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F&F Marbles
camuk81
Posts: 1,559 Forumite
Hi All.
So I'm around 3 years through my DMP and I'm in a position to offer F&F to a number of creditors.
I've just offered one which has declined but wanted to see if anyone had any . . . tips for playing hard ball to encourage them to accept. I'll use my marbles example so we can work on the maths.
Balance this month £2218.43
My offer £660 (29.75% - Well it was worth a shot)
Their offer £1,441.98 (55% - declined)
I'm a bit of a geek so I'm adjusting my balance with each payment is it worth now leaving till next month and adjusting mine to the 35% mark and offer again? So balance would be £2,153.71 my offer would be £776.45.
So I'm around 3 years through my DMP and I'm in a position to offer F&F to a number of creditors.
I've just offered one which has declined but wanted to see if anyone had any . . . tips for playing hard ball to encourage them to accept. I'll use my marbles example so we can work on the maths.
Balance this month £2218.43
My offer £660 (29.75% - Well it was worth a shot)
Their offer £1,441.98 (55% - declined)
I'm a bit of a geek so I'm adjusting my balance with each payment is it worth now leaving till next month and adjusting mine to the 35% mark and offer again? So balance would be £2,153.71 my offer would be £776.45.
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