- Report: #77122
Complaint Review: CAMCO - Capital Acquisition Managment - Rockford Illinois
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Author Not Confirmed
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CAMCO - Capital Acquisition Managment
303 N. Main Street Rockford, 61125 Illinois, U.S.A.
Phone:
877-298-0845
Web:
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CAMCO Capital Acquisition Managment ripoff! They tried to talk me into faxing them a voided check to pay off fake debt! Rockford Illinois
DO NOT SEND A VOIDED CHECK TO THIS COMPANY. They can re-open a dead or settled account if you send money!
I received a call last night saying I owed $500 on a credit card I had 15 years ago. I settled with that credit company in 1992 and it is no longer in my report. They wanted to pay $1100 (due to interest) and if I were agreeable I can settle it now without the interest. I was very confused at their request and asked them to send me some type of proof of this information or documentation, but CAMCO refused by saying my attorney can only get that information. I was threatened if I did not pay they will file it with the credit bureau. There were several things said in the conversation that got me to think that this was a scam. Such as trying many different ways to talk me into faxing them a voided check!
I told them I would need to do some checking with my files to see what they are talking about and they said that would be fine but could I send them a voided check with the discounted amount agreed. I told them I would not give them my band account number because I am not sure who they are and I told the person "how do I know you are not some person in a boiler room in NJ trying to rip me off". Needless to say I did not give them any account information and decided to check them out. I am glad I found your web site.
I wonder how does this company stay in business and not be in trouble with the law? This is fraud. A federal offense. I will be reporting these folks to the FBI. I suggest others do the same.
Carolyn
Plano, Texas
U.S.A.
I received a call last night saying I owed $500 on a credit card I had 15 years ago. I settled with that credit company in 1992 and it is no longer in my report. They wanted to pay $1100 (due to interest) and if I were agreeable I can settle it now without the interest. I was very confused at their request and asked them to send me some type of proof of this information or documentation, but CAMCO refused by saying my attorney can only get that information. I was threatened if I did not pay they will file it with the credit bureau. There were several things said in the conversation that got me to think that this was a scam. Such as trying many different ways to talk me into faxing them a voided check!
I told them I would need to do some checking with my files to see what they are talking about and they said that would be fine but could I send them a voided check with the discounted amount agreed. I told them I would not give them my band account number because I am not sure who they are and I told the person "how do I know you are not some person in a boiler room in NJ trying to rip me off". Needless to say I did not give them any account information and decided to check them out. I am glad I found your web site.
I wonder how does this company stay in business and not be in trouble with the law? This is fraud. A federal offense. I will be reporting these folks to the FBI. I suggest others do the same.
Carolyn
Plano, Texas
U.S.A.
4 Updates & Rebuttals
P
Columbia,South Carolina,
U.S.A.
SCAMCO - How to respond to them
#2Consumer Comment
Thu, January 15, 2004
CAMCO is notorious for trying to collect debts that are out of the statute of limitations. There is nothing that they can legally do to you this far out, even if you did owe the money. If they threaten to report you to any credit reporting agency, tell them you'll sue for violations of the FDCPA. Bad debts can only be reported for 7 years past the date of your last payment. If the rep calls again, ask the rep for his name and mailing address and tell him you'll be sending something to him in the mail. Then, write up and cease and desist letter telling them that the debt is beyond the statute of limitations and not to contact you again. You must send it CRRR (Certified Return Receipt Requested) to prove that you sent the letter. My guess is that you will never hear from them again afterwards. Also, never give a collection agency any bank account or credit card information. They can clean out your account if they have the right information. If you must deal with making payments to a collection agency, use money orders.
P
Columbia,South Carolina,
U.S.A.
SCAMCO - How to respond to them
#3Consumer Comment
Thu, January 15, 2004
CAMCO is notorious for trying to collect debts that are out of the statute of limitations. There is nothing that they can legally do to you this far out, even if you did owe the money. If they threaten to report you to any credit reporting agency, tell them you'll sue for violations of the FDCPA. Bad debts can only be reported for 7 years past the date of your last payment. If the rep calls again, ask the rep for his name and mailing address and tell him you'll be sending something to him in the mail. Then, write up and cease and desist letter telling them that the debt is beyond the statute of limitations and not to contact you again. You must send it CRRR (Certified Return Receipt Requested) to prove that you sent the letter. My guess is that you will never hear from them again afterwards. Also, never give a collection agency any bank account or credit card information. They can clean out your account if they have the right information. If you must deal with making payments to a collection agency, use money orders.
P
Columbia,South Carolina,
U.S.A.
SCAMCO - How to respond to them
#4Consumer Comment
Thu, January 15, 2004
CAMCO is notorious for trying to collect debts that are out of the statute of limitations. There is nothing that they can legally do to you this far out, even if you did owe the money. If they threaten to report you to any credit reporting agency, tell them you'll sue for violations of the FDCPA. Bad debts can only be reported for 7 years past the date of your last payment. If the rep calls again, ask the rep for his name and mailing address and tell him you'll be sending something to him in the mail. Then, write up and cease and desist letter telling them that the debt is beyond the statute of limitations and not to contact you again. You must send it CRRR (Certified Return Receipt Requested) to prove that you sent the letter. My guess is that you will never hear from them again afterwards. Also, never give a collection agency any bank account or credit card information. They can clean out your account if they have the right information. If you must deal with making payments to a collection agency, use money orders.
P
Columbia,South Carolina,
U.S.A.
SCAMCO - How to respond to them
#5Consumer Comment
Thu, January 15, 2004
CAMCO is notorious for trying to collect debts that are out of the statute of limitations. There is nothing that they can legally do to you this far out, even if you did owe the money. If they threaten to report you to any credit reporting agency, tell them you'll sue for violations of the FDCPA. Bad debts can only be reported for 7 years past the date of your last payment. If the rep calls again, ask the rep for his name and mailing address and tell him you'll be sending something to him in the mail. Then, write up and cease and desist letter telling them that the debt is beyond the statute of limitations and not to contact you again. You must send it CRRR (Certified Return Receipt Requested) to prove that you sent the letter. My guess is that you will never hear from them again afterwards. Also, never give a collection agency any bank account or credit card information. They can clean out your account if they have the right information. If you must deal with making payments to a collection agency, use money orders.
