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Repayment agreements - Metropolitan

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Hi, can someone give me some advice on this please?


I came to an agreement with Metropolitan ( acting on behalf of HSBC) to pay £25/month towards a debt. That was 2 months ago and I've made the payments since then.


Metropolitan now write to say that they now "need" to reassess my position with a view to increasing the payment.


I did notice that when they agreed to my proposal of £25 /month they said that the agreement was subject to change at their discretion.


Anyway, I'm surprised that they want to increase the payments after only two payments. Their original acceptance was clearly a tactic to get me in the system so they could screw me for more money later.


The total debt is £2,800


Where do I stand on this? I'm concerned that they won't agree to anything I suggest except on a temporary basis and they'll keep coming back for more every couple of months. Do I have to agree to increasing the payment and what will happen if I just say that £25/month it is for the moment?


Any advice/experience ?





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I am afraid that this is a tactic that collections use. Metropolitan are part of HSBC, just a couple of desks along, with a postal address round the corner. They have no staff!, so when you think that you are dealing with a third party, you are not.


Couple of things to think about in the mean time:


Have they defaulted your account, with a mark on your credit file.


Do you have a default notice from HSBC.


Have you seen a copy of your agreement.



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write back and say you have assessed your situation and here is my £1 a month




Getting There Slowly



Advice is given freely but is in no way meant to be taken as Gospel:-)

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