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How could I resist such an offer?
Me_Myself_2
Posts: 524 Forumite
Friend has agreed a repayment schedule with M&S as part of their DMP and are paying them £50 per month with all interest frozen.
Today they had a lovely letter from them asking if they wanted to change it to a loan @ £5.5% with repayments of £59.18 per month.
This would mean an increase in payments by £9.18 per month and take an additional 6 months to pay it off and end up paying an additional £1180.:rotfl: :rotfl: :rotfl:
The letter went on to say that if she didn't want to take them up on this offer she could continue with the current arrangement.
I've managed to resist up to now.
Today they had a lovely letter from them asking if they wanted to change it to a loan @ £5.5% with repayments of £59.18 per month.
This would mean an increase in payments by £9.18 per month and take an additional 6 months to pay it off and end up paying an additional £1180.:rotfl: :rotfl: :rotfl:
The letter went on to say that if she didn't want to take them up on this offer she could continue with the current arrangement.
I've managed to resist up to now.
:grouphug: Things can only get better.
0
Comments
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Well done! I am sure the temptation was staggering for a while there.....Bank Balance: In the black for the moment.
Sainsburys Loan: Cleared July 2010
Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
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That's scary!Debt at highest May 2006: £27,472.24
currently: £13,353.25DFW Nerd 178Proud to be dealing with my debts0 -
their generosity knows no bounds!!!Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.0
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well done!MFW Newbie - #17. (#116 in 2019)
New Mortgage at Nov 19 - £273 499
Current Balance - £268 225
Want to cut down 26 year mortgage by 9 years!
New MF date 2036 :dance:0 -
What a fantastic offer! DO post their address so that I can write and beg for a similar arrangement!:eek: What if the hokey cokey is what it's all about? :eek:Official "Bring back Mark and Lard NOW! or else (please)" Member 160
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Well you have to admire them, dont you? For their outright cheek.The forest would be very silent if no birds sang except for the birds that sang the best0
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how nice of them
Debit was £64k (light bulb Feb 05)
Debt now 60K Dec 07 DFD= nov2019
"The only time money comes before work is in the dictionary"0 -
How kind of M&S...and I bet it was a lovely letter, like their food and oh yeah, so expensive :rotfl:Back on the DFW Wagon:
CC - £3,300 on 0% til 04/2020
CC - £4,500 on 0% til 02/2019
Loan - £12,063.84 as at 4/1/180 -
"This is not just any stupid letter....this is an M&S we-haven't-got-a-bloody-clue letter...."Bank Balance: In the black for the moment.
Sainsburys Loan: Cleared July 2010
Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
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actualy i got my virgin bill today telling me not to use the card as they have not recived last months payment .....................
and included with the bill was some blanace xfare chqs ????????
err what are thay saying
i realy dont get some of these credit card companiesDebit was £64k (light bulb Feb 05)
Debt now 60K Dec 07 DFD= nov2019"The only time money comes before work is in the dictionary"0
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