- Report: #818483
Complaint Review: Genesis Financial Solutions - Beaverton Oregon
Reported By:
Catherine -
Pompano Beach, Florida, United States of America
Submitted:
Updated:
-
Author Confirmed
Why?
Genesis Financial Solutions
8405 SW Nimbus Ave, Suite A Beaverton, 97008-7185 Oregon, United States of America
Phone:
800-303-8341
Web:
Categories:
Business Rating:
(0)
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Genesis Financial Solutions 1st Offence 11/15/2007 Ripoff on old Credit Card Acct. Now ACH my checking account Beaverton , Oregon
THANKS TO ALL OF YOU WHO HAVE REPORTED GENESIS. I would never have known about them had I not needed contact information for them. They have committed a separate act in addition to the one described below. (See separate report for 2nd offense information)
1ST OFFENSE BY GENESIS.......SCAM PLUS!!!!
I received a letter/contract agreement back on 11/18/2007 from Genesis Financial Solutions offering a Pearl Gold Mastercard to settle a credit card debt of First Consumers National Bank that had been charged off for only 1/2 of the total amount that had been charged off. Thinking this would be a chance to repair some of my credit, I STUPIDLY accepted the offer in January of 2008 and have continuted to pay on it every month through this month January 2011. I didn't make the minimun payments I doubled it and authorized them to take ACH payments from my checking account.
1) Even though I have faithfully paid every month, it has done nothing but lower my credit rating. I am reporting them to FCRA and FDCPA. Their actions are outrageous.
2) I dug up my credit reports reflecting the FCNB account and this account has a ZERO BALANCE going back to 1998.
3) They effectively reaged this debt.
4) I have never used the MasterCard they issued and never will.
I don't know what the attorney will say yet, but I will be speaking with one.
Beware and know the statute of limitations on all of your debts.
1ST OFFENSE BY GENESIS.......SCAM PLUS!!!!
I received a letter/contract agreement back on 11/18/2007 from Genesis Financial Solutions offering a Pearl Gold Mastercard to settle a credit card debt of First Consumers National Bank that had been charged off for only 1/2 of the total amount that had been charged off. Thinking this would be a chance to repair some of my credit, I STUPIDLY accepted the offer in January of 2008 and have continuted to pay on it every month through this month January 2011. I didn't make the minimun payments I doubled it and authorized them to take ACH payments from my checking account.
1) Even though I have faithfully paid every month, it has done nothing but lower my credit rating. I am reporting them to FCRA and FDCPA. Their actions are outrageous.
2) I dug up my credit reports reflecting the FCNB account and this account has a ZERO BALANCE going back to 1998.
3) They effectively reaged this debt.
4) I have never used the MasterCard they issued and never will.
I don't know what the attorney will say yet, but I will be speaking with one.
Beware and know the statute of limitations on all of your debts.
