- Report: #80915
Complaint Review: CAMCO - Capital Acquisition And Management Company - Rockford Illinois
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Author Confirmed
Why?
CAMCO - Capital Acquisition And Management Company
P.O. Box 5087 Rockford, 61125 Illinois, U.S.A.
Phone:
877-298-0845
Web:
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CAMCO - Capital Acquisition And Management Company ripoff I feel violated by this company Rockford Illinois
Today I received a letter from CAMCO stating that I owed over $10,000 on a previous debt from 18 years ago. ($6,000+ being interest of 8%). It was beyond belief. I owe nothing! I promptly called the company and talked to a nice enough woman about the situation and was finally transfered to a Tyrone Davis.
Mr. Davis contradicted some of the things that the previous person had told me, but he had all the information of my previous addresses, and also my social security number. He only had my last name wrong. (It was a previous name).
He told me that he would ask for authorization to lower the amount to $1,138.39. I kept telling him that I do not owe anything. He had me in tears! He told me that he is the "adjuster" and that the letter that I would write to dispute would go to him and that he would be making the decision if the debt. would be pursued or closed. He told me that the current President (Bush)signed into law the fact that they could go after "dead accounts" if that account was still being charged interest. He said I had a Master Card from a "Colonial" Company. He also told me that some of the things he was telling me he would deny he ever saif if I told anyone.
I told him that I have good credit. That I went through a divorce and that all debts were paid years ago. That I have a good credit report, and do not owe this debt.
Mr. Davis told me that because the debt. was $10,000 that he knew that "they" would not drop it. That he would be putting it on my credit report. He also told me that statements were being sent to previous addresses every 2 months. I told him that, that was not true... and called my ex later to verify it. He told me that the Post Office guaranteed that a credit card was sent to a previous address of mine 18 years ago, and that, that is proof that the debt is mine. He also said that the statements (that I said I never got) looked like "Pre-approved" credit card correspondence. When upon opening the statement I was offered a credit card with the existing debt of over $10,000 as a balance on it...and was prompted to pay off that debt.
This is insane! I do not owe this. Thank you to everyone and to this site. I have already emailed the BBB in Rockford, IL. I will also contact all the other organizations and persons that are referred to at this site. I was so totally blown out of the water and upset over this...I definetly want to join a lawsuit against these people. They totally got to me on this one!
Deborah
San Diego, California
U.S.A.
Click here to read other Rip Off Reports on Capital Acquisitions
STOP! ..before you think about using the Better Business Bureau (BBB)... CLICK HERE to see how other consumers were victimized by the BBB's false or misleading information. Don't be fooled! It has been reported, when there are thousands of complaints and other investigations underway by authorities, the BBB has no choice but to finally give an UNsatisfactory rating to a BBB member business that is paying the BBB big membership fees every year. When a business is reported that is NOT a BBB member, BBB files WILL more likely show an UNsatisfactory rating, then reportedly shake down that company to become a member of the BBB. One positive thing about the BBB is, either way, if a business has an unsatisfactory rating with the BBB, you can be sure, the business is bad. But what about all those BBB member businesses that had complaints filed against them? Consumers never get to hear about them. What about the BBB advertising to the public? Is this a false and misleading perception they are giving about consumer confidence when dealing with a business? Click here to understand more of what consumers and business alike are saying about the BBB. You decide. ..Remember. The BBB membership is not earned, it's paid for!
Mr. Davis contradicted some of the things that the previous person had told me, but he had all the information of my previous addresses, and also my social security number. He only had my last name wrong. (It was a previous name).
He told me that he would ask for authorization to lower the amount to $1,138.39. I kept telling him that I do not owe anything. He had me in tears! He told me that he is the "adjuster" and that the letter that I would write to dispute would go to him and that he would be making the decision if the debt. would be pursued or closed. He told me that the current President (Bush)signed into law the fact that they could go after "dead accounts" if that account was still being charged interest. He said I had a Master Card from a "Colonial" Company. He also told me that some of the things he was telling me he would deny he ever saif if I told anyone.
I told him that I have good credit. That I went through a divorce and that all debts were paid years ago. That I have a good credit report, and do not owe this debt.
Mr. Davis told me that because the debt. was $10,000 that he knew that "they" would not drop it. That he would be putting it on my credit report. He also told me that statements were being sent to previous addresses every 2 months. I told him that, that was not true... and called my ex later to verify it. He told me that the Post Office guaranteed that a credit card was sent to a previous address of mine 18 years ago, and that, that is proof that the debt is mine. He also said that the statements (that I said I never got) looked like "Pre-approved" credit card correspondence. When upon opening the statement I was offered a credit card with the existing debt of over $10,000 as a balance on it...and was prompted to pay off that debt.
This is insane! I do not owe this. Thank you to everyone and to this site. I have already emailed the BBB in Rockford, IL. I will also contact all the other organizations and persons that are referred to at this site. I was so totally blown out of the water and upset over this...I definetly want to join a lawsuit against these people. They totally got to me on this one!
Deborah
San Diego, California
U.S.A.
Click here to read other Rip Off Reports on Capital Acquisitions
STOP! ..before you think about using the Better Business Bureau (BBB)... CLICK HERE to see how other consumers were victimized by the BBB's false or misleading information. Don't be fooled! It has been reported, when there are thousands of complaints and other investigations underway by authorities, the BBB has no choice but to finally give an UNsatisfactory rating to a BBB member business that is paying the BBB big membership fees every year. When a business is reported that is NOT a BBB member, BBB files WILL more likely show an UNsatisfactory rating, then reportedly shake down that company to become a member of the BBB. One positive thing about the BBB is, either way, if a business has an unsatisfactory rating with the BBB, you can be sure, the business is bad. But what about all those BBB member businesses that had complaints filed against them? Consumers never get to hear about them. What about the BBB advertising to the public? Is this a false and misleading perception they are giving about consumer confidence when dealing with a business? Click here to understand more of what consumers and business alike are saying about the BBB. You decide. ..Remember. The BBB membership is not earned, it's paid for!
