We got a call today from a credit agency trying to pin a bill on my DH (he has a rather uncommon name). The address was NOT somewhere we ever lived nor have we had an account with the company that says we owe them money.
HOWEVER, we do know who it is and it's someone closely related to DH.
Should we rat them out to cover our butts? We could right out say who it is and where they live now and their contact info. Right now we are doing what we can to prove we never lived there as a start, but I know credit agencies might not take that for an answer/proof. I know being proactive now would be easier then trying to get this thing off his report if it gets on there by accident. We want to buy a house soon and this could ruin it all.
Yes for sure rat them out - it is their debt after all and if it sticks on your DH's credit report it will be a royal pain to remove it and could very well mess up your buying a house for a long time to come. My DH is in that line of business and he sees credit report mistakes and their impacts fairly often. Good Luck!
You have to rat them out. It is their obligation to settle the debt!
TTC since 2009
8/30/12 Lucas Anthony & Olivia Ann arrived at 37 weeks
(it's my FIL....)
*sigh* I don't know their address or phone number myself so unless DH consents....I have no say. He's come around I think though. No one needs to know it was us right?
Did your FIL move? I'm wondering if this is the credit agency's way of trying to get the new info. It's up to you whether you volunteer the information or not, but unless they can prove it's your DH's bill, they can't damage his credit (unless I'm missing something). It's pretty common for credit agencies to contact family members in an attempt to get the debt paid. Sometimes they will do just about anything to get it paid.
DH told me recently that some credit agencies these days will pay off the company that's owed money at a reduced amount, then collect the full amount from the person who owes the money, thus making a nice profit. If that's true, the credit agencies would tend to be more aggressive in getting that money collected.