We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Settlement fees were valid cca in place

Hi all

I thought I'd better ask this question as I may need to apply it now, so sorry if it has been asked before.

I currently have short term payment plans in place with various card companies some of which have produced valid CCA's. Soon these will come to an end and unless I can negotiate a further plan they will send in the boys to collect the debt.

When the boys come to collect the debt, what I would like to know is if others have made offers to clear the debt as a final settlement fee, if yes how much comparable against the debt and who with?

Like I said this will soon apply so I would like to be prepared as if I can plan this carefully I could soon clear several things.

Thanks in advance

Putty
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
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.