BadDebtor Posted June 5, 2018 Report Share Posted June 5, 2018 I just received a letter in the mail from ARS regarding my Lending Club account. I've missed the last two payments now, so I'm surprised by the letter. I'm unsure if it's a collection letter or not since it hasn't been charged off and is still with Lending Club. The letter states that Lending Club has placed the account with ARS to bring my account current. It states I have 30 days to dispute this debt. It says if I notify the office within 30 days, they will send me a verification of debt or a copy of a judgement. What do I do with the letter? Do I send a DV letter ? seems pointless since its still with Lending Club. The part of sending me a copy of judgement had me worried. I was planning to elect for Arbitration when Lending Club charged it off and sold it to a JDB, but this doesn't seem to be the case at the moment. Is just an attempt to collect the debt from Lending Club by using ARS? Quote Link to comment Share on other sites More sharing options...
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