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Cabot Financial 75% off offer

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  • #31
    IF it was me I would do my utmost to pay the amount off in one payment as soon as possible, you said you were in a position to do so, as Ostell says THEY hope you will miss a deadline payment, then you are back in the proverbial.

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    • #32
      Originally posted by victormotris View Post



      Evening all,

      Just an update regarding this, I agreed to three monthly installments of just over £110 each. I was going to push for six payments but ultimately, I can afford it so decided to not push it any further...

      We agreed on the 1st of the month and they have requested payment by the 8th starting in September.

      One thing they have said, I hope it's nothing to be concerned about:

      "I have put the settlement plan in place for £338.23 to be paid over 3 x instalments of £112.75 first payment due 8th September 2021 and then due by that date again in October and then a final payment of £112.73 in November.

      Unfortunately we are unable to set this arrangement up via Direct Debit as we have agreed a reduced figure to close the account. "

      Could they go back on the offer once it has been paid? My personal thought is that they have agreed this and specifically in writing so a contract is formed, correct?
      You've got it in writing, If they did you could lodge complaints with the CSA and the FOS, it's in their interests to keep their word.

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      • #33
        headed any agreement _ stick to Headed "Full & FInal",. any remaining balance will not be sold on .

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        • #34
          Originally posted by echat11 View Post

          You've got it in writing, If they did you could lodge complaints with the CSA and the FOS, it's in their interests to keep their word.
          Time will tell.
          First payment today

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          • #35
            For anyone that is wondering... I made the third payment already and the debt was marked as settled along with a letter confirming this.

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            • #36
              Well Done on getting it resolved.

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