Balance in Writing

Date: Thu, 04/05/2007 - 12:48

Submitted by anonymous
on Thu, 04/05/2007 - 12:48

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Total Replies: 5

I had a debt charged off to Asset Acceptance, who I've been paying for a while now. I just called them and asked to have my balance sent to me in writing. They said they can't because then if I stop paying they won't be able to charge me for the interest they've stopped charging me with my payment agreement. It made sense when she explained it, but it still seems strange that I can't get anything in writing. The lady I deal with has always been nice to me; this just seems like a strange policy. Any ideas?

It is your full right to know from Asset Acceptance where the ac

It is your full right to know from Asset Acceptance where the account stands now. You said you were able to work out an agreement with them. Do you have it in writing?

lrhall41

Submitted by Bony on Thu, 04/05/2007 - 13:22

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Sadly no. What can I do?

lrhall41

Submitted by on Thu, 04/05/2007 - 13:22

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I would try to re-make this deal with everything in writing. Th

I would try to re-make this deal with everything in writing. They have to provide you such information as what you owe. That was a rediculous argument, how would you know when it was paid off? Also, as you evidently didn't sign anything, it appears they are threatening to charge you with all the back interest if you stop paying.

lrhall41

Submitted by Law Student on Thu, 04/05/2007 - 19:45

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Sorry, I didn't mean to sound that -you- were rediculous. The s

Sorry, I didn't mean to sound that -you- were rediculous. The statement by Asset was rediculous. Next time, I would make the request in writing CRR. Any business done with companies such as this should all be done in writing, or at best record all conversations, if it is legal in your state.

lrhall41

Submitted by Law Student on Thu, 04/05/2007 - 19:54

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Don't worry; I didn't take any offense. I just knew so little ab

Don't worry; I didn't take any offense. I just knew so little about this business when I started dealing with them, that I am just now realizing how (stupidly) trusting I've been. Now I just have to figure out what to say when I call them later today...

lrhall41

Submitted by on Fri, 04/06/2007 - 07:28

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