Then the debt collector will have to use that if the original lender didn’t add a default, you can ask them to add one.

Then the debt collector will have to use that if the original lender didn’t add a default, you can ask them to add one.

There isn’t any regular or minimal payment per month to an overdraft, so that the idea of “3-6 months in arrears” does not really occur. You might have abandoned a merchant account with an overdraft and switched to utilizing a unique account, but {until you told the financial institution this and asked for an arrangement to settle it (it(for example in a debt management plan) the bank may not have been able to tell unless you told the bank this and asked for an arrangement to repay. Continue reading Then the debt collector will have to use that if the original lender didn’t add a default, you can ask them to add one.