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Settlement Offers

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  • ManyWays
    ManyWays Posts: 2,031 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    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 Forumite
    10 Posts First Anniversary Name Dropper
    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. 
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