Advice please re Sending Barclaycard a full and final offer

heather66

i am still having problems with Barclaycard who i owe just over £1900 it will take me forever paying it off with on a reduced payment as Barclaycard will not budge at even reducing interest 12-9%. i have been on reduced payments nearly 4 yrs and so far has NOT passed onto a Debt collector. My father has offered to give me £1000 max to try and get rid of it and pay him back interest free

Do i write to Barclaycard and offer this or do i ask what % they are willing to take ?

thanks in advance for any advice or if anyone has a template letter i could use

Tixy

There is a template letter on national debtline website you can use for sending a F&F offer - I would add in to the letter a date your offer is valid until (say a couple of weeks or so). See the bottom of this factsheet - http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=24_full_and_final_settlement_offers

I would write with an offer rather than ask what they will take. You might want to start a bit lower than you can afford, so that you have room to make a slightly higher offer if they don't accept your first one or if they come back with a counter offer.

heather66

thankyou for your help i am going to try for 30 - 40% first

i did ask them for my cca but they cashed the £1 postal order as it showing on my recent statement and not responeded to it yet.