Offer of the Day

[Lowry123]

Can somebody help....I am happy to pay the matched offer in the attached letter the debt is £392..... will the debt agency then mark the account as settled......any advice please

[enaid]

Re: Offer of the Day

Can somebody help....I am happy to pay the matched offer in the attached letter the debt is £392..... will the debt agency then mark the account as settled......any advice please

I would write and ask them, not phone, you need things like this in writing.
Is the debt definately theirs, they are not collecing it on behalf of someone else?

[toomanycalls]

Re: Offer of the Day

I think I'd be inclined to ignore that letter but reply with a full and final offer. If you can find £500 to match what they have offered there is a good chance they will accept somewhere around that but I'd start a bit lower.

See this thread http://www.legalbeagles.info/forums/...ad.php?t=23838

[Lowry123]

Re: Offer of the Day

The debt is for £392.... so the settlement is £196......I have seen all the proof they bought the debt from MBNA....so its all legal.....was paying £3.00 a mnth...stopped paying as tried to settle with them they offered 10% then 20% now got the letter saying 50%....also claimed back PPI from MBNA on this account and charges total of £840.00
so to settle now at 50%....seems ok to close the account down....
as they offer shouldnt they write to CRAs and mark account as settled.... and not partial settlement cos this is there offer?

[enaid]

Re: Offer of the Day

They should but i would getting in writing as they may just say part settled.

[Lowry123]

Re: Offer of the Day

Dear Sirs

Your attached letter refers.

Before I go ahead and raise the money to accept your offer of settlement. Can you confirm the following if the terms are met in your offer letter.

' Experto to notify the credit reference agencies to update your credit file as satisfied with a zero balance', confirmed that OH would 'have no further liability to the outstanding balance' and that 'we will also ensure that neither ourselves, nor any associate company will take any action to pursue or enforce the above account.' .


is this ok to send or should I just send the cheque
------------------------------- merged -------------------------------

They should but i would getting in writing as they may just say part settled.

Thanks for your help.....should i write the letter in my post first or send it with the cheque

[enaid]

Re: Offer of the Day

Lowry am going to ask Curlyben just to have a look over this afore you do anyhting, he may have a different tac altogether, so just hang fire x

[Curlyben]

Re: Offer of the Day

I must admit to be sceptical of these type of offers, but if you can agree the terms of the F&F then go for it and make sure you have it in writing.

Getting them to make the CRA's as cleared with zero balance rather than settled would be better.

[Lowry123]

Re: Offer of the Day

Ok will send letter first before cheque......thanks for all your help...... what does "OH" mean in the template letter I have copied and pasted to reply to the offer......sorry if I sound THICK!

[enaid]

Re: Offer of the Day

Other Half lol
So you will have to amend it to suit you.

[ODC]

Re: Offer of the Day

Im sure Curlyben can confirm but I remember reading elsewhere that you are better getting someone else to pay them on your behalf

[Lowry123]

Re: Offer of the Day

im doing this for somebody else....ben taught me that one!

[Lowry123]

Re: Offer of the Day

Update.....thanks LB....another account closed....This debt is not mine

had PPI sent Tools letter got £800.00 back
MBNA sold debt on for £450.00

settled for 196.00

thanks to all for the support and template letters on LB and the guidance....

your stars.....helping us on our way to debt free land...

sorry the letter in wonky tonky XX

[enaid]

Re: Offer of the Day

Thanks very much for the update and am pleased it all worked out so well.
Enaid x

[jax007]

Re: Offer of the Day

Im sure Curlyben can confirm but I remember reading elsewhere that you are better getting someone else to pay them on your behalf

Why??