CCCS Query

gargrave50

Agree with pippilala thats the one I would recommend.:)

gargrave50

Sorry debtmuncher, CCCS can't be seen to have you prioritising one creditor over another. If you have £100 available then it needs to be spread pro rata amongst your creditors as long as you don't have priority arrears e.g. council tax, mortgage

debtmuncher

gargrave50 wrote: »

Sorry debtmuncher, CCCS can't be seen to have you prioritising one creditor over another. If you have £100 available then it needs to be spread pro rata amongst your creditors as long as you don't have priority arrears e.g. council tax, mortgage

thats a shame oh well, might just set up a savings account and put additional funds into that.

gargrave50

Are you meaning as a F&F offer? Sorry think I misunderstood will post a template in a sec.

gargrave50

The Loan Company
Company House,
Church Street,
Newtown,
Kent,
R1 7HG


WITHOUT PREJUDICE:

Dear Sir/Madam

Account No: 4563210025897412

We write with reference to the money which you are claiming on the above account.
We can confirm that we are unable to offer to pay the money which we owe in full .

However, we can raise £xxx and we want to offer this as an ex-gratia payment in full and final settlement of the account. This offer is made on the clear understanding that, if accepted, neither you nor any associate company will take any other action to enforce or pursue this in debt in any way whatsoever and that we will be released from any liability.
We also request that, if accepted, you will make an entry on any credit reference agency file relating to the above account as "satisfied" in full.

Payment can be made within 2 weeks of receiving your written agreement of this offer and method of payment.

We look forward to receiving your reply.

Yours faithfully

AN Other

DevonGirl

debtmuncher wrote: »

thats a shame oh well, might just set up a savings account and put additional funds into that.

Hey debtmuncher!

Just to add another voice to the conversation, if you're talking about 'small amounts' like £100 (although believe me, with £19 and 2 weeks until payday, that seems like a fortune to me at the moment! ), you might find it better to open up an IVA or other savings accounts as, despite the DMP covering 'all living costs', we all know that in reality things crop up from time to time (eg car repairs, boiler breakdown, forgotten birthday present etc etc). In addition, maybe I haven't quite embraced the debt free wannabe livestyle yet, but it's nice to have a little treat once in a while without worrying if you can afford it from your wretched budget!!

For example, I've mananged to squirrel away just under £100 at the moment, and have now been invited to go to a theme park, so this is ideal - no way I could afford it sticking strictly to my budget, and I doubt my creditors would approve, but I know I can have a day out and enjoy myself without having to be worrying about money for once..

Maybe try this for 12 months. If you need the money for an emergency or treats then it's there. If no emergency comes and you've been really strict about treats, then you've got a sizeable amount for extra payments or F&F!

That's just my view on it anyway
Hope this helps!
DG

debtmuncher

it does help.ta..since easter till july we managed to save about half of my earnings to pay for holiday spending. we can save and its good seeing the money in hte account so going back to the arrangement again this month. really need to be strict with the food budget! too slack imo!:D need to do meal planners and a online shopping delivery every week!

DevonGirl

We are obvious singing from the same hymn sheet, DM! I'm finding it really hard to stop all those £15 trips to tescos to pick up bits and bobs! You're right - meal planners and online shopping are the way forward!
DG

debtmuncher

the local shop is a killer...ten pounds can be spent on "nothing" :huh:

just need to be more firm if i do the online shopping i shouldnt really need to be spending on stuff at the local shop!

gargrave50

Sorry guys you simply can't afford this, and if you can you should be paying more to your creditors. You need a spending diary and meal planning as above.