Long story short...My wife had a Verizon wireless account for about 8 years. A few years back she went to work for a company that would pay for her cell phone all she need to do was add them to the account. Well about a year and a half ago she left the company and took them off the account. She never changed plans and never got a new phone. I switched her to my Sprint account to consolidate our bills, before I did ths i asked her if she was under contract she told me know. Well apparently any changes to the account regardless if you got a new plan or phone and she was under contract. So the billed her $225 or something like that. she has been fighting the good fight for about a year now ..letters to the BBB the attorney General, Governor everyone, to no avail. It is showing up on her credit report.... I just got a letter that the will accept $100, only until the end of the month. I want this done with and off her CR I called them and they said that they will not negotiate that. What am I to do ...should I just pay it AL
I'd pay it since your probably breached your contract. Plus $100 collection accounts shouldnt show up in your credit. Usually at least $250-$500 min
That's up to you. Paying it isn't going to get it off her credit. Its stuck there for the next 5 years or so. Stopping the phone calls is no problem and in another 4 months or so they can't legally file suit on her to collect the money but they can keep on sending letters forever. They can simply sit back and do very little to collect and let the debt get larger and larger as time goes on and whenever it gets right up to whatever the statute of limitations is in your state then file suit hoping neither you nor the judge realizes that the statute of limitations on cell phone bills is only 2 years. If it was me I'd let them play their little games until they either got stupid and filed a lawsuit or the full 7 years ran out and in the meantime hope they made a couple of mistakes and then I'd sue the daylights out of them. I've got a situation somewhat similiar to yours. I cancelled my land line and waited for the final bill to come when I figured I'd pay it and be done with it. When the final bill came it was from a debt collector. I sent a validation letter and they came back with a full accounting. I'm not going to pay it, not to a debt collector I won't. Of course it will be on my credit report but I could care less since I now have excellent credit on my corporate credit. I am getting offers of unsecured credit ranging from $5K on up to about $15k unsecured now and I just ignore it all. That kind of credit is peanuts and I'm after much bigger game than that. I'm not rich by any means but I don't really need any credit right now and with the economy looking the way it does I don't want to get into debt then have the economy fold on me and I end up deeply in debt and no way to pay it off. I'll just keep on plodding along and building up my corporate credit with no risk involved, no personal guarantees put up and build my savings at the same time.
