Debt collection on a credit card?

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This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 6 years, 11 months ago.

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    I just received a phone call saying I owed over $ 4000 on a credit card that was open in 1997. The last payment was made in 2000. The card only had a $ 500 limit. I opened it right when I turned 18 and I’m 32 now. I cannot believe 15 years later I’m just getting a call.
    No payment has been made in 12 years and I know if I make a payment the debt clock starts over (at least I believe this to be true). They tried to “cut me a break” and knock it down to $ 2000. After they realized that was out of the question, she said she would talk to her manager and get it lower but wanted $ 50. I said no.
    I want to know my options. I live in KY.
    Thanks in advance.

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