I was notified of a new credit entry on my Experian report. I checked it out and RJM ACQ LLC entered a collections/charge-off entry which lowered my credit score from 770 (excellent) to 587 (fair).
I dug deeper into this credit entry and discovered this was a "bad debt" for $36 purchased from Insightoutbooks.com book club for collections. I had never heard of Insightoutbooks.com but considered that I may have inadvertantly "joined" or forgotten or whatever.
I went to the Insightoutbook.com website and attempted to "sign in" using the one and only e-mail address I've had for the past ten years. I entered my e-mail address and clicked "forgot password" to see what would happen. The response was "This e-mail address is not in our database."
Insightoutbooks.com turns out to be a site which sells homosexual books where you buy one for 99 cents and pay regular prices for several more books over time. Neither the products nor the terms are appealing to me so by this point I'm positive I never had an account with them.
I contacted the customer service at insightoutbooks.com and they quickly responded and indicated that they had "sold the account to RJM Acquisitions" and cannot service my account. They could not indicate the purchase of any membership, purchases etc.
I faxed a letter to RJM ACQ LLC stating that I have no knowledge of this bookclub account but would pay it rather than waste energy disputing it if RJM agrees explicitly in writing to permanently REMOVE, not amend their derrogatory entry from any and all credit reporting agencies.
Lets see what happens and I will continue to post ammendments as this unfolds.