Monarch has sent out collection notices for a $5 balance. After 3rd notice I called Monarch's collection division and was told that account would go to a collection agency.
I figure they have spent $17 on stamps, labor, and processing to collect their $5. Instead of collecting the $5 on the next visit they would send the account to collections that will show up on a 17 year olds credit.
I have to think that a reasonable person would have realized that this could have been handle better and smarter on their part. I sent the $5 so that it whole *** situation would go away as finally.
Monetary Loss: $5.