I sent PRA a DV letter requesting the breakdown of the balance they say I owe on two separate accounts. Initially they sent me a letter just basically rehashing what is stated on the credit reports. Shortly after they sent a statement from 2013 and 2014 for one of the accounts. Okay this is where I get confused... the amount listed on the most recent statement they sent (2014) has a different balance than what is reporting. Also in reporting to the CRA they state that the original balance was $1,374 but the current balance is $1,348 as if I made a payment to them. I have never made any contact with PRA, prior to seeing them on my CRA recently and sending the DV. I never received a notice in the mail or only recently realized that it was them that was constantly calling my phone and hanging up. I have no problem with paying but I want to pay the correct amount. Since I have begun this argument with them and I am sort of afraid that they will sue as retaliation for me "fighting back." Along with the two statements they sent me a credit card agreement dated 2012, which does state arbitration is an option under FAA. What should I do? Do I just sit and wait? They have not sent any documentation for the other account. I'm sort of nervous now.
***Gardening 3/29/2018 until 9/25/2018***
Thank you so much for replying!!! I just want someone to talk about this with as I am pretty much dealing with it alone. It's not a matter of legitmacy but more so the fact that I don't want to pay more than I have to. I think they should be required to give me a breakdown of how they arrived at the amount they did. Since they are using the statement to "verify" the debt then they should be able to tell me why the amount listed on the statement is less than what they are saying that I owe. If it is fees then tell me so. You said they you moved on so did you pay them or are you just waiting them out? Thanks again for sharing your experience.
Since these accounts stem from credit card accounts from 2013, I no longer have any statements to provide to them especially since I no longer lived at the address they were continuing to send statements to. I'm at their mercy it seems but I would think it would be simple to just give me the breakdown if the amount they are trying to collect on is infact legit. It seems like that shold be a consumer right. No one pays for anything without getting a breakdown of fees included in an amount, whether it is for a auto repair or paying for any other service or good. This is ridiculous!
I understand perfectly what you are saying. I have paid others that I owe, even those that will not delete but PRA sort of rub me the wrong way. They were very accusatory when talking to them on the phone and kept asking questions trying to get me to admit certain things when I explained that I never received a notice. Hopefully they will not try and retaliate and I can let this one sleep for a minute while I take care of other things. They are the only one that I owe currently but I am trying to work on getting some lates removed or tradlines deleted all together since I have since settled the accounts.
I'm in TN so the SOL is 6 years. I still have 3 years to go. It is my understanding from reading old threads on this board and others that PRA will not PFD. So my only option is to try and settle or hope my some miracle they delete the collection altogether, which will probably never happen.
I think it is unfair for a debt once paid to follow you for seven years. I think it should stick around for no more than a year once PAID. Companies default on payments all the time and are constantly awarded with bailouts and second chances. I make a mistake and fall on hard times and I have to pay for 7.5 long years.