Help.... Merchant's Credit Guide Company

[Jaiye]

Not too sure how to handle this... the DOLA on this account is at ten years old! The OC is American General Finance...

 

They even went as far as to offer me three "great" repayment plans of this out of SOL debt!!!

 

This is an attempt to collect a debt. Any information obtained will be used for this purpose.

 

Unless you notify this office within 30 days after receiving this notice that you dispute the validity of the debt or any portion thereof, this office willl assume this debt to be valid. blah, blah, blah

 

Should I DV these clowns or leave it alone?

I'm afraid if I ignore them it will end up on my CR and I am planning to purchase a home this summer and I can't afford any new negative activity!!!

 

Any input would be highly appreciated! TIA

[psp]

Send them Why Chat's SOL letter.

 

http://whychat.5u.com/nottoca.html

Edited January 12, 2006 by psp

[AAA]

I got a Merchant's Credit dunning letter this week also for an Ilegal Repo that BOA did to me 8 years ago. Funny they are wanting 4k more for that non-valid debt than what BOA wanted.

 

Anyways I just sent them a stern reply simply stating that the debt was not valid 8 years ago and it is well past the SOL for legally collecting and reporting and to completely cease and desist any and all collection efforts regarding that debt, and that the only other communication I would accept from them would be a letter in the mail sating that they are no longer going to bother me about this.

[Jaiye]

Thanks for the reply!!!

[Jaiye]

Got another dunn letter yesterday from these people for a Circuit City card I had when I was 19 years old... even older than the American General account!

 

Where do these people come from?

 

How do I find out the DOLA on accounts this old? Long since disappeared from my CR!!

[AAA]

Got another dunn letter yesterday from these people for a Circuit City card I had when I was 19 years old... even older than the American General account!

 

Where do these people come from?

 

How do I find out the DOLA on accounts this old? Long since disappeared from my CR!!

 

Don't even bother worrying about the DOLA, If you are sure that it is past your states SOL for collecting and past the 7 yr mark for reporting, just send them a firm/confident letter stating that it is past SOL for collecting and reporting and to completely cease and desist any collecting efforts on the account.

 

They are not giving you detailed info so don't go and give them any. Actually it is up to them to provide the details and proof - not you.

 

ETA I should point out that your letters atleast need to be Certified Mail so you have proof that you sent them a C&D, of course Return Reciept Requested is even better.

Edited January 13, 2006 by AAA

[psp]

You have opted out, right?

[Jaiye]

I have opted out!! That's why I don't understand where they're coming from!