Complaint Review: CAMCO Capital Acquisition And Management Co

I once took out a cellphone for a friend. My friend never paid the phone bill. All of a sudden I was getting calls from collectors. I agreed to make payments to a collection agency ( forgot the name. After a while that collection agency was sold to the Credit Store. I became upset because my previous payments were lost. I did not send anymore payments. After a while I decided to try to clean up my credit. So I called the Credit Store. I once again agreed to make payments. Everything was fine for a while until the Credit Store was sold. I have several problems with the new agency.......

1. they won't send statements on accounts
2. I can't make payments on the phone or over the internet

3. They don't want to talk to me about my balance.
They claim only one person has access to that information. That person is hard to reach.

4. I wanted to settle the account but they only wanted to make a over the phone deal. In other words they would not send me something in writting.

I once took out a cellphone for a friend. My friend never paid the phone bill. All of a sudden I was getting calls from collectors. I agreed to make payments to a collection agency ( forgot the name. After a while that collection agency was sold to the Credit Store. I became upset because my previous payments were lost. I did not send anymore payments. After a while I decided to try to clean up my credit. So I called the Credit Store. I once again agreed to make payments. Everything was fine for a while until the Credit Store was sold. I have several problems with the new agency.......

1. they won't send statements on accounts
2. I can't make payments on the phone or over the internet

3. They don't want to talk to me about my balance.
They claim only one person has access to that information. That person is hard to reach.

4. I wanted to settle the account but they only wanted to make a over the phone deal. In other words they would not send me something in writting.

I once took out a cellphone for a friend. My friend never paid the phone bill. All of a sudden I was getting calls from collectors. I agreed to make payments to a collection agency ( forgot the name. After a while that collection agency was sold to the Credit Store. I became upset because my previous payments were lost. I did not send anymore payments. After a while I decided to try to clean up my credit. So I called the Credit Store. I once again agreed to make payments. Everything was fine for a while until the Credit Store was sold. I have several problems with the new agency.......

1. they won't send statements on accounts
2. I can't make payments on the phone or over the internet

3. They don't want to talk to me about my balance.
They claim only one person has access to that information. That person is hard to reach.

4. I wanted to settle the account but they only wanted to make a over the phone deal. In other words they would not send me something in writting.

I once took out a cellphone for a friend. My friend never paid the phone bill. All of a sudden I was getting calls from collectors. I agreed to make payments to a collection agency ( forgot the name. After a while that collection agency was sold to the Credit Store. I became upset because my previous payments were lost. I did not send anymore payments. After a while I decided to try to clean up my credit. So I called the Credit Store. I once again agreed to make payments. Everything was fine for a while until the Credit Store was sold. I have several problems with the new agency.......

1. they won't send statements on accounts
2. I can't make payments on the phone or over the internet

3. They don't want to talk to me about my balance.
They claim only one person has access to that information. That person is hard to reach.

4. I wanted to settle the account but they only wanted to make a over the phone deal. In other words they would not send me something in writting.

