- Report: #323209
Complaint Review: Midland Credit Management; Aspire Visa; - Oaks, Pennsylvania
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Author Confirmed
Why?
Midland Credit Management; Aspire Visa;
MCM PO BOX 12421 Oaks,, 19456 Pennsylvania, U.S.A.
Phone:
888-3033005
Web:
N/A
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Business Rating:
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Tell us has your experience with this business or person been good?
Midland Credit Management; Aspire Visa; Midland Credit Management and Columbus Bank and Trust Aspire Visa conspire Oaks, Pennsylvania
It is now April 2008. I don't know how I got signed up for an Aspire Visa card in 1999, but I did not sign up for one. All of a sudden in 2001 I am getting collection letters from a Jefferson Capitol Collection agency, demanding $192.00. It is now April of 2008 and I just had Midland Credit Management agree to a cease and disist order. It works something like this; Aspire Visa charges you, automatically, for an insurance police with American Bankers and Trust @ $7.95/month. So let's say that you really did sign up for one of these cards and you don't use it. Well, netx month there is a $30.00 late fee plus another $7.95, so you now owe them $35.90 and you have'nt even used the card. Another month and you now owe them $73.80, and so on until the bank sends it to collections. These guys should be in jail for doing this. And we're worried about Al Qaeda? And I think that the guys that owned Jefferson folded and turned it into Midland and that the guys at Midland are on the Bank board at Columbus Bank & T?rust.
Shannon
richmond, Virginia
U.S.A.
Shannon
richmond, Virginia
U.S.A.
6 Updates & Rebuttals
Credit Knowledge
St Cloud,Minnesota,
U.S.A.
Should do more research
#2Consumer Comment
Tue, May 13, 2008
You should do your research and check your credit report more often. Jefferson Capital has not folded and Midland Credit has nothing to do with them. They only purchase accounts from many agencies and Jefferson Capital must be one of them. If you would have checked your credit report, you would have seen this early and been able to have it cleared up with the orginal creditor. Bill collectors keep the cost of credit manageable. If there were no collection agencies, how would credit lending businesses survive? They keep these lenders above water by selling debt that should be paid (for the most part). I agree that there are situations when an account may slip through that should have been closed, paid, etc. Agencies are collecting on legit debt with in the law. If they weren't, they wouldn't be in business long.
Credit Knowledge
St Cloud,Minnesota,
U.S.A.
Should do more research
#3Consumer Comment
Tue, May 13, 2008
You should do your research and check your credit report more often. Jefferson Capital has not folded and Midland Credit has nothing to do with them. They only purchase accounts from many agencies and Jefferson Capital must be one of them. If you would have checked your credit report, you would have seen this early and been able to have it cleared up with the orginal creditor. Bill collectors keep the cost of credit manageable. If there were no collection agencies, how would credit lending businesses survive? They keep these lenders above water by selling debt that should be paid (for the most part). I agree that there are situations when an account may slip through that should have been closed, paid, etc. Agencies are collecting on legit debt with in the law. If they weren't, they wouldn't be in business long.
Credit Knowledge
St Cloud,Minnesota,
U.S.A.
Should do more research
#4Consumer Comment
Tue, May 13, 2008
You should do your research and check your credit report more often. Jefferson Capital has not folded and Midland Credit has nothing to do with them. They only purchase accounts from many agencies and Jefferson Capital must be one of them. If you would have checked your credit report, you would have seen this early and been able to have it cleared up with the orginal creditor. Bill collectors keep the cost of credit manageable. If there were no collection agencies, how would credit lending businesses survive? They keep these lenders above water by selling debt that should be paid (for the most part). I agree that there are situations when an account may slip through that should have been closed, paid, etc. Agencies are collecting on legit debt with in the law. If they weren't, they wouldn't be in business long.
Credit Knowledge
St Cloud,Minnesota,
U.S.A.
Should do more research
#5Consumer Comment
Tue, May 13, 2008
You should do your research and check your credit report more often. Jefferson Capital has not folded and Midland Credit has nothing to do with them. They only purchase accounts from many agencies and Jefferson Capital must be one of them. If you would have checked your credit report, you would have seen this early and been able to have it cleared up with the orginal creditor. Bill collectors keep the cost of credit manageable. If there were no collection agencies, how would credit lending businesses survive? They keep these lenders above water by selling debt that should be paid (for the most part). I agree that there are situations when an account may slip through that should have been closed, paid, etc. Agencies are collecting on legit debt with in the law. If they weren't, they wouldn't be in business long.
Ting
Los Angeles,California,
U.S.A.
Same situation with me!
#6Consumer Comment
Tue, May 06, 2008
Hi Shannon, the same thing happens to me!!! I got a statment saying I owned Aspire card $470, and I dont even have or open that card!!! I called midland and request for account history, but they said they don't have these information. How should I pay for something that I did not owe at all!!! I was quite pissed off! Could you let me know how do you managed to ask them for a stop?
John
Louisville,Kentucky,
U.S.A.
re
#7Consumer Comment
Thu, April 03, 2008
Americans have been consistently voting in corporate-friendly Right Wing politicians for years to allegedly protect "values." The values being really protected are the ones of the big corporations...It is this environment that allows firms like Aspire to flourish....The American voting public made their bed and now they have to lie in it...
