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Full and final offers. Anyone any experience/advice???
Comments
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When can someone start making offers for full and final payments?
I have only miss 2 payments is it to early to start offering settlements?
My family have offered to loan me the money now to pay off my debt but will only give me around 60% of what I owe. They do not want my interest to build up.
Is it good to make small token payments in the meantime?
Please someone reply! I have posted a few questions asking for advice but have had little replies.0 -
((((((((((((bump))))))))))
Sorry I don't know the answer. Hope you find it.Jan 1st 07 Car loan £4830.46@12% Personal Loan £11,517@8% variable Overdraft £1500 July 2009Halifax-£0Debt free date 14th July 2009 :j0 -
I don't see why you cant start offering now..... mention that your having to beg steal and borrow just to pay them and obviously your resources are running low!!!!
Do not offer 60% though i would start at 30% then they might say no we want 50% and you say 40% etc start low and work you way up basically - you can't lose really
Good luckOfficial DFW Nerd number 227
Proud to be dealing with my debts!!!!0 -
bump bump - any news or advice?Official DFW Nerd number 227
Proud to be dealing with my debts!!!!0 -
Im hopefully going to see if i can make some full and final offers to my credit card companies soon but as im claiming back charges from them i doubt they will be interested in accepting what im gonna offer but you can only try i suppose. I would be happy if they just knocked off the bloody charges to be honest as its quite abit of money (see sig) 2 of them would be cleared if i could get it back so im gonna hang on abit see what they say to them.
I think you should go in at around about the 30% mark to show that you are being serious if you go in with anything too low they might just laugh at you and tell you where to go. Try and haggle see what you can get.
I would say its best to start offering when you have the money to pay them as i know some of the settlement offers expire after a certain time which can be anything from 2 weeks to a month they dont normally have them open for ages.
Good luck and let us know how you get on.LBM - April 2007Claimed back my bank charges from Natwest - £1196Halifax Credit Card Claiming £467.35 Rec £467.35!/Capital One Card Claiming - £523.92/Barclaycard Claiming - £403.58 Rec £403.58/MBNA Claiming - £584.37 Rec£584.37Proud to be dealing with my debtsUpdate: 2009 - Currently claiming £1900 from Natwest0 -
bump bump bumpOfficial DFW Nerd number 227
Proud to be dealing with my debts!!!!0 -
nobody got any good advice or news??Official DFW Nerd number 227
Proud to be dealing with my debts!!!!0
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