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__0 wrote

I think they are more into sending unpaid stuff to a collections agency, instead of disabling IMEI but idk depends on the country and circumstances. One think you could do is ask them over the phone if they can negotiate anything, or better yet start trying to negotiate over them over mail, maybe claim that it has some issues and you want a discount etc, or it wasn't as advertised, honestly if you can try to baffle them sometimes you can get away with free stuff or them apologizing, usually they are more interested in giving free or discounted service instead since that's where they make most of their profit... One other thing is that if companies don't respond in a reasonable time to confirming debt it can be erased (this is a very particular process but I know someone who negated close to $9000 dollars in debt by mailing the people he owed debt to repeatedly, if you plan on taking debt on that could get you ahead but it's a very particular and stressful process and I think it's much less of a thing now due to automation.

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__0 wrote

Basically debt gets sold to collections agencies who are much more situated to hound people for payment, but often they don't really understand how the debt has validity in same way as the original person you were debted to. So if you ask them to confirm the debts validity to you over letter mail, and they can't prove the debt ie. They don't respond in time the debt becomes invalid. this is to prevent collection agencies from falsely claiming debt etc.

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GoodOldWorkingClass wrote (edited )

They don't respond in time the debt becomes invalid

The debt never becomes invalid. If the original creditor or the collection agency don't respond in a certain amount of time, all it means is they've let the statue of limitations expire on your case. That is, they can no longer sue you for the debt (more precisely, the courts will no longer consider a lawsuit case).

debt gets sold to collections agencies ..., but often they don't really understand how the debt has validity in same way as the original person you were debted to

It's the people in debt who don't understand this, and collection agencies do a poor job of explaining to them that the original creditor has sold (re-assigned) their debt to another party, which they can do as it's part of the original credit agreement you would've signed.

Collection agencies are largely unregulated so they're free to resort to any collection tactics they see fit. Their most popular tactic is to claim to represent the original creditor, instead of explaining to the poor debtor the truth: that the original creditor has washed their hands of the debt and that they now owe the debt to a collection agency.

More importantly though, collection agencies never provide proof of the debt. If you were to challenge a negative item item on your credit report, the collection agency that put it there would simply respond with "Item is correct" to the credit bureau, and that's it. Item stands. In other words, the credit bureau simply takes the collection agency's word. There's never any debt verification by anyone. You've been had from the moment you gave up your personal data when you signed up for the original credit.

Once they have your info, they can do as they want with it. Be careful whom you give your info out to.

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theremedyman wrote

Go on credit karma in a few months and dispute the debt as fraud. You'd be surprised at how often this works

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Demona wrote

In my experience they usually do lock a sim card phone, at least i know they will for phones. Also on the topic of credit repair/erasing things, there are some forums that are good at explaining how to go about it. Ive had nearly half of the negative things on my credit report removed using their methods. creditboards.com and creditinfocenter.com

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