Jefferson Capital Systems, RJM Acquisitions Funding LLC Account Jefferson Capital Systems, RJM Acquisitions Funding LLC Account, Majestic Visa ripoff Credit Card Offer with Limited-time Debt reduction Credit of $1,200 from Majestic Visa Dishonest, Misleading, Fraudulent billing. St. Cloud Minnesota

I have a useful tactic to avoid these scam artists from harming you while trying to buy a house with this crap on your credit report.

Once the Lender runs your credit report, they may come back to you and state that you have too many "bad credit" listings on your reports. In order to secure a loan for you; they need you to clear up these credit listings. Once they are cleared up, the lender will have no problem giving you the loan.

Simply ask them, "in the interest of saving time, may we just PAY the outstanding balances, and the Lender can consider the matter closed?" Of course they will agree to this, it is in their best interest to get the loan out the door, and in your interest to get into your new home.

1. From your credit report, gather ALL of the outstanding debts listed, and ALL of the outstanding creditors addresses and amounts owed.

2. Go to your local store and purchase Money Orders for the FULL AMOUNTS to entirely PAY OFF each debt.

3. Fill out the Money Orders to EACH AND EVERY creditor, for THE FULL amounts owed to clear the debt.

4. Take these Money Orders with you for the signing of the contract, and the turning over of the keys to your new home.

5. Show the Money Orders and amounts to the New Lender. (Provide them with COPIES if you want.)

6. Sign your new contract and receive your keys.

7. Return to your local store that you purchased the Money Orders from and CASH THEM IN. (A Money Order can only be cashed by the PURCHASER or the RECIPIENT. You being a PURCHASER can cash the Money Order in AT ANY TIME.)

8. Put your money back in your account.

This method will reduce your "Credit Report" to the standing of hearsay for the purpose of your new loan. It also avoids the burden of proof being placed on you for bogus debt. If it IS a valid debt, and you feel like making it right, feel free, you now have more time to make the creditor whole. If it is NOT a valid debt, who cares that it is on your report? Let it die in limbo. Just do not allow it to affect your purchasing of a new home.

This company you work or worked for Jefferson Capital Systems, LLC. Is listed with FTC for bad business practices and illegal collection tactics. If I were you I would start there and get real information about your company. Most collectors are crooked but these are feeders and on a list so there is no way you can defend yourself that this is a good company. I am not going to fall for the visa scam. No one else should either. I paid cents on the dollar to remove a debt with them. Also RJM tries to be sneaky. I had an actual attorney settle my debts with the company and they kept trying to sell my account after I had paid off the settlement and had a contract to delete from my records.
This company was very difficult and it took 2 years to get them to stop selling my paid account.
OPEN your eyes Miss Jenna if this company is so great you would not need to defend. Your just a scammer too.

I got through post #14 and had to stop.   Jenna you are obviously an employee, of one of the companies that is involved with RJM so STFU!; btw guys the parent company is Plaza Associates in NY, NY.  They do have a website, plazaassociates.com, RJM also has another address in Syosset, NY listed as RJM  Funding at 6851 Jericho Tpke, same zip, was really hard to find that out.  RJM's website hasn't been serviced since 2008 (put in who.is check it) does not work but they publish it on their notices, so that kind of negates the claims of professionalism:  And they are trying to sell you a credit card? Hey RJM dude with the MAGIC card, the only magic in that card is it makes a dead debt come back to life by restarting the clock on the statute of limitations.  NEVER TRUST THESE PEOPLE.  Go to Yahoo Answers and put in RJM, you can get instructions on how to get these guys off your credit report and the EXACT language to get them to stop sending you anything. (posted by redhaire......).  I love Jenna preaching on "moral hazard", statute of limitations is all that matters, in some states it may be as little as 3 years, just check!  Depending on the credit bureau, you could have things dated back to any date WRONG OTHER RJM GUY.  You are going to have to use the words cease and desist exactly, again check out redhaire's post on YAHOO.  If they violate the cease & desist or a bankruptcy notice and you followed procedure use any free law program, to file a small claims suit against them, they are violating FDCPA (Fair Debt Collection Practices Act) section 805C, its worth 1k per violation. Record name, date and time (check your state, some require you let the calling party know they are being recorded, mine does not). Radio Shack, has a simple device for 10 bucks sticks on the phone plugs into head phones on your computer set up record program and catch them.  Depending on your state you will only have to pay a small filing fee and a fee for a certified letter notifying them they are being sued.  You can sue even if you owe them if you have followed the cease and desist procedure.  People who have paid them find themselves years later getting hit again by the same co.  These are not people you pay, they are people you instantly report online (in all states) to the states attorney's general.   These bottom feeders usually have bad data at best, even if occasionally the get valid info, it is always beyond the statute of limitations.  If you are worried about moral hazard, give the money to charity.  PEACE....

I got a letter today from this company who were trying to collect an old debt.  I'm 100% sure it was paid, so I tried to contact the original creditor (the Avenue).  They didn't have any records on the old account (although I have since opened a new one with them).   So I called RJM Acuquisitions and said "what's up with this? it's not on my credit report, I know because I'm looking right at it.  I know I paid this bill years and years ago, why are you trying to convince me to pay this debt?"  They replied that the debt was over 7 years old (past the California statue of limitations for debt collection).  I said I didn't owe it and wouldn't pay it.  They insisted that I owed the money.  I said no, I didn't.  I hung up. 

Making sure when you get a note from any creditor that you actually owe the money is the #1 thing to do.  If you are SURE you owe the money, that the bill isn't from (in this case, almost 12 years ago) too long ago to have to be worried about paying, then find out what sort of deal they are offering.  Any reasonable creditor who you owe a legitimate debt to is NOT going to make offers for free credit cards or massive discounts on the amounts owed.  Anyone offering things like that should immediately make you suspicious.  Ask for everything in writing.  If they ask for a payment, send it in a registered mail envelope so that you have proof that it was sent and received.  Do your best not to make payments over the phone.  However, if you do, the next paragraph will help.

When talking to a creditor, yes, they are recording the call.  But you need to cover things on your end as well.  Make sure you get the name of the person you are speaking with.  Get their employee ID if they have one.  Make sure you get their extension.  If you agree to make a payment of any type, insist on a receipt in writing, make sure to get a payment confirmation number, and have them send you an email which you print and keep for your records.  This way, if they come back later and say "you didn't pay us!" you can say "yes, I did, here is the information on when, who, confirmation of payment code, etc."   It's important to document everything.  They are not going to open their records for you and say "yeah, here is the conversation showing that he/she paid this debt."  They are going to insist that you lie, cheat and are a deadbeat debtor. 

Always DO reply to any attempt to collect a debt.  At the very least to dispute the debt in question.  Then, as someone else stated here, the proof that the company is able to actually make this claim and require debt payment is on them.

Good luck.  Below is a link of a place where you can check the statue of limitations for your state on debt payment.

http://www.bcsalliance.com/y_debt_sol.html

Hi Mister Roseburg!  Since you said you never had an account delinquent the first step is to
dispute it, ask for proof of the debt.  Bank of America mergered with a few companies, one was MBNA.  Also, it's unknown if the debt is from the 70s, but RJM should have that information.  Send them a dispute letter via certified mail to their mailing address on the letter. 


If there are any lawsuits I would suggest bringing up how their letter "overshadows" the dispute process.  You cannot make the PAYMENT STATEMENTS all capital letters, and underlined, but then make the dispute statement smaller, regular typed letters (not capital letters, not centered like the payment statements). 

I know you workers want to get paid, I know the consumers want to pay you, but most of the debts are way OOSOL (out of the statue of limitations).  So you "bought" a bad account, and I doubt you have the proof of the debt if it's from the 1970s, sorry. 

 Now I am a legal immigrant from the UK who got legal status just 13 months ago and it seems that RJM want to pursue me for a debt they say I owe from 2007.

 I replied outlining that I wanted proof of the debt that was supposedly owed by me and got nothing in return, but now when I check my credit report the debt is there in my name and a supposed payment of $2.49 made the very day the USPS says they received my letter.

 I am starting legal action as of tomorrow and will let you all know what happens.

 

First of all, anyone trying to defend RJM Acquisitions or any other P.O.S. debt collection agency really needs to get their own LOSER blog and stop misleading consumers on this website.  The Rip-Off Report has a lot of insightful information and tactics as well as "war stories" of consumers and their dealings with these toilet-bug debt collection companies to learn from.

Second, a "legitimate" company that's trying to help people does not harass out-of-state family members, EXENDED family members, ignore cease and desist letters, ignore fraud affidavits, and on and on...

Jenna, there's a reason why it's ONLY you defending this P.O.S. company and THOUSANDS of complaints on numerous complaint boards as well as the FTC and Attorney Generals Office - which they are a target for investigation.  (Big
Surprise).  They help no one but themselves lets be honest now and thats fine but please dont sell it as a consumer HELP service.  They use illegal tactics to scare the last cent out of gullible people that are stressed out about their financial situation and don't know their rights.

Third, and the real reason I wanted to comment, was about the clock or statute of limitations starting over - this RJM ACQUISITIIONS is such a piece a crap, fraudulent, worthless, garbage gobbling company just like the people
that run it and work there - that they will actually enter that you made a payment for like $0.49 to say you "reaffirmed the debt and can re-enter it on your cr3edit report thus starting the 7 years statues all over again. (They are not the only one to do this - see West Asset Management)  All I can say Jenna; you must be on the take from RJM or on CRACK because NO ONE in their right mind would defend this company.  RJM Acquisitions, along with the degenerates that can't get a real job working  there, and the Prosecuting  Attorney flunkies (that are probably disbarred by now) that run the joint, need to be wiped off the face of the earth....or used for, say, animal vaccine testing?????  It would be better than sacrificing
a rat!

