I called Sherman today to find out why they are reporting a $402 account as being mine. I stayed on the phone for over an hour listening to this over and over again:
Due to increased call volume, your estimated wait time is greater than 90 seconds. If you would like to continue to hold, press 1, if you would like to leave a message for a callback, press 2, thank you.
If you press 2, it says Mailbox full, and won't allow you to leave a message and then hangs up on you.
So I called back and waited and waited and waited...
Finally I got an operator on the phone.
She said the debt was purchased from AT&T Communications, and it was for a calling card from 1993. She said her information listed a last payment of July of 1993. I asked her how this could be on my credit reports when it is FAR past the 7 year reporting.
Her exact answer was "It reports until 7 years from the date of chargeoff". Since the account was not charged off, it will continue to be reported.
I asked her what I needed to do to have this removed. ( I hinted towards here sending me a fax number) so that I could dispute it like that, but she said I would have to write to:
Alegis Group LP
P.O. Box 10497
Greenville, SC 29603
Attn: Dispute Department
This is crazy, I am calling Equifax right now to dispute it again! They have already verified it once!
I also found out that Sherman has affiliations with OSI, Gulf State, Alegis Group, Resurgent Capital Services and Radian.
Here are a few websites: