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 Posted: Mon Jan 14, 2008 7:43 am Subject: Does not except money orders?????
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I just got a call from a CA on an old ipdl I got in 2006....the balance is 240.00 on a 150.00 loan. I had paid back $ 45.00.....They dont except Money Orders?  Is this true?
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Tweety71
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Posted: Mon Jan 14, 2008 7:47 am Subject:
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I have had CA tell me that too, and I sent them a money order anyway! I haven't had one returned yet! Whatever you do, don't give them your account info! Good Luck..karen
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Bossy4455
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Posted: Mon Jan 14, 2008 8:58 am Subject:
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The money orders from the post office are traceable...use those. But yea, as bossy states I also have yet to have anyone return a money oreder to me.
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volleyballmom
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Posted: Mon Jan 14, 2008 9:00 am Subject:
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I just found it funny that he said they dont except money orders.....I didnt know that about the MO in the post office....Thanks! I'll try that....
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When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
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Posted: Mon Jan 14, 2008 9:02 am Subject:
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What I did do with mine was, I wrote a short letter saying that I was enclosing money order such and such for the amount of $$$ for account #. That way they couldn't say that this wasn't received, applied to another account, etc..good luck karen 
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Bossy4455
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Posted: Mon Jan 14, 2008 11:13 am Subject:
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I agree....the only reason they want a check, IMO, is so they can get your bank information. They will not turn down a MO. I don't know of any collection agency that refuses money orders. In face, most perfer them so the clients and themselves do not have to wait for their money.
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2nband
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Posted: Mon Jan 14, 2008 11:22 am Subject:
Latest Blog Post : http://frogpatch.yesdebtfree.org |
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The only other way to pay a CA is by prepaid debit card limited to the amount being paid. I have never heard of a CA sending back a money order though.
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frogpatch
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Posted: Mon Jan 14, 2008 6:52 pm Subject:
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I think they just want the bank info like the person said above.
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stargzr
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Posted: Mon Jan 14, 2008 7:23 pm Subject:
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I agree with you stargzr that just gives them the opportunity to bleed the account dry whenever they felt like it.
ladybug
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ladybug
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Posted: Mon Jan 14, 2008 7:52 pm Subject:
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In my experience, they don't want the MO because they have to wait for it and it buys the debtor time to back out/skip out on the bill and avoid future calls from the CA. If you do send one, they will never send it back and it will be posted to your account as soon as it is received.
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Rach
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