If a collection agency doesn’t contact you with enough proof even after you’ve requested a debt validation, you may send them a Debt Validation Follow-up Letter (via registered mail). Here’s a sample of such a letter. Your Name Your Address Your Phone # Collector’s Name Collector’s Address Date Dear Collection Manager, Re: Account Number__________ I [...]
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Your Name Your Address Your Phone # Collector’s Name Collector’s Address Date Dear Collection Manager, Re: Account Number__________ This is to inform you that I’ve recently pulled my credit report and noticed that there’s a collection from your agency on my credit report. I have never been notified of this collection. However, this letter does [...]
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What do you do when you are behind on your bills and your creditors have turned your account over to a collection agency? The constant calls from these agencies can be very stressful, and their tactics can be unmerciful. Normal practice can include threats and abuse. Collection agencies are not interested in your problems. They [...]
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If you have old collection accounts, you may want to know what the past due accounts collection procedures are. If you are paying off old collection accounts with a negotiated balance you need to be careful. A negotiated balance means that you made an agreement with the collection company to pay off the debt for [...]
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Credit card billing statement errors can have very negative effects on your credit score and your ability to get credit. Errors on your billing statement can also be a warning sign of potentially serious identity theft issues. Billing errors should be addressed immediately upon discovery. Send a Written Notice of the Dispute Upon finding an [...]
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