Should I pay these Verizon collectors?
May 24, 2012 8:43 AM Subscribe
I got a collections letter for a Verizon bill that is nearly 10 years old. To pay or not to pay?
posted by even butter to Work & Money (15 answers total) 9 users marked this as a favorite
Some random collections agency is trying to collect ~$300 on a Verizon bill from Dec 2003. This is the first I am hearing of it.
I called the agency, and they verified that the bill was tied to an address I once lived at, so it probably is mine. They told me the that it was the last bill before service was terminated for nonpayment.
I moved out of that apartment in September of 2003. I think that what likely happened is that I never dealt with terminating the service, as I was a 22 year old screwup at that point.
The letter includes legalese statement about how the debt may be too old to sue over, which gives me the idea that maybe I don't ever have to pay this. I did some Googling and it doesn't seem like I do. I didn't admit to the debt when I called. I'm in Massachusetts and it looks like the statute of limitations is 6 years. I did my credit reports last summer and Verizon wasn't on there.
Should I pay this? What are the ramifications of not doing so, if any? I'm not too ethically troubled by the idea of blowing it off, given that I never actually used the service. However, I am trying to clean up my credit, so I'd like to keep it on my radar if it'll haunt me somehow. If it won't, though, I'd much rather put the $300 towards my student loans.