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.
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.
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
Why Banks are institutions whose debts are accepted as payment of other people'liabilities?
not anymore
If the bill collector refused the payment, you can inform them that you made the payment to the original company and request that they update your account accordingly. Keep documentation of the payment made to the original company in case any disputes arise. It's important to communicate clearly with both parties to ensure your payment is properly accounted for and reflected in your records.
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
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
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.
casino chips
coins & notes : coins and notes are usually used as a method of payment and are accepted for any payment.