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How to Tell if Collections Account on Credit is Fraud

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    Just had a write-off hit my credit out of nowhere. Haven't had any late payments or anything like that in 8-9 years. It's $88 for a cable bill from Spectrum. Went to a collection agency called Mrs Associates. I honestly can't tell if this is fraud or if I have a terrible memory and some cable company is charging me for equipment from years and years ago that I wasn't aware I ever needed to pay.

    Anyone ever dealt with this collection agency? Is there a chance its fraudulent, and if so how can I tell and what should I do? I'm inclined to just pay it. But its a little suspicious -- its such a small amount I feel nervous giving them my credit card info as if it is a scam of some sort, that for sure will make this way worse once they have my acct info.

    Suggestions?? Thanks in advance.

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    It's a legit company. Found a link here that shows you how to deal with them.

    How to Remove MRS Associates From Your Credit Report:

    • Avoid Communicating Over The Phone
    • Demand Validation of Your Debt
    • Negotiate

    Under the stipulations which are outlined in the FDCPA (Fair Debt Collection Practices Act, you do have a lot of rights as a consumer.

    If you feel harassed by MRS Associates, or simply want to get issues with this collection company resolved, your best line of defense is to send a clear and simple letter to the company.

    To stop the debt collector hassles and headaches, you may send another letter, within 30 days of receiving your first communication from the company (which was a request for debt repayment).

    Your second letter will be a request that they prove the debt they are trying to collect on is actually yours and they have documentation of it.

    Accounts that are valid necessitate negotiation between you and MRS Associates. Start with a low-ball figure, such as fifty percent of the amount owed.

    Remember that all negotiation needs to go through snail mail! Some people are able to settle their debts for as low as ten percent of the total amount.

    However, asking for half of the debt to be forgiven is usually fair.

  • Are you sure you want to delete this post?

    I've never had to deal with them personally, but they do appear to be a legit agency.

    There are some options you have in order to ensure it's a legit debt and not because your identity has been compromised. You can request they verify the debt(s) to you in writing. They'll have to tell you exactly what the debt is, when it was due, and, most importantly, if they have a debt collection license in the state you reside.

    Once you receive all of that information, it's important to check if the statue of limitations on the debt has expired. If it has then you are not legally required to repay the debt even if it isn't fraudulent.

    If it is in fact your debt and the statue of limitations hasn't expired then you are legally required to pay the debt. From what I understand, these companies will often work with individuals to set up payment plans and/or reduce the amount owed for people who are unable to pay all their owed debt. That's done on a case-by-case basis though, so you'd need to directly contact the company to see if they would be willing to work with you.