I have been contacted by both RJM, and Jefferson Capitol Systems. The debts I owed were from a sizable overdraft with Wells Fargo Bank ($1800,00) that I am paying off to RJM, this debt was reduced by half. I am currently paying off the balance at $75.00 a month, They send me a billing statment each month, which shows the amount of the next payment, and current balance. When I contacted them at outset, they were cordial, and didn,t threaten me or anything. As far as SOL, I was somewhat at the fringe. My financial consultent said it was best that I payed off the debt, as it would be on my credit report, and I am thinking of buying a house around the first part of next year, so I am in the process of paying off all my "toxic-debt", so I will have a decent credit report.

I am also paying monthly payments to Jefferson Capitol, from a Providian Credit Card. They also were very good to me. They also cut the debt in half. At this time I am paying off twice the payment each month to get it payed off sooner. They also said after paying $432.00, I would receive the Emblem Master Card, and they would transfer the balance over to the card, with no intrest, which would then be a new account, It would clear the debt from my report as payed in full. I can only guess that these companies were brought to task, as I have had no difficulties with them.

after 7 years it drops off which makes my life a lot easier and i will just owe whom ever....not a good thing but &$$# HAPPENS why are the collection agents getting upset...its not like you have to worry about paying the bill...besides jefferson sent me that stupid card if it is off of my credit why would i sign up for more debt...ha....i say scam scam scam maybe i should start a bottom feeding agency i will be a rich bi ....*#ch and i can have these silly agents that are not making much but are willing to take up for the scum.... any who does any one know about a lending agency or finance company named certified lending ( it is for auto financing) i was approved for 27,000 but i cant find them any where

they wanted to speak to me and I said how may I help you and they said again need to speak to and I said how may I help you..I wont ever verify anything over the phone and never will.

I do know this having been a former collection agent for att and such..I know the laws and know them very well and I do know that I dont have to admit to anything.

I found out that if the account was bought by someone else and I have the right to see how much they paid for it by sending me a receipt of the paid account. I wont deal with anyone who does not deal on my terms.

I had my car in collections and I settled for what they agreed to and I put on my check it was paid for and that I dont owe them or the orginial company anything now or ever and they agree to remove it from all credit reports.

they cashed the check and all negative information was removed...and I am in the clear aint that great???

On Super Bowl Sunday, my husband received a call from Jefferson Capital Systems. I answered the phone, he was busy & I asked why they were calling. I was told it was about a financial opportunity he applied for. I told the caller there was nothing that he had applied for, I am responsible for our finances & would be aware if he had applied for anything. I told her not to call our home again & hung up. I figured it was some telemarketer. They called a few more times, until I blocked their phone number

In Saturday's mail, he received a letter that he had been selected for the Emblem Fresh Start Solution Program. They referenced an account #, the original creditor of "Associates" & current creditor "Arrow Financial Services, LLC", along with a balance of $572. This is a bogus account! My husband has never had an account with "Associates" - can we have the complete name please?! We purchased our home 2 years ago & I still have the credit report from then. There's no such debt on his credit report. No account with even close to that balance. I promptly grabbed a debt validation letter template, filled in the appropriate information & printed 2 copies. One copy is going in the nice postage paid envelope they provided for us & the other is being sent certified mail.

Obviously, these folks are scum sucking bottom feeders trying to collect a bogus account. Can we say SCAM?!?!

On Super Bowl Sunday, my husband received a call from Jefferson Capital Systems. I answered the phone, he was busy & I asked why they were calling. I was told it was about a financial opportunity he applied for. I told the caller there was nothing that he had applied for, I am responsible for our finances & would be aware if he had applied for anything. I told her not to call our home again & hung up. I figured it was some telemarketer. They called a few more times, until I blocked their phone number

In Saturday's mail, he received a letter that he had been selected for the Emblem Fresh Start Solution Program. They referenced an account #, the original creditor of "Associates" & current creditor "Arrow Financial Services, LLC", along with a balance of $572. This is a bogus account! My husband has never had an account with "Associates" - can we have the complete name please?! We purchased our home 2 years ago & I still have the credit report from then. There's no such debt on his credit report. No account with even close to that balance. I promptly grabbed a debt validation letter template, filled in the appropriate information & printed 2 copies. One copy is going in the nice postage paid envelope they provided for us & the other is being sent certified mail.

Obviously, these folks are scum sucking bottom feeders trying to collect a bogus account. Can we say SCAM?!?!

On Super Bowl Sunday, my husband received a call from Jefferson Capital Systems. I answered the phone, he was busy & I asked why they were calling. I was told it was about a financial opportunity he applied for. I told the caller there was nothing that he had applied for, I am responsible for our finances & would be aware if he had applied for anything. I told her not to call our home again & hung up. I figured it was some telemarketer. They called a few more times, until I blocked their phone number

In Saturday's mail, he received a letter that he had been selected for the Emblem Fresh Start Solution Program. They referenced an account #, the original creditor of "Associates" & current creditor "Arrow Financial Services, LLC", along with a balance of $572. This is a bogus account! My husband has never had an account with "Associates" - can we have the complete name please?! We purchased our home 2 years ago & I still have the credit report from then. There's no such debt on his credit report. No account with even close to that balance. I promptly grabbed a debt validation letter template, filled in the appropriate information & printed 2 copies. One copy is going in the nice postage paid envelope they provided for us & the other is being sent certified mail.

Obviously, these folks are scum sucking bottom feeders trying to collect a bogus account. Can we say SCAM?!?!

On Super Bowl Sunday, my husband received a call from Jefferson Capital Systems. I answered the phone, he was busy & I asked why they were calling. I was told it was about a financial opportunity he applied for. I told the caller there was nothing that he had applied for, I am responsible for our finances & would be aware if he had applied for anything. I told her not to call our home again & hung up. I figured it was some telemarketer. They called a few more times, until I blocked their phone number

In Saturday's mail, he received a letter that he had been selected for the Emblem Fresh Start Solution Program. They referenced an account #, the original creditor of "Associates" & current creditor "Arrow Financial Services, LLC", along with a balance of $572. This is a bogus account! My husband has never had an account with "Associates" - can we have the complete name please?! We purchased our home 2 years ago & I still have the credit report from then. There's no such debt on his credit report. No account with even close to that balance. I promptly grabbed a debt validation letter template, filled in the appropriate information & printed 2 copies. One copy is going in the nice postage paid envelope they provided for us & the other is being sent certified mail.

Obviously, these folks are scum sucking bottom feeders trying to collect a bogus account. Can we say SCAM?!?!

Ok, I have sent my "validation" letter, certified and return request, to the Bottom Feeders, "AKA" Asset Acceptance LLC, yesterday. I will keep posting the progress as it is recieved. Any (valid) information is welcome,(BOTTOM FEEDERS NEED NOT APPLY). Except you Billcoll, I want to hear your input on this, lol. We can show these Bottom Feeders just how their lies are just that! LIES! Thanks! All information/input is welcome.

You wrote..............."Then challenge the credit report with a dispute to the proper credit reporting agency. They will be unable to prove the debt and it will be removed from your credit report."


I have just recently done this myself, and you are RIGHT! It will come OFF your credit report. It did on mine anyways. My question............Is it legal for them to report this to the credit agency and have it put back on my report? Im not really sure but after I made my dispute and for whatever reason they obviously did not do what it is the credit agency requested they do for validation/verification of the dept. So, in my opinion, it should not be legal for them to just go right back and put it on again..........Is this correct? Thanks for any (valid) info.....BOTTOM FEEDERS NEED NOT APPLY!

I fell on hard times and defaulted on a credit card, eventually the company I owed money to sold the debt and that company resold it to Jefferson. It was a few thousand dollars and Jefferson probably paid between $25 and $50 dollars for it.

Out of the blue Jefferson calls and starts feeding me BS about lawsuit, etc. They also managed to get the debt relisted on my credit report as a "new" debt. Basically they committed purgery and fraud, so no way am I going to pay them.

First thing, send them a letter stating that you need proof of the debt and ask them to cease and desist all telephone communication. Then challenge the credit report with a dispute to the proper credit reporting agency. They will be unable to prove the debt and it will be removed from your credit report.

Now, I am a believer in karma, you get back what you pay, but you can't pay the original debtor because they don't own the debt, you can't pay Jefferson because you don't want to reward criminal behaviour. Do the world a favor, take the amount you own and pay it to a reputable charity. This was the fun part for me, I set a three year payback schedule and every month without fail I send the money to a different charity. And you know what, I didn't stop after the three years!

