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Wow A collection agency that did what they said.....Jefferson Capital Colection

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Anonymous
Not applicable

Wow A collection agency that did what they said.....Jefferson Capital Colection

This company sent me a payment plan/credit card offer, On one of my debt the deal was

Pay a certain amount upfront 100.00 and they will discount 92.00 and leave me with a balance of 120.00

I just got the credit card today through  Montgomery Bank....

 

I have a small Credit Limit of 150.00 with the 120.00 Balance, I will pay this down before I as the utilization rate is high on this card..

But the point is they followed through..

So i have another trade line on my CR without having to go through the application and credit pull

Message 1 of 5
4 REPLIES 4
AndySoCal
Valued Contributor

Re: Wow A collection agency that did what they said.....Jefferson Capital Colection

What happens to the account after you pay the balance in full ?

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash+ 12,000 Citibank Custom Cash 5/2015 11,100 C State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Quorum FCU State Department FCU State Department FCU Pelican State CU Redstone FCU

Message 2 of 5
Anonymous
Not applicable

Re: Wow A collection agency that did what they said.....Jefferson Capital Colection

It is part of my credit limit
The balance will be zero
If I pay it next week
Message 3 of 5
AndySoCal
Valued Contributor

Re: Wow A collection agency that did what they said.....Jefferson Capital Colection

Let me reask the question since I did not make myselt clear. After you pay off the balance in full does the credit card remian open?

 

 

 

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash+ 12,000 Citibank Custom Cash 5/2015 11,100 C State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Quorum FCU State Department FCU State Department FCU Pelican State CU Redstone FCU

Message 4 of 5
Anonymous
Not applicable

Re: Wow A collection agency that did what they said.....Jefferson Capital Colection


@AndySoCal wrote:

Let me reask the question since I did not make myselt clear. After you pay off the balance in full does the credit card remian open?

 

 

 



Yes the card stays open, it is a bonified credit card

Message 5 of 5
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