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Not without a formal intimation of change of interest rate.

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15y ago

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What information can you gather from a debt collector?

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.


Can you make good money from being a collector?

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.


Can a debt collector charge you more than your original debt in Texas?

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.


If a debt collector takes money out of your account before the date that you agreed upon can you have the money placed back into your account?

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


If a debt collector puts a lien on your house does that mean your mortgage co forecloses your house?

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.


Can eight calls in one day be considered harassment from a debt collector?

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.


What can you do if debt collector is overcharging your checking account on what you agreed?

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.


Is Credence a debt collector?

No, Credence is not a debt collector.


Can a credit card company or debt collector take money from your IRA?

No they cannot


Do you have to pay 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.


Can a debt collect change amount owed On documents from the debt collector each shows a different amount?

A debt collection agency will add fees and interest so the numbers will change as time goes by.


What the meaning of if you die in debt you have made a profit?

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.