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Does anyone have any feedback on this company? I've done some research online and I've heard very negative things about them that to be totally frank scared me. I feel like if I contact them it would bring another agency into things.
I'm still dealing with my situation and have called Household Auto to get a copy of the original loan contract. They told me that they should be able to furnish it but if they can't that I would have to call Credit America. The account sold to Credit America in 2004. I was originally contacted by Merchants Credit Guide and in their debt validation documentation they have that Pinnacle Credit services gave authorization for Merchants Credit Guide to collect on the debt?
It seems like the original creditor does have a copy of the contract which is a good thing. now we wait 48 hours for it in the mail.
Who is requesting the payment for this debt? If it is a collection agency I am hoping you sent them a debt validation letter to be sure they could validate the debt. Also who are you paying off, the original creditor or a debt collection agency? You should ask for a pay for delete and get it in writing before paying off the debt. This would remove whomever you pay their marks on your credit record.
Who is requesting the payment for this debt?
Merchants Credit Guide. The original credit told me they had sold it to Credit America. I don't know how long credit america would have it but it seems like it went to another agency.
If it is a collection agency I am hoping you sent them a debt validation letter to be sure they could validate the debt.
Yes, to Merchants Credit Guide.
Also who are you paying off, the original creditor or a debt collection agency?
I haven't paid anyone off yet.. other than that one payment. *still pissed that I did that without properly researching* I'm still trying to validate how my name got on this debt. It honestly seems like the best option now would be to file for bankruptcy. From the time of the first letter to now, The debt has gone up a $1k and $26k is a lot of money from what the amount actually was when it was charged off.