Creditors Exchange collection
Date: Sat, 07/25/2009 - 20:07
Hi,
In May 2009 I had a verbal agreement with Creditors Exchange that I'd pay 50% of my debt with 'Bill Me Later' in 3 installments of $335.27 every month, i.e. May, June and July 2009.
The initial debt was $2011.
I gave them 3 checks numbers for these transactions and got from them the reference and confirmation numbers.
I made 2 payments in May and June on time by authorizing electronic transactions at the end of each month from my checking account with US bank which was opened for this purpose only.
In May, June and July I received 'Notice of intent to deposit.' from Creditors Exchange.
After receiving a 'Notice' in July 23, I called them to be sure that it would be my last payment. To my great surprise I was told that my payment plan was revoked and my amount due was $1341 which I had to pay immediately or to be taken to the court.
He was rude and didn't give any explanations on the reasons my payment plan had been revoked.
Later that day I called again and another representative said that my payment in July 30 would the last and close my account.
I mentioned the earlier conversation with another rep. The lady
laughed and said that I was OK and my July's payment would be the last.
???? Help!!!
What should I do?
Thanks a lot,
George
In May 2009 I had a verbal agreement with Creditors Exchange that I'd pay 50% of my debt with 'Bill Me Later' in 3 installments of $335.27 every month, i.e. May, June and July 2009.
The initial debt was $2011.
I gave them 3 checks numbers for these transactions and got from them the reference and confirmation numbers.
I made 2 payments in May and June on time by authorizing electronic transactions at the end of each month from my checking account with US bank which was opened for this purpose only.
In May, June and July I received 'Notice of intent to deposit.' from Creditors Exchange.
After receiving a 'Notice' in July 23, I called them to be sure that it would be my last payment. To my great surprise I was told that my payment plan was revoked and my amount due was $1341 which I had to pay immediately or to be taken to the court.
He was rude and didn't give any explanations on the reasons my payment plan had been revoked.
Later that day I called again and another representative said that my payment in July 30 would the last and close my account.
I mentioned the earlier conversation with another rep. The lady
laughed and said that I was OK and my July's payment would be the last.
???? Help!!!
What should I do?
Thanks a lot,
George
You should have gotten it in writing. Verbal dont count.
You should have gotten it in writing. Verbal dont count.
