Jump to content

Full and Final Offer - any rules to making one?

style="text-align:center;"> Please note that this topic has not had any new posts for the last 3574 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

Is there a system to making a Full & Final Offer to DCAs? I've seen the letters on this site but is there any guideance on what to go in with? I.e. Make an offer of 50% of the debt firest and negotiate from there?


Thanks all!



Share this post

Link to post
Share on other sites

Dependant on how old the debt is when it was sold dictates how much a DCA paid for it.

I would always start low-10 to 20% and have a maximum figure in mind which you won't go over.

Ideally, it would be better to have the F&F paid by a third party as any agreement from the DCA is then binding if they tried to get you for the remaining balance

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

Please help CAG. Order this ebook. Now available on Amazon. Please click HERE

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...