We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
lowest settlement figure from BCT?
Options
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards