- Report: #78452
Complaint Review: Camco Capital Acquisition - Rockford Illinois
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Camco Capital Acquisition
PO 5087 Rockford, 61125 Illinois, U.S.A.
Phone:
877-320 3145
Web:
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Camco Capital Acquisition ripoff sucked me in! Help! Rockford Illinois
*Consumer Suggestion: They will drain you with their scam. call your bank and close the account. Tell them you were defrauded !
*UPDATE Employee: DO NOT BE FOOLED, If this company is ever calling you it is because they KNOW THEY CAN NOT LEGALLY COLLECT ON THE DEBT.
*Consumer Suggestion: they can get around the fdcpa
I got a call tonight from a Camco Rep, regarding a legitimate credit card I used 14 years ago. Oddly enough, I actually fell for this same scam last summer and settled on the credit card, so it was completely paid off and the account closed.
The Camco rep said they had no record of this. He told me that if I agreed to make payments, they would settle for 75% less than the entire amount, but that I needed to act before the end of the month- 2 days. He said if I was able to prove the account had already been settled, they would not post my checks. I gave him the routing number.
I'm desperately searching for a record of the payment I made last summer. I've already called the previous company to whom I made the payment; they said they have NO records of payment and they acknowleged that the debt was sold. What can I do? I've agreed to pay and given them my routing number. They said they've filed a claim against me in my county. Help!
Ramona
Fort Mitchell, Kentucky
U.S.A.
The Camco rep said they had no record of this. He told me that if I agreed to make payments, they would settle for 75% less than the entire amount, but that I needed to act before the end of the month- 2 days. He said if I was able to prove the account had already been settled, they would not post my checks. I gave him the routing number.
I'm desperately searching for a record of the payment I made last summer. I've already called the previous company to whom I made the payment; they said they have NO records of payment and they acknowleged that the debt was sold. What can I do? I've agreed to pay and given them my routing number. They said they've filed a claim against me in my county. Help!
Ramona
Fort Mitchell, Kentucky
U.S.A.
3 Updates & Rebuttals
Scott
Akron,Ohio,
U.S.A.
they can get around the fdcpa
#2Consumer Suggestion
Mon, February 02, 2004
well jack, I agree with everything you said except the reason they keep an office in jamaica. It is not so they can get around the fdcpa. All of their employees when collecting in the USA have to abide by the fdcpa whether they are out of country or not. This holds especially true when they are home based out of the states. The real reason they have a jamaica office is that is where their main bank account is. You see, in a class action lawsuit a company can be sued for 1% of their worth. By funneling money out of the country they hide it and their true value so when they are sued(pretty much every day) and if they lost a class action the victims would get far less than they are entitled to.
Jack
Rockford,Illinois,
U.S.A.
DO NOT BE FOOLED, If this company is ever calling you it is because they KNOW THEY CAN NOT LEGALLY COLLECT ON THE DEBT.
#3UPDATE Employee
Sat, January 31, 2004
I am a former employee of this scandalis company. If this company is ever calling you it is because they KNOW THEY CAN NOT LEGALLY COLLECT ON THE DEBT. The only reason why they collect on debt that is so old is because they buy it for 1/10 of a cent on the dollar. EVERYTHING they collect on is past the statue of limiations, EVERYTHING. This company also has office in Jamica and other countries as well. This is so they don't have to abid by all the regulations the FDCPA...FAIR DEBT COLLECTION PRATICES ACT....(to know more about these visit www.FDCPA.COM. Also, NEVER GIVE ANY OF YOUR BANKING INORMATION TO THEM EITHER. They will constantly try to re-deposit your check. BEWARE OF CAMCO.
Scott
Akron,Ohio,
U.S.A.
They will drain you with their scam. call your bank and close the account. Tell them you were defrauded !
#4Consumer Suggestion
Thu, January 29, 2004
Immediately NOW NOW NOW call your bank and close the account. Tell them you were defrauded into giving them your routing number because they threatened you illegal. There is no claim. They are full of crap. Scroll below and find my other post for more information about this company. You owe them nothing. NOTHING. Move quickly or you will lose it all.
