poor lamb
I ran into a acquaintance of mine at a local tavern the other day. He was very excited to tell me that he just had satellite internet installed, and was going to get Netflix, and would also be abl...
Forum Discussion
I talked to the poor lamb yesterday. He cancelled his debit card, and then called Viasat and told them to come and get their equipment.
gaines_wright wrote:I talked to the poor lamb yesterday. He cancelled his debit card, and then called Viasat and told them to come and get their equipment.
Though your friend may ultimately get away with the credit card thing and cancellation, you may want to advise him to send back the required equipment when he gets the return kit, as one thing they aren't going to do is "come and get their equipment", and he'll be in collections for it before he knows it.
People need to pick their battles, and the equipment one he'll lose. Though they may back down on the contract, they won't on the cost of the equipment. Doing things under the table won't save him from that.
Cancellng cards or any refusal to pay will also put them into 'collections' and usually results in a bad mark in one's credit rating.
MarkJFine wrote:Cancellng cards or any refusal to pay will also put them into 'collections' and usually results in a bad mark in one's credit rating.
Evidently this person works "under the table" and doesn't care about their credit rating. It's possible that they'll forego the contract, but the cost of the equipment is another thing. Whether he'll rest on "come get your equipment" or return it as alluded to in the original description of such only he can decide.
With that said, when someone refuses to pay at the beginning the chances of them allowing that contract to end is less. Those who have been allowed to break their contracts tend to be those who don't slam the door right off the bat.
People never realize how much they hurt themselves by their actions until it's too late. Restraint often saves the day.
MarkJFine wrote:Cancellng cards or any refusal to pay will also put them into 'collections' and usually results in a bad mark in one's credit rating.
That seems to be the general consensus. But does anyone actually know anyone to who this actually happened?
I know one person who didn't pay the ETF, and had no repercussions.
I wouldn't be suprised, with so much deceptive marketing going on, that so many people are canceling satellite ISP contracts without paying an ETF, that the lenders are just ignoring it. Similar to 40 years ago when medical labs and xray places would collect from your insurance, and then try to collect the full amount from you also.
I actually had fun when a collection agency would call, after talking to me one time they wouldn't call back again. Especially, after talking to my Credit Union who told me: " Oh, we know that stuff is going on. We won't even consider it when looking at your credit."
Of course, at lot of things have changed in the last 40 years.
gaines_wright wrote:I wouldn't be suprised, with so much deceptive marketing going on, that so many people are canceling satellite ISP contracts without paying an ETF, that the lenders are just ignoring it.
Neither lenders, nor credit rating agencies, ignore someone having a debt placed into collections. As well, neither cares what the debt collection is for. When it's present it affects, and will continue to do so for quite some time. Unless someone has a legitimate excuse and successfully fights to have it removed from the record, which is both time consuming and emotionally draining, it affects their credit for years.
