Awhile back, I was a victim of identity theft. It was claimed that I had multiple accounts opened and unpaid. I pay all my bills on time. I have a police report on it.
My credit is pretty much shot, and I don't think I make enough money to be able to hire anyone to help repair it. I don't owe any places money that I know of. I'm able to pay my bills on time every time.
"Something" on my record is hurting my credit. Well, out of the blue, I received mail from Leading Edge Recovery Solutions 2 weeks ago. They claim that I owe 350ish originally to Bank of America. As far as I know, I've never used that bank.
It got sold to Midland funding llc (I think), and then got sold to Leading Edge.
It has been so long, that as this point, I just want it off my record. I called them and explained the situation and that I am more than willing to pay this off. I told them that I would send the check today in the mail. They said that they want me to give them my personal bank information so that they can withdraw the funds immediatly. I told them that it isn't an option (I've heard of numerous law suits against them for taking out more than they should and without authorization). They got a manager on the phone. He told me that they needed the funds today so it would be part of the month of September. If I sent a check, they would receive it in October. Once again, I told them that I would pay the debt by check via mail...no other way. The manager then said he'd update my account claiming that I refuse to pay the money.
I told them that I'll be investigating this, and I then hung up.
I work with (not at) a lot of law firms, so I intend on trying to look into this. I'd like your opinions and advice, however.
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.