Tossed_Salad_Man again.
Anything up to 120 days past due in generally in house collections. Meaning the original creditor still has this debt. MY knowledge is from the debt being charged off and sent to a collection agency.
Before a creditor will charge off a debt generally it has do go past 180 days past due.
Many of the tactics I discuss are only for debts that are being collected by an agency that has bought the charged off debt.
Asking an original creditor to validate the debt won't work because they ARE the entity in which you entered a contract. Once that debt is charged or written off is when you can begin maneuvers like I have touched on.
Original creditor's have past due desks. I'll try to explain.
30 days
60 days
90 days
120 days
SOME may have a 180 day desk but thats when it becomes a charge off.
Say you are 30 days late and make a payment, it leaves the 30 day desk. If you don't make a payment it moves on to the 60 day desk, and they will harass you and if you make a payment it will get tossed back to the 30 day desk, or may make it out of the "collections" area, but unless you can make a huge enough payment to get you back on track you will just stay in 'collections" and keep accruing fees/charges.
Sounds like you are dealing with a 30 day desk. You pay a little and keep winding up back on this persons desk, because you are still past due, and late/over limit fees are accruing.
IF this is a debt you want to satisfy you need to contact the company and make some sort of agreement and have that agreement in writing.
Anything done on the phone is only delaying things.
Tell them you wish to rehabilitate your account, and you desire to satisfy the original contract.
OR
Walk away.
If they contact you, hang up, shred letters, and just ignore them.
EVENTUALLY the debt will be come a charge off. Then the debt will be sold to a collection agency or a Junk Debt Buyer, and generally those are the companies that violate the FDCPA constantly.
The tactics and maneuvering I talk about is essentially what "credit repair" companies charge thousands for.......and it does NOT always work.
YMMV.
Also to go the route I did, purposely you need at least 18 months that you can stand bad credit.
I make it sound easy and people read what I say and get all FUCK YEAH FUCK CREDIT CARD COMPANIES WOOOOO, but it is a long and arduous road and there have been some that do NOT come out unscathed.
Paying your bills is the ideal solution. I had time to kill, wanted to see if it could be done, and i made it, and came out with a little extra money for my time and trouble. Some people make a living doing this, but it really is aggravating and is not a quick and easy solution.
Contacting your creditor and discussing rehabilitation or curing of a past due account is best for all parties, you just need any agreements made in writting.