olddebts.com working!!!

Discussion in 'General Industry Discussions' started by DFW Area Landscaper, Mar 5, 2005.

  1. DFW Area Landscaper

    DFW Area Landscaper LawnSite Silver Member
    from DFW, TX
    Posts: 2,116

    Turned over 6 severely past due accounts to olddebts.com. Took the cheapest option...$9.95 per deadbeat. They mark the deadbeat's credit report with a no-pay. They also send a letter to the deadbeat explaining that they are mucking up their credit if the matter isn't resolved.

    One of the deadbeats paid today!!!

    I knew it. They're paying the credit cards and all the "real businesses" to keep their credit history clean, but they're stiffing the lawn guy.

    DFW Area Landscaper
  2. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    I am going to have to check out that site for future use, even though I only had one bad payer last year, but they now have a credit card on file
  3. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    Simply because we are what's called an "unsecured creditor". We don't report to the big 3 credit reporting agencies.
  4. Mueller Landscape Inc

    Mueller Landscape Inc LawnSite Senior Member
    Posts: 489

    I bet you are glad you won't have anymore problems like this again. Letting the banks issue the credit..... it's a beautiful thing!!!
  5. Branchland

    Branchland LawnSite Senior Member
    Posts: 354

    So the nonpayer don't need to be under contrct to use olddebts? I checked out the web site and didn't see it say anything about that. Might have to use it. Got one that still owes me $80.00. Not much but still a deadbeat.
  6. DFW Area Landscaper

    DFW Area Landscaper LawnSite Silver Member
    from DFW, TX
    Posts: 2,116

    Yeah. Olddebts worked on one of them. I have a feeling the rest will wait until they are denied credit to pay.

    You don't have to have a social security number or signed contract or anything like that. All you have to have is their name and last known address.

    DFW Area Landscaper
  7. olderthandirt

    olderthandirt LawnSite Platinum Member
    from here
    Posts: 4,900

    Mechanic lien also shows up on there credit report. And then you become a secured creditor.

  8. JustMowIt

    JustMowIt LawnSite Senior Member
    Posts: 367

    How do they index against a customer with the 3 major credit reporting agencies without a social security number?
  9. Evan528

    Evan528 LawnSite Silver Member
    Posts: 2,144

    I was wondering the same thing???
  10. SproulsLawnCare

    SproulsLawnCare LawnSite Senior Member
    from IN
    Posts: 365

    I haven't had to deal with this, but I understand how it works and that it works well. My question is how do you go about getting a mechanics lien put against their property?

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