Complaint Review: Merchants' Credit Guide Pinnacle Credit Services

This is just like CAMCO (another ripoff co.). Merchants' Credit Guide Co. (A.K.A. Pinnacle Credit Services) sent me a letter stating I owed them around $1,3500 from a SEARS credit card I paid off around 1990. That's 15 years ago. Statue of Limitation in Texas is 4 years if I remember correctly.

What makes this even more hilarious is that I currently have a SEARS credit card and in good standing. There is nothing on my credit record about this. WTF!

I believe this is just like CAMCO. A company that purchases old credit debts and trys to collect on them. Kinda like vulture picking on dead possum on the side of the road.

I you get one of these letters, don't get worked up over it and don't acknowledge any debt to anyone otherwise they will hold you liable.

Dan
San Antonio, Texas
U.S.A.