NelsonWatson&Assoc.
Date: Sat, 02/26/2011 - 20:24
We agreed to have a payment taken out of our checking, to be payment in full, about half of the old balance, got a letter saying it was to be deducted, but no mention of settlement in full. Should we be worried? I don't plan to pay any more on this bill.
William
William
You should ask your creditor to offer you a formal document ment
You should ask your creditor to offer you a formal document mentioning that account has been settled in full. You can also request the lender to update your credit report in the same way. Once your credit report is updated, you won't have to worry about the account any further.
Dont pay a dime until you get a settlement offer. Call them and
Dont pay a dime until you get a settlement offer. Call them and give them a fax number to fax it to. If they refuse, tell them you will close your account or put in a stop payment. Once they send the letter, hold on to it with a copy (front and back) of the paid check. This is your proof that the account is settled in full.