Hello to all,, brand new member,,, and im totally confused
Thats because im having an information overload,, i need advice but searching thru these forums has unfortunately not provided me with the direct advice i seek so,,, firstly here is my current status
- I have a debt to my old bank Natwest for about £5000
- They passed it on to Moorcroft in about 2006 (debt has not
been sold to Moorcroft, debt still with bank, account still active but no longer used)
- I have been paying Moorcroft since 2006 at about £35 per month - Phone agreement, from a new (different) bank account that has no debt.
- I can no longer afford to pay Moorcroft their £35 (and i no longer wish to)So my questions are:
As i have no signed obligation with Moorcroft could i just offer to pay them like £2 per month and just change my Standing Order?
(obviously they wont agree to this, but im in control of my standing orders right?)
Am i better off attempting to fight to wipe this debt completely?
After all,,, i did borrow this money and spend it,,,,, but im not intimidated by these freak debt collectors anymore,,,, so what would be my best course of action here?,,, im not bothered about future credit but am i better off,, fighting them to the death or, keeping them sweet with a minimum payment?
Also im a noob so,,, plz forgive my lack of understanding, im gonna need an answer for dummies!! lol