     Rene Alcala (Ralcala) | Wednesday, August 23, 2000 - 06:08 am 
I received a letter from a collection company claiming that I owe $1700.00. When I called, they informed me it was a MasterCard account I had in 1985 that was "charged off" in 1987. The original amount was $300.00. The collection agency claims that the interest has been accruing since 1987 at 19%. Can an account continue to grow after it has been charged off. Should I pay it. They are offering a 50% discount on the total, but wonder after 14 years if it should be paid at all. Can it reappear on my credit report. Please help. |
| Senator (Senator) | Wednesday, August 23, 2000 - 07:09 am
sol. statute of limitations. run the search engine. they're out of luck |
| Christine Baker (Admin) | Wednesday, August 23, 2000 - 01:37 pm
Yeah, don't pay. Check your credit though and dispute any reporting, it's way too old. |
| Shylock (Shylock) | Wednesday, August 23, 2000 - 04:28 pm
Fourteen years? I think not. Pay them nothing, tell them to stop calling you and make sure they didn't put any inappropriate nasty remarks on your credit profile. |
