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DLC Full & Final Payment advice pls

Mizz_Pink
Posts: 756 Forumite
Hi,
We are will be in a position to offer a full & final settlement figure to Direct & Legal Collections. They have taken over an old Co-op Loan that h2b had years ago. He has been paying back £150 a month, interest free and now with our remortage imminent we can clear the balance.
We think his latest balance will be about £1700, but has its interest free h2b thinks they may not accept a full & final.
What does everyone else think ?
DLC have been phoning every week since he told them he will be able to clear the balance soon. I think he should offer less. DLC also told him its not their decision to accept less and that he should contact Co-op.
Anyone else dealt with DLC ?
We are will be in a position to offer a full & final settlement figure to Direct & Legal Collections. They have taken over an old Co-op Loan that h2b had years ago. He has been paying back £150 a month, interest free and now with our remortage imminent we can clear the balance.
We think his latest balance will be about £1700, but has its interest free h2b thinks they may not accept a full & final.
What does everyone else think ?
DLC have been phoning every week since he told them he will be able to clear the balance soon. I think he should offer less. DLC also told him its not their decision to accept less and that he should contact Co-op.
Anyone else dealt with DLC ?
Just owe Dad £2500 for a new car
:A
Paid off car loan 22nd August 2009. :T
:A
Paid off car loan 22nd August 2009. :T
0
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