Should I pay the money to collection agency?

If a collection agency has it, it is already noted as such on your credit report. Eventually it will go to a collection attorney who will enter a judgement against you. It may or may not die at that point. But more fees will be added.

If it is a legitimate debt, then pay it.

Quote from slipgate : If a collection agency has it, it is already noted as such on your credit report. Eventually it will go to a collection attorney who will enter a judgement against you. It may or may not die at that point. But more fees will be added. If it is a legitimate debt, then pay it.

If they dont have his SSN its not likely on his credit report.

$60 is not likely to go to court.

That being said, it was OPs responsibility to understand the terms of the agreement. He should probably pay.

Contact the collection agency and tell them you're willing to pay the debt if they remove this collections item from your credit report. Make sure you get that in writing before you pay them a single penny.

If they're not willing to do that, tell them you'll pay them but you want something in writing showing that the debt has been paid in full. Again, make sure you get that in writing before you pay them a single penny.

You can also try to negotiate the debt. Just be nice to the rep and they'll work with you.

Tell them you feel that the company misled you about the additional charge. Also say that you can't afford to pay $60.

They'll probably settle for much less. Collection agencies buy debt from other companies for pennies on the dollar.

They probably pay something like $5 or $10 at the most for a debt of $60. They might be happy to get $30 or even $20 from you.

pay it only if they will remove it from ur credit report

If you don't mind sharing, what was the product? It would be good to know which of those infomercials are doing business like this...

Quote from flatlight : [IMG]

I can't read it..

Quote from flatlight :

Comes off blurry if you zoom in only a little, otherwise hard to read on normal print. Can you resubmit?

Quote from gets : Comes off blurry if you zoom in only a little, otherwise hard to read on normal print. Can you resubmit?

Quote from flatlight :

http://3.bp.blogspot.com/_taPcPX6...ionBig.gif

Quote from Brian1 : Contact the collection agency and tell them you're willing to pay the debt if they remove this collections item from your credit report. Make sure you get that in writing before you pay them a single penny. If they're not willing to do that, tell them you'll pay them but you want something in writing showing that the debt has been paid in full. Again, make sure you get that in writing before you pay them a single penny.

Good point.

Quote from Paul79UF : You can also try to negotiate the debt. Just be nice to the rep and they'll work with you. Tell them you feel that the company misled you about the additional charge. Also say that you can't afford to pay $60. They'll probably settle for much less. Collection agencies buy debt from other companies for pennies on the dollar. They probably pay something like $5 or $10 at the most for a debt of $60. They might be happy to get $30 or even $20 from you.

Didn't know i can negotiate it, thanks.

Quote from DealMeN : If you don't mind sharing, what was the product? It would be good to know which of those infomercials are doing business like this...

"Zquiet" for a family member. Was uncomfortable for them so ended up in trash.

Thanks for everyones input. How long would it stay on my record for if I dont pay it? I need to apply for another credit card soon so im thinking to go with negotiating it down just to stay on the safe side.

Quote from koraplaya : Good point. Didn't know i can negotiate it, thanks. "Zquiet" for a family member. Was uncomfortable for them so ended up in trash. Thanks for everyones input. How long would it stay on my record for if I dont pay it? I need to apply for another credit card soon so im thinking to go with negotiating it down just to stay on the safe side.

https://www.zquiet.com/B4/?&referrer=zquiet.com

That's odd how that url formatted, but it's not a referral link where I get paid anything for it. It comes up like that by itself.

It has this in very tiny print, where they know people won't see it:

*Includes S&P. Pay only $59.95 after
30 nights of quiet, restful sleep.

OP, these can work, however you have to slowly get used to them. Basically, you start out by only using it for a short time. Then, as you build tolerance, you wear it longer and longer. Also for some people, they really build up a LOT of saliva, and that can get messy.

Depending on the situation, you might want your family member to be checked out for "Sleep Apnea". If they have that, and get a C-Pap device, that might be enough to "cure" their snoring issue.

Quote from koraplaya : Thanks for everyones input. How long would it stay on my record for if I dont pay it? I need to apply for another credit card soon so im thinking to go with negotiating it down just to stay on the safe side.

Seven years.

It's not worth $60 to ruin your credit. If they won't budge, just pay the $60 in exchange for either a removal of the item from your credit report or, at least, proof that the debt has been paid in full - either of which needs to be in writing.