Question I paid off a debt collector. Will I be able to sign up for service again.

Mar 26, 2021
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I owed Verizon 1504 back in 2011. Ive Been getting letters from a debt collector and I decided to finally pay it off since I had the money. The debt collector offered me a settlement and since it was less than my original balance I decided to take it. i paid $504. I got everything written on paper as proof.

the dept collector said they will zero out my account once the payment process and promptly update my credit report and Verizon.


my question is if I ever decided to join Verizon again can I? will Verizon accept me even though I took the settlement offer? Or am I banned from Verizon Forever? if I try to sign up will my old account pop up and the balance be zero out?
 
Mar 26, 2021
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That is completely between you and Verizon.

None of us out here work for the accounts dept at Verizon.
And even if we did, probably could not comment on it here.

But its probably not "forever".
Isn this a forum to ask questions? Am I asking in the wrong place? I googles verizon forums and this webs showed up
 
Isn this a forum to ask questions? Am I asking in the wrong place? I googles verizon forums and this webs showed up
"Isn this a forum to ask questions? "

Yes this is a forum where you can ask question but this is tomshardware.com and not verizon.com. People here will answer the best they can but your question cannot be answered unless you talk to a Verizon employe.

" Am I asking in the wrong place? "

Not at all. You can ask here. USAFRet gave you an answer.

"I googles verizon forums and this webs showed up "

When I google Verizon forums the first 2 results is this.

 
Mar 26, 2021
3
0
10
0
"Isn this a forum to ask questions? "

Yes this is a forum where you can ask question but this is tomshardware.com and not verizon.com. People here will answer the best they can but your question cannot be answered unless you talk to a Verizon employe.

" Am I asking in the wrong place? "

Not at all. You can ask here. USAFRet gave you an answer.

"I googles verizon forums and this webs showed up "

When I google Verizon forums the first 2 results is this.

I’m not a Verizon customer so I cannot post a question on that forum. They ask you to sign in. btw I’m just noticing the website name so I apologiz. I just saw a couple of post about Verizon and thought this was a place to ask questions
 
I’m not a Verizon customer so I cannot post a question on that forum. They ask you to sign in. btw I’m just noticing the website name so I apologiz. I just saw a couple of post about Verizon and thought this was a place to ask questions
Don't apologize for that. You can ask any kind of questions on this forum. I would recommend you call Verizon and ask to speak to someone who can give you a straight answer.
 
You can likely use verizon prepaid. It all depends on how much your usage is. All now have unlimited voice and text so if you do not use a lot of data it can actually be a lot cheaper to use a perpaid plan. Of course you must own your phone and it must work on verizon.

The thing that they may not want to let you do is finance a phone though them. They actually lose money on that if you do not pay unlike not paying for data usage.
 

hang-the-9

Titan
Moderator
I owed Verizon 1504 back in 2011. Ive Been getting letters from a debt collector and I decided to finally pay it off since I had the money. The debt collector offered me a settlement and since it was less than my original balance I decided to take it. i paid $504. I got everything written on paper as proof.

the dept collector said they will zero out my account once the payment process and promptly update my credit report and Verizon.


my question is if I ever decided to join Verizon again can I? will Verizon accept me even though I took the settlement offer? Or am I banned from Verizon Forever? if I try to sign up will my old account pop up and the balance be zero out?
There is a good chance Verizon has nothing to do with your old debt now. What happens is that after a while companies sell their unpaid debt to a collection agency that buy it for a smaller amount, then the company writes off the debt as a loss minus the money they got from selling it.
Then the collection company that bought your debt contacts you, and offers to settle for a smaller amount. Say you owe Verizon that $1,500. They sell the debt to another company for $500 or even less. Then the company contacts you and tells you that you can pay off that debt for $1,000. They made $$500 or whatever it is from just sending out a new letter to you, however they do take the risk that you will just ignore them also and lose that investment. The late non-payment will still be on your record, what will show up is that you paid off a dept.

What Verizon has in their system about you, as others have said, would need to be checked with them. Once they sell the debt you technically no longer owe Verizon, unless that collection agency was acting for Verizon, which it may have been doing.

https://www.nolo.com/legal-encyclopedia/debt-buyers-your-credit-report.html
 
I say with almost certainty:

Verizon will almost assuredly let you be their customer. They like money.
I would not count on them allowing you to do an "on lease" (type) phone payment plan along with service. They would likely require you to buy any equipment up front.
For standard service Verizon has gone away from contracts. It's a month to month is which you can either have traditional service and be billed OR have a pre paid service. According to your credit rating now, and their own practice they may even require you to go prepaid.

I will say this...where Verizon isn't the cheapest game in town, their service has absolutely worked for me everywhere I go.
 

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