I guess what I'm saying is be good, pay your debts on time, try to work things out with the original debtor, but if you can't do that and if the debt falls beyond the statute of limitations you need to fight off the sharks who gamble on your not knowing and understanding your rights and pay your debt to people who deserve the money.

conveniently missing from your tirade......YOU, as the collector, HAVE to prove that the person you are going after is the actual person who owes the money. And, since you can't, you attempt to defraud people with your "free" items and faux goodwill gestures.
It is clearly stated in the OP that this person had fulfilled their 3 year loan obligation in a year. You are just another fool but thanks for justifying everyone else's opinion of debt collectors.

conveniently missing from your tirade......YOU, as the collector, HAVE to prove that the person you are going after is the actual person who owes the money. And, since you can't, you attempt to defraud people with your "free" items and faux goodwill gestures.
It is clearly stated in the OP that this person had fulfilled their 3 year loan obligation in a year. You are just another fool but thanks for justifying everyone else's opinion of debt collectors.

conveniently missing from your tirade......YOU, as the collector, HAVE to prove that the person you are going after is the actual person who owes the money. And, since you can't, you attempt to defraud people with your "free" items and faux goodwill gestures.
It is clearly stated in the OP that this person had fulfilled their 3 year loan obligation in a year. You are just another fool but thanks for justifying everyone else's opinion of debt collectors.

conveniently missing from your tirade......YOU, as the collector, HAVE to prove that the person you are going after is the actual person who owes the money. And, since you can't, you attempt to defraud people with your "free" items and faux goodwill gestures.
It is clearly stated in the OP that this person had fulfilled their 3 year loan obligation in a year. You are just another fool but thanks for justifying everyone else's opinion of debt collectors.

""Best bet for all you idiots out there, if you borrow money, pay it back okay? Oh, and to the idiots who said 'if you tell them you can't call, they can't call anymore' Thats a crock of *&*&! I can call you once a day if I want to to ask if you can make arrangements. You owe money, okay? So PAY it. ""

If you are a debt collector (not the creditor) you can and should be criminally charged with aggrevated harassment as well as being sued for violating the FDCPA and any other applicable state laws.

I suggest you read the Fair Debt Collection Practices Act pal. ONLY the CREDITOR may continue to attempt collection - not a collection agency.

I currently work for Jefferson Capital. I would first like to say, contrary to what anyone thinks, if you owe the debt, regardless of if it was 20 years ago, you still owe the debt, ok? Don't think because you have gone this long without paying for it, you don't have to. Secondly, yes, we do make mistakes. I know it is a hard process for you (the consumer) to make things right, but thats the way it is. I talk to many people a day, and its hard to "believe" everyone. Which is why the process is so painstaking.

Also, if you look at ANY of these programs......YOU DON'T HAVE TO TRANSFER ANYTHING ONTO THE CARD!!!!! You can pay it off so nothing transfers. If under the right requirements, we also DO REPORT PAID IN FULL STATUS on credit reports if the account is being reported on, and if we own the account. We can't report on accounts we don't own. Best bet for all you idiots out there, if you borrow money, pay it back okay? Oh, and to the idiots who said "if you tell them you can't call, they can't call anymore" Thats a crock of *&*&! I can call you once a day if I want to to ask if you can make arrangements. You owe money, okay? So PAY it.

Yes, after 7 years(usually) we can't garnish wages or anything, but you still owe the money, so DEAL with getting stuff for free. Our taxes are so high because people don't pay their bills (as well as the war)....Balance transfer programs are good for people, but if you MISS payments, even one, we don't have to do ANYTHING for you, as is stated in our terms and conditions. Do you people even read the fine print before signing your name to it? Of course you don't, along with most of America, you shouldn't be allowed to vote because you don't take time to educate yourselves about things that SHOULD matter to you.

Oh, and BTW, companies don't HAVE to report ANYTHING to the credit bureau if they don't want to. They cannot report false, but they don't have to report anything new except that the account is closed with a certain balance.

Hi, I work for one of the three major credit bureaus and have a comment regarding a statement earlier in the thread about going through the phone book to find people. While I cannot guarantee 100% that RJM or anyone goes through the phone book, I am fairly sure this is done on a regular basis. Have you ever pulled your credit report and found inquiries from companies you don't recognize and later find out to be collection companies? The law allows these collection companies to do searches and pull reports of individuals they suspect are the people they are looking for, even if it's just a name match or similar address.

This is all automated and these types of businesses take advantage of this government granted right to mark as many credit reports as possible with score damaging inquiries - that we are unable to stop. Several innocent people are inevitably hit along the way, and in alot of cases these collections end up on the wrong reports and a new nightmare begins for another consumer.

The only thing you can do is contact the collector within the 30 day time limit and contest the debt if it's not yours; and do this with some sort of delivery confirmation. If they fail to respond in the 30 days with substantiating documentation, file a dispute with the credit bureaus (you can do this at the same time you mail your request for proof of debt ownership, but be sure it's truely not yours). If the company insists the debt is yours and they cannot provide proof, we always point the consumer to the FTC to file a complaint and then to contact their local Attorney General's office for legal advice and possible assistance. Also be VERY careful and do not give them your SSN unless you feel you must. Many of these collection companies do not have the full social security number or they wouldn't be poking around credit reports and phone books. If they are not trustworthy and you give them this information, they will simply add it in to your file, creating more problems for you.

I recently found a collection on my report from RJM which led me to this site. This debt was not mine and I was off the account in question before any debt was incurred by the account holder. RJM also never sent me a letter as required by law to inform me of this debt; it just appeared. No phone calls, nothing. So my nightmare begins now as well and it appears there may be a problem with ethics and RJM. Also, Jefferson Capital reporting on our bureau has all but evaporated over the last year or two... not suprised.

The Federal Truth in Lending Act, Enforced by the F.D.I.C. States that any business that sells products on time payments, must state the interest rates on each of those products. Fingerhut does not do that, in their catolog.

Violating the Truth in Lending Act, can make the sale viodable, leads to fines, and in some cases Jail. It is time a Class action suit, be brought against this Company. Before other companys do the same thing.

Who caused the Federal Truth in lending Act to become Law was SEARS. Sears used to advertise all their big ticket products with just so much a month, they didn't even show the price, and certainly not the interest rates. It was one big Con. They would show 15 dollars a month or 20, but no price or interest rates.

Example how they would sell Sewing machines to mainly Women. They first would set the woman down to a 1200 dollar sewing machine desk, and the lady would ask how much is this, the salesman would say 15 dollars a month, could you afford 15 dollars a month on your SRC (Sears Revoling Charge Card) oh yes I could, Then the salesman would say, would you like to trade in your old sewing machine, we will give you 40 dollars off, she would say yes. Now the desk came with a chair, but if they gave her 40 dollars for the old machine, they would take away the chair. They then would say when did you want delivery, never even asking her to buy the machine. When you go to Sears, they alway have 2 or 3 models, so they can bate and switch you. You certainly don't want the Air Conditioner that has one speed. All I can say is, "Let the Buyer Beware"!

In response to all of the grotesque mis-information provided by both alleged "employees" of this company and the clearly naive consumer base, I will clarify a few things for all of you:

1. Generally, these people purchase debts that other agencies have determined to be uncollectable. The reason they are uncollectable is because they are past the statute of limitations.

2. Generally, this company has attempted to get people to reacknowledge these debts in an effort to bring them back within the statute of limitations. Such attemps include offering free junk items in exchange for a payment plan or opening a new credit account to pay off an old debt that is outside the statute of limitations.

3. Bad Accounts/Debt can be reported on your credit report for 7-10 years per federal law. However, most states have laws that are more stringent and do not allow such a lengthy period. Check with your Department of Banking or your Consumer Protection / Office of Attorney General.

4. The statute of limiations is a legally imposed maximum time period in which a suit may be filed to collect a debt. (Collection of a debt is usually accomplished by a "Breach of Contract" action or a "Unjust Enrichment Action" or both)as a legal matter, if the statute of limitations in your state is 3 years (Alaska for example) then the creditor must sue you within 3 years of the last activity/charge off date. If they fail to do so, the debt is uncollectable and it is sold to a company like this for about 3-5 cents on the dollar.

5. The company knows these debts are not collectable.

6. If you owe a $1000.00 debt, it is likely the company paid $50.00 to purchase it. If they can get you to offer anything towards this purchase it a) reinstats the statute of limitations and b) they can sue you at that point and c) they make a huge return on investment.

7. What you need to do is send these people a no-contact drop dead letter and tell them to take a hike.

I hope this clears up much of the mis-information and confusion regarding the comments following this entry.

ESQ CT

Also the SOL has expired ...


Your Name
Mailing Address
City, State, Zip

Date

Name of Collection Agency
Mailing Address
City, State, Zip

Re: Dispute of Collection Action: Case # ________

[If the collection agency has sent written notice, your case number is likely in the letter. If you have not received a written notice from the collection agency, tailor this line accordingly. For example, show the date you were contacted by the collection agency and/or identify the creditor by name if you can.]

To [person whose name appears on agency's notice to you]:

On [date] I was contacted by [name of person who called you] of your agency, who informed me that [name of collection agency] is attempting to collect [amount of claimed debt]. This individual is collecting on behalf of [name of creditor]. [OR] This individual would not tell me for whom you are supposed to be collecting.

[OR]

On [date] I received a written notice of the claimed debt, a copy of which is attached.

This is to inform you that I dispute the debt because [insert reason for dispute, e.g. the agency has confused you with someone else or the debt was paid. Include copies, not originals, of any correspondence that proves your point]. I am hereby requesting that you confirm the fact that I owe this debt as required by any applicable state and federal laws. Please contact the creditor to obtain verification.

In addition, under the provisions of state and federal Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and related consumer statutes, I am hereby instructing you that you are to cease collection of the debt while efforts are made to obtain verification. Until you resolve this error with the creditor, you should neither contact me nor anyone else except the creditor about this collection.

