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Do I need to pay PRA Grooup???

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  • Do I need to pay PRA Grooup???

    Had around 9000 owing to MBNA of which I had entered an agreement (with MBNA) to pay off every month (around 250) and they in turn froze the interest.

    Since then, PRA bought the debt, and I have continued to pay them 150 per month ever since.

    Do I ACTUALLY need to continue paying this, and what happens if I just stop? What could PRA then do to me?

    Please help!

    Thank,

    Alex
    Tags: None

  • #2
    Re: Do I need to pay PRA Grooup???

    Good morning Alex, welcome to LB,

    Given the general mood in the debt purchase industry, it's likely that PRA would issue a county court claim if payments cease, alternatively it could sell the debt on.

    nem

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