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Is it a good offer?

I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It's an excellent offer.
  • Indy315
    Indy315 Posts: 15 Forumite
    that's a great offer, they usually aren't that generous
  • tetley
    tetley Posts: 104 Forumite
    wow, they are giving you £1500, what you owe, plus £75 compensation. And you want more!!!!!!!!!
  • Why would you get more compensation?

    You owe them money!
  • Nasqueron
    Nasqueron Posts: 11,047 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    You owed them money, due to a technicality they couldn't take the money from you during that period so lucky for you, the money is wiped and you get compensation. Maybe you could pay them the £75 :)

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Craig1981
    Craig1981 Posts: 769 Forumite
    Third Anniversary
    i would feel guilty accepting that offer already!
    why would you want to even ask for more??
  • I got a letter, thought it was a scam at first. I did default on the barclaycard I had but did pay it off in full. Got offered Just under £100 so I'm very pleased.:eek:
  • diggingdude
    diggingdude Posts: 2,499 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    I think you should give the £75 to charity
    An answer isn't spam just because you don't like it......
  • MABLE
    MABLE Posts: 4,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Luna24221 wrote: »
    I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?

    Certainly pays to be in debt!:rotfl:
  • Luna24221 wrote: »
    I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?


    Id have thought that a total of £1500 being knocked off what you owe and a nifty £75 in your pocket is one hell of a deal.

    Blimey last time i had a deal that good we had to defraud Norwich union...wouldn't recommend that lol.

    Take the offer and count yourself very lucky.
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