dikheads? Is there really any point in dealing with them to resolve a debt. Most people make bad choices when their young as far their credit. They are not thinking about the future affect of what they're doing and how they will need their credit later. I hate collectors who act like diks.... but anyway should I try to settle my small lil debt with a collction agency or just let it go for another 2 years I have left??
2006-07-31 21:59:03 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
So, llwhateverll, how long have you been a collection agent?
Trust me, most are *****. I've been working with a lot of folks trying to get out of debt, and I've dealt with many of them. Rarely do I find any that give a damn about the consumer. They are all deadbeats to them. It doesn't matter if they have lost their job, had a medical emergency, or some other disaster in their life. It's always pay up or else.
To answer your question, whether you ignore the debt depends on a couple of things. If the debt is large (over $2k) then they may pursue it in court before the statute of limitations runs out. If they have an office close to where you live you can count on it. But they usually don't want to hire an outside attorney or agency to take you to court, because it cuts into their profits. So you just gamble on them suing you. If they do, just pay the bill before the court case comes up.
They have already trashed your credit score for the past 5 years, you did your "time".
2006-08-01 12:44:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Debt collectors earn minimum wage and then receive bonuses on resolved debt. They need this bonus; and are often mad at the world. They frequently have less than pretty credit histories themselves...and there is a high turn-over. They go to ugly school to learn and refine their technique...and make you feel like a very bad person for making a mistake. This helps them to feel better, and gets the heat off of them. They go home at night and hate their jobs and become true cynics...and they have never learned people skills: "You attract more flies with honey." Until they get this...there is no hope...and so the world continues. Take care of the bill when you are ready...and not until then...as it is already on your credit history. When you do, make the provision that it be removed immediately.
2006-07-31 22:12:08 · answer #2 · answered by riverhawthorne 5 · 0⤊ 0⤋
Don't wait to pay them off, believe me, it makes it worse. Although debt collectors are big pricks, they can be reasonable if you explain your situation. Tell them you want to get this matter resolved as much as they do, and if they can work with you, you both can be sure your debt gets resolved. I suggest asking for a settlement at a lower amount and paying it off, or requesting a payment schedule. The longer you avoid it, the more agressive the become, and the worse it makes your credit. Once you establish a payment schedule it gets reported to your credit report. Trust me, I'm now just getting all my debt paid off-good luck!
2006-08-01 03:37:31 · answer #3 · answered by bunka24 2 · 0⤊ 0⤋
Some good answeres and some bad.
Debt collectors don't buy debt, they don't work for minimum wage and most are only rude when they have to deal with people like you.
Try being a civilized person and I bet they will treat you that way. But from the sounds of it you probably call them being a total "dikhead" yourself so that is how they treat you.
Try treating people with respect and that is how they will treat you.
2006-08-01 04:55:27 · answer #4 · answered by Anonymous · 1⤊ 0⤋
funny you asked this question in May 2006 I purchased a set of book from Books For Children on offer for £9.99. for our son's 5th Birthday. I called them twice to send the bill so I could pay it each and every time I was told its in the post. but got no bill or anything coming thru the post, however on 30th July I get summons from a debt collecting agency for £103 for not responding to their bills which they never sent in the first place. Apparently nowadays many companies do exactly this to get more money out of people like myself. But I am no fool I still have my phone bill and the names of the people whom I spoke have the phone bills to show them that I have called
2006-07-31 22:11:20 · answer #5 · answered by mummyyusuf 4 · 0⤊ 0⤋
Pay it off as soon as you can, it may be small but will put a BIG mark on your credit score. I've learned the hard way.
2006-07-31 22:06:30 · answer #6 · answered by Tortured Soul 5 · 0⤊ 0⤋
let it go. they only paid about10 cents on the dollar for it anyway
2006-07-31 22:02:44 · answer #7 · answered by Anonymous · 0⤊ 0⤋