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Sainsburys credit card
Jojocircus
Posts: 5 Forumite
Hi I have an old Sainsburys credit card debt for around 7k but paying Wescot £15 per month. The default went on 3/4 years ago. What’s the best thing to do to get rid of this debt? Would they take a full & final offer? Has anyone had one accepted? Or do I have to start upping my payments to pay the full lot off? Not sure what to do. Any advice would be grateful.
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Have you asked them or made them an offer ? What cash do you have to pay it ?Baby Step 6/7 . £16000 saved and invested. £47,000 deposit paid on new home DEBT FREE !!!
Currently Negotiating with HMRC !0 -
No I haven’t approached them yet as I wanted to ask advice on here first. I could possibly pay half of the debt at a push but I don’t want to offer that much if they take less. It’s been defaulted for over 3 years.0
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Remember, wescot don’t buy debts, they will just be managing it for Sainsbury’s bank.
Have you asked for CCA yet ?That should be a precursor to any settlement offer.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Yes we have asked for CCA & they have the paperwork so it is enforceable.0
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