Complaint Review: American Credit Solutions

On July 5, 2002 I too received a postcard from American Credit Solutions informing me I had 72 hours to claim my credit card with a $4000 limit. I was suspicious right away - let it sit on my desk - then decided July 8 to call and find out what this was about.

As other reports stated, they asked numerous personal/financial questions, talked very fast, were short with you if you asked them to slow down or explain anything.

When she got towards the end of spiel - and told me the cost for the marketing package ($199) of which 3 payments would be automatically withdrawn from my bank account --- I really started to ask the questions. Why so much? But was told the $199 would be refunded to me through gift certificates but would not state for where. I immediately said "No thank you" but was questioned on why I would turn down such a great deal - $4000 starting limit and raising to $7500 after the second payment, no interest and a unlimited long distance cell phone valued at $100.. STRONGLY stated no thank you and hung up.

When hanging up, I wondered with the information I had given here; bank, SSN, etc. what type of trouble can they cause with that information? I definitely will be watching my bank account. Any ideas on what the information could be used for even though I told them I am not interested in their service???

DEFINITELY WATCH-OUT FOR THIS COMPANY.

Jayne
St. Paul, Minnesota