Complaint Review: Calvary Portfolio
- Calvary Portfolio
- Category: Collection Agency's
A year later, car was repossed and sold but no one told or contacted me. I lived at the same place. I was told a year after the fact when I saw it on my credit report In 2007, it was written off. I was never contacted by Ford Motor credit...assumed ex-daugther-in-law took care of the debt. Wrong!
April 2009 contacted by this Calvary Portolio company saying what I thought they said was representing Ford Motor Credit to collect on this $9,600 debt. Was almost ready to arrange payments but withdrew saying I don't even know who these people are. I since then have learned what kind of company this is.
They buy the debt $.10 to a dollar and then collect the full amount from you, even adding interest. Is this legal? Apparently so from what I have learned in my research. And it is also legal they can get your credit report as often as they can...but we can only once a year?
You fax back a reply to the fax number on the fax sheet and it just rings and rings. Send a registered signature required letter to them and it is returned NSN. Call and you get a voice mail to which they respond calling your work place because you quit answering your cell phone.
I know everyone has written about these people and the stories are horrible. I know people have written saying its your debt, pay it. I offered them $2000 in payments. They argued they needed $4000 from me and then they will go after the ex-daughter-in-law for the rest plus interest. I was the one who happened to answer my cell phone and have assets? No assets...just a good credit rating. I don't even own a home.
Shouldn't we all write our governors and our president especially through this hard economical times and ask some guidelines be met on this? That a law should be made that no company can buy a debt from a company once it was written off after their collections have ceased? And if you think I don't pay my bills...you are wrong. I am debt free thank you very much. I would gladly make payments to Ford Motor Credit...not to these bottom feeders.
This report was posted on Ripoff Report on 04/19/2009 06:27 PM and is a permanent record located here: http://www.ripoffreport.com/reports/calvary-portfolio/phenox-arizona/calvary-portfolio-how-legal-is-all-of-this-phenox-arizona-444994. 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. READ: Foreign websites steal our content
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