- Report: #267858
Complaint Review: Midland Credit Mangement - San Diego California
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Author Confirmed
Why?
Midland Credit Mangement
PO Box 939019 San Diego, 92193-9019 California, U.S.A.
Phone:
800-935-4566
Web:
N/A
Categories:
Business Rating:
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Tell us has your experience with this business or person been good?
Midland Credit Mangement ripoff credit card to citibank way over due card opened 1985 closed 1991 this is the first I have heard San Diego California
I recieved a letter from midland credit management that I owe citi-bank $400.00. It was opened in 1985 and closed in 1991. I have never received a bill from citi bank. I have had cards with them and still do but I owe nothing and have a good credit with them. I don't know where they got this information. It is hard to remember back 20+ years ago. I did a credit report in Feb 2007 and no mention of it then. I am afraid of what they might try to do to my credit report. I would appreciate any information I could get.
lisa
Prineville, Oregon
U.S.A.
lisa
Prineville, Oregon
U.S.A.
2 Updates & Rebuttals
Aafes
Viernheim,Europe,
U.S.A.
Monitor your credit report carefully for the next year
#2Consumer Comment
Thu, August 16, 2007
It is likely this company has purchased a bad debt that belongs to someone else and is trying to collect from you. They have done a search and something linked this person to your address, phone number, or their name was similar and the live in the same area as you. So, they are on a fishing trip. You should send them a letter, certified mail with return receipt, demanding they verify the debt is yours. You can do a web search for "debt verification letter" and you will find many samples posted. Be agressive and make them prove it. Don't talk to them on the telephone, they will deny the conversation unless you are offering to give them a payment. Monitor your credit report carefully for the next year. Although the information regarding entries on your credit report by the previous poster is correct, these people will simply report fake opening/closing dates to the reporting agency to get it displayed on your profile - if they do so IMMEDIATELY contest it with the reporting agency.
Josh
Mesa,Arizona,
U.S.A.
Your credit should be safe!
#3REBUTTAL Individual responds
Thu, August 16, 2007
I am in the lending business right now and look at credit reports everyday. I am seeing the strangest things on credit reports now. Well it may comfort you to know that the Fair Credit Reporting Act(FCRA) states that accounts that are older than 7 years may not be reported nor remain on the credit report. That is 7 years from the date of delinquency, not from the date of reporting the delinquency. The date of delinquency was probably in the late 80s or early 90s. If they report it to your credit report, you can file a lawsuit against them for 3 times the amount they are going after you for. So many lenders are becoming downright sleazy and dishonest, and many of them are very big, and reputable banks like the one you are dealing with, but even though they are big, they are required to follow the laws under the FCRA, and they cannot get away with doing anything illegal.
