Entries Tagged 'Midland Credit Management' ↓

Being in collections is not the end of the world, but becoming a victim of Identity Theft can be devastating. Even if you have less than perfect credit you are still susceptible. Identity thieves do not steal personal information just for opening new credit accounts they also use it to obtain bank accounts, drivers licenses, duplicate social security number and commit crimes using the victims personal information.

If you are dealing with Midland Credit Management their agents have all of your personal information. For the most part they are Junk Debt Buyers who receive all of your pertinent data from the companies they buy defaulted accounts from. Listen to this short recording snippet of a conversation I had with an agent at MCM.

You will notice she did not even give me her last name and would not answer the question that I proposed to her. Obviously this is not the full recording of this call I edited out other parts of it for sake of brevity. I will post the full recording in the near future as I am not concerned with Identity Theft and it has other points I wish to make in future post.

It is a true travesty that the agents that work for Midland Credit are not allowed to give their last name, chance are they are not even giving their true first name and they have access to all of yours. Not only does this prevent you from finding out more information on who you are speaking with it also does not allow you to name them as a possible suspect if you become a victim of Identity Theft.

The job of a collection agent is not a high skilled job nor are detailed background checks done on the individuals that work at most collection agencies. The main requirement on a collection agency preemployment back ground check is to make sure they are not wanted currently. If even done at all. You would think that they would be screened better but let’s face it usually working at a collection agency is last ditch effort for people to find jobs that does not require manual labor.

The reason that I am not really concerned with Identity Theft is that I use Identity Theft Protection Products to protect my Identity from collection agencies or anyone else wishing to steal it. I don’t hide my name online and you can find a kinds of information about me online. I just do not care.

If you are being hounded by any collection agency and have any concern for you personal well being please take the time to visit www.identitytheftprotectionproducts.com they have made it possible for visitors here to receive a 30 day free trial of Identity Theft Protection Products which you will also receive copies of all three of your Credit Reports and no cost. Visit www.IdentityTheftProtectionProducts.com today.

Make sure you read My Disclaimer.

Midland Credit Management specializes in purchasing junk debt, old charged off accounts, that has been deemed noncollectable and usually outside of the statute of limitations to be enforced in a court of law.  However this fact does not stop them from faming out collection activities to companies like FBCS Collection Agency.

There are a lot of rumors floating around that they are now trying to enter the arbitration game.  If you receive a notice of arbitration from them make sure you fight them tooth and nail.  Many times they do not have the information to back up their claims and use fraudulent affidavits to coerce people with paying them.

One thing you to keep in mind if you are being dunned for an account outside of the statute of limitations there is no way for them to enforce a claim of this nature through the courts or arbitration if you raise the objection.  Statute of limitations is a valid defense, but you must raise it.  Meaning that if you are presented with an arbitration request or are served to appear in court make sure you raise statute of limitations as a defense.  I will be providing more information on Midland Credit Management and their unscrupulous business practices.  Please bookmark this site and keep checking back.