80k in debt reduced to 51k with F&F payments? Need some advice?

[Yorkgirl74]

I am completely new to this site, so please move it if it is in the wrong place.

 

I am really hoping to get some personal advice.

 

I have used this forum over the last year taking advice from other peoples similar situations

and managed to start getting my debts reduced with F&F payments.

 

Ok this is what I still have: ( well between us).

 

All these debts are pre 2007!

Currently managed through a DMP

 

Wescott Credit; OC MBNA with CCJ on file since 2012(as struggled keeping up with arrangements in 2011) debt £7988

Wescot offered an F&F payment to me of £4055- I refused

 

Lewis Bradford; Aka CL Finance GE Capital ( Santander) debt £1075

F&F payment offered £900 - I refused

 

Apex credit ; littlewoods catalogue debt £2600

Wants I&E - which I have sent awaiting response

 

Apex credit; RBS loan; debt £9800

As above

 

Triton credit services; RBS loan debt £19,508

F&F offered as in offers of 16k - I didn't respond as I had offered them originally 3k

 

RBS credit card still with OC debt £5805

RBS refused my offer of £800 so offered £1800 max awaiting feedback

 

RBS credit card still with OC debt £ 5200

Same as above

 

Total debt £51,976. Have 23k to offer! And would like some change. Is this possible? Need to pay these off by 2014.

 

It appears I am getting no where at the moment?

Any advice??

 

I am currently at Uni for a year studying so have no income, but this lump sum to clear my debts!!

 

Do I need to get any SAR's on them?

 

Would that push them along??

 

Not sure where to turn now.

 

I need all your great advice.

[fkofilee]

If they offer you F&F (If DCA --> You) then 95% of the time there is something wrong with the debt.

That sounds interesting... with Wescot & Lewis....

 

SAR are used for collecting information held by a company on you...

This could be interesting to say the least so I would SAR them all to the OC

 

Also Triton are RBS's Inhouse collection team

[Yorkgirl74]

Hi fkofilee,

thanks for your reply,

wow very speedy thanks.

 

Sorry I forgot to say I did use the forum letter on F&F offers.

So I initiated the start of F&F payments, ( they didn't just contact me out of the blue).

 

My offers to them started back in January this year by offering originally 20% of the debt

and they were the offers back to me.

 

I have held back from contacting them again in the hope they will say ok we will accept it!

( this strategy worked for one debt and managed to get that settled in full on 30% of the original debt).

 

So you think I should SAR them all.

 

Also I have done all PPI on them and kept the money towards paying the said debts off.

[BRIGADIER2JCS]

The best way to deal with multiple accounts such as these is a separate thread for each Original Creditor listing the 'story so far' on each one, this will get clearer and more specific advice for each one.

[Yorkgirl74]

Ok, thanks for advice. Would I post them separately in this part of the forum or some where else? Sorry newbie here.

[fkofilee]

http://www.consumeractiongroup.co.uk/forum/newthread.php?do=newthread&f=175

[BRIGADIER2JCS]

Yes here will be fine!!

[dx100uk]

or use the named bank forum for the name of the original creditor

 

who is the DMP with please.

 

dx

[Yorkgirl74]

Hi the DMP is with B&E,

I know I hear you say why?

I realise it's a fee paying company.

 

Soon to be changed to a free DMP.

 

Ps can you answer me this question?

 

Can't find the answer anywhere?

 

All of the said debts apart from the CCJ in 2012, have fallen off my credit report.

 

Once my F&F settlements have been agreed and paid.

 

Does this update go back in the report as a settled marker this year or won't it show as the debt fell off the report 9 years ago?.

[BRIGADIER2JCS]

Once a defaulted account has been removed from CRA files after 6 years no further reporting to CRAs can take place.

 

If defaulted account is paid in part or in full the CRA entry remains for the balance of the 6 year default life.

A defaulted debt paid by F&F will be marked partially satisfied and remains on file the balance of the 6 years.

[dx100uk]

if a debt has fallen off due to the default hitting 6yrs

then it CANNOT return.

 

one wonders why you are considering or have

F&F'd any debt that does not show

 

its not harming you

 

your F&F money is being wasted if you are doing that.

 

all very well to 'pay ones debts'

but the money could be put to better use

by clearing debts that are on the file

 

dx