Furthermore, any reporting of this matter to a credit reporting agency is premature. Until you have investigated my dispute, you should not relay negative information to a credit reporting agency. If negative information has already been reported, you will need to notify the agency to remove said report until the investigative process is over so that my credit report remains accurate, or at the very least, my credit report should be updated to reflect my dispute.

Your next contact with me should be either notice that the creditor has failed to provide verification of the debt and that the matter has been closed or that you believe that this debt is valid and are providing proof of my responsibility. If the former, please confirm that I am not being held responsible for the debt in writing and also that if the account has already been noted on my credit report, that you will contact the bureau(s) in question to have the account removed. If the latter, I expect that you will provide me with an explanation as to why you have decided not to remove this account from collections and a copy of all documents relevant to the debt such as the application, bills, records of communications and payments, and any other data that indicates my responsibility.

I am instructing you not to contact any third parties such as my employer, neighbors, friends or family members. In addition, you may not contact me by phone at work or at my home about this collection activity. All future correspondence should be sent to me in writing.

[If you want to still speak to a collector by phone, indicate times when it is okay to contact you or note the name, address, and phone number of your attorney, if you have retained one.]

I look forward to your acknowledgement that you have received this notice by [date that is two weeks from date of letter].

Sincerely,

TYPE YOUR NAME OR PRINT YOUR NAME
**DO NOT ** SIGN YOUR NAME SINCE IT CAN BE COPIED ON DOCUMENTS YOU NEVER SIGNED
Your name

The other day I received a notification from RJM. It was addressed to my home in my Father's name. It was a notification for a bill due from 1999. I contacted RJM to inquire about this debt and to inform them that my Father, who I handle all of his financial matters for due to his age and disabilities, never had DirecTV so he should not get a bill. And, I was wondering why they were sending this information out to my home address and not his. I was informed that they sent out several of these letters to addresses that may fit where mail with his name has been sent. Interesting, they are just randomly sending out letters to people who might have the same name as my Father's. I was informed that the debt was in his name and several payments were made on this. I again informed them that he has never had DirecTV. I was rebutted in many fashions that this does not matter he owed the billed amount. I informed the person on the phone again that if he had DirecTV he would have a dish on the side of his home which, he does not. I asked to be transferred to a supervisor and spoke with one, I think he was one, and informed him of the situation. The billed amount was for $109.45. He said with low amount they would just write it off with no problem. The supervisor was quite nice about the whole thing. I asked for a letter to be sent stating it was no longer active and he said he would - I doubt that will happen. I asked whose name this account was opened up in and they said my Father's. I asked for a copy of the contract and they said they did not have one. I asked for copies of the bills and I was informed that they only had the billed and paid amounts, not copies. If they are trying to collect on a bill that is 7 years old, as of 4/25/2007, why would they not have proof? I would have to guess because it is a bogus deal and they are just shooting in the dark.

I will be contacting the proper collection sites regarding the regulation of this and see what can be done. I think they are just trying to collect on a false debt on a whim.

Regarding your statement:

I would suggest going to the American Collectors Association website (((ROR REDACTED LINK FOR SECURITY PURPOSES))) which is the trade association for professional collection agencies, and checking if the agency contacting you is a member of that organization. If they are not, they may either not be an actual or legitimate agency or they may be so recognized as operating illegally and unethically as to have been refused membership or to have been "kicked out".

This agency (in my humble opinion) is a useful as the Better Business Bureau. It is the fox watching the hen house.

I have found many many agencies accused of mis-doings on the approved list on this site. This is why this site is so critical to consumers. All one needs to do is review the complaints and common themes of the consumer complaints to figure out in whose interest American Collectors Association really serves ..


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Regarding your statement:

I would suggest going to the American Collectors Association website (((ROR REDACTED LINK FOR SECURITY PURPOSES))) which is the trade association for professional collection agencies, and checking if the agency contacting you is a member of that organization. If they are not, they may either not be an actual or legitimate agency or they may be so recognized as operating illegally and unethically as to have been refused membership or to have been "kicked out".

This agency (in my humble opinion) is a useful as the Better Business Bureau. It is the fox watching the hen house.

I have found many many agencies accused of mis-doings on the approved list on this site. This is why this site is so critical to consumers. All one needs to do is review the complaints and common themes of the consumer complaints to figure out in whose interest American Collectors Association really serves ..


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Regarding your statement:

I would suggest going to the American Collectors Association website (((ROR REDACTED LINK FOR SECURITY PURPOSES))) which is the trade association for professional collection agencies, and checking if the agency contacting you is a member of that organization. If they are not, they may either not be an actual or legitimate agency or they may be so recognized as operating illegally and unethically as to have been refused membership or to have been "kicked out".

This agency (in my humble opinion) is a useful as the Better Business Bureau. It is the fox watching the hen house.

I have found many many agencies accused of mis-doings on the approved list on this site. This is why this site is so critical to consumers. All one needs to do is review the complaints and common themes of the consumer complaints to figure out in whose interest American Collectors Association really serves ..


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Regarding your statement:

I would suggest going to the American Collectors Association website (((ROR REDACTED LINK FOR SECURITY PURPOSES))) which is the trade association for professional collection agencies, and checking if the agency contacting you is a member of that organization. If they are not, they may either not be an actual or legitimate agency or they may be so recognized as operating illegally and unethically as to have been refused membership or to have been "kicked out".

This agency (in my humble opinion) is a useful as the Better Business Bureau. It is the fox watching the hen house.

I have found many many agencies accused of mis-doings on the approved list on this site. This is why this site is so critical to consumers. All one needs to do is review the complaints and common themes of the consumer complaints to figure out in whose interest American Collectors Association really serves ..


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

I would like to simply offer some straight advice to those being victimized by these scams. I know what I speak of because I not only have a degree in law (although not a practicing attorney) but I also own a collection agency and include among my responsibilities that of Compliance Officer.

First: To correct some misinformation. Whenever a debt is assigned for collection to a third party agency or is purchased by a debt buyer, they must send a written notification of that debt containing a substantial amount of legal language that advises the debtor of their rights. That includes the right to request verification of that debt during the thirty day period from the date of that first notice (called the "Validation Period").

During that 30-day period, the collector may not demand that you satisfy the debt immediately as that is in violation of the validation period (it's called "Overshadowing" in the business). Such notice must be sent to the last known address of the debtor but the law does not require proof that it was actually received by the debtor.

All that is entailed by the "proof" requirement is a copy of the original itemized statement of charges and credits equaling the amount of the principal that is claimed as due by the agency and an accompanying statement confirming that such balance remains due and owing, and the name and address of the original creditor. The catch is that the itemized statement must be a statement from the original creditor and not a statement prepared or created by the agency, but it must be mailed to the debtor by the agency.

The purpose was to assure that the agency had authority to collect on behalf of the creditor. The law assumes that if the agency can obtain a copy of the original billing from the creditor, then they have such authorization.

Second: The statute of limitations is different from state to state. The Statute of Limitations is a law that provides a defined period during which certain collection actions may occur. Most states have two limits: one lesser limit for verbal or implied contracts and a second greater limit for written agreements.

When an account reaches the Statute of Limitation, it doesn't mean that the debt is absolved, it simply means that the creditor or the agency can no longer initiate a lawsuit to collect the debt, and without legal action and a judgment in most states, the creditor or agency can not take action to garnish the debtor's wages.

The collector can still contact the debtor (within the provisions of the Fair Debt Collection Practices Act) but their efforts at this time are without teeth to compel the debtor to pay. This Statute of Limitations is separate and distinct from the limit on the reporting of a debt to the National Credit Reporting Agencies (such as Equifax, Experian and TransUnion).

That limit is 7 years from the latter of the date of last charge or the date of last payment. The NCRA's also have up to 180 days beyond that 7 year limit to accomplish the removal of the reported debt from the consumer's report.

Third: The majority of collection agencies are above board but there is a significant minority that are rogues and operate completely outside of the law. If they do, and you are damaged in any way by them, you can file a lawsuit against the agency and, by extension, against the original creditor or owner of the debt. You can also file a complaint with your state Attorney General and with the Federal Trade Commission which is the governmental agency responsible for enforcement of the Fair Debt Collection Practices Act and the Fair Credit Reporting Act.

I would suggest going to the American Collectors Association website (www.acainternational.org) which is the trade association for professional collection agencies, and checking if the agency contacting you is a member of that organization. If they are not, they may either not be an actual or legitimate agency or they may be so recognized as operating illegally and unethically as to have been refused membership or to have been "kicked out".

Fourth: These scam artists (and they really are just that) are truly trying to take advantage of the unknowing consumer. Even if the debt is not legitimate, you will be on the hook for whatever they are claiming if you sign any document which accepts responsibility to pay the amount they are claiming.

While most of these accounts may have been legitimate at one time and simply have aged beyond the ability to collect or report to the NCRA's, and they are merely trying to resurrect the debt to a valid and collectible status, some of the debts will be entirely bogus and will have been created from some old records that were acquired. Still others may be legitimate errors but these will be few and far between.

Fifth: If an item is on your credit report, dispute it with each of the NCRA's. The NCRA's must obtain validation of the debt from the agency or company filing the report (the 'data furnisher') or they must delete the entry within 30 days from the date you made your dispute. This can be done online or by calling the NCRA.

