F&F in writing...

Knalchemist

I know you must get an F&F agreements in writing, however does an email count as 'writing'?

I get paid on December 27th and want to settle one of my debts with a F&F, due to me reducing hours at work. Due to the xmas period I'm trying to stay away from posting if possible, because of delays etc.

What do you recommend?

Jason_Bourne_2

I settled one of mine with an email offer. Got the follow up letter confirming my account was settled and full blah blah blah.

Who's emailing? Bank or dc?

Knalchemist

I will be mailing them, it is Provident Personal Credit. They are using the alias CK Edrupt, which is a part of Provident.

Jason_Bourne_2

Sorry, misunderstood what you meant.

I thought you meant having received the offer in email

Yes, feel free to phone or email instead of posting a letter away. It's what comes back that counts. I did a couple over the phone and got written offers in the post back, some will try and push you to pay there and then but tell them that it's not your money and the person giving you the funds is insisting on having it in writing.

Good luck.

Knalchemist

Thank you. I will give them a call tomorrow, requesting F&F, and will ask them to put it in writing.

What kind of offer should I give, if the debt currently stands at £340? Would £100 be sufficient? I have two other debts which I am paying off, though not offering F&F on.

Jason_Bourne_2

How much are you currently paying per month and how old is the debt? I assume it's defaulted?

happy_bunny_2

I would start at £50 depending upon age etc. also don't be afraid to say no, too high, if that's your best offer forget it.

Better done by letter or email though.

As Jason says, how old, what for. The less credible the debt,the better the deal to be had.