I would be ashamed to tell anyone I work for CAMCO, because they are predators. People have many valid reasons as to why they could not or DID pay their creditors but paying to someone who bought a so called debt who is not their creditor will not insure that the original creditor will be paid. Gregg did not enter into a contract with CAMCO,he said he paid his debt to the credit store. When a place like your job buys old debts, they offer to settle the debt for a certain amount, this amount does not go to the original credtor it goes into your pockets and then the debt is resold again and the chain starts over and over, so that is why states have laws regarding time-barred debts; also, state have laws regarding whether a debt collector should be licensed to collect a so-called debt. In many states like mine you must pay a bond and obtain a license, and you must pay a fee per transaction. I decided after reading these reports on CAMCO and your sister Whitewing to check out the license. Guess what? Nothing!!! SO WHO IS HONEST? Many States Attorney general is investigating your company and your sister company. People are sending so-called bills that were discharged upon completion of bankruptcy and all bills.If CAMCO buys time-barred debts and bankruptcy discharges this is their fault not the person whose name is provided to them. I would not buy a box of candy without a receipt to return it if all I find upon opening, it was full of rocks. So before you assume or throw stones you should find another job and know what is going on.
Collection Agency Licensing Requirements:
1. The licensing of a consumer collection agency is governed under Section 36a-800, et seq. of the Connecticut General Statutes. Any person desiring to act within the State of Connecticut as a consumer collection agency must make a written application to the commissioner of the Department of Banking for such license in such form as the commissioner prescribes. The application shall be accompanied by (A) a financial statement prepared by a certified public accountant or a public accountant, the accuracy of which is sworn to under oath before a notary public by the proprietor, a general partner or a corporate officer duly authorized to execute such documents, (B) a license fee of four hundred dollars and (C) an investigation fee of one hundred dollars. A bond in the penal sum of $5,000.00 is also required. Detailed information and the required application and other forms may be obtained from:
State of Connecticut
Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103
Tel: (860) 240-8200 or toll-free 1-800-831-7225 Fax: (860) 240-8178

Aside from any SOL concerns, CAMCO also has no evidence of any debts allegedly owed by these people. They could not go before a judge and get either an order for garnishment of wages or a judgement against these people. But that doesn't stop you folks from consistently violating the Fair Debt Collection Practices Act by threatening legal action or garnishment of wages, harrassment, threats of arrest, etc.

I know all of this personally. I was contacted back in March, in writing. When I called and spoke with an Emily, she informed me that the "debt" in question went back to 1984. I immediately sent off a letter demanding documentation. What I received back was a "notarized" letter from a Jeff Garrington (not truly notarized, which is fraudulent) which is not documentation (documentation would be any papers I had signed with the original "creditor"). I had never heard of the company Emily mentioned, no documentation was provided, so what was the outcome? Simple! CAMCO dropped it. If CAMCO and its employees truly felt they were in the right they would not stop trying to collect on these "debts". Now, should CAMCO EVER decide to sell this to someone else, I will be personally suing CAMCO and the next company under the FDCPA, among other laws.

This company may "put food on" your kid's table, but if they keep it up you'll be out of a job soon. And if you've been guilty of committing the violations I mentioned above, you may end up paying out to those you have violated, thereby taking food out of your own kids' mouths. Do yourself a favor: get a job where you don't have to concern yourself with that. This company is a scam and it's going down. CAMCO is currently being investigated by several government agencies and attorneys are pursuing civil remedies against CAMCO and individual "collectors".

Aside from any SOL concerns, CAMCO also has no evidence of any debts allegedly owed by these people. They could not go before a judge and get either an order for garnishment of wages or a judgement against these people. But that doesn't stop you folks from consistently violating the Fair Debt Collection Practices Act by threatening legal action or garnishment of wages, harrassment, threats of arrest, etc.

I know all of this personally. I was contacted back in March, in writing. When I called and spoke with an Emily, she informed me that the "debt" in question went back to 1984. I immediately sent off a letter demanding documentation. What I received back was a "notarized" letter from a Jeff Garrington (not truly notarized, which is fraudulent) which is not documentation (documentation would be any papers I had signed with the original "creditor"). I had never heard of the company Emily mentioned, no documentation was provided, so what was the outcome? Simple! CAMCO dropped it. If CAMCO and its employees truly felt they were in the right they would not stop trying to collect on these "debts". Now, should CAMCO EVER decide to sell this to someone else, I will be personally suing CAMCO and the next company under the FDCPA, among other laws.

This company may "put food on" your kid's table, but if they keep it up you'll be out of a job soon. And if you've been guilty of committing the violations I mentioned above, you may end up paying out to those you have violated, thereby taking food out of your own kids' mouths. Do yourself a favor: get a job where you don't have to concern yourself with that. This company is a scam and it's going down. CAMCO is currently being investigated by several government agencies and attorneys are pursuing civil remedies against CAMCO and individual "collectors".

