topic Re: Collections from Sprint in Rebuilding Your Credit

Collections from Sprint

aq318 — Thu, 30 Aug 2012 05:45:02 GMT

I currently have a collection from sprint for a cell phone bill of $1036. This included early termination fees, for the terrible service that I got. It says "Virtuoso CO" they can't force me into bankruptcy for this right? I mean having an account in collection has what reprecutions beside it affection your credit?

Re: Collections from Sprint

Shogun — Thu, 30 Aug 2012 10:53:29 GMT

aq318 wrote:
I currently have a collection from sprint for a cell phone bill of $1036. This included early termination fees, for the terrible service that I got. It says "Virtuoso CO" they can't force me into bankruptcy for this right? I mean having an account in collection has what reprecutions beside it affection your credit?

No.. they can't force you to BK. How old is the account? What is the DOFD of the TL? Is it with SOL? Shed some light on the situation but $1K in collections is no reason for BK.

Re: Collections from Sprint

xthatgamerguyx — Thu, 30 Aug 2012 12:38:59 GMT

I also have a collection from Sprint, which I have been trying to pay in full for deletion. They have never replied to my request but I noticed the trade line dropped off my TU report but it exists on EQ and EX stil.

Good luck to you.

Re: Collections from Sprint

acrylic51 — Thu, 30 Aug 2012 12:51:21 GMT

Chiming in a bit late.....I would deal directly with Sprint...I too had a collection with Sprint, and I called Sprint directly made the payment directly to them and they sent me a letter stating the account was paid in full, and account in good standing and removed the TL from my reports.....Less than 1 month ago!!!!!

Re: Collections from Sprint

Shogun — Thu, 30 Aug 2012 12:54:10 GMT

If you go this route ask if they'll pull it back from the CA first. Otherwise the CA can still post the TL.

Edited because I clicked post before I typed anything. It's a morning thing.

Re: Collections from Sprint

hopeful23 — Thu, 30 Aug 2012 16:08:48 GMT

I had an open account with sprint and I PFD. They came through, it was off of my credit report in less than 30 days. Good luck!

Re: Collections from Sprint

acrylic51 — Thu, 30 Aug 2012 19:46:11 GMT

I paid sprint directly after CA agency said they wanted to charge a $12.95 fee. It didn't take a week to have it removed

Re: Collections from Sprint

Jaade — Sat, 01 Sep 2012 08:21:38 GMT

What could happen if you didn't pay is that they can garnish your wages or freeze your bank account to get a garnishment with them.

I'd make a payment plan before they decide to sue you (though I'm surprised by how infrequently this happens in the real world considering what kind of money they'd be looking for).

Re: Collections from Sprint

acrylic51 — Sat, 01 Sep 2012 18:02:42 GMT

Agree they could sue, but that's a big "IF" depending on SOL.......Payment plans on an open account still wouldn't stop them from reporting deliquencies as well.

Re: Collections from Sprint

igids1 — Sat, 01 Sep 2012 21:06:41 GMT

The early termination fees are a racket! If you do not care about your credit, just don't pay it. Eventually it will end up with a collection agency. Let the account get old, and offer them 25% to pay it off. They would have to sue you, and win to be able to garnish or freeze your accounts. What state do you live in? When is the last time you made a payment to sprint?

Learn what a debt validation letter is. Send one to every Collection agency or lawyer that contacts you. For such a small amount, the odds are you will not be sued. It's possible, but maybe a 5-10% chance, as long as you answer along the way.

Re: Collections from Sprint

aq318 — Sat, 27 Oct 2012 03:48:39 GMT

Did you just call them and then they sent the letter or did you ask for the PFD?

Re: Collections from Sprint

aq318 — Sat, 27 Oct 2012 03:50:01 GMT

I know this is from awhile ago but I finally got the money.... okay who did you send the letter to? PM the address or the contact info... and maybe a draft of the letter please? and how long did they take to respond? I know im asking for a lot.... but would be of GREAT help :-)

Re: Collections from Sprint

Affalterbach — Wed, 05 Dec 2012 01:04:54 GMT

I've been trying to offer a PFD to ER Solutions but they say Sprint won't allow it. Who did you contact at Sprint to get it removed? I have no problem paying in full.

Re: Collections from Sprint

Affalterbach — Wed, 05 Dec 2012 01:49:38 GMT

I spoke to Sprint and they transferred me to "finance escalation" which told me payment in full would bring the account current and show $0 owed but would not remove this from my credit report.