Validation of debt: 7 debt validation steps to fight collection agency
Saturday, May 8th, 2010
- Proof that the CA holds your debt: You’ll get a written proof of your debt being sold off or assigned to the CA.
- Your payment history: You’ll be given a statement of your account payment history till date. This will help you to verify your total debt amount including any late/extra fees being added. You can also find out how the CA has calculated the extra fees.
- Copy of your original contract: This will prove whether or not you still owe the debt. Instead of this contract, the CA can also provide you with account statements from the original creditor.
















