Merchant's Credit Guide ripoff--yet another attempt by these con-artists AKA HFN-Associates, LVNV Funding, Sherman Acquisition, Resurgent Capital, FNBM !! thank you Rip-off Report! Chicago Illinois
Hello,
I just received a letter from these people in the mail; when I searched them online, I found this website. I am unsure as to what the exact situation is--I have a bad credit card debt that should be too old to collect, but my husband and I also recently paid off his old school loans (a very similar amount).
They say I owe them $1,069.33, or they will settle for 50% or 70%--the same offer as I have seen reported here. I will file the complaints and demand a debt verification, but I am sure that I do not owe this (the credit card thing was $400, back when I was in college, and Oklahoma's SoL is 5 years max).
This is a great website, and I wanted to say thanks to everyone who took the time to tell their stories so we would all know about these people and what to do.
Also, I would like to know if this company has ever managed to cause damage to anyone's credit rating through their fraudulent practices. Additionally, I wanted to provide for everyone all the company names that are on my letter--some of these are not on this site and I want to ensure that everyone knows ALL the guises under which the scum may represent themselves.
HFN-Associates (listed as my original creditor)
LVNV Funding LLC
Sherman Acquisition, LP
Sherman Acquisition, L.L.C.
Resurgent Capital Services, L.P.
FNBM, LLC (online, the most frequently returned result for this is: First National Bank of Marin)
Ascent Card Services, LLC
Ascent Card Services II, LLC
Rhonda
Tallahassee, Florida
U.S.A.
3 Updates & Rebuttals
Alesia
Birmingham,Alabama,
U.S.A.
Fighting Back
#4Consumer Comment
Fri, June 09, 2006
I got a letter from Merchants on May 12 regarding an old Cross Country account that has been charged off for more than 8 years.
I responded to Merchants with the SOL letter as well as a cease and desist.
I pulled my credit report this week and saw that Merchants reported the account on my credit file as a collection account May 2006. Talk about working fast. It caused my credit score to take a nose dive.
I have worked very hard over the years to get my credit back in shape and I have a credit score over 700 and that includes a bankruptcy (7 years old).
After discovering the mark on my credit file. I sent them a debt validation letter which again included that the SOL has long passed.
I also included with that letter a copy of my credit report from 5 years ago which list the very same debt they are now reporting. I have sent this to Merchant all, the three big credit bureaus, my state's attorney general's office and the FTC. They have picked the wrong one to try and screw without kissing first. I will keep you posted.
Remember they don't care if the debt is uncollectable or past the time to be legally reported - they will do it because the game is to intimidate unsuspecting people of paying something. Don't let them get away with it.
Tammy
Memphis,Tennessee,
U.S.A.
spying on my credit report
#4Consumer Comment
Sun, June 04, 2006
Today I notice them spying on my credit report. It was a soft inquiry dated 01/03/2006. There is no collection mark on my report from them yet. Anyone knows what they are up to?? I also noticed a company name verifacts was snoopind also on 12/06/2004, which I heard was a skip trace company. Then of course CAVALRY PORTFOLIO put a collections on my report as of March of this year. For a collections for an alleged AT&T wireless bill thats a "fake" not "FRAUD! Anyone have any ideas what the hell they are up to? Are these companies associated running scam together??
De
LAS VEGAS,Nevada,
U.S.A.
DON'T LET THEM GET AWAY WITH IT!
#4Consumer Comment
Wed, May 31, 2006
I HAVE ALSO BEEN VICTIMIZED BY THESE LOW LIFES! THEY ARE ON THE ROLE! IF YOU NOTICE, JUST THIS PAST YEAR ALREADY 19 COMPLAINTS! RIGHT HERE AT BAD BUSINESS BUREAU! WHO KNOWS HOW MANY OTHERS ARE BEING HARRASSED AND THREATENED BY THIS BOGUS ATTORNEY OFFICE TRYING TO STEAL MONEY!
HERE IS A WEBSITE THAT WILL HELP US.
NOTE: THEY ARE ON THE LIST OF ATTORNEY OFFICES THAT HAVE LAWSUITS AGAINST THEM!
THIS SITE TOO WILL HELP YOU FIND AN ATTORNEY IN YOUR AREA ETC.
GOOD LUCK!