If the data furnisher is falsely reporting a date of last charge or date of last activity and you have documentation of that, talk with the NCRA and arrange to furnish that documentation to them and be prepared to speak with legal counsel. This is a very pointed area of the law and the changing of DLC and DLA data is fraud.

Sixth: A collector may not speak to anyone in a manner for which the intent is to demean or harrass that individual. Such constitutes harrassment and is, again, grounds for legal action. The cumulative penalties can be substantial.

A collector calling someone a 'loser' is a very definite violation of law and either that collector has not been properly trained and inserviced in the myriad aspects of the FDCPA or the agency is encouraging such behavior in order to intimidate the unknowing into acquiescing to their demands.

Seventh: These offers to help rebuild credit with a Visa card have one purpose. To get the consumer to sign an agreement for a debt that they could not otherwise legally collect. Read the agreement carefully. In order to qualify to receive the card after one year, you have to have paid the debt down to a certain amount and you must meet all of their credit criteria.

What do you think are the chances that when it comes time, they will deny you the card stating that you do not meet their criteria - now that they have you hooked into paying that old and previously uncollectable debt? They could not collect it so they give you this really too-good-to-be-true offer of a credit card with no upfront fee, no security, no interest for the life of the debt (but they will charge you a 5% cash advance fee which can be substantial in and of itself).

It's all designed to make you quickly accept the offer and, when you do, that debt that was no longer valid is enforceable once more and they are now within a new Statute of Limitations in which they can file a lawsuit, get a judgment, garnish your paycheck, put an attachment on any property you own, etc.

DONT FALL FOR THE SCAMS! If the account is past the statute of limitations, don't get roped into basically reaffirming the debt. And consider this: If it's on your credit report and you dispute it, chances are it will be removed. They can claim an error if they respond by removing it when you dispute it.

However, if they validate the account by using false information, now they're in trouble with the FTC, the state Attorney General of your state, and the credit reporting agencies themselves who will delete their entire submission and eject them as a data furnisher. Most significantly, you can find a contingency attorney and sue them in federal court (and perhaps even have the lawsuit certified as 'class action') and seek hundreds of thousands of dollars in damages as compensation for your time and frustration.

Lastly: If debt collectors call you about old debts, just tell them not to call you anymore. By law, once you have stated that you want no further contact, they must cease all further contact with you except to send you a single notice through the mail stating what they intend to do as a consequence of your invoking your lawful right to request no further contact.

Good luck to all.

Readers might want to go to Buddhibbs.com for additional information on this sleazy company ....

Readers might want to go to Buddhibbs.com for additional information on this sleazy company ....

Readers might want to go to Buddhibbs.com for additional information on this sleazy company ....

Readers might want to go to Buddhibbs.com for additional information on this sleazy company ....

It's a little scary I know we never want to fall for scams. The debt that I was contacted via mail was a valid debt. I carefully read what the company said they would do in the way of helping me. First I had to make a minimun of $20 payment and make that payment every month.

Once I paid my debt down so far they would I guess kind of charge off a portion of my balance and during that time I would receive my credit card at the credit line they told me I would have earlier. I have friends that are upset over this...but from what I can tell they have not been using the offer as I have. I realize that for the transfered balance there was a 0% APR BUT if you are able to use the credit card and make additional purchases then that balance is subject to the interest rates as disclosed.

For me, I wanted to clean up my credit b/c I truly do owe these debts whether they are charged off or not. This was the easiest way for me. So far it's proven to be a good thing, I've received my credit card and my balance dropped down to what they told me it would drop down to and I did receive the special credit.

As long as I don't use the card for new purchases I shouldn't acrue any new interest or fees. I think the smart way to use these offers is to pay as they advise and not to use the credit card for new purchases at least until your old debt is paid off.

I'm sure if you made a purchase and still have a transferred balance your payments will go to the transferred balance first...leaving the new purchase balance sitting there collecting interest until the transferred balance is completely paid off.

I've recently pulled my credit report, the old debt showing a charged off balance is gone in its place is Embrace Visa's report and it is shows a valid entry as far as my payments to this company...does not state it is a transferred balance or a charged off account

I suggest to just be smart about the over, always call before accepting if you have questions. My experience with them has been good so far, the only problem I have w/ the company is the fact that I can't access the website they have on the back of my card
www.embracecard.com that seems a little suspect...but i'll keep my fingers crossed.

Jenna stated that they don't "pick names from a phone book," but I have my doubts. I'm fairly certain I don't have to worry about my credit report, but I received a letter at my address (that I've resided at for more than 20 years) but it was addressed to someone I've never heard of.
Either RJM is going after a person whose debt is from over 25 years ago, or they got his address wrong. There is no person in this entire region with that name. And I'm SURE the debt is not mine. At the very least RJM has some sloppy records.

When I first got that mail I was quite concerned that this person might need this document (it looks very official, as if there is a check inside). I attempted to find the individual. When that didn't work, I thought to contact the company (from the return address on the outside of the envelope) about their error. When I did a Google search, this site came up and I read all the comments. I'm so glad I did! What a great service this site offers consumers.

I'm sure that the person this was addressed to won't mind if the mail is lost (it was, after all, sent to the wrong address). I'll "Return to Sender - no such person here" and hope they don't cross reference the address and get my phone number to start harassing me about his debt.

Thanks to all who have given suggestions and advice about the credit bureau. I'll certainly keep this site handy for possible future conflicts with companies.

Jenna stated that they don't "pick names from a phone book," but I have my doubts. I'm fairly certain I don't have to worry about my credit report, but I received a letter at my address (that I've resided at for more than 20 years) but it was addressed to someone I've never heard of.
Either RJM is going after a person whose debt is from over 25 years ago, or they got his address wrong. There is no person in this entire region with that name. And I'm SURE the debt is not mine. At the very least RJM has some sloppy records.

When I first got that mail I was quite concerned that this person might need this document (it looks very official, as if there is a check inside). I attempted to find the individual. When that didn't work, I thought to contact the company (from the return address on the outside of the envelope) about their error. When I did a Google search, this site came up and I read all the comments. I'm so glad I did! What a great service this site offers consumers.

I'm sure that the person this was addressed to won't mind if the mail is lost (it was, after all, sent to the wrong address). I'll "Return to Sender - no such person here" and hope they don't cross reference the address and get my phone number to start harassing me about his debt.

Thanks to all who have given suggestions and advice about the credit bureau. I'll certainly keep this site handy for possible future conflicts with companies.

Jenna stated that they don't "pick names from a phone book," but I have my doubts. I'm fairly certain I don't have to worry about my credit report, but I received a letter at my address (that I've resided at for more than 20 years) but it was addressed to someone I've never heard of.
Either RJM is going after a person whose debt is from over 25 years ago, or they got his address wrong. There is no person in this entire region with that name. And I'm SURE the debt is not mine. At the very least RJM has some sloppy records.

When I first got that mail I was quite concerned that this person might need this document (it looks very official, as if there is a check inside). I attempted to find the individual. When that didn't work, I thought to contact the company (from the return address on the outside of the envelope) about their error. When I did a Google search, this site came up and I read all the comments. I'm so glad I did! What a great service this site offers consumers.

I'm sure that the person this was addressed to won't mind if the mail is lost (it was, after all, sent to the wrong address). I'll "Return to Sender - no such person here" and hope they don't cross reference the address and get my phone number to start harassing me about his debt.

Thanks to all who have given suggestions and advice about the credit bureau. I'll certainly keep this site handy for possible future conflicts with companies.

Jenna stated that they don't "pick names from a phone book," but I have my doubts. I'm fairly certain I don't have to worry about my credit report, but I received a letter at my address (that I've resided at for more than 20 years) but it was addressed to someone I've never heard of.
Either RJM is going after a person whose debt is from over 25 years ago, or they got his address wrong. There is no person in this entire region with that name. And I'm SURE the debt is not mine. At the very least RJM has some sloppy records.

When I first got that mail I was quite concerned that this person might need this document (it looks very official, as if there is a check inside). I attempted to find the individual. When that didn't work, I thought to contact the company (from the return address on the outside of the envelope) about their error. When I did a Google search, this site came up and I read all the comments. I'm so glad I did! What a great service this site offers consumers.

I'm sure that the person this was addressed to won't mind if the mail is lost (it was, after all, sent to the wrong address). I'll "Return to Sender - no such person here" and hope they don't cross reference the address and get my phone number to start harassing me about his debt.

Thanks to all who have given suggestions and advice about the credit bureau. I'll certainly keep this site handy for possible future conflicts with companies.

"NOT A SCAM IT IS A LEGITIMATE COMPANY WITH HIGH REGARD FOR CUSTOMER SERVICE, I WAS THERE AND THEY ARE TRULY TRYING TO HELP, WHEN I STARTED THERE I THOUGHT THEY DIDNT."


HAHAHAHAHA - COMPUCREDIT, JEFFERSON ARE ALL A CROCK. I WORKED FOR THEM FOR A LONG WHILE AND I FINALLY QUIT BECAUSE I COULD NOT STAND HOW UNETHICAL THE COMPANY WAS. NOT JUST WITH COLLECTION PRACTICE BUT HOW THEY TREATED THE EMPLOYEES. I BELIVE YOU ARE THE ONLY EX-EMPLOYEE I KNOW THAT CAN STAND UP FOR THE COMPANY!

