4 payday loans with Lending Stream now passed to Credit Resource Solutions

[lolax]

Re: 4 payday loans with Lending Stream now passed to Credit Resource Solutions

I hope I havnt offended anyone with my reasoning behind why I just want this buried. I know it sounds bad with regards to keeping things from my OH but its hard to explain without knowing you all in RL.

I now have these 4 accounts with CRS and had a further 4 texts this morning (one for each account), basically saying that today was the last day for me to take advantage of the settlement offer.

Would anyone have any idea how best for me to deal with them now? I have £37 a month to spread over the four accounts one of them is only for £230ish - would they perhaps offer me a full and final on this? How low realistically would they be prepared to go?

I was also pondering - Is there anyway I can keep these clowns off my back with small token payments and perhaps pursue lending stream anyway with a complaint? Probably not .... but perhaps worth something.

[SaltnVinegar]

Re: 4 payday loans with Lending Stream now passed to Credit Resource Solutions

I hope I havnt offended anyone with my reasoning behind why I just want this buried. I know it sounds bad with regards to keeping things from my OH but its hard to explain without knowing you all in RL.

I now have these 4 accounts with CRS and had a further 4 texts this morning (one for each account), basically saying that today was the last day for me to take advantage of the settlement offer.

Would anyone have any idea how best for me to deal with them now? I have £37 a month to spread over the four accounts one of them is only for £230ish - would they perhaps offer me a full and final on this? How low realistically would they be prepared to go?

I was also pondering - Is there anyway I can keep these clowns off my back with small token payments and perhaps pursue lending stream anyway with a complaint? Probably not .... but perhaps worth something.

Hi Lolax

No you haven't offended anyone at all

I'm just thinking what your best route is at the moment. To be honest if £37/month is all you have left I wouldn't be considering making any payment to them at his point in time. Problem is if you make token payments you're not providing any benefit to yourself as you're not allowing the debt to become statute barred.

Most creditors won't accept F&F offers, especially low ones. This usually only happens once a debt has gone round the houses and has been purchased for pence in the pound.

In terms of 'burying' this, I personally don't think you're in any situation to do this currently as only your partner works. If you want to F&F them you're actually better off paying nothing for a while to make them sweat and then they're more likely to accept an offer.

If the phone calls are bothering you at the moment, then I would send them the telephone harassment letter (in the post - do not email it). I'll have a think about framing a letter to them over the next couple of days. Until you receive something from them in the post I wouldn't worry about them too much for now - they are just using harassment to try to get to you.

Best
SnV

[SaltnVinegar]

Re: 4 payday loans with Lending Stream now passed to Credit Resource Solutions

basically saying that today was the last day for me to take advantage of the settlement offer.

This is BS by the way. Its just a tactic to get you to call them so they can bully you on the phone. Don't fall for it.

[lolax]

Re: 4 payday loans with Lending Stream now passed to Credit Resource Solutions

Thank you once again!
Hope you all have a great Friday night