Global Credit & Collection Corporation Debt Collection Complaint

Credit card False statements or representation attempted to collect wrong amount

Global Credit & Collection Corporation Debt collection department,

Credit card False statements or representation Attempted to collect wrong amount Pennsylvania

Unfortunately, I had lost all sources of income and fell behind on my bills. - credit card in particular, - bank unfortunately defaulted. During this time, I had applied for social security beneftis, and after the default, I was approved. Once my income was secured I called up the collection agency handling the account to resolve my debt. They had agreed to a settlement amount of $2300.00 vs. the balance of about $3100.00. I still only receive $ - month so I asked if I could pay what I could afford toward this settlement amount. They said I could, and I provided my account and routing number to establish a routine transaction. Six months later, I find out that they are not willing to honor the settlement agreement.

Global Credit & Collection Corporation customer in Pennsylvania
Nov 12, 2015

* Source: CFPB Complaint Database

Global Credit & Collection Corporation response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Global Credit & Collection CorporationComplaint HistoryComplaints11/20131/20142/20143/20145/201410/201411/20142/20154/20159/201511/201500.511.522.533.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Global Credit & Collection CorporationFalse statements or representation38.5%61.5%ClosedClosed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageFalse statements or representation3.9%77.5%2.6%13.4%0.6%2.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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