Can you help me with this letter? They offered me a full settlement payment >>

*Kat*

I have just received a letter from yourselves offering a reduced full and final settlement payment. I would prefer to contact in writing only, rather than phoning your offices. I would like to negotiate a payment with you as soon as possible to rid this debt. I am currently a full time student and am currently earning £250 per month. I can provide proof of this if required.

I am able to offer £150 to settle this debt. Please let me know as soon as possible if this is a viable offer, and if negotiation is available.

Yours faithfully,

The debt is £410 (and I do owe it )

Pott5y

Hi Kat,

F & F template letters can be found here:
http://www.nationaldebtline.co.uk/en...ebt_advice.php

make sure you get all offers in writing and they must include the terms
1. in full and final settlement.
2. release you from all liability for the debt
3. you will no longer be pursued by them or any other for the outstanding amount
4. that your credit file will be marked as satisfied

Keep all corespondance for 6 years. If you are not sure about any wording in the replies post here or call national Debt Line for advice.

Say the money is coming from a third party (it is not yours!!)

good luck

*Kat*

Thank you so much If I offer £150 and they dont accept will they "counter-offer"? I could probably afford more but I dont want them to think I have a ton of money when I dont...ugh

Pott5y

*Kat* wrote: »

Thank you so much If I offer £150 and they dont accept will they "counter-offer"? I could probably afford more but I dont want them to think I have a ton of money when I dont...ugh

You can always offer more but don't seem too keen!! I would offer the £150.00 then hold out. If they counter-offer maybe go back and say you can't afford anymore. You never know.

You need to put your poker face on!!:D

*Kat*

Lols, I'll try haha *pokers*