Can a debt collection agency change the terms of a settlement offer after it is accepted?
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First things first - we took out a payday loan, couldn't afford it, and it went to collections. They served us papers for a suit and we called to see if we could settle out of court.
They agreed to settle for $559.00. The agency is now trying to say we owe them more money. During the first call we made to them, there was no breakdown of this amount. I made them fax us a copy of the settlement agreement saying that the debt would be absolved when we paid the agreed amount. They did fax this and we made the first payment.
We have so far made 3 weekly payments of $150 each on time as agreed. When we talked to them today and made the 3rd payment, they said that we still owe them $252. When we asked why, they said it is the remainder of the original amount, plus extra filing fees/legal costs. This was never disclosed at the time we agreed to pay, and is not on the faxed agreement we have.
Is there anything we can do about this?
P.S. - We live in Idaho, if that is pertinent.
Can a debt collection agency change the terms of a settlement offer after it is accepted?It depends on the fine print. Read it carefully, it might give them more flexibility than you realized.
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