Egg F&F settlements

right_track

Has anyone had success with getting Egg (defaulted credit card) to accept a full & final settlement payment?

Thanks

jules1973

I've offered 40% but no reply yet. Most creditors are not accepting though. That is why I started low

DS4215

Is it still Egg or is it BarclayCard now (after the talkeover). Perhaps it might be better to wait until that is done and dusted - Although I'm hoping to start making offers to them shortly (I'll start at 20% and work up by 5% a time) so will be watching with interest.

bottleofred

I'm not sure about dealing with them directly, but I had a settlement figure of 20% accepted for an Egg loan, so you may be better waiting until it goes to a dca. If it's a recent debt and less than 1 year old, they'll be unlikely to accept much less than 80% as a settlement figure, but the older it gets, the more this figure drops.

mitzy2010

Hi i had an Egg debt and they accepted a f & f settlememt of 50%.
Knowing what i know now, i would start negociating at 10%.

Good luck

moneygunny

DCA dealing with my Egg credit card was ARC, and they have offered me a short settlement, after I sent out full and final settlement offers. Anyone know what a short settlement is?