last two years. Wrote to them at Xmas saying I had gotten some extra money (£50 from family for Xmas) and offered them 10%.
Letter came through today accepting that, so rang, paid, and have confirmation that account will be partially satisfied within 50 days.

Happy enough with that result.

I settled one with them last year, they are very good at accepting F&F offers by the sound of it, although I didn't quite get such a good deal as you. We have now been paying £1 on a lot of ours, so hoping to get some more settled soon.

David2Prit

ploppy57 wrote: »

I settled one with them last year, they are very good at accepting F&F offers by the sound of it, although I didn't quite get such a good deal as you. We have now been paying £1 on a lot of ours, so hoping to get some more settled soon.

Aye I have a few more with them that I’m paying £1 towards. Lady on phone said to give it a couple of months then send in some more letters if I could afford it.
As DCA go, they don’t seem too bad haha.

System

David2Prit wrote: »

Aye I have a few more with them that I’m paying £1 towards. Lady on phone said to give it a couple of months then send in some more letters if I could afford it.
As DCA go, they don’t seem too bad haha.

Yes, unfortunately we only had the one with them...L*nk are the one I am finding the most difficult. But we keep plodding on...lol

David2Prit

Although not F&F I have an account I’ve been keeping my eye on for last two years since I decided to get act together. Last payment to them was in Jan 2013, so get through this month and statute barred. Been checking and no court proceedings have come forward or anything. So literally sit on hands and wait. That’s for £4600. That’ll be nice knowing that has gone.

System

David2Prit wrote: »

Although not F&F I have an account I’ve been keeping my eye on for last two years since I decided to get act together. Last payment to them was in Jan 2013, so get through this month and statute barred. Been checking and no court proceedings have come forward or anything. So literally sit on hands and wait. That’s for £4600. That’ll be nice knowing that has gone.

Wow, excellent. Did they say it was UE then? Is that why you stopped paying?

David2Prit

ploppy57 wrote: »

Wow, excellent. Did they say it was UE then? Is that why you stopped paying?

Nope stopped paying when It all got on top and withdrew from everything, and when all other creditors started contacting me they didn’t. So I started paying other creditors and sorting them out as they were the ones bugging me at that time. They’ve just never contacted me.... so I haven’t bothered to chase them, that’s not my job haha.

System

David2Prit wrote: »

Nope stopped paying when It all got on top and withdrew from everything, and when all other creditors started contacting me they didn’t. So I started paying other creditors and sorting them out as they were the ones bugging me at that time. They’ve just never contacted me.... so I haven’t bothered to chase them, that’s not my job haha.

Wow, you slipped through the net well there, didn't you. Well done.:T