"NOT A SCAM IT IS A LEGITIMATE COMPANY WITH HIGH REGARD FOR CUSTOMER SERVICE, I WAS THERE AND THEY ARE TRULY TRYING TO HELP, WHEN I STARTED THERE I THOUGHT THEY DIDNT."


HAHAHAHAHA - COMPUCREDIT, JEFFERSON ARE ALL A CROCK. I WORKED FOR THEM FOR A LONG WHILE AND I FINALLY QUIT BECAUSE I COULD NOT STAND HOW UNETHICAL THE COMPANY WAS. NOT JUST WITH COLLECTION PRACTICE BUT HOW THEY TREATED THE EMPLOYEES. I BELIVE YOU ARE THE ONLY EX-EMPLOYEE I KNOW THAT CAN STAND UP FOR THE COMPANY!

"NOT A SCAM IT IS A LEGITIMATE COMPANY WITH HIGH REGARD FOR CUSTOMER SERVICE, I WAS THERE AND THEY ARE TRULY TRYING TO HELP, WHEN I STARTED THERE I THOUGHT THEY DIDNT."


HAHAHAHAHA - COMPUCREDIT, JEFFERSON ARE ALL A CROCK. I WORKED FOR THEM FOR A LONG WHILE AND I FINALLY QUIT BECAUSE I COULD NOT STAND HOW UNETHICAL THE COMPANY WAS. NOT JUST WITH COLLECTION PRACTICE BUT HOW THEY TREATED THE EMPLOYEES. I BELIVE YOU ARE THE ONLY EX-EMPLOYEE I KNOW THAT CAN STAND UP FOR THE COMPANY!

you must work for this commapny and half of what you stated is pure bull. and should be taken out back and slapped up alone, that stupid head of your's.

The next of kin can not be assigned a debt, that doesn't belong to them, there's no law anywhere in any state or federal that states, A child is to pay a parents debt if they died, The creditor can go after the estate of a debtor, if there's assests. Or if the person that died and the next of kin are part of the same debt and listed as such.

What you said that a creditor can take steps to reset the sol, without the debtor knowing about it, where do you come up with this stuff,

First a collection agency is NOT a creditor, These programs, that Jefferson Capital offer, where they put an old SOL debt on a credit card and give a good sale pitch, sure trick people and feel great about yourself, and RJM, with there little gift, same thing. and people are stupid if the go along with it.

Your company buys old charged off debts, and the original creditor is out of the picture, so there is nothing as you claim the creditor can do to reset the sol, only action by the debtor can reset the sol, most of the time their fooled into that. or the collection agency lies, to reset the sol, but will always lose in court.

One creditor has nothing to do with another, if I defaulted on a debt, and get credit somewhere else, The credit I defaulted on doesn't get reset, be real

Your company must have a good legal department or you count on people not knowing or understanding their right and law, cause what you posted it's wrong and if your company operates that way, you must keep you legal department busy.

First off - the statute of limitations on any debt can be renewed - all it takes is a few simple steps from the creditor, steps that as a debtor you wont be aware of but potentially signed off on when applying for your loan/credit card

Second off - regardless of whether it is your mothers debt or your debt if your mother is dead the debt is assigned to the next of kin. It is not up to you to decide if this is fair or not - take it up with your congressman and have him change the LAW

Third - For you to claim statute of limitations you have a record of this debt somewhere on file - someone made a point earlier about this company not pulling a name out of a hat. they are right. or maybe your narcissitc skew on life makes you better then the rest of the bill paying world

Fourth - You can avoid circumstances like this by contacting your creditors when you are falling on hard times - it costs the company more to persue debt through an agency or a debt acquisition company then it does to work out a partial payment plan

Fifth - if you spent a tenth of the time you spent complaining about your unpaid debts and invested it in something constructive youd probably have no debt and actual money in the bank

Good luck!

You must somehow have a connection to one of these companies, If a item is off your credit report, its off, unless you do something to have it placed back on.

The only other way, if somehow your credit report was use for a PSI, doing a pre-conviction hearing or your crime involved some type of fraud and you now have a criminal record, which information within your credit report, is also part of that criminal record.

I worked investigations in several police unit, and while in SIS, our credit reports and banking info. are pulled every 6 months. and background checks are on going and continuances.

depending of what type of job you applied for is how deep a backgound check is. MAYBE, a 10 year old dropped charge might be there. MIGHT

Your sales pitch, is incorrect, taking an old SOL, debt and paying on it to obtain an high interest card is wrong, and to pay 1000+ dollars, before you get a card, is stupid. If you need a credit card that bad and can pay this company money before you can get the card, take the money and get a securd card for 12 to 18 months and then you should be able to get a unsecured card.

Stop tyring to scam people who have already messed up there credit.

If a debt is pass the sol and the reporting date to a credit bureau, all a collector can do is ask for the money, they can't use there usual intimidation tricks and these cards are just a way to bring in money on those debts and telling someone hey it might come up when you apply for a job, so you should take this offer, is a new low, even for you collectors.

I was looking for the phone number to Embrace because I left my bill at home when I came across this website. I just wanted to say, for me, the Embrace Visa has been incredible. About a year ago they sent me a letter regarding a credit card debt from several years ago that I never paid off. They offered me the same thing the rest of you received - they would transfer my previous balance to a new credit card and once I paid that balance down I would receive the actual card to start using.

I accepted the offer and paid down the 1000 balance to the 600 'get the card' amount. As soon as my balance reached 600 I received my fully functional credit card in the mail. It was exactly as they had stated. I continued making payments on the card and started using it just as any other credit card. It now shows up as a positive account on my credit report and, it took a while, but the original debt shows paid off as well. For Kimberlei's previous question about how is shows since the balance is higher than the credit limit - Embrace doesn't actually issue you the card until you pay the balance down so on your credit report it just shows you've reached the card's max balance (in my case the $600 and not the original $1000).

I understand completely the SOL references but just because the statute of limitations have expired does not mean the debt 'magically disappears', it just means most companies do not care what happened over 7 years ago. However, I applied for a job with the federal government and they pull information from 10+ years back so that information is still out there somewhere and accessible to anyone seeking information. I hope this helps anyone who had any confusion over the matter.

I was looking for the phone number to Embrace because I left my bill at home when I came across this website. I just wanted to say, for me, the Embrace Visa has been incredible. About a year ago they sent me a letter regarding a credit card debt from several years ago that I never paid off. They offered me the same thing the rest of you received - they would transfer my previous balance to a new credit card and once I paid that balance down I would receive the actual card to start using.

I accepted the offer and paid down the 1000 balance to the 600 'get the card' amount. As soon as my balance reached 600 I received my fully functional credit card in the mail. It was exactly as they had stated. I continued making payments on the card and started using it just as any other credit card. It now shows up as a positive account on my credit report and, it took a while, but the original debt shows paid off as well. For Kimberlei's previous question about how is shows since the balance is higher than the credit limit - Embrace doesn't actually issue you the card until you pay the balance down so on your credit report it just shows you've reached the card's max balance (in my case the $600 and not the original $1000).

I understand completely the SOL references but just because the statute of limitations have expired does not mean the debt 'magically disappears', it just means most companies do not care what happened over 7 years ago. However, I applied for a job with the federal government and they pull information from 10+ years back so that information is still out there somewhere and accessible to anyone seeking information. I hope this helps anyone who had any confusion over the matter.

I was looking for the phone number to Embrace because I left my bill at home when I came across this website. I just wanted to say, for me, the Embrace Visa has been incredible. About a year ago they sent me a letter regarding a credit card debt from several years ago that I never paid off. They offered me the same thing the rest of you received - they would transfer my previous balance to a new credit card and once I paid that balance down I would receive the actual card to start using.

I accepted the offer and paid down the 1000 balance to the 600 'get the card' amount. As soon as my balance reached 600 I received my fully functional credit card in the mail. It was exactly as they had stated. I continued making payments on the card and started using it just as any other credit card. It now shows up as a positive account on my credit report and, it took a while, but the original debt shows paid off as well. For Kimberlei's previous question about how is shows since the balance is higher than the credit limit - Embrace doesn't actually issue you the card until you pay the balance down so on your credit report it just shows you've reached the card's max balance (in my case the $600 and not the original $1000).

I understand completely the SOL references but just because the statute of limitations have expired does not mean the debt 'magically disappears', it just means most companies do not care what happened over 7 years ago. However, I applied for a job with the federal government and they pull information from 10+ years back so that information is still out there somewhere and accessible to anyone seeking information. I hope this helps anyone who had any confusion over the matter.

In reading some responses by individuals on the post,i am seeing what i think to be misinformation. Allthough different states have different laws regaurding the collection and limitatons of debt, there is no stae or federal law that allows creditors to renew you past debts as current in order to list them on your credit report. The clock on your debt starts the first day you miss a payment to the origional creditor. The gentlemen saying that they can reset the clock on your debt after the charge off is incorrect. The 7 year limit is based on the first day of delinquency on the account. If you make a payment acknowledging the debt then it will restart the clock in some states.

But the fact is if the debt is originally over 7 years and no attempt to make payment has occurred then the agency involved must remove it from your credit report. Some of the things that the gentlmen with 20+ years experience was saying makes me wonder if he is working for RJM or an affiliate. Sounds kinda like Jenna called her old boss and asked him to post here. He claimes that you as a consumer have thirty days to dispute the debt after you have been notified of it, but the fact is the only way a collection agency can prove, in a court of law, you recieved a letter is by certified mail. So he is being somewhat misleading.

