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Debt Collection Agency - Debt Write Off?
BBE87
Posts: 1 Newbie
Hello,
I have been dealing with 1st Credit Ltd (DCA) in regards to arrears on an account/loan I had previously had with Barclays Partner Finance.
I received a letter from them today, saying they are making an offer of a 70% reduction of the total owed. I would pay £3000 by the end of August and then the balance would show as 0 on my credit file...
Has anyone ever taken up an offer like this?
What is it in for me/them?
Many thanks for all comments in advance.
I have been dealing with 1st Credit Ltd (DCA) in regards to arrears on an account/loan I had previously had with Barclays Partner Finance.
I received a letter from them today, saying they are making an offer of a 70% reduction of the total owed. I would pay £3000 by the end of August and then the balance would show as 0 on my credit file...
Has anyone ever taken up an offer like this?
What is it in for me/them?
Many thanks for all comments in advance.
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