Will paying a debt cause creditors to call me?

Is it normal to start getting phone calls from collectors when you start paying off your debts? Absolutely. This is because creditors monitor your spending, and if they see that your debts are being paid down, that means that you could have the money needed to pay their requests, too.

Whenever you pay one creditor, it is not uncommon for others to redouble their efforts to make you pay them as well. That’s not something that has to be bad. In fact, it can help you identify who you still owe money to and even give you a way to negotiate lower costs with them.

It’s not likely that creditors will contact you just because you checked your credit report online or were making another kind of soft inquiry. However, creditors do check individual reports once in a while to try to make collections. This is why you may seemingly suddenly receive a call out of the blue, when you hadn’t been receiving calls for some time.

Knowing that you’re going to be in contact with your creditors can be helpful, even if you don’t want them calling your phone constantly. If you’re working with an attorney, that’s a good time to refer them to him, so you don’t have to worry about getting calls at home or work. When your attorney is working with you, you may be able to use the information from various creditors to find a way out of debt or to arrange a beneficial bankruptcy plan that is likely to be accepted by the courts.

Source: Credit.com, “If I Pay One Debt Collector, Do I Have to Pay the Others?,” Gerri Detweiler, Oct. 02, 2015