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Help me with company that uses phone number 800-392-4029

Date: Wed, 10/05/2005 - 13:50

Submitted by anonymous
on Wed, 10/05/2005 - 13:50

Posts: 202330 Credits: [Donate]

Total Replies: 4


I received a recorded message from a company with the phone number of 800-392-4029. Of course they left now information about what to call them about or who they were.


So is it my understanding that Ellis sold my loan to First Credit Services?


lrhall41

Submitted by on Wed, 10/05/2005 - 14:06

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collection agencies don't sell the accounts of the consumers. When they are unable to recover the debt from the consumers, it is passed on to other agency. These agencies purchase the debt from the original creditors and keep contacting the consumers.

It is your decision to make payment to a particular agency holding your debt. But the moment you have paid the full amount, the credit report should necessarily reflect the update of your account.

If First Credit Services is holding your account, I am sure they must be having the necessary details of your accounts.


lrhall41

Submitted by roxette on Wed, 10/05/2005 - 14:26

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