Hi, I've been paying off a Halifax debt to Robinson Way for a long while, £120 per month, and now I have the debt down to around £1000. I know these companies are usually willing to settle it all for a swift, one-off payment and I'm now in a position to pay around £800.
Has anyone ever contacted a DCA with this intention? What's a good strategy? I thought, rather than come straight out with this, I should maybe phone them with a sob story and say I can't afford the payments any more - go down and cancel the standing order no matter what they say - call them again in a few days' time to 'see what payment plan we can arrange'. That should get them in a bargaining mood. Or might they charge me some fee or something? Can they? Would it be best to come clean right away and open negotiations with a tiny amount? Any advice appreciated, thanks for reading
Has anyone ever contacted a DCA with this intention? What's a good strategy? I thought, rather than come straight out with this, I should maybe phone them with a sob story and say I can't afford the payments any more - go down and cancel the standing order no matter what they say - call them again in a few days' time to 'see what payment plan we can arrange'. That should get them in a bargaining mood. Or might they charge me some fee or something? Can they? Would it be best to come clean right away and open negotiations with a tiny amount? Any advice appreciated, thanks for reading
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