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Report: #157665

Complaint Review: Merchants' Credit Guide, Pinnacle Credit Services - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: San Antonio Texas
  • Author Confirmed What's this?
  • Why?
  • Merchants' Credit Guide, Pinnacle Credit Services 223 W. Jackson Blvd Chicago, Illinois U.S.A.

Merchants' Credit Guide Pinnacle Credit Services Ripoff Artists Want to Collect on Invalid SEARS debt Chicago Illinois

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This is just like CAMCO (another ripoff co.). Merchants' Credit Guide Co. (A.K.A. Pinnacle Credit Services) sent me a letter stating I owed them around $1,3500 from a SEARS credit card I paid off around 1990. That's 15 years ago. Statue of Limitation in Texas is 4 years if I remember correctly.

What makes this even more hilarious is that I currently have a SEARS credit card and in good standing. There is nothing on my credit record about this. WTF!

I believe this is just like CAMCO. A company that purchases old credit debts and trys to collect on them. Kinda like vulture picking on dead possum on the side of the road.

I you get one of these letters, don't get worked up over it and don't acknowledge any debt to anyone otherwise they will hold you liable.

Dan
San Antonio, Texas
U.S.A.

This report was posted on Ripoff Report on 09/19/2005 08:04 PM and is a permanent record located here: https://www.ripoffreport.com/reports/merchants-credit-guide-pinnacle-credit-services/chicago-illinois-60606/merchants-credit-guide-pinnacle-credit-services-ripoff-artists-want-to-collect-on-invalid-157665. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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