About collection agencies

Posted by Fitz Villafuerte under Loans, Debts & Credit Cards on June 4, 2013

I read that credit card companies sell your unsettled accounts to collection agencies, does that mean that i have to pay directly to them? or to the bank? thank you




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2 Responses to “About collection agencies”

  1. Fitz says:

    No. Always pay directly to the bank, and get a receipt / certification for your payment. Let the bank coordinate with their collection agency. And if the agency is asking your for the payment, just show them your receipt / payment certificate you got from the bank.

  2. drareg says:

    Oo sa bank ka pa rin dapat magbayad.

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