Is it a good offer?

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Luna24221
Luna24221 Posts: 5 Forumite
in Credit cards
I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?

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  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
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    It's an excellent offer.
  • Indy315
    Indy315 Posts: 15 Forumite
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    that's a great offer, they usually aren't that generous
  • tetley
    tetley Posts: 104 Forumite
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    wow, they are giving you £1500, what you owe, plus £75 compensation. And you want more!!!!!!!!!
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
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    Why would you get more compensation?

    You owe them money!
  • Nasqueron
    Nasqueron Posts: 8,836 Forumite
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    You owed them money, due to a technicality they couldn't take the money from you during that period so lucky for you, the money is wiped and you get compensation. Maybe you could pay them the £75 :)
  • Craig1981
    Craig1981 Posts: 769 Forumite
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    i would feel guilty accepting that offer already!
    why would you want to even ask for more??
  • JadedAngel88
    JadedAngel88 Posts: 159 Forumite
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    I got a letter, thought it was a scam at first. I did default on the barclaycard I had but did pay it off in full. Got offered Just under £100 so I'm very pleased.:eek:
  • diggingdude
    diggingdude Posts: 2,445 Forumite
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    I think you should give the £75 to charity
    An answer isn't spam just because you don't like it......
  • MABLE
    MABLE Posts: 4,080 Forumite
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    Luna24221 wrote: »
    I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?

    Certainly pays to be in debt!:rotfl:
  • Samsung_Note2
    Samsung_Note2 Posts: 774 Forumite
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    Luna24221 wrote: »
    I have received a letter from Barclaycard saying they are going to write off my dept (about £1,500) and give me £75 compensation. I have read that it’s about failings they made to contact people in 2013. I haven’t received any letters from at least 2015 about the money I owe them. Can I get a bigger compensation? How do I find out if what they are offering is reasonable?


    Id have thought that a total of £1500 being knocked off what you owe and a nifty £75 in your pocket is one hell of a deal.

    Blimey last time i had a deal that good we had to defraud Norwich union...wouldn't recommend that lol.

    Take the offer and count yourself very lucky.
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