Jump to content

You can now change your notification sounds by going to this link https://www.consumeractiongroup.co.uk/index.php?/&app=soundboard&module=soundboard&controller=managesounds

 

You can find a library of free notification sounds in several places on the Internet. Here's one which has a very large selection https://notificationsounds.com/notification-sounds

 

 

BankFodder BankFodder

 

BankFodder BankFodder


style="text-align:center;"> Please note that this topic has not had any new posts for the last 4019 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hello there the angel from my nightmare,

 

I received a letter from RED today acting on behalf of LOWELL PORTFOLIO 1 - same company!

 

anyway it is a debt from a few years ago - 3-5 to my knowledge, now i may have paid a few payments via payplan in 2008 (awaiting confirmation) its for just over 350.

 

what can i do about this as i do not have the money to pay it and i know i cannot cca a phone company, perhaps reduced settlement?

 

any ideas good folk?


I'm worse at what I do best and for this gift I feel blessed

Share this post


Link to post
Share on other sites

bump


I'm worse at what I do best and for this gift I feel blessed

Share this post


Link to post
Share on other sites

If you acknowledge the debt, then all you can do is offer to pay what you can. They can either accept or reject this, but the bottom line is they cannot mess with your credit file (and make it worse) and neither can they take you to court easily to make you stump up the balance any quicker (because the paper trail would collapse if you asked them to prove in court the debt existed).

Share this post


Link to post
Share on other sites

thanks for the help, what would you recomend i offer?


I'm worse at what I do best and for this gift I feel blessed

Share this post


Link to post
Share on other sites

Only you can judge this on the basis of the ongonig correspondence. However, useful pointers include; work out if they are collecting the debt for the principle, OR whether they have 'bought' the debt and are just in it for the money, they can get out of you.

 

If the latter, here's my rule of thumb; Work out the amount of debt at the time they became involved BEFORE the charges were levied. Take off what you have paid subsequently. Take 60% from this amount, and use this as your starting point. Be prepared to be negotiated down to 40%, but if they don't agree to this - I'd stick your heels in and say you'll just have to be taken to court as you cannot find that money.

 

(The background to this is, if they bought the debt, they probably paid 20p/£ (20%) and a mark up of 20-25% for a guaranteed payment is still a result for them).

Share this post


Link to post
Share on other sites

well i am unemployed so i will offer 100 quid lol

 

i just wanna get stuff sorted and build my credit file up


I'm worse at what I do best and for this gift I feel blessed

Share this post


Link to post
Share on other sites

Play the game. Offer them £101.50. Odd amounts make them think twice - (that they're taking your last pennies). If you say £100, they try to hold out for £200!

Share this post


Link to post
Share on other sites

lol will do , thanks, then hopefully it can come off my record


I'm worse at what I do best and for this gift I feel blessed

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...