I just received a call from Regional Arbitration Services asking payment for a cash advance loan that I took out in January 2004. I thought I have already settled this matter but I do not have records of it since this was close to 8 years ago. I asked for any documentation they have as proof that I do in fact owe this debt, but they told me they could not give it to me because it's evidence for the court. They threatened me saying that if I don't pay up, I will have to go to court. My question is, since the SOL for CA is 4 years for any written contract and they are only notifying me about this now, they have no grounds for suing me and bringing me to court, correct? By the way, the original loan was for $300 which they are collecting $800 for due to fees and interest. Am I being scammed?
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