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Should you pay off a credit card that charged off last month and is now in collections the full balance or the settlement amount?
Wiki User
∙ 19y ago
If possible pay the entire amount. A settlement is better than nothing, but paying off the debt is the best option.
Wiki User
∙ 19y ago
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When would one be charged a balance transfer fee?
Rules regarding balance transfer fees vary by bank and individual bank account. To understand if one should be charged a balance transfer fee, the individual should consult their banking institution or credit card lender to review their individual regulations on these fees.
Should you pay off a credit card balance that has been charged off?
Yes. You're still responsible for any outstanding balance, even if an account is charged off. What has been known to happen is that the balance will keep getting sold to collectors, and you end up being harrassed.
If your car is charged off how should you handle it if you don't have the money?
Wait until the account goes to collections you will be charged the difference between what was owed on the car and the amount the car was sold for at auction plus some legal and auction fees. The lender will try to collect the balance from you for three or four months then give up and sell the debt to a collection company for about six cents on the dollar offer them ten to fifteen cents if they will remove it from your credit report.
If one has tax liens judgments collections and a nearly maxed out but good standing credit card what priority in steps should be taken to improve the credit score?
== == Offer a settlement on your tax liens. Negotiate a payment plan with your judgements. This is in order of importance. Once you are done with this process, then negotiate a settlement for your collection accounts.
How can one perform no fee balance transfers?
A balance transfer with no fees depends on your bank. If you want to transfer money from your bank account to another person's bank account, it should be free if you belong to the same bank. If you do not belong to the same bank, you may be charged a fee to send the funds.
How much should hospital reduce medical bill to collect what they can?
that depends, if it has not gone to collections, they may give typically 20% reduction IF you pay right away. if it has gone to collections, you can negotiate with the collection agency for a settlement.
When would one be charged a balance transfer fee?
Rules regarding balance transfer fees vary by bank and individual bank account. To understand if one should be charged a balance transfer fee, the individual should consult their banking institution or credit card lender to review their individual regulations on these fees.
Should you pay off a credit card balance that has been charged off?
Yes. You're still responsible for any outstanding balance, even if an account is charged off. What has been known to happen is that the balance will keep getting sold to collectors, and you end up being harrassed.
If your car is charged off how should you handle it if you don't have the money?
Wait until the account goes to collections you will be charged the difference between what was owed on the car and the amount the car was sold for at auction plus some legal and auction fees. The lender will try to collect the balance from you for three or four months then give up and sell the debt to a collection company for about six cents on the dollar offer them ten to fifteen cents if they will remove it from your credit report.
If one has tax liens judgments collections and a nearly maxed out but good standing credit card what priority in steps should be taken to improve the credit score?
== == Offer a settlement on your tax liens. Negotiate a payment plan with your judgements. This is in order of importance. Once you are done with this process, then negotiate a settlement for your collection accounts.
Can you dispute the amount that a creditor lists as charged off or written off?
These are a few questions you need to ask yourself. 1. Do you have proof the the actual balance that should have been shown. 2. Have you taken into consideration late fees, intrest charges, costs of collections attempted and costs of attorney. I am a loan officer at my place of employment and this is a small little ditty we put on our loans and member must sign that they were told this. You need to read your copy of your agreement with a fine tooth comb. Actual costs of collections including court costs and attorney fees may be applied to the balance of your loan if you default on your agreement. If you still belive the amount on your credit report that was charged off is false you need to have your attorney speek with the creditor in question and have them prove/break down the charges added onto your balance. If they cannot come up with this call the credit bureaus and request a change with doing so you must show proof of the balance in question being lower than shown on the report.
What should the kids of jena 6 be charged with?
They should be charged with assault.
What should you do if you are sued by a collections agency?
Pay what you owe
If you had unpaid bills that went to collections can you pull them out of collections by paying?
Yes, once you paid them, then you would no longer be in collections. Your credit report should update to reflect that it was either paid, or settled.
Should you pay a closed account in collections?
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How do you get in to rainbow collections in spark city?
It is near Beauty & Bliss. If you right click on the lady, there should be an option saying go to Rainbow Collections!
How many volts should batteries have?
Fully charged battery should have 12.6 volts. 75% charged 12.4 volts, 50% charged 12.2 volts, & 25% charged 12.0 volts.
