CAMCO Camco Captial Acquisitions & Management
CAMCO ripoff ripoff waste of time ancient debt revisited

Hello. I would like to make a comment concerning CAMCO and would appreciate any advice.in July '84 I relocated my family from Jacksonville Fla to North Carolina.

At that time I was responsible for a car loan from Barnett Bank in Jacksonville. My employment attempts did not go as well as anticipated and as a result the vehicle was repossessed.

I accepted the consequences of my default and suffered with this black mark on my credit history for approximately eight years until it was finally cleared.

In the fall of '95 I was in a position to purchase another vehicle and applied for a loan of approx $10,000. This loan was granted by the same Barnett Bank. This loan was paid in full according to all agreements set forth and a clear title was issued.

About two months ago I received a phone call from an unidentified source attempting to collect monies from the repossession almost 20 years earlier. I ignored the claims of the caller and had not heard any more.

This week I have received a letter from CAMCO stating I owe approx $3800. This is ridiculous having to deal with a situation 20 years old. Especially concerning a loan from a bank that issued me a loan years later. It does not seem unreasonable for me to think the bank would never have granted a new loan in '95 had any balance been owed.

Company: CAMCO Camco Captial Acquisitions & Management
Country: USA
State: Illinois
City: Rockford
Address: P O Box 5087
Phone: 8772980845

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