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lowest settlement figure from BCT?
Hi,
I have been really ill over the last year with mental illness. I have fallen behind with my payments for a car loan i got for 5 years in Jan 2006. I have now retruned to work but still have mortgage arrears etc.
I rang BCT to ask for a settlement figure as my Dad offered to looan me some money to clear it- i thought it was about £1000.00 to my horror they have added £562b in charges!!:eek:
Anyway i have asked for a discounted settlemnet an dthey are going to call me on Monday.
has anyone had any success with this? and realistically what sort of settlemnt do you think they would accept?
I have been really ill over the last year with mental illness. I have fallen behind with my payments for a car loan i got for 5 years in Jan 2006. I have now retruned to work but still have mortgage arrears etc.
I rang BCT to ask for a settlement figure as my Dad offered to looan me some money to clear it- i thought it was about £1000.00 to my horror they have added £562b in charges!!:eek:
Anyway i have asked for a discounted settlemnet an dthey are going to call me on Monday.
has anyone had any success with this? and realistically what sort of settlemnt do you think they would accept?
0
Comments
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Read your contract with them and see what charges and penalties they are allowed to apply and/ or ask them for a breakdown. YOu can ask them to be reasonable, but as a commercial venture they will generally stick by their contract.0
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