How to write off credit card debt 2 (UK)
This was a credit card defaulted in 2017. Please remember these debs are sold for less than 10p out of £1. Correction: I am looking to settle some of these debts at 90percent reduction. My own experience: – Stop making…
This was a credit card defaulted in 2017.
Please remember these debs are sold for less than 10p out of £1.
Correction: I am looking to settle some of these debts at 90percent reduction.
My own experience:
– Stop making the required minimum payments;
– Set up £1 token payments instead;
– Ignore all letters and let the cards default;
– In most cases, the debt will be passed on to a third-party;
– Set up £1 token payments with the third-party agency;
– Discounted letter should eventually start to come through.
Please also see my previous video where I show a discounted offer letter.
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