• Report: #85399

Complaint Review: Van Ru Credit Corporation

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Thu, March 25, 2004
  • Updated: Fri, March 02, 2007

  • Reported By:Reno Nevada
Van Ru Credit Corporation
150 Sunnyslope Suite 08 Brookfield, Wisconsin U.S.A.

Van Ru Credit Corporation Did not fulfill their end of our verbal and written agreement Brookfield Wisconsin

*Consumer Comment: Isn't That A Violation Of The Fair Credit Reporting Act

*Consumer Suggestion: Van Ru is trash, learn to protect yourself

*Consumer Comment: dispute debt with credit bureaus

*UPDATE Employee: Van Ru Does Not Purchase Accounts

*UPDATE EX-employee responds: Not debt purchaser

*UPDATE EX-employee responds: bottom Feeder?

*Consumer Comment: Incorrect-VanRu IS a bottom feeder

*Consumer Comment: Technically, they're right

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Van Ru Credit corporation did not fulfill their part of our agreement. The representative for Van Ru Credit corporation acted as an agent for the ISUZU motor corporation and outlined terms of a settlement agreement for my repossed ISUZU Rodeo.

I was to pay two (2) equal payments of $2827.48 to satisfy my obligations to Isuzu Motors. Once these payments were recieved, Van Ru stated, in writing, that the account will be reported to the credit reporting agencies as a "paid settlement". I paid this $5654.97 to Van Ru Corporation and received conformation letters to the effect, but they never reported to the credit agencies that the account was now a "paid settlement".

I have all of the letters and payment conformation to support my case. Van Ru Credit corporation did not give me the service that I paid for. They now refuse any responsibility whatsoever and will not take my calls. I want my money back. Does anyone know what I can do to either get them to finish their job, or refund my money???

Ernest
Reno, Nevada
U.S.A.

This report was posted on Ripoff Report on 03/25/2004 05:00 PM and is a permanent record located here: http://www.ripoffreport.com/r/Van-Ru-Credit-Corporation/Brookfield-Wisconsin-53005-6461/Van-Ru-Credit-Corporation-Did-not-fulfill-their-end-of-our-verbal-and-written-agreement-Br-85399. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Van Ru Credit Corporation

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 8Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Isn't That A Violation Of The Fair Credit Reporting Act

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

If you have the letter and proof you paid off this debt, then I agree send a letter of complaint to the original creditor, a copy of your complaint to Van Ru and a copy of it to all the CB's, the States Attorney General's Office and the FTC, if you by law paid it, then I think your credit report has to reflect that, if not then it's my understanding that it's a violation of the Fair Credit Reporting Act, if indeed it is deemed a violation than it's a $2500 dollar fine....Good luck and keep us informed....
Respond to this report!
What's this?

#2 Consumer Suggestion

Van Ru is trash, learn to protect yourself

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

Naturally this collection agent is going to do whatever it takes to part you from your money. Get educated and you can easily whip thier azz. Search the Internet for creditboards. Everything you want to know about how to defend yourself against the scum is RIGHT THERE!

You could also retain a lawyer and with the correct documentation, you could so easily foce them to correct this.

DO NOT give up.

HL
Respond to this report!
What's this?

#3 Consumer Comment

dispute debt with credit bureaus

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

just dispute file information with credit bureaus. you can do this online. i did this about
a paid settlement that was incorrectly reported and the file was corrected. the cb contacts the creditor about the dispute and they have 30 days to respond.

deb
Respond to this report!
What's this?

#4 UPDATE Employee

Van Ru Does Not Purchase Accounts

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

Van Ru Corp, does not purchase accounts. They are under contract with the creditors. Everything returns to the client. Once you had settled on that account, and paid every penny of the settlement offer, and have recieved the settlement in full letter, there is really nothing that Van Ru could do. My suggestion is to contact the Creditor they are the ones who have the authority to change anything onto your credit report.
Respond to this report!
What's this?

#5 UPDATE EX-employee responds

Not debt purchaser

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

Van Ru does not purchase accounts. They work, under contract, for (in this case), Isuzu. My guess is by now the situation is resolved. The CBR has been fixed; ergo, no update from consumer in 2 years.
Respond to this report!
What's this?

#6 UPDATE EX-employee responds

bottom Feeder?

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

You need to reread a couple of your own statements to see if they make sense to you>
First you said:

"I was to pay two (2) equal payments of $2827.48 to satisfy my obligations to Isuzu Motors."

That statement proves that you agree that you were in default with Isuzu Motors and a 3rd Party company had to be hired in order to convince you to make good on your promise to pay.

Later you said:

"I want my money back."

This statement seems to indicate that failing to clear your credit record of this long overdue bill of $5654.96 is worse then you running from it.

Third party collection agencies need to employ people who are tough. They need to deal with debtors who see themselves as more important than people who pay their bills voluntarily because they gave their word to do so.

Bottom feeders by my definition, are those people who attempt to run from their debts.
Respond to this report!
What's this?

#7 Consumer Comment

Incorrect-VanRu IS a bottom feeder

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

Just go to Bud Hibbs website...they have made his list for the agency watchlist....they ARE bottom-feeders and they DO buy accounts for pennies on the dollar.
Respond to this report!
What's this?

#8 Consumer Comment

Technically, they're right

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

Many 3rd party collection agencies do not directly report payments to your credit report, or credit reporting agencies. Instead this is left up to the client... in this case Isuzu. All Van Ru does is get your current phone number, call you, set up a payment arrangment or settlement agreement (depanding on the debt and circumstances)and take the money. In turn they report each payment recieved rather it be every day, every week or every month. All payments are reported to the original lender and it is left up to them to report to the credit agencies. Your beef should be with Isuzu and not with Van Ru. If Van Ru had purchased your debt, then it would be their fault. From my understanding, they only work for companies, they do not buy debts to collect on.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory