Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
aerialways09

0 Contributions
0 People Helped
My debt collector just cancelled my payment plan(I paid 1700 and have 200 left), what can I do?
In early 2014, I opened a credit card. I fell on hard times and was unable to make the minimum payment. That payment steadily increased, and my account was closed. Several months later, I received a notice from a debt collector. I called them and we agreed upon a payment plan of 100 something dollars a month. I have made those payments for almost a year and a half. I paid 1700 of the 1900 I owe them.
At the beginning of this month, I told them (via phone) that I have to make a partial payment, and will call back at the end of the month. I made that payment on the 14th. Today, on the 21st, I received a letter (postmarked on the 19th, with the 15th as the date on the actual letter) stating that I have failed to meet my agreed upon payment, therefore they are cancelling my payment agreement. They did not even let me get to the end of the month before cancelling me.

Thing is, I only owe 200 something dollars. Will the debt collector sue me? What are my options here? By the way, I have made a full payment every single month. I made a partial payment once or twice, but I always met my obligation at the end of the month. What can I do?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.