Are you afraid that you will soon be called by collections agencies due to your credit card debts that need to be paid? If these are old debts, you can rely on important credit card debt info which states that you may have an option that will help you deal with this squarely in the eye.
You can be financially protected. This credit card debt info is something that may be advantageous for you. As such, with the presence of the Fair Debt Collections Practices Act, you and many others are kept safe from such verbal or written harassments from those collectors of debts that have nothing better left to do but hound you day and night, and harp on your (perceived) weaknesses.
You are probably aware of what these threats and abuse may lead to. They may even choose to go so far as to take the case to court, just to give you more worries, and force you to pay even just a meager amount.
But, these threats are considered to be violating the Fair Debt Collections Practices Act.
Be informed. Don’t be an Easy Prey. In certain states, there is a statute which is known as the statute of limitations. To find this information you may have to search online for the old debts statute of limitations chart.
These records will show all your credit card debt info, including what is beyond the statute. Any debts beyond that date are no longer available to be collected by a third party. You cannot be contacted, abused or harassed for old debts. This is most effective when you have reached that particular length of time when you are no longer considered to be a candidate for collections.
Do your own checking. Who knows? They have probably made a mistake, but are still trying to make you pay so that they can earn something in return for their efforts at harassing you. If you feel this is so, check on your financial credit history.
Be sure to keep informed about your financial standing. Check your credit history at least once
See if old debts are still recorded that may hold the reasons for their actions.
Basically, what you should see on the report is the information regarding current financial standing. Old debts are automatically not included especially if they are more than 10 years old or exceed the statute of limitations.
Seek help. When credit card companies still continue to harass you, cut all forms of communication with them. If that still does not help, it’s time you call the necessary authorities. Go to your local state attorney’s office, and explain the situation.