past due credit card?

Did you get the payment agreement in writing? If not......good luck. Slimick is wrong. They cannot take out an amount that you did not authorize. If they are not going to honor the agreement I would terminate their automatic payment, not because of his reasons, but so you can resolve the problem with terms that work for you. You may consider calling a non-profit credit counseling agency.

I had that happen with BEST BUY. They sold me a useless computer that would not work. I refused to make payments. Their bank canceled the account and turned it over to a collection agency. In the end the made an agreement at a lower final payment (Removed $500.00 worth of interest) if I paid it off. The whole problem was that HSBC bank never put it in as a DISPUTE since Best buy refused to refund me the price of the broken/useless computer.

do you have the agreement in writing if not you r sol, if u do they are wrong, however, do not let them run u up the flag pole, they can only destroy your credit, and it sounds like it probably isn't good anyway. no u dont have to come up with the 2000, i would ask to speak with a supervisor and offer 25 cents on the dollar and work my way up. most companies will have a settlement figure, get it in writing with a pay by date, make sure they agree to clear the debt and offer a letter saying paid in full. dont send a dime with out it being in writing and then follow up with the credit bureaus to be sure they have cleared the past due or charge off account. this happens all the time and dont let them harass you. gl

you ought to call them and make some form of arrangements. For 1k, they're going to better than probably fee it off. they're going to in all risk no longer take the time or spend the money to take you to courtroom for this form of small volume of money, yet don't be a fool- attempt to make arrangements to pay it off. Your credit in all risk has a mark against it consistent with how late you have been... yet a cost off is even worse. you may properly be youthful and don't understand how important your credit is to get via existence... once you're fortunate to locate somebody to lend you funds, you will pay an arm and a leg for a motor vehicle, domicile, etc. specific occupations will run an entire history/credit verify on you earlier they hire. Do your self a want- straighten this subject out and take duty for your self!

Giving out your bank transit and checking account numbers for electronic debits is the single biggest mistake you can make when dealing with a creditor or collection agency. Unless you have a written agreement from them stating exactly how much is to be debited, there is nothing to stop them from taking out WAY more than you authorized. By giving them your bank account info you have enabled this firm to make debits from your checking account whenever they please. If you don't have a written agreement to fall back on...this firm can always say that you gave verbal authorization to debit $2K from your checking account...It'll be your word against theirs....

If you have no written agreement from them stating exactly how much is to be debited from your account, I'd call the bank ASAP and have the checking account either frozen or closed.

1) ALWAYS get a WRITTEN agreement about how much is to be paid FIRST prior to giving any creditor one penny.

2) Pay ONLY with USPS money orders.....NEVER, NEVER, EVER give a collection agency/creditor your bank transit and account numbers for electronic debits...They'll raid your checking account if you do.

If you have it in writing that they are to deduct monthly until paid off, then they are legally bound to continue the plan.

I try to get everything in writing with some companies.

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