My husband and I are currently in the process of purchasing a new home. A few months ago I was going through the re-build process.
Anyway, I started receiving calls from a company called Southwest Credit Systems and they said I had an outstanding debt form Regions Bank (our old bank) turns out it was for an overdraft for some things that went through after we moved all our money to our new bank. It ended up being about $600.00. This was not on our credit report and I knew it was legit. They offered a settlement for about half of that so I went ahead and paid it to avoid any issues popping up on my credit report.
Stupid me did not get a receipt just did it on the phone. After everything I learned and had already done to clean up my credit I really should have known better.
Fast forward to today. I just receiving a dunning notice a collection agency called EOS CCA??? Offering me a settlement of $83.77 for 279.24 for their client Regions Bank. So I'm thinking this is the other half of what I paid Southwest Credit Systems.
Being that I was an idiot and did not get anything in writing,d o you think that I should just go ahead an pay the settlement so it does not show up on my credit report. Or do I have any recourse. I have my bank statement showing where I paid SW Credit back in October but nothing in writing saying that it was a settlement on the $600.00
Thanks for any help!
Starting Score: 553
Do you know who you spoke to when you made the agreement on the phone? If you have their name, they offered a settlement, you accepted, then I would think you have a verbal contract. Can anyone else chip in????? Best wishes!
Yes I do have it all written down in my notebook. I planned on calling tomorrow and ask them what the heck is going on.
