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Help with DMP (PRA Group)
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Presume your amounts are, (Or close to) I think there low enough for them to consider offers as they are looking nearly 7 years
£32.64
£48.62
£5.05
£43.68
0 -
glentoran99 wrote: »Presume your amounts are, (Or close to) I think there low enough for them to consider offers as they are looking nearly 7 years
£32.64
£48.62
£5.05
£43.68
They are:
£40.82
£42.70
£8.17
£38.31
completed year 20220 -
Ha sorry, if only it was 25% of the amount rather than 25% off the amount. It was sadly the latter, but still a quarter reduction which is extremely helpful to me.0
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Ha sorry, if only it was 25% of the amount rather than 25% off the amount. It was sadly the latter, but still a quarter reduction which is extremely helpful to me.
Sure is, to be fair if I had that amount to offer I would be very happy with 25% off too, however I am going to have to try a hell of a lot lower :rotfl:0 -
I am not sure if they will budge from 25%. The lady I spoke to put me on hold to speak to the manager and said that the best they could do was the 25%. But you never know.
Good luck.0 -
Dac,
Its all about negotiation, the longer the debt has been with a DCA, the more discount can usually be obtained.
I regularly used to get letters offering 50/60% off debts I had at the time, there opening offers were in the 30% range.
Each company will have there own criteria for accepting full and final offers, you may have to play a bit of letter tennis with them for a while, and you may not get the discount you wanted, but you will get some, even if you settle just one account, its one less you have to pay every month.
Keep the negotiations confidential and separate from each creditor, don't tell them anything more than is necessary.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 -
I am getting nowhere with Moorgate having made two improved offers from my starting position. I cant go any further at the moment.0
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glentoran99 wrote: »Moorgate wont budge for me either, and this is despite them not being able to find the credit agreement
Seriously ?
Don't pay them, what can they do ?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 -
sourcrates wrote: »Seriously ?
Don't pay them, what can they do ?
Default me, its being marked as ok, and the other defaults are 3 years in so im half way to clear record, about £1000 left owed to them and that's me debt free0
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