If a collection agency validates a debt do you have to pay it
If a debt collector cannot provide debt validation, you may be able to negotiate a reduced settlement of the debt, or even eliminate the debt in full.
Debt Collectors
Can a debt collector charge 35% interest on a collection account
If a debt collector charges high interest, review your state debt collection laws along with the Federal FDCPA which puts limitations on debt collectors
Debt Collector placed unknown medical debt on credit reports
Don’t let medical debt unknown to you sit on your credit reports, there are steps you can take to have the negative marks deleted.
Multiple collection agencies for the same medical debt should be disputed
Collection agencies that sell a debt should delete their negative notation to avoid multiple debt collectors reporting simultaneously for the same debt.
Will paying a Comcast collection account delete it from credit reports
Comcast collection agencies typically do not delete accounts based upon payment of a debt; but a paid collection looks better than an unpaid collection.
Can original creditor report charge-off every month with a balance
Creditors can report a charge-off every month to the credit bureaus but if the charge-off has been sold to a collection agency it must report a zero balance
Actions to take when a collection agency does not verify a debt
Collection agencies may not always respond to a debt verification/validation request but that does not the issue is resolved.
EOS Must Refund Consumers For Illegally Collecting Old AT&T Cellphone Debt
EOS debt collector to pay penalty and refund consumers for illegally collecting on old cellphone debt that was disputed and unverified.
Federal agencies shut down 4 debt collectors for abusive practices
New federal agency formed to shut down debt collectors that use abusive debt collection practices.
