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Midland Credit Management Scam - Is it really a scam?

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midland credit management is a scam. They sent me a letter saying I owed them money for collection on a card I have never even owned. I checked my credit report and this card is not even on the report. They are preying on people that will send them money when no such debt exists. BEWARE!




I live in TN. "Simon" said the last payment was made in 2005.

Sub: #11 posted on Thu, 05/21/2009 - 16:37

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TN has a 6 year SOL. Do you have the documentation that you paid this off? How is this being reported on your crdit reports?

Sub: #12 posted on Thu, 05/21/2009 - 16:41

NASCAR_Devil NASCAR_Devil
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(Posts: 4671 | Credits: )

Guess I'll have to look at my credit report. I haven't bought anything in a long time. I just pay cash now....He said it was a charge off in 2005 from JCP.

Sub: #13 posted on Thu, 05/21/2009 - 16:51

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I pay for everything in cash and haven't applied for a credit card or loan in years. I've not had a late payment on the mortgage in 3 years. But I have not ran my credit report either to see what the status is

Sub: #14 posted on Thu, 05/21/2009 - 17:01

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Go to www.annualcreditreport.com where you can get all 3 reports for free once a year.

Sub: #15 posted on Thu, 05/21/2009 - 22:17

Chrys Henderson Chrys Henderson

(Posts: 2538 | Credits: )

If they are following GAAP, then they would have charged off the account 180 after default. See if you can find proof of last payment. If it has been more than 6 years, then you can cease comm them. If, however, SOL is still running, a cease comm could result in a lawsuit.

Sub: #16 posted on Fri, 05/22/2009 - 04:16

NASCAR_Devil NASCAR_Devil
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(Posts: 4671 | Credits: )

After many arguments on an inflated hospital bill they took me to court but they were way off ( bunch of crooks, same as the hospital ) we settled in court with the offer I made them in the biginning - however, they are still keeping that collection in my credit report and they still update it every month. The moral when you settle make sure you have it writing from them to clear your credit report and if they dont within 30 days they have to pay you damages of a set amount worth 10 times the collection - also keep checking becasue they will just keep dumping it on your credit and you may just be lucky to take them for collection as well.. an eye for an eye!

Sub: #17 posted on Tue, 06/30/2009 - 08:04

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I just recieved a credit alert today for this company. after reviewing my report, it just does not seem right. i know all of the debt I owe, and this one is saying something about almost 1000 dollars. it doesn't even say what kind of account it is or who it was from originally. how can I find this out?

Sub: #18 posted on Mon, 09/21/2009 - 08:56

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My answering machine answers all my calls, so I've had a lot of hangups but no phone contact with MCM. Instead I got a collectio letter that only gave me options for paying an uncollected debt, no info about verifying the debt. I called them & spoke to 'Ted Wilson', told him I had never had a Tribute Mastercard & was concerned that I might be the victim of identity theft. He wanted me to verify the last 4 digits of my SSN & I refused to do that. He said that if I did not, the collection process would continue. Since: the letter gave NO options except to pay; they have my middle initial wrong; the 4 SSN digits he quoted are not mine; and 'Ted' showed no interest in saving his company time & expense by cooperating with me, I conclude this is a scam. And since it arrived via the mail, I will report it to the USPS Fraud Division, AARP, the credit bureaus & the BBB.

Sub: #19 posted on Thu, 12/17/2009 - 12:08

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I just got one of these letters saying I owe money that I don't owe. Thanks for posting this

Sub: #20 posted on Mon, 01/18/2010 - 10:00

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