Do I need to pay PRA Grooup???

[Alexstav]

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

[nemesis45]

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