Merchants Credit Guide illegal collection practice ripoff Chicago Illinois
Merchants has been annoying me with their automated messaged for a while now. They finally sent me a letter detailing why they were calling me. It was for a prior SECURED loan from 1991! I just laughed and filed it away so I would have it to intitiate a suit for violations of the FDCPA and FCRA if it came to that.
This past Saturday, a LIVE rep called me and said she was from a "legal" office and then did the collections "mini-miranda". She even said she was calling about a debt from 1991-1992, and was offering a 50% settlement on the original debt of $1600+. I had to laugh at that, since the original debt was $500, AND it was secured.
Then she said "Is that something you can TODAY?"
Steve
Cary, North Carolina
U.S.A.
1 Updates & Rebuttals
Steve
Cary,North Carolina,
U.S.A.
More Info
#2Author of original report
Wed, January 10, 2007
I then told her "NO, this debt is way past the SOL and you are in violation of the FDCPA and FCRA! DO NOT CONTACT ME AGAIN!!"