Antoher mcm thread
Date: Fri, 06/17/2011 - 10:31
I received a letter from mcm regarding a past debt. The basics of the letter consisted of that i owe them $3000 but i can settle the debt for one low payment of $1750. The problem with this is that the debt had been settled with CIT Bank close to 8 years ago. It seems a bit strange to me that all this time has gone by and now there trying to collect on money that has been payed in full almost a decade ago. What is the best way to handle this situation. Is it as simple as faxing over copies of documents showing that it has been payed? Im going to be looking for my first home soon and the last thing i need is this showing up on my credit report. Thank in advance for whatever help anyone can provide.
Mike
Mike
Hi! Welcome to the Forums! If you have already paid off the deb
Hi!
Welcome to the Forums!
If you have already paid off the debt, then there is no need for you to make further payments on it. You should send a debt validation letter in writing to them. If the debt is not properly validated, then you should send a Cease and Desist letter via certified mail to them. Yes, if you want, you can send copies of the relevant documents proving you have already repaid the debt.
