Government--especially the US and states Attorneys Generals--need to stop these companies who victimize consumers ASAP.::::::::
By Kevin Stoda
Please read the following correspondences which show the flim-flam
techniques of so-called credit management and credit help or credit
consolidations firms and their banks. (Yes, even Citibank used this
approach with me personally back in 2003--I fell for the scam. It is a
horrible scam that the US and Attorneys General need to do something
about.
STEPS 1 & 2: to Fool and Confound you as the Consumer/Debtor!
Hi!
I
had this Sears account that I'd stopped paying on in 11/2008 because of
losing my job. I had owed $9000 on this account at that time. I have
been busy dealing with other overdue accounts that I have had since
then.
Last
week on 1/7/2011, I'd received this settlement letter from this credit
agency called Credit Control, LLC. They state that the current creditor
on this debt is LVNV Funding, LLC. They state that the original
creditor is Sears (my old account).
In this letter, they state that they will settle my debt for $541.32.
They then state the notification clause of having up to 30 days to
dispute the validity of the debt.
Today,
1/13/2011, I received another settlement letter from Credit Control,
LLC. In this letter, they are telling me to forget about what was
stated in the previous letter that I had received on 1/7/2011. Instead,
in this current letter, they say they will settle my debt for $5954.47.
I
don't know what they are doing, this Credit Control, LLC. I am not sure
how to approach these two letters. Do I DV them, and to which one of
these letters? Of course, the original letter with the smaller
settlement amount is more appealing than the more recent letter. I get
the impression that someone out there at Credit Control, LLC does not
know what one hand or the other is doing.
Please help.
Thank you for your time in answering my question.
THE FIRST OFFER IS NO ACCIDENT. IT IS A COME-ON.
The bank or credit agency gets you--as unwitting consumer to fork
over about 500 dollars. Next, in the second letter, they say "WHOOPS,we
made a mistake" and they UP-the-Ante about ten-fold.
One lawyer writes: "Personally, I wouldn't pay Credit COntrol and I
wouldn't pay LVNV, unless you have a very good reason to. ".Making that
offer of a discount without telling you a 1099 would come your way is a
stated claim under the FDCPA ( see Ellis vs Cohen & Slamowitz)"
I want both LVNC and the Missouri firm,Credit Control LLC, --and all
other credit agencies to cease and desist from contacting my mother in
Missouri. They forced her to fork over 500 dollars the other day using
this same flim-flam.
Government--especially the US and states Attorneys Generals--need to stop these companies who victimize consumers ASAP.
KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social (more...)
