10-09-2012 06:57 AM
So I spoke with midland funding a couple weeks ago and worked out a payment plan for a credit one card that went to collections. They were supposed to take the payment out on the 2nd, but didn't. Should I call them to be sure they are still willing to do the payments? Anyone else have experience with them?
10-09-2012 10:01 AM
Midland is a pain in the butt, yes contact them.
10-09-2012 02:50 PM
Do you have formal written agreement for your plan? If so, you have a contract that they must comply with.
If not, then you dont have clear evidence of agreement until they accept a payment.
You have, in my opinion, a hanging issue as to whether you have a valid payment plan agreement. Yes, I would contact them and inquire as to whether or not they have accepted your agreement. Until then, you are left hanging....
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO