Debt Collection Agency - Complete Breakdown with Guide, FAQs & More
moneynerd.co.uk
Debt Collection Agency - Complete Breakdown with Guide, FAQs & More
Being contacted by a DEBT COLLECTION AGENCY can be intimidating but if you know how they operate, you can easily...
Sep 10, 2020
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⚠️ STOP paying debt collectors without protection. Just sending money to a collection agency does not automatically remove it from your credit report. If you’re going to pay a collection, the only safe way is: • You get the settlement IN WRITING • It clearly states the balance will be settled or deleted • You receive written confirmation by mail or email BEFORE you pay Anything outside of that? ❌ I do not advise paying a debt collector, because most will take your money and leave the collection
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⚠️ STOP paying debt collectors without protection. Just sending money to a collection agency does not automatically remove it from your credit report. If you’re going to pay a collection, the only safe way is: • You get the settlement IN WRITING • It clearly states the balance will be settled or deleted • You receive written confirmation by mail or email BEFORE you pay Anything outside of that? ❌ I do not advise paying a debt collector, because most will take your money and leave the collection
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⚠️ STOP paying debt collectors without protection. Just sending money to a collection agency does not automatically remove it from your credit report. If you’re going to pay a collection, the only safe way is: • You get the settlement IN WRITING • It clearly states the balance will be settled or deleted • You receive written confirmation by mail or email BEFORE you pay Anything outside of that? ❌ I do not advise paying a debt collector, because most will take your money and leave the collection
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