Steve
Tucson,#2Consumer Suggestion
Wed, March 10, 2004
Capital Acquisitions is what is known as a Junk Debt Buyer - they purchase old, charged off accounts at a couple of pennies on the dollar and try to collect the whole dollar plus interest. CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report. In this particular case the links they were providing requires navigating through credit card offers, ads, etc. BTW, there is a good possibility that a Junk Debt Buyer will violate the Fair Debt Collection Practices Act or the Fair Credit Reporting Act. Two of them did with me and I successfully sued them for the violations and collected $1000 from each of them.