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How much to offer a F&F to Lowell??
littlepinkstars44
Posts: 2,950 Forumite
Hi everyone I have a defaulted BOS overdraft that is now with Lowell. Interest is frozen and they have been accepting £10 a month payment from me for almost 2 years now, current balance is £570.
I am thinking of offering a F&F to them, I have £100 sitting in a savings account at the moment, and within the next month could probably raise another £200 to put towards it.
What I want to know is how much should I start off with offering them?
Has anyone had any dealings with Lowell and F&F's before?
I am thinking of offering a F&F to them, I have £100 sitting in a savings account at the moment, and within the next month could probably raise another £200 to put towards it.
What I want to know is how much should I start off with offering them?
Has anyone had any dealings with Lowell and F&F's before?
0
Comments
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Given the amount of time it will take to clear at £10 a week then I'd probably start by writing to offer maybe £150 towards the debt in full & final settlement (once you have the money saved).
If they decline that then you could always consider increasing your offer.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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