lowest % they will take

[SaltnVinegar]

Re: lowest % they will take

You won't be able to remove the defaults. Only thing you could do is lie (ahem) and say you've split and then disassociate yourself; however any joint accounts would auto link back in so not always that easy unless you've got totally sole accounts.

Lowells purchase in bulk at approx 12p to the £. So an offer to them at 20% would get them to sit up and listen

Lowells also buy bad debt with low likelihood of recovery so they negotiate quote low usually.

This is interesting as I have several Shop Direct accounts sold to Lowells.

I'll post here too when I start making my own F&F offers.

Best
SnV

[SA Gold]

Re: lowest % they will take

shot in the dark i know but if everyone who trys to get a ff from say lowells negotiate a ff then say sorry no default removal then no deal surely they would EVENTUALY get the message

Hi,
Did you pursue this?

[Wishfull]

Re: lowest % they will take

After McGuffick most lenders refuse to remove data (ie it showed an accurate record of events and so it'll have to stay) - however we do have a template, no harm in asking - but i'd suggest it won't matter either way if you're financially linked (joint mortgage etc)...?

Template is here: Offer for Default Removal Template

shot in the dark i know but if everyone who trys to get a ff from say lowells negotiate a ff then say sorry no default removal then no deal surely they would EVENTUALY get the message

[Never-In-Doubt]

Re: lowest % they will take

So really it's not worth doing anything about it then, if I cant removed the defaults.

Even if they show settled ( assuming they could do that)it's still going to effect the credit score I would have thought

After McGuffick most lenders refuse to remove data (ie it showed an accurate record of events and so it'll have to stay) - however we do have a template, no harm in asking - but i'd suggest it won't matter either way if you're financially linked (joint mortgage etc)...?

Template is here: Offer for Default Removal Template

[mgfboy]

Re: lowest % they will take

So really it's not worth doing anything about it then, if I cant removed the defaults.

Even if they show settled ( assuming they could do that)it's still going to effect the credit score I would have thought

[Never-In-Doubt]

Re: lowest % they will take

You won't be able to remove the defaults. Only thing you could do is lie (ahem) and say you've split and then disassociate yourself; however any joint accounts would auto link back in so not always that easy unless you've got totally sole accounts.

Lowells purchase in bulk at approx 12p to the £. So an offer to them at 20% would get them to sit up and listen

Lowells also buy bad debt with low likelihood of recovery so they negotiate quote low usually.

[mgfboy]

My barclay debt has been sold to lowells in the last week and I was wondering what do you think the lowest offer they would take to clear the balance and remove the defaults.

The debts are all unenforcable credit cards and the reason I would like to get rid of the defaults is they are starting to effect my wifes credit ratings.

Similar thread is here: ---> Natwest reduced cc limit