StudentUnaware
New Member
Ok so heres the story. My roommates mother signed him up for a HSBC credit card a few years back. He screwed up and defaulted on it (totally his fault I understand that). By the time he and I moved in together it had been two or three years and I started getting on the ball of helping him get his credit cards in order and everything.
3 years ago- We offered a payment of $185. They accepted, took it out of the bank account but then told us they never did and demanded we send them a money order for the amount. Ok so we disputed the charge at the bank, then sent them the money order. They did not count us making a payment on his card at all.
since than till now- We've kinda been playing "tag your it" with who has a job or not the past 3 years since then... there hasn't been a point in time where both of us had a job at the same time. However me being still determined to help pay off the card managed to set aside $100 or so every couple of months. We tried to contact the collections company that had his card at the time and offered them a payment of $100. Every single time they have said "no, we need the 3000 in a lump payment" and then hung up on us.
now- the most recent collection agency is taking my roommate to court for the $3000, which would almost be paid off by now if they had taken the $100 payments from us for the past 3 years.
My concern is that right now we are on food stamps, rent assistance and power assistance. So we really don't have the $3000 nor the money for court cost. They are constantly telling us that we are refusing to make a payment when really its just we arn't making the payment they want.
I heard from somewhere that in North Carolina a collection agency or credit card company can not deny payment or else it terminates the contract on their end. Is that true? anyone know?
Maybe thats why they keep saying that we are refusing payment to cover their ass on that law?
please someone give me some insight
3 years ago- We offered a payment of $185. They accepted, took it out of the bank account but then told us they never did and demanded we send them a money order for the amount. Ok so we disputed the charge at the bank, then sent them the money order. They did not count us making a payment on his card at all.
since than till now- We've kinda been playing "tag your it" with who has a job or not the past 3 years since then... there hasn't been a point in time where both of us had a job at the same time. However me being still determined to help pay off the card managed to set aside $100 or so every couple of months. We tried to contact the collections company that had his card at the time and offered them a payment of $100. Every single time they have said "no, we need the 3000 in a lump payment" and then hung up on us.
now- the most recent collection agency is taking my roommate to court for the $3000, which would almost be paid off by now if they had taken the $100 payments from us for the past 3 years.
My concern is that right now we are on food stamps, rent assistance and power assistance. So we really don't have the $3000 nor the money for court cost. They are constantly telling us that we are refusing to make a payment when really its just we arn't making the payment they want.
I heard from somewhere that in North Carolina a collection agency or credit card company can not deny payment or else it terminates the contract on their end. Is that true? anyone know?
Maybe thats why they keep saying that we are refusing payment to cover their ass on that law?
please someone give me some insight