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Homadais

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Collecion agency is quoting me a different amount than what Credit Karma is showing?
I called a collection agency to pay off a debt. They are quoting me an amount almost twice what Credit Karma was showing. Also they removed the account the very next day after calling them. What amount is correct? Why would hey remove the account before it's be resolved?

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Top Contributor
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You need to be careful dealing with Collection companies. Possibly the amount shown on Credit Karma was outdated, sometimes accounts are not updated every month, in your case maybe the account wasn't updated by the debt collector in quite a while and when you spoke to them they gave you the current amount (which would be more than a prior amount due to interest). Also it is possible they are just trying to squeeze more money out of you. It's hard to say. Have you done the important reading on how to deal with collection accounts? Read about if you haven't yet: "statute of limitations to be sued for debt" "seven year fall off credit" "pay for delete agreements" "settling for less than what's owed" "FDCPA (fair debt collection practices act)" and whatever else you can find on dealing with old debt.

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