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  • Report:  #229677

Complaint Review: Merchants' Credit Guide - Chicago Illinois

Reported By:
- somewhere, Other,
Submitted:
Updated:

Merchants' Credit Guide
223 W. Jackson Blvd. Chicago, 60606 Illinois, U.S.A.
Phone:
888-249-1037
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Got a collection letter from these jokers. Same old drill that I have read about here. Offering 50% as settlement, or 3 payments equalling 70%.

They are claiming an account with Amoco Oil and say they are collecting for their client, LVNV Funding LLC.

I have never heard of any of these places until I got this, what I consider, daunting letter.

I will be firing off a letter to Mr. Ken Hughes today and a copy to the Illinois AG.

More people should know about this site, I am eternally grateful.

M B

somewhere
U.S.A.


1 Updates & Rebuttals

P

Dallas,
Texas,
U.S.A.
YOU WILL BE RECEIVING SOME EXCELLENT ADVICE FROM PEOPLE HERE

#2Consumer Suggestion

Wed, January 10, 2007

Merchants has numerous listings under the topic collection agencies - best to do a search with the name to bring up all the complaints ... here is some additional info from another consumer advocate group budhibbs.com in addtion to the solid advice other posters will provide ... Merchants Credit Guide Co. aka/CFB Financial III, LLC 223 W. Jackson Blvd., #900 Chicago, IL 60606 Phone: (312) 360-3000 888-249-4134- Fax: (312) 360-3024 Also: 1308 State Highway37 West Frankfort, IL 62896 Phone: (618) 937-4665 Fax: (618) 932-6127 CFB Financial III, LLC Barry P. Siegal, Agent for Service 55 W. Monroe St. #500 Record Office: 223 W. Jackson Blvd., #900 Chicago, IL 60606 Head Debt Collectors: Daniel F. Burtis, President Michael Fromknecht, President Gregory Fuchs, Vice President Edwin S. Burtis, Secretary, Treasurer Kenneth Hill, VP Operations Bud Says Rarely has one organization generated the number of complaints that this one has. Consumers coast to coast are complaining about Merchants Credit Guide Co. attempting to collect on debts that are time barred by statute. Agency owner and President Greg Fuchs, Daniel F. and Edwin S. Burtis are a class action law suit waiting to happen. Merchants is a bottom-feeder who purchased and is attempting to collect on debts that are ten, twelve, fifteen years old and longer. These slimy dumpster divers have taken the slime to yet another low, with their illegal practices. Merchants is collecting for it's own subsidiary; CFB Financial III, LLC (IL LLC) on debts so old, most are time barred by statute meaning they can no longer be litigated, they can no longer be placed on your credit reports and the slime at Merchants and CFB Financial can be sued for their illegal debt collection practices. Some Citibank accounts were originally charged off back in the 90's, which tells me that owner's Burtis likely paid just pennies for them. Their debt collectors are poorly trained, making threats of actions they cannot take and we are receiving many complaints of time barred debts appearing on credit reports. The good news is you can sue these idiots and may even be able to recoup legal fees in your suits. What the Burtis's are doing is not new or even unique, just a different spin on an old consumer scam, to rip off unsuspecting consumers. Consumers a warned NOT to fall victim of the scam. Now is the time for consumers to go after this low-life, sleazy bottom feeders that lie and steal money they are NOT entitled to. Anyone having inside information on Burtis and the lawbreakers who work for him get in touch with me. We are seeking any information available on Fuchs & Burtis such as where they live, what they drive, church, organizations, family, connections, anything at all, get it to us. This also includes the sleazy employees working there; let's focus on them to see who and what they are, when they are not on a crime spree. Many complaints are for accounts consumers do not even owe, however the idiots at MCG have a lot of trouble understanding that. Wonder what their drug testing policy is? Anyone being contacted by Merchants Credit Guide is urged to NEVER send them money, they are a scam. All of the debts they are attempting to collect appear to illegal. You do NOT legally have to pay on a debt that is time barred. If Merchants Credit Guide Co. has accessed or placed information on your credit bureau report(s), they may have committed a crime. You may be able to collect a fee of $1,000 from them AND have Merchants Credit Guide pay your attorney fees. Fuchs, Burtis and their goons are liars and con men, let's hold them accountable. If you need a good consumer attorney, I recommend the experts at: naca.net You may want to consider legal actions against Fuch, Burtis and Merchants if warranted. Tape record their calls (where legal) as tapes go a long way in court settlements. This group of dumpster slime won't be around long, let's hasten their demise by going after their illegal debt collection practices. Contact me if you have personal information on Gregory Fuchs, Edwin S. and Daniel Burtis or the other goons working at Merchants Credit Guide Co and CFB Financial III. I also recommend you visit the Ripoff Report for more: http://www.ripoffreport.com/reports/ripoff171912.htm

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