📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Link Financial want to know the source of my money.

Options
2»

Comments

  • tigergambit
    tigergambit Posts: 207 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi Stu, I settled f+fs with Moorcroft and some others recently. The question as to where the money is coming from is part of their standard !!!!!! covering and nothing to worry about. They won't check (how could they?) But won't progress further without a response as they want to be able to prove that you're able to pay without hardship. So reply quickly but don't go into detail.

    TG
  • stu12345_2
    stu12345_2 Posts: 1,576 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 May 2024 at 9:07AM
    Hi Stu, I settled f+fs with Moorcroft and some others recently. The question as to where the money is coming from is part of their standard !!!!!! covering and nothing to worry about. They won't check (how could they?) But won't progress further without a response as they want to be able to prove that you're able to pay without hardship. So reply quickly but don't go into detail.

    TG
    the problem is with moorcroft wanting a SAO filled in, link haven't asked for one.
    but moorcroft one will show RBS I can pay more than im currently paying them, and even if I up my expenses( which I'm finding hard to create) it will show I can still clear the debt in say 2 to 3 years, thus won't get a good  f and f offer i can afford today

    the only way to get a fantastic offer is to create a SAO that shows it will take years and years to clear debt, which I'm finding hard to create.

    plus their forms to fill in allow no expense such as savings etc, I'm banking a lot at mo cos I can afford to, cos I'm giving them buttons per month, 

    I have to create a situation where it shows I'm super skint, can only pay buttons, thus a low f and f offer is to their liking and suit them best.
    but I can't create that situation, without telling porkies
    how did you do it, eg income and expenses, was it true or not
    Christians Against Poverty solved my debt problem, when all other debt charities failed. Give them a call !! ( You don't have to be a Christian ! )

    https://capuk.org/contact-us
  • tigergambit
    tigergambit Posts: 207 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi Stu, I settled f+fs with Moorcroft and some others recently. The question as to where the money is coming from is part of their standard !!!!!! covering and nothing to worry about. They won't check (how could they?) But won't progress further without a response as they want to be able to prove that you're able to pay without hardship. So reply quickly but don't go into detail.

    TG
    the problem is with moorcroft wanting a SAO filled in, link haven't asked for one.
    but moorcroft one will show RBS I can pay more than im currently paying them, and even if I up my expenses( which I'm finding hard to create) it will show I can still clear the debt in say 2 to 3 years, thus won't get a good  f and f offer i can afford today

    the only way to get a fantastic offer is to create a SAO that shows it will take years and years to clear debt, which I'm finding hard to create.

    plus their forms to fill in allow no expense such as savings etc, I'm banking a lot at mo cos I can afford to, cos I'm giving them buttons per month, 

    I have to create a situation where it shows I'm super skint, can only pay buttons, thus a low f and f offer is to their liking and suit them best.
    but I can't create that situation, without telling porkies
    how did you do it, eg income and expenses, was it true or not
    Economic with the truth is the way to go. Bump up your expenses and limit your income. You don't have to prove anything - they're tickboxing at this point.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.