How to determine the SOL period when the debt is not there on credit report
Date: Fri, 06/07/2013 04:04
I have received a fantastic settlement offer from a collection agency based in Hollister. The problem is the account is not there on my credit report. I’m totally confused about the SOL period. How can I know about the SOL period on a debt, which is not there on my credit report?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.