
Originally Posted by
StuartL
You say that you can't pay all at once. Could you pay all of one bill in one payment? If you have enough to pay one debt completely, you could try calling them and offering to repay in one go - and doing a deal. These firms will often accept reduced offers just to clear the matter up and bring in some money. You would need to try and negotiate though.
I have heard in the past about firms accepting 40-60% for full repayment. And that wasn't in a tough climate for lenders as we have now...
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