If you are hiding from old debt, consumers beware:

Discussion in 'Credit Talk' started by init2winit, Aug 9, 2007.

  1. init2winit

    init2winit Well-Known Member

    This is an excerpt from a website I found on skip tracing


    HOW DOES IT WORK?
    Unlike other skip-tracing services that provide access
    on a transactional basis, Teletrack uploads all of the
    accounts in a particular debt portfolio. Then, when a
    consumer applies for goods or services at any of our
    subscribing businesses, an inquiry is generated which
    checks every record in your portfolio. If any incoming
    Teletrack record matches an account in your portfolio,
    our customer service representatives immediately
    contact the business to verify the incoming information
    as new, accurate, and complete. We then forward this
    new information to you in real-time.
     
  2. Flyingifr

    Flyingifr Well-Known Member

    The Credit Bureaus have been offering this same service to their subscribers for at least 30 years. There is absolutely nothing new in what this company does.

    If you are determined to skip out on y0our debts, the only way to pull it off is to STAY OFF THE RADAR SCREEN. Don't

    Apply for credit
    Apply for a new bank account
    Apply for any store discount cards
    Send in any Manufacturer's Warranty Cards
    Provide your name or address to any company at all that you do not work for.

    In my post "Frustrating the Skip Tracer" I provide a lot more information about this. That post is on CN and also on Debtorboards (the DB version is more current and updated).
     

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