account opened in 1989 went deliquent in 1993 just received call from collection agency that bought the debt they say they will putt this debt on my credit report and charge interest untill i pay i have pretty good credit now score is 735 will this affect my score?
Delinquent in 1993? Put it on your credit report now? What did they want, an immediate payment? Your bank account number to do a phone check? They are threatening to take an action they cannot legally take. FDCPA violation. Read FDCPA, and FCRA. How did they contact you? By phone? Any letters? Did they send you a letter within 5 days of first contact notifying you of your right to dispute? Did they say when it was delinquent? What excuse did they give you to claim it could be put on your credit report? They lie. What else will they lie about? What other violations will they rack up?
i was contacted by phone i asked when it went deliquent they said 1993 i bought a home in late 97 and it showed on my credit as a charge off can they keep adding interest on this or are they trying scare tactics i asked about sol and they said that was only if they sued me but what else can they do this was 13 years ago i have decent credit now will this hurt me or is it too old
question sol credit card debt i was contacted by phone i asked when it went deliquent they said 1993 i bought a home in late 97 and it showed on my credit as a charge off can they keep adding interest on this or are they trying scare tactics i asked about sol and they said that was only if they sued me but what else can they do this was 13 years ago i have decent credit now will this hurt me or is it too old
question sol credit card debt i was contacted by phone i asked when it went deliquent they said 1993 i bought a home in late 97 and it showed on my credit as a charge off can they keep adding interest on this or are they trying scare tactics i asked about sol and they said that was only if they sued me but what else can they do this was 13 years ago i have decent credit now will this hurt me or is it too old
question sol credit card debt i was contacted by phone i asked when it went deliquent they said 1993 i bought a home in late 97 and it showed on my credit as a charge off can they keep adding interest on this or are they trying scare tactics i asked about sol and they said that was only if they sued me but what else can they do this was 13 years ago i have decent credit now will this hurt me or is it too old
question sol credit card debt i was contacted by phone i asked when it went deliquent they said 1993 i bought a home in late 97 and it showed on my credit as a charge off can they keep adding interest on this or are they trying scare tactics i asked about sol and they said that was only if they sued me but what else can they do this was 13 years ago i have decent credit now will this hurt me or is it too old
question sol credit card debt SOL is only if they sue you. As you can see, they know they have little legal leverage, and that is when they use threats and BS. But if they can't sue you, and they can't put it on your reports, they can't do much to get you to pay other than ask. They can't even legally threaten to do anything they can't legally do, such as threatening to put it on your reports when they can't legally do that. Under FDCPA, you have the right to tell them to C&D all contact. You can in that same letter tell them that, as they have admitted, the debt went delinquent in 1993, and is past SOL, and that their threat to put it on your reports is a violation of FDCPA. Send it CRRR, so you can show they got it. If they continue to harrass you, you may have to sue. You can also add FTC and AG complaints. Whatever practices they use on you they are likely using on others.
