We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Settlement Offers

2»

Comments

  • ManyWays
    ManyWays Posts: 2,621
    Sixth Anniversary 1,000 Posts Name Dropper
    Forumite
    what was PRA originally? They can be even more difficult than Link for settlement offers,
    And Advantis?
    Ratesetter looks a possible complaint.
  • saving_88
    saving_88 Posts: 39
    10 Posts First Anniversary Name Dropper
    Forumite
    ManyWays said:
    what was PRA originally? They can be even more difficult than Link for settlement offers,
    And Advantis?
    Ratesetter looks a possible complaint.
    PRA is a defaulted Barclaycard. Defaulted in 2023. Debt was a 0 percent card to pay off another credit card. 
    Advantais is defaulted Sainsburys, Defaulted in 2024. O percent card. Couldnt keep up with payments after offer expired. Decided to DMP it.

    Ratesetter is a loan taken in 2022. Entered DMP in 2023 for lower payments. Defaulted this. 

    I would rather have lower monthly DMP payments and a default for 6 years now. I'm living better life not paying 500 etc monthly on debts. I had my nice lux lifestyle in younger age using these forms of credit. 

    I don't think i can do an affordability claim on these. 
★ ★ ★ 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
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K 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.