Help Please

lyndseyb2009

Thanks Stevie for the response. I was planning on lowering the opening offer below the £2500 to start with to give me some "wiggle room". I was worried it would sound cheeky though

Is there anywhere on this site that has draft letters? I want to make sure the wording I use is clear and I don't accidentally set myself up for further letters for outstanding amounts....

That would just be my luck!

Stevie_Palimo

lyndseyb2009 wrote: »

Thanks Stevie for the response. I was planning on lowering the opening offer below the £2500 to start with to give me some "wiggle room". I was worried it would sound cheeky though

Is there anywhere on this site that has draft letters? I want to make sure the wording I use is clear and I don't accidentally set myself up for further letters for outstanding amounts....

That would just be my luck!

Lyndsey,


It really only needs as follows :-


Dear Creditor ( Bank, CC or which ever debt you are writing to )


Account Number: 000000000 Date: 09/09/2015




In relation to the above listed account I would like to make a full and final settlement offer for £1000.00 regarding said account and would ask that you consider this for me.


I would also require that my credit file will show that the debt is settled here and ask for this to all be verified in writing prior to a payment being made.


Yours,


Lindsey,


Be prepared for them to haggle but I suggest you go in very low ie £2500.00 debt at £1000.00 and negotiate hard with them.


There may be a link on this site with a better worded letter than mine but this will get the jist across.

lyndseyb2009

Hi Stevie,

I found a template online and have drafted up all of the letters that I need to send.

Will post them all tomorrow and hope for the best. I have a few weeks before ythey would be expecting my next "monthly" payment anyways so hoping by then I have this all sorted so that they don't have to start adding "late payment" notices on my credit file.

Only one I am dubious about is Barclaycard - I've heard they are not great at accepting F&F offerings but here's hoping!

Fingers crossed