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Final payment offer
Kimberley
Posts: 14,871 Forumite
What would be a reasonable amount to offer as a final payment for a debt of £1130.00 :beer:
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Unless you have a reason not to, then pay the full amount..unless I'm missing something?0
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I asked to pay £15 per month towards this debt, but they said no twice and have said if not paid in 14 days court proceedings will follow. My brother said he could lend me £500 and i can add to that with my child benefit next week and with a bit of spare cash, the total i can raise is £680
I think i'll write to them and see if they will except that 0 -
It's worth a try.:grouphug: Things can only get better.0
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I intend to offer £600 an £1,100 when I've saved it up. I think anything over 50% is fair.Barclaycard 3800
Nothing to do but hibernate till spring
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Have you had a default notice yet? Usually they are more willing to accept a lump sum if you have already been defaulted, from what I understand.Debt-free in May 2015 with the help of Payplan and MSELightbulb Moment: November 22, 2004 :idea:0
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dollindebt wrote:Have you had a default notice yet? Usually they are more willing to accept a lump sum if you have already been defaulted, from what I understand.
Yes it shows up as defaulted on my credit file
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Yep, offer them a lump sum. Can I ask who the creditor is?Debt-free in May 2015 with the help of Payplan and MSELightbulb Moment: November 22, 2004 :idea:0
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dollindebt wrote:Yep, offer them a lump sum. Can I ask who the creditor is?
Although, that being said, it's a shame that you would have to borrow money to pay them off. Are you not with Payplan or CCCS? Capital One could take you to court to have a CCJ issued against you, but the court would only make you pay what you could afford anyway (£15 a month?). Do you really want to borrow more money?Debt-free in May 2015 with the help of Payplan and MSELightbulb Moment: November 22, 2004 :idea:0 -
dollindebt wrote:Although, that being said, it's a shame that you would have to borrow money to pay them off. Are you not with Payplan or CCCS? Capital One could take you to court to have a CCJ issued against you, but the court would only make you pay what you could afford anyway (£15 a month?). Do you really want to borrow more money?
My brother will let me pay once i'm debt free and only have his money to repay
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