PDL collection agency
Date: Thu, 01/06/2011 - 09:43
What state are you in? What was the name of the Pdl? You should
What state are you in?
What was the name of the Pdl?
You should NEVER admit to owing a debt over the telephone, NEVER! Collection agences are required to send a dunning letter (letter of collection) through the mail within 5 days of their first contact with the debtor, that is a federal law (FDCPA).
The biggest problem I see with your situation is you have already sent payments for this debt to this collection agency, so, basically you have already admitted to owing the debt, which means you have waived your rights to make them validate that debt.
Please provide the information I requested above, I can't really advise you further until I know if it was a valid loan and valid lender.
May I ask how much was the actual debt at Check n Go, and how mu
May I ask how much was the actual debt at Check n Go, and how much is this collection agency saying you owe? The reason I am asking this is because under Section 808 Unfair Practices of the Fair Debt Collection Practices Act under the Consumer Credit Protection Act, federal law prohibits a debt collector from collecting any amount (including any interest, fees, charge, or expense incidental to the principal obligation) unless such amount is expressly authorized by the agreement creating the debt or permitted by law.
If a debt collection agency owns your account, and you did not expressly enter an agreement to pay interest and fees to that collection agency, than they cannot charge you anymore than what the already existing balance is.
The actual amount owed to ChecknGo was 800.00. I only had 150.0
The actual amount owed to ChecknGo was 800.00. I only had 150.00 left to pay them. The collection agency told me I owed them 350.00.
If I were you, I would tell them you need something in writing w
If I were you, I would tell them you need something in writing with their letterhead on it, a summary of the payments you have made so far, the name of the original creditor, etc., tell them you can no longer make anymore payments until you receive this information, and the FDCPA states you are entitled to it. You need an agreement IN WRITING.