Coast Professional, Inc. Consumer Loan Complaint

Coast Professional, Inc. Consumer loan department,

Installment loan Managing the loan or lease New Jersey

A company named Coast Professional Inc utilizing an address of - -, - -, LA - is attempting to collect a purported debt that if valid, would have been at least - years old. Under California law, where this purported debt would have arisen, the Statute of Limitations ( SOL ) is - YEARS. This appears to be a shake down by a shady firm who probably bought this debt for - cents on the dollar and is hoping that people will acknowledge the debt and restart the SOL. This is harassment. I have responded them in writing, as requested by the shady company, that I do not acknowledge the debt and that I am reporting them to the CFPB. Moreover, in there letter, it states that if you do not dispute the validity of the debt in writing - they will construe silence as a reaffirmation of the debt.