I had posted this at another fool post site, but it was kindly suggested to post here, for guys would know more about how to handle my situationI am not sure what to do.Two weeks ago I received a call from a credit collection agency, Coldata, telling me that I have an unpaid account. I am surprised and asked several questions. One in particular was "when was the account opened?" The account is nearly five years old. Since 1994, I have graduated from college, gotten a car loan, a credit card, and took out a loan at the bank. At those times, I was never told (as the banking institution was checking my credit rating for loan approval) that I had an outstanding credit account.I told the Coldata representative that I am not contesting the account, but would like to see a detailed report. A week later, I received a letter stating that I had agreed to pay $600.00 to settle. I called Coldata to clarify that I am waiting for a detailed report.I can't remember ever having this credit card.This Coldata representative repeatedly asked what I was doing to resolve this issue. I replied that I was waiting for the report. This did not satisy him at all. He then told me that this is about to go into litigation because the account is so old.What are my rights? Or are they just using scare tatics? I have detailed every call I have made to them and have a fax requesting the account report.Is it typical for four years to pass until there is notification? I suspect that this is not my account. What steps are taken then ?mllove5520
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