template letter to creditor

determined_new_ms

Hi am looking for a template to send Vanquis offering a much lower rate of repayment and requesting interest stops. Does anyone have anything?

It's for a woman I'm helping who has mental health issues and is on benefits. They have agreed £100 per fortnight - but out of her income this is a ridiculous amount and she is spending about £15 per fortnight on food and the interest charges are about £44 :mad:

thanks in advance

National_Debtline

Hi

There are various template letters for negotiating with creditors on our website. You might need to adapt either the pro rata letter or the token offer letter. It’s a good idea to also send a financial budget/SOA so that Vanquis can see how much she can afford.

https://www.nationaldebtline.org/EW/sampleletters/Pages/default.aspx

James
@natdebtline