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scoops82
Posts: 247 Forumite
Hi
Has anyone else got an old debt with Welcome Finance and had it moved to a new company?
I was thinking of asking for a final settlement figure but I was wondering if others had already done this and the how much it is likely to be.
The debt is about £4k.
Thanks
S
Has anyone else got an old debt with Welcome Finance and had it moved to a new company?
I was thinking of asking for a final settlement figure but I was wondering if others had already done this and the how much it is likely to be.
The debt is about £4k.
Thanks
S
Scoops 
0
Comments
-
Hi,
Debts get sold on all the time, it's fairly normal practice.
A Settlement figure would depend on a number of factors, how long they have held the debt, if they have correct paperwork, etc etc.
Make your offer and see how they respond.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
There is a full and final thread somewhere, might be a useful read for ideas on what to expect.Debt -it's a fight that I'm winning, dealing with debt one day at a time.
Estimated DFD August 2018 - 2031 - now 2027 :T
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