So cleeeear back in 2002, right before we met, Dh was kind enough to allow a friend to get a cell phone under his name. She racked up the minutes, disappeared, and left him with the bill... which he pretty much just ignored. He hasn't ever paid on it. Through the years it's bounced around through collection agencies. I'm the type that would have paid the debt right from the get-go, but DH refused since it wasn't "his." Whatever. So it's languished for years. We check the credit reports every year, the statute of limitations is long past. Finally two years ago it says that it will be falling off the report that summer! Yay!!
I make it a habit to check our credit reports for free three times a year, each report a different time of the year. Well... apparently last year some new collections agency re-aged his debt! I didn't catch it because it was the other two reports I had looked at since then, which are free and clear of any mention of this debt. We didn't know about it until we applied for a car loan a few weeks ago.
So we don't have big plans to borrow money except to buy a house sometime in the next 5-7 years. Obviously, this can't be on his credit report. It's illegal. It's past the statute of limitations so he can't be sued for the debt. I don't especially want to pay for it since we're pinching pennies just to get by as is. From what internet research I've done, I gather we need to send this collection agency a letter telling them what they have done is illegal and to remove it from his report ASAP. Will it be that simple?
I'm worried about disputing it because we have, like, *no* documentation regarding the debt. DH is not a records keeper and by the time we got married he pretty much was done receiving notices from the collectors regarding it. Of course I don't have old copies of his credit report with the original date on it. If i recall correctly, it was the fall of 2002 that it was initially reported.
Any sage credit mamas out there have suggestions or experience?
Edited by Contrariety - 3/15/11 at 10:07am