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Postal Orders

I am about to send letters off to our creditors offering token payments until such a time that we hope we'll be able to offer full and finals (next couple of months fingers crossed).
What's the argument for sending postal orders over handing over the £2 at each bank as I usually do when making credit card payments? Or isn't there one? :confused:

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Postal orders are sometimes best if there is a disputed credit agreement or something like that.

    Basically, you don't want the creditor (or especially debt collector) to get hold of your signature.;)

    Otherwise, it's not an issue.

    If this is not related directly to an IVA (a form of insolvency) then you may be better asking questions on the main Debt-Free Wannabe board.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • Thanks fermi, I did intend it to go on the main board but must have had a mind diversion...
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