Google the federal credit reporting act and read the FCC laws pertaining to fair collection practices, and maybe in some instances throw down the money for a consulting fee with a lawyer, or contact your local consumer affairs department and they will direct you to a non-profit debt repair service run by the fed,who will give you free information to your states laws and your individual rights. And if they are reprting debt that is backdated or previously paid off then they can be fined up to $1000.00 per instance, this is why the one gentlmens debt owed was taken off the very day he called them, regardless of their lack of admision to it being incorrect. Even if they do take it off your report they are liable for the damage done while on the credit report.

So if everybody filed suit in the case of these fraudelent claims of current debt owed, then RJM would would have to pay not only the fine but your court costs as well. RJM and the like want you to think they are helping you, and they convince their employees they are helping people, but in many cases what they are doing are praying on the ignorance of those of lower income and little experience. So don't trust in what anyone tells you on the web, look up the laws yourself and realize your rights, because agencies like RJM and the like rely on you not knowing your rights.

Kymberlei,

The main thing to consider is whether or not the old debt is legally collectable. Most are not. Even if it is not past statute of limitations, it is certainly close in most cases, and/or cannot be documented anyway if it had to be in court.

The main reason for this "credit card" offer is to get your SS#, DOB, tel#'s, and home address and employment information. This is all information they may not already have as the files on these old debts are often incomplete or missing altogether.

Making a payment or agreement to pay restarts the SOL on the debt, making it now legally collectable.

That "credit card" thing is outright fraud. you will NEVER actually get a credit card you can use.

Furthermore, the old account will be marked as a "paid collection", which is still a negative on your credit, and now even more severe as to the damage to your credit because the date of the activity is recent.

It is NEVER in your best interest to speak with or pay any junk debt buyer.

Always go through the validation request process and document everything. Stay off the phone.

Tim: if you look at a copy of your credit report. collection companies, will request copies of your credit reports under account review inquiries. rjm has requested my file each month for the pass 8 months, but we never heard anything from them.

what they are doing is waiting for something to drop off, so they can buy it for a few dollars if that and try to make it a new line item and get you to pay on something that's passed the s.o.l

Your right this shouln't be allowed to go on, but as long as you have companies to throw money towards are law makers the law will never change
I think everyone on this site that has a complaint against rjm, should on the 1st of the month file complaints to the ftc and the minnesota state attorney general.

if they get alot of letters at once maybe someone
in one of those offices will wake up.

Tim: if you look at a copy of your credit report. collection companies, will request copies of your credit reports under account review inquiries. rjm has requested my file each month for the pass 8 months, but we never heard anything from them.

what they are doing is waiting for something to drop off, so they can buy it for a few dollars if that and try to make it a new line item and get you to pay on something that's passed the s.o.l

Your right this shouln't be allowed to go on, but as long as you have companies to throw money towards are law makers the law will never change
I think everyone on this site that has a complaint against rjm, should on the 1st of the month file complaints to the ftc and the minnesota state attorney general.

if they get alot of letters at once maybe someone
in one of those offices will wake up.

Tim: if you look at a copy of your credit report. collection companies, will request copies of your credit reports under account review inquiries. rjm has requested my file each month for the pass 8 months, but we never heard anything from them.

what they are doing is waiting for something to drop off, so they can buy it for a few dollars if that and try to make it a new line item and get you to pay on something that's passed the s.o.l

Your right this shouln't be allowed to go on, but as long as you have companies to throw money towards are law makers the law will never change
I think everyone on this site that has a complaint against rjm, should on the 1st of the month file complaints to the ftc and the minnesota state attorney general.

if they get alot of letters at once maybe someone
in one of those offices will wake up.

Tim: if you look at a copy of your credit report. collection companies, will request copies of your credit reports under account review inquiries. rjm has requested my file each month for the pass 8 months, but we never heard anything from them.

what they are doing is waiting for something to drop off, so they can buy it for a few dollars if that and try to make it a new line item and get you to pay on something that's passed the s.o.l

Your right this shouln't be allowed to go on, but as long as you have companies to throw money towards are law makers the law will never change
I think everyone on this site that has a complaint against rjm, should on the 1st of the month file complaints to the ftc and the minnesota state attorney general.

if they get alot of letters at once maybe someone
in one of those offices will wake up.

If they give you a credit limit of $300.00 and your balance becomes $1000.00 because of transfer, what does that do to credit report?

Anyone actually do this? And how did that show up?

Not that I agree with the tactics of most collection agencies, but to comment on the EMBRACE VISA.

I received this offer from Jefferson Capital and it seems that either it's a different offer than what I received or the other posters are not reading the material/offer completely.

The offer is a 'BALANCE TRANSFER' of old debt with no transfer fee or interest on the transfered amount for the life of the balance transfer.

This goes on a new credit card with a very low credit limit, so the transfer balance is higher than the credit amount. No interest is charged on this balance.

If you start making consistent on time monthly payments then your credit will eventually improve. When your balance falls below your credit limit and you can actually charge something, they will send you an actual card.

The credit report will show on the original debt amount as "paid in full". And you also get a new account with the new credit card.

That is what my offer that I received stated.

My offer & amount is a legitimate debt within the SOL and the amount is not inflated, not even by a penny.

Unfortunately i didn't come here first. I am now a victim of Jefferson Capital. I accepted their offer and ever since my life has become a nightmare. One slight difference they changed the card name to the "Embrace" Visa card. They have completely destroyed my credit. These people are not out to help anyone. They got $500 dollars of my money and I never even received a card. My advice to anyone do not accept any offer Jefferson Capital extends they are total rip off artists!

They also buy debts that have been settled for years. They bought an old Wards account that I paid off way back before I bought my 1st house. They can't provide any information on the alleged debt, other than the previous creditors name. Not sure how a company can buy debt that is paid, nor a company sell debt that doesn't exist? Would be nice to see them taken down as there are a lot of people that seem to be in the same boat. I contested it over a month ago and got no response from them at all, other than the return receipt on my certified letter. Also, who the heck does not have a website or an email address for their company these days, illegitmate businesses, thats who!

but got swayed by the rest of the thread thanks to collection idiots that try to derail the thread to fit their agenda.

If they were here to truly "help" as they claim their company is about, then why didn't they explain the real issue.

Explain how someone can incur a debt of $4001 on a paid off loan. They can't because this company made it up.

As you asked, what good would a $1200 credit card be if A debt is $4100? None but that wasn't the intention of the company anyway since there is NO DEBT.

Certainly would like to know the outcome though.

How does getting a credit card, that already has reached it limits help.

This collection company states, that 4001.00 is owed and we will give you a credit card for 1200.00, now if you accept, you have a high interested card to pay, plus the remainer on the 4001.00 and since you accepted this offer, there is a good chance you will end up in court fighting a judgement for the rest of the money they say you owe.

if this debt is from 1976, there is nothing that can be done to you, if it shows up on your credit report or if they take you to court, you sue or counter sue.

For the poster that said Jefferson and RJM are great companies, that they just don't pick your name out of a hat, bull. I,ve dealt with both of these companies, on debts that weren't mine, because i had the same last names as the person they were looking for, and it took a court to get this corrected, and you know what, RJM sold this to another company.

How is that a great company

hears some points to ponder

remember we can sometimes get a clue, but most of the time we're clueless ... also keep in mind what you read are interpretations by people that think they know what they're talking about ... it has to be combination of listening to your conscience and reading

oh yeah hey jenna
it is better to remain silent, and be thought the fool ... then to open ones mouth and remove all doubt.

First, I just wanted to comment on what the ex-emplyee "Jenna" said about debt not magically disappearing. Actually, Jenna, that is not true. Yes, debt can only remain on your credit report for 7 years when it is a collection, however, there is a statute of limitations on how long a debt can be collected upon. States vary on how long that is but debt must "magically disappear" after that time. Zombie collection agencies are making a bundle on buying old debt files and making attempts to collect in violation of federal laws. YOU must be aware of the statue of limitaions for your state and inform them of the fact!

I received a notice from RJM two months ago telling me they had purchased an account from some other company that I allegedly had three years ago. I called them and asked who the company was and what I had purchased from them. They didn't have that information and told me they would try to get the original file. I called this morning and guess what...they closed the $86.33 account out the day I initially called! Gee, thanks for letting me know! I have EXCELLENT credit and always pay my bills so I know I didn't owe this amount.

However, during my annual credit check, they have placed themselves on my credit report. What's even worse, is that they say the debt initiated two years ago. Interesting because I pull all three agency reports every 12 months and they were never there before! According to the lady I spoke to this morning, RJM reported this debt as closed. Hmmmm....whatever! Now I have to dispute this with the credit reporting agency. DRAMA!

I am writing to hopefully give some helpful information on past due debts. I have 20+ years in the financial industry which includes secured and unsecured lending.

First, I want to clarify something that always seems to be confusing to people.

The "statute of limitations" is set by each state which depicts the time in which a lawsuit can be pursued. Once that limitation has expired, you cannot be sued for the debt or for criminal matters, cannot be prosecuted.

The "Federal Reporting Period" is how long a debt can be reported on your credit bureau. All debt is continuously reported while active, once inactive due to closing the account or in this case "charged off" it is reported for 7 years after the date of charge off. (Bankruptcies are for 10 years)

If you have a charged off debt, the orignial creditor will report is as "charged off" and if they sell it, the report will also indicate "sold to another lender." This "charge off" status does NOT automatically come off if you satisfy the debt with the new lender.

