Actual Correspondence From Lenders
As you are aware from my last letter to… dated 28th January 2009, we realise that we cannot enforce this agreement.
…and would like to offer your clients a full refund of … £13,469.50 plus interest paid on it through the term of the loan £2,000.57.
All liability arising from the Hire Purchase Agreement… will thereafter be discharged and the balance of the aforesaid Agreement will be nil.
… full and final settlement of claim number… and Hire Purchase Agreement …and mark the Defendants credit file as satisfied accordingly.
Further to my recent contact, please find enclosed a cheque for the sum of £4,263.65.
It is clear from the accepted offer that our client has been successful as the account balance has been reduced from approximately £8,000 to NIL.
…in view of the fact that they are a valued customer, I have decided to pay them an amount which will put them back in a position they would have been…
We have requested …to apply to reduce the Judgement balance to reflect the deduction of the loan account.
We will therefore make the payment of £5,320.00. A cheque for this amount will be forwarded under separate cover within 14 days.
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