• Report: #252760

Complaint Review: Merchants Credit Guide

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  • Submitted: Wed, June 06, 2007
  • Updated: Fri, June 08, 2007

  • Reported By:chicago Illinois
Merchants Credit Guide
223 W. Jackson Blvd. Chicago, Illinois U.S.A.

Merchants Credit Guide Fraudulent billing and forgery ripoff Chicago Illinois

*UPDATE EX-employee responds: Ken Hughes is an alias for the senior v.p. of operations!!!

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I was contacted by Merchants Credit Guide Co regarding an outstanding debt from my college days. Uncertain as to the debt and wanting to clear any debts i may have had from those days, I agreed to pay them over the phone and gave them my bank information. A month later they had written themselves another check and had it not been because i have online banking i would not have found out about the fact until much later.

I immediately contacted my bank and opened a claim against Merchants Credit Guide Co. Shame on me for being so naive and not questioning them, so I'll bite the bullet. But I just want people to know that this company is a scam.

S. H
chicago, Illinois
U.S.A.

This report was posted on Ripoff Report on 06/06/2007 12:58 PM and is a permanent record located here: http://www.ripoffreport.com/r/Merchants-Credit-Guide/Chicago-Illinois-60606/Merchants-Credit-Guide-Fraudulent-billing-and-forgery-ripoff-Chicago-Illinois-252760. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 UPDATE EX-employee responds

Ken Hughes is an alias for the senior v.p. of operations!!!

AUTHOR: Maruwa - (U.S.A.)

Ken Hughes is an alias for the senior v.p. of operations, his real name is Ken Hill.
MCG has two other v.p's Al Brown, and Eric Dehart. I will provide direct #'s for both of them later down the road.

Most of the debts mcg is collecting is out of the statue of limitations, meaning legally you don't have to repay the debt because it is no longer legal to collect. They will try to run some moral obligation mumbo jumbo, just ignore it and tell them to cease and desist all contact with you.

The funny part about the mcg outfit is 99% of the collectors are in debt themselves! Talk about a conflict of interest! I have worked at mcg for over a year, some of the accounts don't even have social security #'s. Aw, another way to piss them off, when they ask to verify the last 4 digits of you social, don't. Another funny thing about mcg is they fired all of the in-house skip tracers, and now they outsource they're skiptrace department from india!

They has also closed the Arizona office because they said they lost money. MCG pays good, I have worked up until this month and have grossed $22,000.00 so far, some collectors have even made as much as $30,000.00 so far, and you don't have to have a college degree!
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