Re:The Color of Debt: How Collection Suits Squeeze Black Nei...
by Spooky23 on Saturday November 28, 2015 @10:38PM
(#10643616)
My wife and I were in a crazier situation. A phone number was associated with someone with big debt problems.
What made it more complex was that store loyalty cards (CVS in our case) caused her to get associated with our new number years later. Retailers sell this info to skip trace people and collectors.
We didn't realize it until we received a mailing addresses from CVS a year ago to a familiar name -- the debtor. Around the time we got really weird calls from bottom of the barrel collectors who buy debt about to age out for less than a penny on the dollar, re-animate it by "making contact" and then reselling it for more money.
What made it more complex was that store loyalty cards (CVS in our case) caused her to get associated with our new number years later. Retailers sell this info to skip trace people and collectors.
We didn't realize it until we received a mailing addresses from CVS a year ago to a familiar name -- the debtor. Around the time we got really weird calls from bottom of the barrel collectors who buy debt about to age out for less than a penny on the dollar, re-animate it by "making contact" and then reselling it for more money.