Credit score hurt because bed debt filed with Chex systems, interesting question.?
Hi. I had a bad period with Bank of America, I owe them roughly 2k over 3 accounts. I have the money, went to the bank and they said they’d accept payment, but would not open a new account.
They have sold all 3 debts off, and I get calls from the agency they have sold the debt to. They want like 1,200 for all 2 thousand worth of debt! Do I get a benefit from paying BankAmerica directly? I pay less with the credit agency.
I know once you pay the bank, they are supposed to send something to Chex systems saying I’ve paid in full. My question is wont the debt agency send that same report? And if they do dosn’t it just make ALOT more sense to settle with the debt agency at a discount then pay BankofAmerica (who were VERY RUDE). The lady called me a deadbeat. I accept that I made mistakes, and I want to correct them.
Strategically does it make sense to give the Bank the money, despite the fact they’ve already sold the debt?? Effectively there making money of my mistakes!