Aside from any SOL concerns, CAMCO also has no evidence of any debts allegedly owed by these people. They could not go before a judge and get either an order for garnishment of wages or a judgement against these people. But that doesn't stop you folks from consistently violating the Fair Debt Collection Practices Act by threatening legal action or garnishment of wages, harrassment, threats of arrest, etc.

I know all of this personally. I was contacted back in March, in writing. When I called and spoke with an Emily, she informed me that the "debt" in question went back to 1984. I immediately sent off a letter demanding documentation. What I received back was a "notarized" letter from a Jeff Garrington (not truly notarized, which is fraudulent) which is not documentation (documentation would be any papers I had signed with the original "creditor"). I had never heard of the company Emily mentioned, no documentation was provided, so what was the outcome? Simple! CAMCO dropped it. If CAMCO and its employees truly felt they were in the right they would not stop trying to collect on these "debts". Now, should CAMCO EVER decide to sell this to someone else, I will be personally suing CAMCO and the next company under the FDCPA, among other laws.

This company may "put food on" your kid's table, but if they keep it up you'll be out of a job soon. And if you've been guilty of committing the violations I mentioned above, you may end up paying out to those you have violated, thereby taking food out of your own kids' mouths. Do yourself a favor: get a job where you don't have to concern yourself with that. This company is a scam and it's going down. CAMCO is currently being investigated by several government agencies and attorneys are pursuing civil remedies against CAMCO and individual "collectors".

Aside from any SOL concerns, CAMCO also has no evidence of any debts allegedly owed by these people. They could not go before a judge and get either an order for garnishment of wages or a judgement against these people. But that doesn't stop you folks from consistently violating the Fair Debt Collection Practices Act by threatening legal action or garnishment of wages, harrassment, threats of arrest, etc.

I know all of this personally. I was contacted back in March, in writing. When I called and spoke with an Emily, she informed me that the "debt" in question went back to 1984. I immediately sent off a letter demanding documentation. What I received back was a "notarized" letter from a Jeff Garrington (not truly notarized, which is fraudulent) which is not documentation (documentation would be any papers I had signed with the original "creditor"). I had never heard of the company Emily mentioned, no documentation was provided, so what was the outcome? Simple! CAMCO dropped it. If CAMCO and its employees truly felt they were in the right they would not stop trying to collect on these "debts". Now, should CAMCO EVER decide to sell this to someone else, I will be personally suing CAMCO and the next company under the FDCPA, among other laws.

This company may "put food on" your kid's table, but if they keep it up you'll be out of a job soon. And if you've been guilty of committing the violations I mentioned above, you may end up paying out to those you have violated, thereby taking food out of your own kids' mouths. Do yourself a favor: get a job where you don't have to concern yourself with that. This company is a scam and it's going down. CAMCO is currently being investigated by several government agencies and attorneys are pursuing civil remedies against CAMCO and individual "collectors".

I work at CAMCO. It feeds my family. I would just like to say that more than half of the people I contact acknowledge that the debts are valid. They just refuse to pay based on the fact that the Statute of Limitations is up. I wish someone would please explain to me why all you people think that means the bill is gone. If I borrowed money from you 10 years ago and then just didn't pay you, would you still want your money the next time you saw me? Of course you would! In this case the statute would never cross your mind. Well that is how the company works.

I would also like to say that not all the collectors are rude and nasty. I never yell at my people. I never tell them anything that is not true. I never call them repeatedly in one day. We are taught to follow all of the FDCPA laws. So if you are out there and you are getting phone calls and you really believe the debt is not yours then cooperate with collector.

When you yell and scream and hang up that gives us the impression that you are lying and are just simply trying to get out of paying.

Collecting debts that are old are absolutely legal. We don't garnish wages, or take people to court. It is basically a moral issue. If you had financial problems when you stopped paying the bill that's fine, butif you are on your feet now and can handle it, then take care of it.