Usacomplaints.com » Business & Finance » Complaint / Review: Capital Acquisition And Management Company (CAMCO) - Collections Fraud - Would love to see them stopped. #68870

Complaint / Review
Capital Acquisition And Management Company (CAMCO)
Collections Fraud - Would love to see them stopped

My experience with CAMCO is not much different than the rest. Phone call (they had my SS Number and lots of past information). Their representative indicated that I owed over $4,000 and in the same sentence offered a settlement of $1,500. The "debt", which I don't remember or regognize is 18 years old!

I mentioned to their phone rep that the SOL here in California is 4 years and he said, "That doesn't matter - we just got this debt for collection". A quick call to my attorney confirmed that these folks are way out of line. So, my certified Cease and Desist letter is on it's way to them.

All of that being said, I'm mad. Really mad. I'm mad that CAMCO tried to put one over on me. I'm mad for the poor folks that have actually paid them. If real giants like ENRON and Arthur Anderson can be brought down for illegal practices - CAMCO should be easy.

So, how about we all file (legitimate) complaints with the FTC, use those national calling plans to phone the BBB, Attorney General, news organizations, and local officials in Rockford.

I'm starting tomorrow. That is my promise to all of you.

Who knows? Perhaps soon we will see some of those lovely people behind the threatining phone calls and intimidating letters on 60 Minutes. Wouldn't that be sweet!

Take care all. And please don't let them get away with this.

Bill


Offender: Capital Acquisition And Management Company (CAMCO)

Country: USA   State: Illinois   City: Rockford
Address: P.O. Box 5247
Phone: 8667455420

Category: Business & Finance

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