Why do they do that?

Discussion in 'Credit Talk' started by Berru, Jan 4, 2011.

  1. Berru

    Berru Well-Known Member

    Why would a collection company not accept a payment by deletion for $80.00. How does reporting the dept benefit them? I guess I don't get it? If all collection agency's did this wouldn't more people pay? Again How do they benefit from keeping it on after you pay.
     
  2. sparq

    sparq Well-Known Member

    I'm guessing that their logic is that by keeping it on your record, it will "deter" you from going delinquent again. Or maybe it raises red flags at the CRAs if a given CA pulls back too many debts.

    Either way, nobody ever accused CAs of being logical or well-balanced. :)
     

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