We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Goodbye FirstPlus
xtrouble
Posts: 29 Forumite
God,
I'm so excited. I've paid off my account with FirstPlus, so no more secured debt, or mortgage for me.
I had a heart attack in 2007 and rang them up, they agreed a 6 month payment holiday, and that was that.
After 6 months they started hassling me saying I was in 6 months arrears, and threatening re-possesion etc. I scraped the money together and paid the "arrears" off, BUT they never took me out of account management ! I only found out this year that I was down as a default with experian !
I contacted them for a settlement figure in September, as I was thinking of taking voluntary redundancy this year, but it came back as way too much to pay (about £50k :eek: ).
They must have then twigged then, that I shouldnt be in acc/man with them, as I got a letter this week offering to close the account for an agreed figure. They said my balance was £28k and I offered them £22k which they have accepted.
:T
I'm so excited. I've paid off my account with FirstPlus, so no more secured debt, or mortgage for me.
I had a heart attack in 2007 and rang them up, they agreed a 6 month payment holiday, and that was that.
After 6 months they started hassling me saying I was in 6 months arrears, and threatening re-possesion etc. I scraped the money together and paid the "arrears" off, BUT they never took me out of account management ! I only found out this year that I was down as a default with experian !
I contacted them for a settlement figure in September, as I was thinking of taking voluntary redundancy this year, but it came back as way too much to pay (about £50k :eek: ).
They must have then twigged then, that I shouldnt be in acc/man with them, as I got a letter this week offering to close the account for an agreed figure. They said my balance was £28k and I offered them £22k which they have accepted.
:T
0
Comments
-
Yippee, you must be so relieved!Borrowed £150,000 in an offset tracker mortgage in May 2007 - MFD May 2041 (67)
Jan 2012 - £125,620.02 / 2,913.87 / Nov 2032 (58) :beer:
Apr 2012 - £122,901.88 / 3,170.91 / Jul 2032 (58)
Jul 2012 - £122, 589.02 / 3,507.99 / Sept 2032 (58)
Oct 2012 - £120,476.31 / 3,889.42 / July 2032 (58)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards