dolphindan1 Posted April 16, 2004 Report Share Posted April 16, 2004 Has anyone of heard of these people. I got a letter from te saying that have aquired an old providian account. I also got 2 phone messages from the also. Now neither them nor Providian is on my CR. They want to offer me a CC with an agreed upon transfer of the debt, a settlement and allow me to pay the credit card. Imust say its a different approack than from other collection agencies. Lets see 18.9% APR and a 30.00 annual fee. on a 5 year old account 2 years past SOL. HMMM....take offer,Ignore, C&D or DV. What would you do? I would get a Mastercard out of it but wait thats how I got into it.... Link to comment Share on other sites More sharing options...
Methuss Posted April 16, 2004 Report Share Posted April 16, 2004 Has anyone of heard of these people. I got a letter from te saying that have aquired an old providian account. I also got 2 phone messages from the also. Now neither them nor Providian is on my CR. They want to offer me a CC with an agreed upon transfer of the debt, a settlement and allow me to pay the credit card. Imust say its a different approack than from other collection agencies. Lets see 18.9% APR and a 30.00 annual fee. on a 5 year old account 2 years past SOL. HMMM....take offer,Ignore, C&D or DV. What would you do? I would get a Mastercard out of it but wait thats how I got into it.... I wouldn't touch that deal with a 20 meter cattle-prod. They are trying to get you to reaffirm a debt that is obviously time-barred. Ignore the offer completely and wait to see if they send you a collection letter. If they do, respond with a C&D time-barred debt letter. Link to comment Share on other sites More sharing options...
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