No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Have an unusual situation that I'm trying to head off at the pass before it affects my score. I got a settlement letter in the mail from an agency who had purchased my account from another agency. The offer was for half of the stated balance. The only issue is that I am not familiar with either agency, do not have any current accounts past due, nor do I have any collections, other than one from 4 years ago that has zero balance, on my just pulled report. I called the company to inquire as to whom I owe this money to and they identified AT&T broadband. The only time I think I had them was at end of 2000. If in fact this is factual, I certainly am not going to pay on account that old but my question is can they collect on it and can they report it, with it being 7+ years old? If they do turn it into a collection, what recourse do I have?
Thank you for any help/advice!