full and final settlements

[karlstewart208]

Hi all, i have written to a few of my creditors offering full and final settlements i just need to check that these are full and final and wont have the sneaky buggers popping up again in the future. This is the reply i have had,

Dear mr xxxxxxx,

PAYING OFF YOUR OUTSTANDING BALANCE.
we are pleased to confirm the arrangement you have made with us to repay your outstanding balace has now been set up on our system.

DETAILS OF ARRANGEMENT
you currently owe £2300
Settlement amount £500
Payment date to be on or before 03/07/2015.

TERMS OF THIS ARRANGEMENT

Our arrangement with you to clear this debt means that we must recieve your £500.00 as settlement on or before the agreed date of 03/07/2015. That means the money must have cleared in our account by that date. You should therefore arrange to transfer the money from your account or make payment in advance of that date so it has time to clear.

WERE HERE TO HELP

once payment has cleared we will inform the credit reference agencies that your account has been settled and your credit file will be updated accordingly.

That is the letter pretty much word for word. Does this mean its full and final?

Thanks.

[Markc]

Re: full and final settlements

Hi out of curiosity can you tell me the creditors because I am trying to do the same to clean up my file. That's really good discounts.