Hi,
Had another reply today.First of all we talked about the final offer and was told it was a bad idea unless I have lost my job. I haven't, so they said they would not probably accept. Thats okay because thats not what I wanted to do anyway it was what DFD suggested.
We discussed what I wanted to know, in terms of how long I have left and could not get an answer. Was told sometime in September would be the likleyhood of me knowing.
We did work out that out of the 45,000 owing I had paid off 38,000. So I asked that if I continued to pay £700 a week, £8,400, then this would pay over the 100% you can pay back. This was agreed but was told that even if I paid 100% back we would probably have to pay for another year as well. This was so that DFD got paid a fee as well, for the last year of the agreement. They said that fees were taken every year and I could not get an answer on how many fees were left to pay. Over £7000 in fees over the term was the figure quoted but they were not sure how much left to pay [xx(]
I just want to know how much I have left to pay, how long left to pay and what the windfall of over £7000 has done to help and surely by taking all of these calculations, we can come up with a projected date of completion. I pay 92p in the pound, so only 8% to find of £45000 to make it up to 100%, which is £3600, so change left there. I can logically work out that if I pay another £8,400 this year we will be there, 100%, but can't logic the extra year on top of that at £8,400, plus the change from the windfall.
Roll on September, as I am guessing the annual report will have all of this detail in full [;)]
Sorry to roll this on guys but just letting off some frustration and worry[:D]
The light in the distant tunnel is almost peaking through[:)]
Thanks for listening
Gary
[xx(][:(]