📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

F&F template letter?

Hello

Can anyone tell me if there is a template letter I can send off to ask for a full and final settlement?

Also if anyone has any info about this ie what to make sure I include in the letter, I would be very grateful.

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    Hi Kelly

    A factsheet and sample letter can be found here
    http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=24_full_and_final_settlement_offers

    I would also advise you amend the letter to give a deadline to them accepting your offer (maybe give a date say 2 weeks after the date of your letter) and saying you will make an offer to another creditor instead if they don't accept your offer.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    http://forums.moneysavingexpert.com/showpost.html?p=25205349&postcount=11

    Might also be worth mentioning that the amount offerred is taking into account unlawful charges and point out how long it would take to pay off the debt and the amount offerred if they didn't accept the offer.

    As Tixy says, state that the funds are only available for a limited time and are coming from a 3rd party.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.