Has anybody heard of a pro writer offer?

lisae03

My partner and I have 3 loans and catalouges between us. It had got to the point where we had to choose who to pay each month whilst others creditors had to go without. I've just spoken to one of companies at Beneficial Finance and he took a Financial Statement from me and based on that he gave me a pro writer offer of £15.44 compared with the £90 a month we were struggling to pay. He also said that other creditors should be prepared to do the pro writer offer as there just isn't enough money to go around. It seems to could to be true but if this was right a huge cloud of blackness will be lifted as we have just seen a huge drop in our monthly income. I would really like to advice too on how best to tackle these creditors?

SueMaggie

I think you mean a pro-rata offer.

There's some information on this about half-way down this page -

http://www.insolvencyhelpline.co.uk/debt_basics/managing-debt7.php

lisae03

Thanks, I must have heard it wrong over the phone

I wondered why it was not coming up in the search!

lisae03

Any advice really would be welcomed as I really want to make a start, its pay day tomorrow so I need to get the ball in motion.

jopwo_87

Just make sure its not a fee paying company. Im not sure but think paypal and cccs do it for free... could be wrong though