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Should they even both paying it?
DarnIt_3
Posts: 294 Forumite
Typo ...bother not both!!! whoops
Hi,
I am hoping someone has been in this position and could shed some light.
I got a call today from my Mother, she recently took some advice of mine and got a credit report as she couldn't get credit, I also told them to register on the electoral roll! They have two defaults on the account dating back from 2008!
One account is for £396
One is for £1111.
Today FIFTEEN letters fell through the door from these companies...
Each demanding their monies..
Debt one offered a full and final settlement of 50% of the debt (£198)!
The second Debt offered legal action!
IF they settled these would it make a huge difference as there is a unsatisified CCJ on their CR?
They are both in their late 50's, and business for them hasn't been great, so I will more than likely be helping them out, which is not a problem if it helps them sleep a little easier.
The next question
Could they barter with the settlement figure? How much could they get away with offering?
Could they turn into CCJ's?
Hi,
I am hoping someone has been in this position and could shed some light.
I got a call today from my Mother, she recently took some advice of mine and got a credit report as she couldn't get credit, I also told them to register on the electoral roll! They have two defaults on the account dating back from 2008!
One account is for £396
One is for £1111.
Today FIFTEEN letters fell through the door from these companies...
Each demanding their monies..
Debt one offered a full and final settlement of 50% of the debt (£198)!
The second Debt offered legal action!
IF they settled these would it make a huge difference as there is a unsatisified CCJ on their CR?
They are both in their late 50's, and business for them hasn't been great, so I will more than likely be helping them out, which is not a problem if it helps them sleep a little easier.
The next question
Could they barter with the settlement figure? How much could they get away with offering?
Could they turn into CCJ's?
29th June -Beginning Credit Score 422 
£2575
12th July - Credit score 471
22nd August - Credit Score 550 Still very poor just but only just!
Remaining to pay off: £1370.95
£257512th July - Credit score 471
22nd August - Credit Score 550
Still very poor just but only just!Remaining to pay off: £1370.95
0
Comments
-
What was this debt for?
Does she actually agree that they had the goods/service?If you've have not made a mistake, you've made nothing0 -
The debt for £1111 is for a contract phone .
The other one a store card or credit card, can't remember which but she agrees that she has them.29th June -Beginning Credit Score 422 £2575
12th July - Credit score 471
22nd August - Credit Score 550 Still very poor just but only just!
Remaining to pay off: £1370.950
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