Credit card payment..was it a scam?

I got a Macy%26#039;s card when I was young and naive. But now I%26#039;m trying to fix my debt. I didn%26#039;t pay the bill and the account was closed and went to a collection agency (Titan Management Services) and the creditors are FDS Bank/Macy閳ユ獨. They sent me a letter offering me a settlement for $208. But the collector also said if I paid it off in full ($400 I owed) I would receive a new card within 30 days and it would say on my credit paid off.

Do you think she was just BS%26#039;n me so I would pay the full amount? (I did anyway)

Credit card payment..was it a scam?

you got riped it will still show in your credit.

Credit card payment..was it a scam?

Well, you didn%26#039;t pay so I say NO

Credit card payment..was it a scam?

No, they did it because they know you%26#039;ll take that Macy%26#039;s card and spend even more with them.

You already did the first thing right (paying it off) now cut up that card when it arrives! (Don%26#039;t close the account because it looks bad on your credit.)

Credit card payment..was it a scam?

I would not settle for $208. It will always say on your credit report, %26quot;settled for less than the amount owed%26quot;. It will always be a black spot on your report. Because $400 is not THAT much, you might as well pay it off in full. In terms of the credit card offer, they cannot do that. They are a collections agency, not a credit extending agency. She was likely lying to you so she could get you to pay in full. She may get some sort of %26quot;reward%26quot; at work for everyone she gets to pay in full.

Credit card payment..was it a scam?

The collection agency was real. I think they say that to collect the full amount. That happened to me. Be sure that you get a letter saying that the account was settled or they my try to collect later. If they do you do not have to deal with a collection agency. Tell them that you will deal with your creditor. Then send the collection agency a letter and tell them to SASE and desist. There is no law that says that you have to deal with them