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Not much success with debt managers f and f, need some help!
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Just to mention here that I discussed F&F with a DMP advisor at CCCS who said that, in her experience, F&Fs below 70% weren't being accepted at the moment by many creditors. She was right as well, because Citibank wouldn't accept a penny less than 70%, and HSBC wouldn't play ball at all but again, she said that was quite usual for HSBC.
That's just her opinion/experience, (please don't shoot the messenger if you've had a different experience
) but thought I'd pass it on. LBM - March 2009, DMP Start - April 2009
DMP Mutual Support Thread Member 297
(Don't forget to click on 'Thanks'! Thanks!)0 -
Great - thanks for the update - its usefull to have some intel. on what the enemy are upto !As Martin says - please be nice - there is no such thing as a stupid question !
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fieryleo1984 wrote: »Hi Everyone, i sent a letter to debt managers last week offering them 650.00 as a full and final settlemt forf £1992.52 debt, tehy have written back saying they will only accept £1394.06. I havent got this amount to offer them. Im on maternity leave so money is tight anyways.
They also write that they wont offer it as full and final.
Where do i go from here?
Thanks Emma
Your money could be better spent in a baby account paying for nappies etc than giving that much to those sharks...
keep paying tiny amounts if they wont play ball..0
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