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why never pay debt collectors remove collections fast 609 credit repair loophole don t pay : But here is why you should never pay a debt collector... When you pay a debt collection account is DOES NOT come off your credit report, in fact, sometimes it will stay on your credit report for ...why never pay debt collectors || remove collections fast || 609 credit repair loophole || don't pay collections ... never ever pay collections pt2 (explained) - duration: 23:45. keeping it real ...The new preferred payment method of scammers is costing victims a lot of money. And it's the one way you should never pay a debt collector.Not exactly, and that’s why it never makes sense to pay a collection agency. Notice I’m not saying don’t pay off your debt, I’m saying don’t pay a collection agency. The reason is how you decide to pay off your outstanding debt will affect how long it will remain on your credit report.How to Deal With Debt Collectors in 3 Steps. ... More than 88,000 complaints were filed in 2016; the biggest reason was consumers being asked to pay debt they didn’t owe.Many people don’t want to pay collection agencies, perhaps because, other than ending debt collection calls, there’s no immediate benefit for paying off the debt. However, before you decide not to pay off a debt in collection, make sure you know the consequences of ditching the outstanding balance.The Dos and Don’ts of Paying a Debt Collector. ... That depends on how well you trust the debt collector. “Never [pay this way],” says Mike Arman, a retired mortgage broker. “Autodebit is ...Most debt collection companies don’t have the manpower to spend hours upon hours on each respective collection account, and most will chase the lowest hanging fruit first (folks who don’t contest these calls or letters), and the debt collector will simply make their business on the 60% of consumers who will try to pay something toward the ...There's nothing wrong with paying the full amount of a debt collection that you owe. Of course, you'd never pay a collection that's not yours, so if you don't remember the debt follow steps for the debt validation process to have the collector send you proof that the debt does belong to you. Then, once you're satisfied that it's yours, you can ...Consumers sometimes just purposely don’t want to pay their debt in a timely fashion, but sometimes they have legitimate reasons why it’s not been paid. Regardless of the reason, hostile debt collection practices lead to problems. Debt collectors already have a bad enough reputation. After all, people think we harass old ladies and beat up kittens just for fun.
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