Hi,
I used to have a HSBC credit card, but the debt was passed over the Metropolitan Collection Services as i went to prison and could not pay it. when i was released i started a payment plan with MCS £30 per month as im not working (this started almost 2 years ago).
I owe them about £1300. Im not working so can not afford to up the payments, but have worked out that i will be paying this for years to come!!
I wanted advice on making an offer to them, i was thinking about offering them £400 - £450 to close the account. (this i will have to beg and borrow to get)
what are my chances and does anyone have a template letter i could use?
kindest regards
D