Full and Final Question

Gonzo1987

I have an agreement whIch I have been paying off for what feels like years. It's due to drop off my file next year, and the original balance of £1500 ish is now at £546

I will have a spare £250 possibly £300 next month, and wondered if that was sensible amount to offer as a F&F.

Is there a percentage rule to go by or is it a put the offer forward and see what they say kind of scenario.

HappyMJ

I would try for a 75% discount. So you owe £546. 25% of that is £136.50 and that would be my first offer. I wouldn't mention you actually have any money.

Gonzo1987

Perfect - thank you, will give it a try and see what happens!

Stewart_78

Plus, say the money is coming from a kind relative.

Gonzo1987

Stewart_78 wrote: »

Plus, say the money is coming from a kind relative.

It is :j it's birthday money

Gonzo1987

I'm so impatient - this waiting game is horrible! I just want to know!

MakeAChange_2

wondering how you got on?

Gonzo1987

Still waiting for a response! Hopeful they will come back today, as I had the email with the usual security questions on Wednesday.

Gonzo1987

I have had the below response ....which wasn't what I was expecting.

We have received your offer of settlement towards your account and we thank you for that.

So that we can help you we need to understand your current financial details. This will include details of any income you receive, together with your other bills and priority expenditure. We can then set up a suitable repayment plan based on your situation.

If you are unable to call us with this information we have enclosed a budget planner for you to complete. Please fill in your income and expenditure details and return it to us within fourteen days, with the offer of payment and the date of the month you would like to pay.

Next steps

Once we have received this information we will be able to confirm your proposed settlement offer. If we have any questions we will contact you, otherwise we will confirm your plan in writing.

I have a repayment plan set up.... and have done with regular reviews for what feels like donkey's years now!

redux

The world seems to be running out of people who can sustain attention while reading more than a couple of sentences.

Gonzo1987

redux wrote: »

The world seems to be running out of people who can sustain attention while reading more than a couple of sentences.

Is that in response to my query?

I already have a payment plan set up with them, - the email says they want to help me set one up? That makes no sense to me.