In control, paying off. But want the monkey off my back?

Risco

Long story short I owed at one point £30,000 with HSBC via loans and credit cards. I got all the interest and PPI knocked off, I currently stand at just over £7000. I am paying it off at £165 a month, and of course it comes off the balance as there is no interest.

I am doing via MCS ( metropolitan collection services ) which of course is just HSBC in house collection. They are always eager to offer me discounts etc. However I am not in a position to give them a lump sum. I am comfortably managing what I owe.

What I would like to know is whether I should keep paying this off, or is there a way I can get rid of this early without rocking the boat.

david_hellier

Sounds like a good deal here, keep your head down.

Clarie_2

Some people do offer 'full and finals' which are part payments which write the whole lot off. I've never done it myself though, I'm sure others could help more.