No it doesn't you don't get to decide when it's paid in full now if you didn't owe any more payments then yes but if you get a bill saying you owe some more money then no.
It depends on the terms of the loan contract. * Yes. Once a contract is in default a collector or creditor does not have to accept anything less than the full amount owed.
not anymore
Why Banks are institutions whose debts are accepted as payment of other people'liabilities?
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
The only methods of payment that are currently accepted on the Chicago Skyway are : Cash, EZPass, and IPass. Cash is only accepted if you drive through the "Cash Only" lane.
both widely accepted. globally accepted as payment
both widely accepted. globally accepted as payment
Yes. It is a common misconception that a creditor or collector cannot pursue legal action if any payment from the debtor is accepted. Once a contract is in default the lender or collector can take whatever steps allowed under the laws of the debtor's state to recover monies owed.
If the collection agency did not accept your payment, the debt should be discharged from their control. You might need to contact an attorney to make sure these debts are removed from your credit report. If you are making payments to the company that sent you to collections, they will need to remove you from the collections agency.
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If one is referring to an auto insurance collector as in someone who collect payment, most agents and brokers have systems set up for payment. Most can pay by credit card or by check.
Cash, checks, debit, WIC and EBT transactions as forms of payment.