I worked for Conseco as a top collector for two years and I can tell you what the up and up is on this company. We are told to get payament no matter what, and if you get to a certain amount of payements by the end of the month, you get bonuses. So most of the collectors keep your checking account information and do a check by phone if they cant get in touch with you, without YOUR authorization, to make the bonus. If you get really behind and they cant get on touch with you, a collector will sign YOUR NAME to an extention form and magically you have an extention! Yes it looks good for the stock holders, but it gets better. Some loans get extentions, then another extention, than another extention with no payments ever made!
It looks good on paper and the stock holders, but its fraud and its encouraged by the mamager Jim and Christy. I won a trip to Hawaii and lots and lots of money, but the deal breaker is when I was called by a man at a mobile home park and siad he was going to get me and my daughter. You see I found out COnseco reps were putting homless people in mobile homes under stolen names and I was putting the peices together! I was scared!
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