~~~Can a Collection Agency do something with the sole purpose near my name-------? Hi, I got a call from collection agency saying that used my

Hi, I got a call from collection agency saying that used my credit card to buy something for $700. It be a credit card that I lost many months ago. Somebody used it. They speak that this credit card didn't go thru the subsequent day, but they released the product to the individual when he used my credit card.
They call me and say that I am responsible of this debt, they influence that the signature in their folder signature it is mine and I bought it.. This is Wrong, I don't know what they talking going on for.
They have threatened me that they will do something against me.
Can they do SOMething to my credit or hurt my credit with the sole purpose with my signature? They only own my name. I am within Socal California.
What should I do? What are my rights??

Answers: Contact the credit card company and dispute the charges, you may only be responsible for a small portion of the unauthorized charges. In decree to dispute unauthorized charges, you only enjoy a short period of time, you should read your credit card agreement. You may want to folder a police report also, that would help you to dispute the charge.

When you lost the credit card, did you notify your credit card company...or did you do nil? When was this purchase made, and did you receive a statement (or more than one) next to the purchase on there?

So long as you reported the credit card as lost or stolen, you should not be responsible for any charges made on it.