C problems validating a credit card
You might want to just pay the collection and get it over with, particularly if you know the debt is yours and you need to pay it off to have a loan application approved. Force the debt collector to prove the debt is real.However, outside of that, there are some very good reasons to exercise your right to request validation of the debt. Debt collectors have been known to send bills or make calls for bogus debts, so don't assume that a bill from a debt collector automatically means you owe. You may vaguely remember owing the creditor named on the collection notice or you may recall paying that debt at some point. Sometimes debt collectors resurrect old debts in an attempt to make some money.
Has a debt collector ever contacted you about a debt that you weren’t sure was yours?The letter may look legitimate, but in this information age, it's easy to gather enough information about a person and their financial dealings to create a fake debt collection notice. With old debts, there's a good chance the collector doesn't have the original documents proving that you even owe.Would you really pay money to someone who says you owe them, but can't prove you owe? Make sure the collector is authorized to collect the debt.They follow whatever coding scheme that particular card company chooses.The last digit, however, is generated by performing a fixed set of calculations on the other digits.