CRATE & BARRELL

They only reduced my rate to 12%

Many collection agencies (such as Asset Acceptance and MGM Collection agency to name a few) are calling me for quite sometime and bugging me to cough $3000 for a debt that I owe Crate & Barrell (they claim). But in reality I don't have any credit card debt through them. What to do now? Any help will be appreciated.

Hi Miranda,

You can send debt validation letter to these collection agencies. Btw, have you called the original creditor, ie. Crate & Barell and inquire about the debt? If you haven't then please call them and inquire about it.

Depending on what C&B tell you, if you are quite sure that you have never had an account with them, I would start looking into ID Theft as a possible scenario.

Hi Phoenix, thanks for your info and suggestions. No I haven't called them yet, but will definitely call them and also inform you about their feedback.

Hi Nascar_Devil thanks for the info too. It's scary to know how to proceed in case of ID theft? Please help. I'm very scared and dunno what to do?

I have found this pages which deals with identity theft: -
5 Steps To Take If Your Identity Is Stolen

Here is the link to the FTC web site:

http://www.ftc.gov/bcp/edu/microsites/idtheft/

I called CRATE & BARRELL but they said that I don't owe them anything. That sounds good but at the same time I'm worried. Please advice me what to do next? You guys are simply great. Need your help urgently.