Results 1 to 2 of 2

Thread: Settlement offers

  • Share
  • Thread Tools
  • Display
  1. #1
    bigredmonkey's Avatar

    Junior Member



    Joined
    Feb 2012
    Posts
    1
    Mentions
    0 Post(s)

    Default Settlement offers

    Hi

    Stumbled across this site by chance and glad I did, already read some great advice.

    I have a couple of defaults that I need to pay off in order to be able to move forward in my career(believe it or not I work in Financial Services!).

    One is with Halifax and is for £1100, the other an old Welcome loan that is now with MKDP for £2700.

    I want to offer them full and final settlements but unsure what kind of figures they're likely to accept, so any advice on that most welcome. To be able to accept a new job it'd be worth paying the full amounts, but obviously I'd rather pay less if at all possible.

    Thanks in advance for any help on this.

  2. #2
    labman's Avatar

    labman
    Guest


    Default Re: Settlement offers

    Halifax will not go as low as MKDP - it's always much easier to negotiate a F&F once its been passed to a DCA.

    There's a really good thread on here somewhere about negotiating F&F's - I'll see if I can find it for you. If not, start low - with Halifax maybe 20% which they won't accept, with MKDP I'd offer 15%. Obviously you will need to go up, but you don't want to pay one penny more than you need to.

    Off to look for that thread, as there's some pitfalls to avoid. :tinysmile_grin_t:

    Here you are:

    Watertight Full Finals Settlements? - Legal Beagles Consumer Forum

Similar Threads

  1. F & F Settlement & CRAs
    By Lowry123 in forum Debt Collection Agencies
    Replies: 6
    : 31st December 2010, 01:11:AM
  2. Help with F & F settlement
    By greengirl in forum Debt Collection Agencies
    Replies: 4
    : 2nd June 2010, 08:20:AM
  3. Cabot settlement
    By mrsgil in forum Cabot Financial
    Replies: 12
    : 15th February 2010, 17:15:PM
  4. Replies: 13
    : 28th January 2008, 16:34:PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Contact Us



© Celame (UK) Ltd 2016
Hosted by Lodge Information Services Ltd
LegalBeagles® are DPA Registered No. ZA158014
LegalBeagles® is the trading name of CELAME (UK) LIMITED ( 09220332 )
Registered Address: 25 Moorgate, London, England, EC2R 6AY
VAT registration number 206 9740 02
User Alert System provided by Advanced User Tagging v3.1.3 (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Celame (UK) Ltd Powered by vBulletin® Version 4.2.3
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.

To find out more about managing your money and getting free advice, visit the Money Advice Service,an independent service set up to help people manage their money.

TOP