Jefferson Capital Systems - RJM Acquisitions I don't have a clue what they are talking about ripoff Saint Cloud Minnesota

I see a telephone number listed. Is that for Jefferson Capital. I had some credit issues a couple of years back and after catching up I only had one more debt. I received the exact same offer they sent to you only mine was a legit debt. The debt was only about 2 years old so I doubt if it was out of the statute of limitations. Anyway, since I had gotten back on my feet, I paid the debt off well before the one year they give. It took them almost 3 months to send me a credit card(when they claimed 4-6 weeks). Not only that, they would claimd that it takes 7-10 days for a check to clear. I have never heard this non-sense in my life. Once you cash the check and it shows as cashed on my bank statement, the money is gone from my account. What is with the 7-10 extra days? Anyway, I have had the credit card almost a year now. I paid that down to a zero balance fairly quickly and only occasionally use the card. For some strange reason, this past June I have an item on my credit report from Jefferson Capital saying I was in collections and 4 months or more overdue. So I tried calling them and the number kept going directly to Majestic Visa. They claimed Jefferson Capital was a different company, they don't have a number for them and they don't why it is on my credit report. They tell me I need to speak with Jefferson Capital so I ask for a number, they give me a number which sends me to Majestic Visa. It's one big run around. Then they proceeded to tell me that I was late with a payment on my Majestic Visa, but as a courtesy they didn't report it to the credit bureaus but then started threatening me telling me they could report it because it's not too late. The thing is, I paid the bill on time, the check was cashed before the due date and the money was gone from my account before the due date but that 7-10 days b.s. that they claim it takes to clear a check overlapped and was after the due date.

After some unforesen circumstances a couple of years ago, I have been able to quickly get myself back on my feet. I have a zero balance on that Majestic Visa and I am about to cancel it as soon as I get a new credit card to replace the credit I will lose. Stay away from Majestic Visa/Jefferson Capital no matter how desperate you may be. It will only cause more trouble.

The intent is to get you to "reaffirm" a "debt" that may be way beyond the statute of limitations or that doesn't belong to you at all. Unfortunately, many people don't understand their rights, get scared and agree to their "terms" and end up paying thousands of dollars that they do not legally owe. What many people don't understand is that these "deals" do far more harm to their credit by getting the SOL clock started again.

I'm sure your attorney will send them a letter demanding validation and you will likely never hear from these sleazebags again. They prey on people's ignorance of their rights and fear.

You should also file a complaint with the state AG and the Federal Trade Commission. RJM and Jefferson are actually "sister" entities and run by the infamous Hanna family. They attempted to "legitimize" by public trading, but in fact, are now more predatory to keep their investors happy. Junk debt buying is big business.

Good luck!