@nupey10 wrote:
^^^What the CA's do is buy one of the many marketing lists available through the CRA's. In this case, they purchase a list of people that have applied for mortgages and scrub that list against their database, and if they get a hit, the CA duns the potential borrower immediately. Lots of intimidation is used centering around the threat to stop the new house loan if the consumer doesn't pay the debt immediately. The thing is this: sometimes paying the debt can derail the loan. So this is just a caution not to pay it until the borrower has talked with the lender first. This same list is sold to mortgage co's as potential leads. There are many specific demographic type lists sold by the CRA's to various companies for their use. I don't know if the entire report comes with the list or not.
Here is Experian's offer: http://www.experian.com/small-business/mortgage-leads.jsp
What if the debt is already past SOL and has been removed from credit report? Can they still have the debt line added back to a credit report?
^^No, not if it is past the time period allowed to be reported on your credit report (generally 7 years + 180 days). CA's will threaten to put it back on your report IME. That seems to be a common tactic, that's why I say to contact your lender first so you can do the right thing per the mortgage lender - which is usually to leave it alone.
