A few months ago, I ordered concert tickets on-line from a company called Event Tickets LLC (aka Ticketsmyway). They never delivered the tickets, but had already charged my credit card approx $350. They told me they would refund my money. I waited a few weeks, and when attempts to contact them failed, I disputed the charge on my credit card.
My credit card company refunded my money, but now I am getting threatening e-mails and voice mails from Event Tickets saying they will sue me. However I can "settle" with them for $125. After researching them on the web, this is apparently how they operate.
However, today they sent me an e-mail stating that if I don't pay them $125 by August 1st, they will report me to the 3 credit bureaus, which will effectively damage my credit, which is currently excellent.
My question is, can they actually do this? What is required to report someone to a credit bureau?