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is it a scam

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Posted by Dano1surfer ( on September 24, 2002 at 17:39:03:

MRC Receivables has an offer to roll charged off debt into a new account of which you pay 3% of the old balance plus new charges. They claim the credit limit is raised by $50 per $100 paid. The debt is 6 years old. I read some other info in the forum, but I would like to know if I should accept this offer, and or begin repayment with only twelve months of reporting to go. My hope is to have my credit rating back up to respectable in the next few years. Advice appriciated.

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