Pinnacle is a big fraud. You know these collection companies buy old or written off debt from other creditors who have received payment via writing off the debt, and having default insurance. These kinds of companies like Pinnacle buy these old debts for $1, and then they pursue individuals by any means necessary. Most times unsuspecting consumers will contact the company, and unknowingly validate the debt by giving them personal information like the social security number, birth date and current address. Don't be deceived...if you don't recognize the debt, dispute it in writing...being careful not to divulge your personal information. If you really owed the debt and it was valid...these fools would already have your personal information!
Pros: They have a good hustle...if they can get you to assume the debt
Cons: They list bad debt on your credit without verifying it...they leave it to you to contact them
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