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If you have student loans in collections and you now have the money to pay in full is it possible to have the collections company bring the account current as part of the agreement to pay the debt?
Wiki User
∙ 16y ago
once you have paid it. It will reflect on your credit report as paid
Wiki User
∙ 16y ago
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What is the meaning of ready for collections?
"Ready for collections" means that a company has attempted to collect a debt from a customer without success and has now passed the account to a collections agency for further action. At this point, the collections agency will try to recover the debt on behalf of the original company.
A company did not inform me ahead of time that I was to be charged for services and then they sent me to collections. Do they have to have a signed contract showing an agreement for this to be valid?
um yes?
Can a company who bought a charged off account try to collect interest on the account?
Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.
Does the interest and finance charge stop each month after a credit card charge off?
No - I am a collector and service primarily unsecured credit card debt. Per the cardholder agreement that was signed with the credit card company, the account holder is often liable for a LARGER interest rate after an account goes into collections. This may not always be the case, but I rarely see credit card collections that have interest rates lower than 18%. Finance charges are not often applicable when the tradeline has been closed and charged off into collections.
Can you pay the tow truck driver for your repo fees?
It might be possible. Depends on the company and their agreement with the finance company.
Can a company put you in collections after one year without ever sending you a bill?
A company can send you to collections as soon as the account becomes past due. If you have billing disputes, they must be done in a timely manner (usually within 30 days) and they must be done in writing.
What can you do for this debt collections company?
i can negotiate with customers who owe money to your company this helps them from going flat broke or bankrupt by doing this collections i will be a asset to your company and i will be profitable to this company . i can use my professional expertise to get customers to pay their bills so that they wont owe any more to your company by giving them a payment agreement making sure that if they cant afford to pay the full debt that they can pay what they have until the bill is fully paid for.
Does the company Lakeside Collections offer online purchasing?
The company Lakeside Collections offers a large variety of products for sale. Some products that can be purchased from Lakeside Collections are wedding gifts and furniture.
Does a few late payment internet bill's effect your credit?
Only when the bills are turned over to collections. An ISP probably will pull your credit report, just as a cell phone company would, but an Internet account is not a credit account.
Can a company take money from your bank account without permission?
It depends. If:you have a monthly loan repayment agreement with the company wherein the company automatically deducts your monthly payments from your savings account oryou have defaulted on your loan payments for more than 2 or 3 months and haven't contacted the company reg. the sameThen, the company can withdraw money from your account (if there is any cash available) towards your loan repayment. Otherwise the company cannot deduct any money from your account without intimating you.
Is it possible for the cash account to have credit balance?
It could be possible for the cash account to have a negative balance. This could occur if they wrote a check out for more money than they have. This would not be a good situation for a company!
Why did the separatists agreement with the Virginia company fall apart?
why did the separatists agreement with the virginia company fall apart
