Quit everything , and start again over 50?

dreaming

another_casualty wrote: »

Thanks
I have put my old address on letters . Not posted them yet.
Will put new address underneath ,and write c/o:
I wrote that I acquired mg,and that my employers were not very suppportive ,leading me to terminate my contract of employment and am looking for somewhere cheaper to live .
Will let you know how much I offered later.
Tomorrow is when my life should change in a different direction .
We'll see
Thanks

Obviously it is up to you which address you use although I would be interested to understand your reasoning in using the old one.


Your life has already changed in a different direction, hasn't it?

copperjar

Good luck AC. You will probably get a swift rejection of your settlement offers. Need to be prepared to play the game a bit which I know is hard when you want everything done and dusted.

another_casualty

Thanks copperjar . Reason why I'm anxious about this. Want to pay it off, and then concentrate on the rest of the tasks that need doing.

Okay.. Offers : Nat west £3,255
Pra group :£ 2,850
Santander cards £352.00
Santander £4,050
Barclays- cannot remember, but think £380

Below ,the proper amount owed
Nat west: £5,851.82
Barclays: £978.97
Pra group:£6,718.05
Santander cards:£992.48
Santander £9,084.67

I did say I could settle within 7 days

Because of time and wanting to get the ball rolling quickly, I put my old address down. I was refreshing the pages for an answer,. In the end I made a decision .I can blame that on my illness. It is initially better, as they will recognise me straight away. If questions are asked, I can tell them the real story. Then it's down to them...

Your thoughts?

another_casualty

When I saw the landlady today (she owns lots of properties in the area),
she told me of a lady who owns a flat opposite and is hardly there.
She may put a word in for me .

The jeans I got last weekend( 10 days ago) are falling off me .
A good sign I guess, but highly embarrassing and annoying .

copperjar

My partner made some F&Fs earlier this year. Got about 10% knocked off in total - they just wouldn't budge from their counter offer. I guess if you get something then it's more money in your pocket. I've often struggled with the concept of F&Fs having paid every penny of my debt off, but every penny you can save will help towards the rest of your life! Crossing my fingers for you AC

enthusiasticsaver

another_casualty wrote: »

Thanks copperjar . Reason why I'm anxious about this. Want to pay it off, and then concentrate on the rest of the tasks that need doing.

Okay.. Offers : Nat west £3,255
Pra group :£ 2,850
Santander cards £352.00
Santander £4,050
Barclays- cannot remember, but think £380

Below ,the proper amount owed
Nat west: £5,851.82
Barclays: £978.97
Pra group:£6,718.05
Santander cards:£992.48
Santander £9,084.67

I did say I could settle within 7 days

Because of time and wanting to get the ball rolling quickly, I put my old address down. I was refreshing the pages for an answer,. In the end I made a decision .I can blame that on my illness. It is initially better, as they will recognise me straight away. If questions are asked, I can tell them the real story. Then it's down to them...

Your thoughts?

I am not sure why you put your old address. Your name and reference number are the only details they need to recognise you. They also don't need to know any story. Just offer and see what they say. If you don't intend borrowing again there is no reason why you have to pay them off in a hurry. If they won't accept offers I would just continue to pay at the current rate until you have bought your house/flat and know how much overall capital you have left.

Resist the urge to do everything in a hurry. A little thought and planning when you have time, as you do now, reaps dividends.

Maybe you had better wear a belt if your jeans are falling down. I presume you have lost weight? If so, I am puzzled why you rushed out to buy new clothes when you said last week your trousers were too tight. Good that you losing weight anyway and walking up that hill will get you fit.

another_casualty

Thanks again
Enthusiastic, looking at the template on my other thread, there is a space for a paragraph to put in reason of change of circumstances.
I thought it was compulsory . At least they have a story now:)

Copperjar, there are so many things about settlement offers That i get the impression that you're foolish if you don't haggle for a reduction.
Enthusiastic : my clothes were torn,and we're very hard to go round my waist.
I was like wurzel Gummidge . If I don't try to pay off debts now , I will be angry, as I don't want to blow it. Need to be debt free ASAP .
What do you think of the offers I made ?

copperjar

They look good offers AC. Did you use the formula suggested on your other thread? The PRA group one seems low but hopefully this is the start of some negotiation. Do you think you'll be patient or want to settle with whatever they come back with? My partner was very impatient but was delighted to be debt free

another_casualty

copperjar wrote: »

They look good offers AC. Did you use the formula suggested on your other thread? The PRA group one seems low but hopefully this is the start of some negotiation. Do you think you'll be patient or want to settle with whatever they come back with? My partner was very impatient but was delighted to be debt free

Thanks copperjar

TBH , I think I offered fairly and agree that Pra is a bit low also.
If I have to pay more for the pr a group , but the others accept my offers I would quite frankly be over the moon .:)

As you say, I should expect a bit of to ing and fro ing , so we'll see.

copperjar

Hey AC, just thinking away from the F&Fs for a second and wondered whether you are signed up to Topcashback or Quidco? Moving house means new utility contracts and the like - very easy to make a couple of hundred in cashback (as I've discovered myself! )

It also keeps me in money saving/best value mode when I'm looking for big purchases and ongoing bills like phone, tv, broadband etc. Means I never make an impulsive decision on utilities etc - I like to check whether I can get some free cash somewhere as well.

I know you have a lot going on in your head at the moment and are probably still a bit overwhelmed with everything but thinking about your money management from now on is really important. The main thing that sorted out my overspending and budgeting was the You Need A Budget (YNAB) software. You can get other apps as well but I found it absolutely brilliant and it's actually helped me save and not just not overspend for the first time in my life. Might be worth adding to your list of things to look in to - you will need a budget app of some sort I would imagine with no regular income coming in.