ED Magedson – Founder
720 CFO Program720 Ann Arbor St, Suite 201 Flint, Michigan USA
720 CFO Program, Attention Marketing, Inc. Ruining my credit, leaving me liable for tens of thousands of dollars in debt. Flint Michigan
720 CFO Program, by Attention Marketing, Inc. of Flint, MI bills itself as a "Home Based Business" where you get paid for doing nothing. That's nothing new. But they actually paid me. I didn't pay them anything. But now the chickens are coming home to roost. They have stopped paying credit card bills that they rung up in my name...tens of thousands of dollars worth...that will ruin my credit if not paid.
The 720 CFO Program premise is that they will use your good credit (you have to have 720 credit score or higher, hence the name) to establish business credit card accounts. They will then use those credit cards to flip houses in Flint, MI. They immediately pay you 20% of the total credit lines you are able to establish in your name. These are business credit accounts, so they do not show up on your personal credit if they remain current.
They quickly paid me my 20%. It seemed great. But the contract specifically says they will pay off and close the accounts at the 12 month point if you do not tell them you want to continue in the program. I did not tell them I wanted to continue, but they did not pay off and close the accounts.
The credit card companies are not getting paid. It has been 18 months now, and 720 CFO Program, by Attention Marketing, Inc. of Flint, MI has now stopped making all credit card payments. The credit cards are past due and getting more past due.
There are tens of thousands of dollars on these credit cards. They will hit my personal credit soon and ruin it. I am liable for the accounts, even though I never charged anything on these credit cards.
Jon Miller runs 720 CFO Program, by Attention Marketing of Flint, MI. He is the only point of contact. He shut off his phone months ago. He still answers emails. Now his answers are things like, "We are reorganizing the company. We fully intend to pay off these bills."
When thinking about signing up for 720 CFO Program, by Attention Marketing of Flint, MI, you deal with Louie Frias in Las Vegas. He seems to be a commission paid salesman, not an employee or officer of the company, but he does forward all information to Jon Miller of Attention Marketing, Inc. of Flint, MI.
Attention Marketing, Inc. is a Wyoming Corporation. Their filing ID in Wyoming is 2007-000535664. Their officers are listed as follows:
Peggy Loebig, Director
Louis May, President
Mike Dorris, Secretary
Tammy Stewart, Treasurer
Tim Jarrett, Vice President
I want to state plainly that I am not trying to get more money from 720 CFO Program, by Attention Marketing, Inc. of Flint, MI. They paid me what they said they'd pay me. I signed a contract with them. I did my part of the contract, and they paid me. But they are not paying off the credit card accounts for which I am liable, which will ruin my credit and leave me tens of thousands of dollars in debt. They need to pay off these accounts like they said they would.
This report was posted on Ripoff Report on 12/27/2013 09:20 AM and is a permanent record located here: http://www.ripoffreport.com/reports/720-cfo-program/flint-michigan-48503/720-cfo-program-attention-marketing-inc-ruining-my-credit-leaving-me-liable-for-tens-1110959. 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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