Do Bill Collectors have to stop if I pay original creditor?
I was unemployed for several months and wasn't able to make even the minimums on my credit cards. Well, I have a job now and I've paid some of my cards, but some had already gone to collection agencies to hound me. I paid the creditor directly (for example, Sears) and not the collection agency. I just went online and made my minimum payment, which included lots of late fees and stuff. Does the collection agency have to back off? Or will they keep hounding me?
Asked By: Dave - 8/27/2007
Best Answer - Chosen by Asker
You should deal with the collection agency because the account has been assigned to it. If you have made any payments, let the collector know what you have done so the collection agency can properly credit the account on their records. A big outfit like Sears may have its own collection department, but in any case... More
Answered By: wartz - 8/27/2007
Additional Answers (7)
You need to get ahold of the company you paid the balance to and ask them to contact the collection agency and tell them you've paid it. The collection agency then has to back off. Make sure to keep receipts of it being paid. Along with the company calling the agency, I would send them proof yourself that it's paid. If... More
Answered By: Piper - 8/27/2007
You need to pull your credit on online for free at www.annualcreditreport.com pull all three. Make online disputes with any collection agency. This is free and the three credit reporting agencies must investigate your dispute. Keep on them until they remove it. PROVE IT OR REMOVE it is the key term. Keep sending... More
Answered By: communityinflorida - 8/27/2007
Unfortunately once it has been turned over to collection, you can no longer go back to originator and pay them, or so I've been told. Obviously, you gain by paying direct, because if the collection agency collects, they take thier fee and the originator gets the balance. I'm glad you're getting on your feet again... More
Answered By: DJ B - 8/27/2007
I wish you would have called Sears b4 you made your payment...call them now and see what they tell you. they can definitely still take your payment if they want otherwise they are not reporting to the collector ...for example that payment you gave them is just sitting there the bill collector hasn't been made aware. I... More
Answered By: Lilly J - 8/27/2007
Sometimes the original creditor charges off delinquent accounts and sells them to collection agencies. You have to deal with the collection agency as they own the debt... More
Answered By: bdancer222 - 8/27/2007
You do NOT have any legal obligation to even talk to a collection agency, unless they have supplied you with proof they have purchased your debt... More
Answered By: Studly - 8/27/2007
You do not have to deal with collection agencies at all. Think of it this way you owe Jane $5 and she gets Bill to ask you for it and he charges you $10. It's completely optional . Don't let them bully you. Simply tell them I don't want to do business with you.
Answered By: sweetyungthang44 - 8/27/2007
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