Settled a debt-but haven't recv'd a settlement ltr but.? I've just settled the later of my outstanding debts so that I

I've just settled the later of my outstanding debts so that I can have a swift rescore done on my credit report. The collector said they would fax me the settlement letter after they received my funds but I haven't on the other hand received the letter and they won't return my call. Funds were taken out of my vindication a week ago. How long by law do they hold to wait previously sending me this settlement letter?

Answers: I believe you hold to wait 21 days and next call them rear for them to send a memorandum. Make sure you keep your guard statement/credit card statement as proof that it was compensated. If you still get nowhere near them just contact the credit bureaus, show them proof that it be paid and they will update it.

Now you pray to God they truly settled your account.

You should NEVER tolerate them deduct money from your side. You send them a check or money demand.

You should NEVER pay them short the agreement in writing first. Collection agencies are infamous for renigging on verbal agreements. The reality that they won't return your calls is a devout indication that you are now going to receive another bill from them. I'd also put a hold on your checking vindication so they don't do some other withdrawals on you.

Call them again on Monday. If you procure no satisfaction, directory a complaint against them with the Federal Trade Commission. (link below) Check your state attorney generals department for consumer complaints. You should also file a complaint near your state since the collection agency is doing business in your state.