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Is a settlement figure possible???

Hi,
I have a couple of catalogue debts
Isme £2640 (was £6400 2013)
Fashioworld £1740(was £2800 2013)
Not huge compared to some I know, but are to me.
I have been on a repayment plan with Isme since last year after getting behind with payments last year.
I have the opportunity to pay off the remainder of these in full but wondered if I could get some advice on getting any reduction :Toff them, and how to go about it.:cool:

Comments

  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    Are the debts still with the catalogues or have they been passed to a scumbag?
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Are they in default....
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • nats78
    nats78 Posts: 20 Forumite
    They are still with the catalogues never been passed over. And I have missed 2 months payments on both
  • longtermplanner
    longtermplanner Posts: 1,442 Forumite
    You seem to be paying off the debts, not just making token payments and haven't been dafualted. On that basis it is unlikely they will accept a large discount. You could try 75% say.
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