Re: Settlement Offer - Verbal only. Help!

Posted by Dave (63.228.54.243) on December 14, 2003 at 19:15:03:

In Reply to: Re: Settlement Offer - Verbal only. Help! posted by Why Chat on December 14, 2003 at 15:05:28:

If Citi is a "debt collector" here..they might just be under these facts. If they are a "branch" of Sears as you say that they say, then it would make them more of a debt collector as they are obviously (regularly) engaged in collecting debts for another (Sears). "Debt collector" under FDCPA can turn on the use of a 3rd party name (Citi) to collect a Sears account. Citi is also engaged in a lot of other business practices besides debt collection, and that factor cuts in their favor and against holding them as a "debt collector" under FDCPA.

Someone else mentioned below that Citi is a collector under the FDCPA. I can't link the articles referenced, but I would look into that question and examine the notices that you received and reflect on the method of collection.

Did Citi provide any 1692g validation notice?

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