I got a letter from Rubin and yates today concerning an old debt in which I was the authorized user. It is just a simple letter telling me they have the rights to collect on this account and how much it is (over $4000) It also states the account number. I searched my report and only (again) found this account listed on the positive side of my report. Is this what they call a "dunning letter"?
I was reading online where providian was bought out by chase na a while back. I do have a providian on my report but it is past the SOL and is to fall off. Only thing is the account numbers do not add up. The only striking resemblance is the balance. On providian the balance is showing $1,751; now Chase na.(.rubin and Chase) the debt is listed on my good side with a balance of $1781.
I only ever defaulted on two credit cards . Capitol one which is off my report and Providain which will fall off next year. NO other cards.
I am wondering if when the account got sold could they have added money and changed the account number. I am confused at who this account is or if I am liable.
Fireyone, it is probably the same account. They need to provide you with this information. Is the debt out of the statute of limitations?
I am not sure what a dunning letter is, never heard the term till just now. You should contact the attorney generals office again and let them know what they sent you, tell them what you have written here, it sounds like the same account. Are you saying that it is the same account and it is past the statute of limitations.
Hi Firey,
I think there is something wrong in the report. Why don't you send a debt validation letter to the collection agency? Wait till they can send you any proof of the debt. If they are not able to provide that, dispute with the credit bureau. If you are suspecting any fraud, then I think you need to contact the credit bureau along with the FTC and let them know what is happening. Basically 'authorized users' are not liable to pay the debt.
A dunning letter is similar to a collection letter sent by a collection agency. The process of dunning constitutes mild to severe warnings sent to the debtors by the collection agencies. The purpose is to collect the debt.
huh, never heard of dunning before, usually I just refer to it as a collection letter. I am not sure how it would be any different than a regular collection letter.
Hi Fireyone,
I agree with Justin you need to send the debt validation letter because something is wrong on your report. As far as dunning I haven't heard of that either.