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Can a collection agency find out if you have a checking account if you dont tell them?
Wiki User
∙ 14y ago
A collection agency (or pretty much anybody now a days) can check your credit records with all three bureaus. They will see your bank records on the credit record. You can check your own credit record to see if the bank record is there.
Wiki User
∙ 14y ago
A collection agency does not have direct access to your banking information unless you provide it to them or they obtain a court order to access your financial records. However, they can sometimes use various methods to locate and verify your assets, such as checking public records or contacting your bank to see if you have a checking account.
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How do i find out if you have this account?
my credit car d wsa sold to another agency for collections the collection agency gave me your phone and said you have my account orginal crdiror legacy card card 4239801024374221 if you dont have it who does phone no please and co name thank you
If you had a balance of 189 dollars on your Ford account that was paid to a collection agency when it was discovered 2 years later then Ford went and reported it as a repo to the credit bureaus is this legal?
Jose. DID they repo the car?? If not, I dont see how it could be correct. Was this vehicle a repo at the time and were you paying the remaining balance to the collection agency or was the account a charge off? I am assuming that you are refering to Ford Motor Creit which I used to collect for. In most cases a 3rd party collection agency will purchase the account at pennies on the dollar or the account will be placed with a fee once the account is collected. It is the collection agency responsiblity to update the creditor of payments and in some cases update credit reports. Also it is a good idea to get a confirmed paid in full letter and to send it to the original creditor to make sure they update your credit report correctly.
How can a person have a DDA account But no checking account?
i was wondering bout the same thing at first til i asked. it still depends on the company youre working for. i myself dont have a checking account but get my pay as direct deposit. they wire it through my savings account instead.
What if you dont pay a doctors bill?
they will send it to crediotrs and then a collection agency will call you.. your creidt score will go down
Is it better to settle an account in collections or pay it in full via monthly payments?
Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.
Is it better to pay a collection agency or let them write the debt off?
if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off
How does a business find a collection agency that is not a scam?
The best way is to pay on results. Dont agree to any contract, just agree to test them. Feed them a few small accounts and ONLY PAY AFTER YOU GET PAID. That way you'll get an idea of how they perfrom before you give them more business. I"ve used a collection agency at Headsets.com for about ten years and we dont have a contract. They just do a good job, and we pay them.
If you bought a car in SC and moved to Indiana how does the repossession work?
If you go delinquant the bank will hire a collection co. such as me and they will track you down and when they find you they will forward the account to the most reputable collection agency in your area a the will locate you and take your vehicle then youll be liable for the fees incurred from both companies.You can run but you cant hide so be smart and dont try unless you have a good pair of nikes.
If you are willing to make payments on a debt can a collection agency refuse the payments and continue to harass you?
A collection agency is not hired to get the amount paid in payments they are paid to get the amount in full. At this point the place you originally owed the money to and did not pay may or may not be willing to take payments being that they have now hired the collection agency to get the money from you. YOu can call the original creditor and tell them you are willing to pay and if they say no then you must pay the collection agency, I have never heard of any of them taking payments. When they get hired they try to collect as much as possible of the owed amount so they can get a higher commission. They dont want payments they want money in full....
What should you do after being served by a collection agency?
Dont ignore it! Try to reach a settlement. At the very least, go to court. If you dont go, then the account will automatically become a judgement, which will stay on your credit report for up to 10 years. Most companies are willing to work with a payment plan, so there are certainly options available to resolve the debt before it becomes a larger and lengthy problem.
What happens when you dont pay off small loans?
Most of the time it will be sent to a collection agency. This agency will then continue to try to contact you until the loan is paid. Your interest rates are even likely to increase, causing you to pay more than you would normally owe.
Can a debt collection agency make calls from the US or Canada into the UK for debt collections?
Not all companies collect outside of the US, but when they do collect, collectors dont have any issue calling international
