Anyone had to deal with debt collection agencies?
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jozef
Apprentice
Joined: 19 Jan 2008
Posts: 3
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 Posted: 04/26/08 - 05:43 Post subject: |
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Hi there all of you, Id like to know if theres someone who had to deal with debt collection agencies. I was in an unauthorized overdraft and I was charged a significant amount of money which I of course didnt have. Now theyre transferring my debt to collection agency. Im scared a bit because I never had to deal with them.
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jasmine
Apprentice
Joined: 09 Feb 2005
Posts: 4
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| Posted: 05/26/08 - 03:12 Post subject: |
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| You dont have to be scared that much. They wont bite you. They will only enlarge the amount you were about to pay to your bank for a certain and not big amount of money. I was in a similar situation. I had an account in a bank which charged me for every pound of unauthorized overdraft. Once I had only 0.67 of overdraft and this not respecting the rules of the company costed me 30. And my debt for a short period of time rose to 350. When my bank moved that debt to a debt collector agency, the total amount rose to 370. So, it doesnt have to be a big deal, you only have more time to prepare the money for paying off the debt. |
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