Credigy
Date: Mon, 06/29/2009 - 09:06
I had a Discover account that was transfered/sold to First Select. Now First Select sent it to Credigy. The original account balance was $1000 when it was Discover. Now that it is with Credigy it's over $7000. I have paid over $2300 to Credigy and am wondering if there is any advise on how to get them to settle for the amount i've already paid? No one is helpful because it's with a lawfirm and they keep telling me that they won't settle for less than an additional $4500. I have also called Credigy and they apparently don't do anything! Other than tell me to contact the law firm that is handling my account. Is there anything I can do to get this settled for amount already paid?
There are no legal means to force a company to accept a settleme
There are no legal means to force a company to accept a settlement agreement, they are fully within their rights to demand the entire amount. However - that said, the amount sounds way too high, there's something suspicious there. It's too late to send them a Debt Validation letter directly, but you could dispute the remainder amount through the credit reporting agencies on whose report(s) the debt is. Their dispute policies will be on their websites @ www dot their name dot com).
