1st Credit ltd - Settlement offer - Advice needed plz

National_Debtline

Good point SC.


Seadogs - all the more reason to speak to one of the advice charities first before you go writing any letters to 1st Credit. Here on the forum we won't necessarily know your full picture, so you may not be in a position to know all of your options.


There's no clock ticking on the lump sum option, so no need to rush in.


Dennis
@natdebtline

Seadogs_2010

I have spoken to the national debtline and because my partner is working 20hours a week part time we have around £85 surplus after bills etc but thank you for thinking about that

sourcrates

Seadogs_2010 wrote: »

I have spoken to the national debtline and because my partner is working 20hours a week part time we have around £85 surplus after bills etc but thank you for thinking about that

Sure you've accounted for everything ?

You only have to reduce it by £30-40 !!!

fatbelly

Seadogs_2010 wrote: »

I have spoken to the national debtline and because my partner is working 20hours a week part time we have around £85 surplus after bills etc but thank you for thinking about that

That's less than £50 each.

It doesn't surprise me that Sourcrates suggested a DRO. my thoughts are 'if you can qualify for a DRO, then do it'.

Then you're properly debt free rather than owing money to your parents.