CAMCO - Capital Acquisitions and Management Company's Michael Terry, began calling me on October 17th. He stated that I had a Citibank Visa from 1990 and that I owed $1352.62. I told him that I did have a secured visa back then that was eventually written off, but it was for a very small balance and I didn't think it was with Citibank. He was able to verify 2 previous addresses, both addresses he said came back undeliverable. Not true. He told me that if I didn't pay that he was going to file a complaint with the State of California. I explained that the statute of limitations for our state was 7 years and he countered with that Citibank was never able to collect this debt due to them never being able to find me. Hummmmm, the two addresses they had were accurate.
They threatened me with having to go to court and wage garnishment. I looked them up on line and with the BBB and found out a lot about CAMCO. This is a huge scam.
I filed complaints with BBB, the Federal Trade Commission, Transunion Credit and now here.
Let's stop this company from ripping off anyone else!
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