Not without a formal intimation of change of interest rate.
yes.reason is that if the debt collector return the money in question, you can as well pay it back into your account.thank you
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
No, Credence is not a debt collector.
Yes, if you owe a debt and a debt collector is legally pursuing payment, you are generally required to pay the debt collector.
The average salary of a debt collector is 28,000 dollars. The percentage given as a commission varies from 3 to 5% of the debt being collected. In some companies, it is even a larger percentage.
A debt collector can tell you and is required by the FTC to provide you in writing the name of the person or company you owe the money to, the amount of the debt, and what you can do if you think you do not owe the debt. If you need to know more information about debt's you owe,contact the FTC.
To make a fair amount of money as a debt collector, you must be able to collect debts of a sizable amount. The bigger the debt, the larger the cut your agency receives and, thus, your bonus is. You can make good money, but you have to be good at actually pursuing and collecting the large debts.
Only if interest is provided for in the instrument creating the debt. If the creditor tries to charge interest to which a debtor did not agree, then that constitutes usury and can, in some instances, wipe out the debt altogether. In some states, the creditor may be entitled to collection costs. ==Additional Information== If the debt collector is collecting on a money judgment rendered by a court post judgment interest accrues and can considerably increase the amount of the debt.
yes.reason is that if the debt collector return the money in question, you can as well pay it back into your account.thank you
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
Yes, eight calls in a day from a debt collector can come under the act of harrassment. However, it would be to your best advantage to talk to the debt collector (you obviously owe money) and come to some resolution to pay your debt off and this way the calls will stop. When you owe a company money such as Visa they will put it in the hands of a Debt Collector and all they want is their money back or at the very least part of it back.
If the debt collector is authorized to do a debit withdrawl then there is documentation that you signed authorizing same. If the documentation you signed with the debt collector does not match with the amount being withdrawled from your account, notify your bank immediatly of the fraudulent transactions. Take the documents to the bank. Do not prewarn the debt collector that you are doing this.
No, Credence is not a debt collector.
No they cannot
Yes, if you owe a debt and a debt collector is legally pursuing payment, you are generally required to pay the debt collector.
A debt collection agency will add fees and interest so the numbers will change as time goes by.
Profit is when you increase the amount of money you have at someone else's expense. If you die in debt, then the money that you owe will never be repaid - so in terms of your life, you have made a net profit. You have received money that you will never repay.