vB Easy Archive - ERP Line Eligibilty

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ERP Line Eligibilty
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Posted by: kinghigh779

I went through the process to obtain an ERP Line, and it kicked me out with an email saying that they had found an old account that I had that was charged off. Says I have to pay them 300$ and some odd change to be clear and be eligible for an ERP line.

But if it was charged off I don't see why I gots ta pay it

So..just checkin with my fellow Cingular peeps to see if any of you know a way around this. probably not, but hey its worth a shot.

Posted by: Deastin

Charged Off = Sent to Collections.

Means you still owe it.

Posted by: duhrew

When a company charges off an account, they're effectively removing it from the books - they're saying that they aren't going to expend any more effort to collect because they don't want to send good money after bad. But it doesn't make the obligation go away.

It's sort of like loaning a guy 5 bucks. If he moves away before he pays you back, are you going to go to another state to get it back? Probably not. But if he swings by for a visit, maybe you'll ask him to pay you back. I know - analogies suck, but that's the general idea, anyway.

Bite the bullet and make arrangements to pay up, I guess. Me, I wouldn't want to have a bad debt to my employer hanging over my head!

Posted by: kinghigh779

eh... oh well

Posted by: shorty28

Quote:

Originally Posted by kinghigh779

I went through the process to obtain an ERP Line, and it kicked me out with an email saying that they had found an old account that I had that was charged off. Says I have to pay them 300$ and some odd change to be clear and be eligible for an ERP line.

But if it was charged off I don't see why I gots ta pay it

So..just checkin with my fellow Cingular peeps to see if any of you know a way around this. probably not, but hey its worth a shot.

don't feel bad, the same happened to me last month. i got an email saying that i had to pay a 300 dollar security deposit and the balance on another account before i can have the ERP. however, i paid off that balance in january. wtf.

Posted by: GDH

Anybody Know If Having Bad Credit Will Cause A Deposit For An Erp? I Don't Owe Cing Any Money, Never Had An Account With Them, But My Credit Sucks. Think I'll Have To Pay A Deposit?

Posted by: kinghigh779

You shouldnt have to cousin