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What happens if you do not pay a collection agency?
if a collection agency isn't paid, the debt can be put on a persons credit report. The collection agency can also choose to garnish a persons paycheck.
What happens when you dont pay off small loans?
Most of the time it will be sent to a collection agency. This agency will then continue to try to contact you until the loan is paid. Your interest rates are even likely to increase, causing you to pay more than you would normally owe.
What happens if a collection agency gets sued?
They must respond and send a representative to the hearing. If they lose, they have to pay.
What if you dont pay a doctors bill?
they will send it to crediotrs and then a collection agency will call you.. your creidt score will go down
If you owe a company money and it is placed in collections can you pay the original company or do u have to pay the collection agencies?
You have to pay the collection agency. The original company has a signed contract with the collection agency and they pay the collection agency a % of what they collect from you. That's how they make their $$. The original company did not want to have the outstanding balance on their books.
What are your options if you are unable to pay the full debt amount to the collection agency?
Do NOT pay any money to a collection agency.......send your money to the debtor, the person you owe it to. Send it in the form of a check or money order. NEVER PAY A COLLECTION AGENCY
You owe 690.00 to a food vendor should you pay a collection agency?
No pay the vendor. If you pay the collection agency they will extract a fee from the payment and you will still owe the vendor
Can a collection agency garnish your pay check?
No a collection aggency cannot garnish a pay cheque
Does a collection agency have to accept what you are willing to pay?
No.
Can your IRS be taken to pay a collection agency?
No.
If you pay a collection agency does the collection come off of your credit report?
Yes you tell the collection agency you will pay ONLY if they can give you a letter that say they will delete the item from your report it's call pay for deletion
How do you reverse a judgment from a collection agency?
If you have a judgment from a collection agency and it is valid, you have to pay it to have it reversed. If it is not valid you can try to appeal it.
