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lost card

Date: Wed, 06/06/2012 - 07:39

Submitted by anonymous
on Wed, 06/06/2012 - 07:39

Posts: 202330 Credits: [Donate]

Total Replies: 1


fouir years ago my house burned down and I lost everything including my credit cards and any records. I have moved and was never able to contact the card companies and Never heard from them. yesterday I got a letter from a collection agency who offered me a new credit card. the letter said that the original bank wrote off the debt three years ago but they would accept a discounted amount if i take the new card. Am i obligated and how will this affect my credit?