Does a collection agency have to accept partial payments?
You may request a payment arrangement if you are unable to make payment in full. Make the request in writing and keep a copy for your records. The agency is not required to accept a payment arrangement, but many will try to work with you if you explain your situation. DO NOT MAKE AN AGREEMENT FOR MORE THAN YOU CAN AFFORD TO PAY JUST TO GET THE COLLECTOR TO STOP CALLING YOU. Also, be careful to send your payments directly to the collection agency. Sending them to the original creditor may make them late, and the collection agency may cancel the agreement. 14. Must my agreement with the collection agency be in writing? Neither you nor they are required to sign a written contract, but either of you may ask the other to sign. If there is no written contract, and the collection agency doesn’t want to sign one, you may protect yourself by writing them a letter (sent by certified mail with return receipt) stating the terms you have agreed upon and enclosing your first payment. Tell them in yo