Your credit report is a history of your credit, good and bad. The "charge off" entry stays on there for 7 years after the charge off and the new tradeline with the new lender will stay on for the same amount of time as "collection account/seriously past due." When you pay the collection account, it should then be reported as "paid." Always as how the company will report, some will zero out the remaining balance and report a zero balance paid status, others will not remove the remaining balance and report as settled for less than the full balance. This is important for your credit score, a remaining balance will hurt your score. Please keep in mind that most companies only report once per month and then it takes the credit bureaus 45-60 days to update your credit report. If you find that the credit bureau is not updated, simply send a copy of your paid letter to the credit bureaus to ensure this is done. There are three bureaus, TRW, Experian and Equifax. Some are better at updating their records than others.

As one person previously stated, these charged off debts can be sold multiple times...a debt is always owed whether the statute or the reporting period runs out. If you know you owed the debt, you have to decide morally what the right thing to do is.

If you have a debt within the statute and reporting period, you have to investigate. If you owe it, you should pay it or negotiate a settlement with the company that owns it. Always get a settlement letter and keep it in a safe place, I have seen many times where someone said they paid it but had no proof of settlement, only a cancelled check which only means they paid something to the debt.

Also, one thing for those of you who say the debt is not yours, or that you previously paid it. FDCPA requires all debt collection companies to mail a letter to the consumer stating they now own the debt. You as the consumer have 30 days to dispute the debt, in which case, the debt collection company has to validate it. If the company cannot validate it, it is removed from your credit bureau and they send you a deletion letter. If you go past the 30 days and do not reply, the burden of proof is on you to prove that it is not your debt. Sounds ugly and consuming of your time, but that is the way it works. Alot of debts are sold that are not valid. Identiy theft, clerical errors where your account was not cleared out as agreed and unfortunately people who are out there to make a buck and promise you a settlement(not send you a letter) and leave the balance to be sold only to haunt you at a later date.

If you still are plagued with a debt that you truly believe is not yours and it is on your credit report, file a dispute with the credit bureaus. It is futile to try to go back to the original creditor as they have sold your debt and really do not want to be bothered.

One last thing, the "Majestic" program you speak of...there are many of these types of programs out there and they are there to help you take care of the debt you owe and to help you restablish credit. Only take these offers if 1) you know you owe the debt 2) you want to restablish your credit and get a new credit card. If you are trying to clear up your debt, work with the collection agency or the debt collection company and work out a payment plan or upfront settlement. If you know you owe a debt, it is in your best interest to clear it up to improve your credit score. You never know when you might want to buy that dream home or refinance and the savings of 1% on that loan is staggering.

I hope this has helped to clear up some of the confusion on this subject.

PS: Be careful when you settle an account, the IRS is making the debt collection companies and creditors file a 1099 for the "forgiven" part of the debt over $300 which will increase your taxable income.

In october I payed in a debt to RMJ that I originally owed to Fingerut. It is still on my credit report as unpaid. I did recieve the majestic visa but they will not assist me in contacting RMJ. I feel so stupid and do not know what to do.

I don't have the Majestic Visa. But in Oct, 2005 my husband and I had some extram money and went about cleaning up old debt. We pulled his credit report and immediately started contacting creditors. I contacted THEM (Jefferson Capital) about and old Fingerhut debt. They informed they had JUST snet a settlement offer in the mail. I agreed to the settlement price and paid them by check over the phone. Now, 2 weeks ago I pulled my husbands credit report again because he was having problems with his job security clearance. Jefferson Capital STILL has the debt listed in full as being unpaid AND they never notified the original creditor (Fingerhut) that it was paid, so it is also on his credit report under THEIR company..and now I can't even find a phone number to call them. My husbands employmeny position is in danger because of these scam artists.

I came across this message board as I have found RJM on my credit report and was searching for help. First off, this has been freshly put on my report. Why have I had no prior communication regarding this claim?

I am currently right in the middle of escrow and this shows up. Jenna oh my gosh, your preaching to people who have spent all day long on the phone with RJM and have repeatedly heard these words I am sure "this is an attempt to collect a debt, any information gathered can be used for that purpose, now how do you intend to pay this debt today?" you can tell them 70 times that you have no idea what they are even reffering to yet, ROBOT LIKE voices seem to repeat themselves over and over again. RJM and other such collection agencies are not trying to help anyone (hense the term "collection agency"). The fact that you spent your off time backing them is so outrageous, especially when you state you dont work there anymore.(uh huh)-silly dolphins. Lets be real, I would love to hear from a company rep that tells the truth, for once, and can help people like us, who find themselfs in a rut and in search of some truthful answers.

If anyone knows the ins and outs of RJM please let me know, desperate times call for desperate measures, at this point my lender tells me to only pay them if they "delete" does anyone know about this, please let me know. And to all of us in "crazy credit land" Good luck, we will prevail!

I don't know who this Jenna is but I suspect that she is not an ex-employeee but probably one of the people running this scam. If she is an ex-employee, she certainly has the rudeness to have been an employee for RJM at one time.

A few months ago I was checking my credit score as I'm applying for student loans and I found a post from RJM saying that I owed bank of america over $100 and my account had been closed for 2 years and I never received notification of a collections agency transfer.

On my mother's credit report, a debt for the same amount was posted on her credit report; SAME exact figure as mine. We were both adults when we had the accounts and we did NOT have a joint account but RJM is saying that we both owe $100 when my mother's account was closed since 2002.

Unfortunately I need my student loan and my lender won't approve my mom for a PLUS loan until this rjm thing is off her account so I have to pay but I'm really angry.

I have a majestic visa card. I had a debt with fingerhut. I had bad credit. When i was offered the Majestic card i thought its a load of crap, but then i started talking to friends and family. i talked to 5 diffrent people all have the card, all had legit debts. If the card is used properly it can really help your credit. So my experiance has been great. As for the guy that has no dealings with Bank of America. Loans get sold. I had a car loan that was sold three times before i paid it off, it ended up that i paid off Bank of America. That is not who i got the loan from. so do some research. Yes there are alot of debts that get paid off and then show up as not paid. i happen to be a person it happens to alot of the time. never ever throw away a receipt for a payment.

The statute of limitations only refers to how long a debt can be reported on your credit report. After the 7 year statute passes, the debt REMAINS COLLECTABLE. A debt just doesn't disappear after the statute passes.

Have any of you ever read anything about the FDCPA or FCRA? RJM is doing nothing wrong or illegal. They are not a scam, they are honestly trying to help people clear up their credit.

The Majestic Visa offer was given to some people as a way to establish a new line of credit. RJM transfers the balance to Majestic Visa. The balance is paid off through Majestic, thus establishing a new line of credit, improving your credit score.

Without researching this company I signed and sent back the offer for a majestic visa card. I tried to catch it before the mailman came but it was too late. If I don't sign or use the card will I still be liable for any charges.

I wish that I would have read this first because I see now I am in stored for a big headache with this company.

If you have any helpful suggestions please let me know.

I received an offer frome Majestic Fresh start Visa card with reference from Jefferson Capital Systems and RJM adjustments Funding for an outstanding balance from fingerhut and if I get this Pre Approved Majestic Visa card they will transfer that bill to it Blah-Blah-Blah.

As it turns out, I paid that Fingerhut bill off as of March 21, 2005 through Island National Group of New York (which originally was referred to them from RJM in 2004.

I have the Paid in Full receipt from Island National Group. I believe that either RJM or Majestic is running a scam to try to double collect on this old bill. Jenna needs to move to Europe where people without common sense can exist with little effort.

I received an offer frome Majestic Fresh start Visa card with reference from Jefferson Capital Systems and RJM adjustments Funding for an outstanding balance from fingerhut and if I get this Pre Approved Majestic Visa card they will transfer that bill to it Blah-Blah-Blah.

As it turns out, I paid that Fingerhut bill off as of March 21, 2005 through Island National Group of New York (which originally was referred to them from RJM in 2004.

I have the Paid in Full receipt from Island National Group. I believe that either RJM or Majestic is running a scam to try to double collect on this old bill. Jenna needs to move to Europe where people without common sense can exist with little effort.

I received an offer frome Majestic Fresh start Visa card with reference from Jefferson Capital Systems and RJM adjustments Funding for an outstanding balance from fingerhut and if I get this Pre Approved Majestic Visa card they will transfer that bill to it Blah-Blah-Blah.

As it turns out, I paid that Fingerhut bill off as of March 21, 2005 through Island National Group of New York (which originally was referred to them from RJM in 2004.

I have the Paid in Full receipt from Island National Group. I believe that either RJM or Majestic is running a scam to try to double collect on this old bill. Jenna needs to move to Europe where people without common sense can exist with little effort.

I received an offer frome Majestic Fresh start Visa card with reference from Jefferson Capital Systems and RJM adjustments Funding for an outstanding balance from fingerhut and if I get this Pre Approved Majestic Visa card they will transfer that bill to it Blah-Blah-Blah.

As it turns out, I paid that Fingerhut bill off as of March 21, 2005 through Island National Group of New York (which originally was referred to them from RJM in 2004.

I have the Paid in Full receipt from Island National Group. I believe that either RJM or Majestic is running a scam to try to double collect on this old bill. Jenna needs to move to Europe where people without common sense can exist with little effort.

Sherri is right Jenna. So stop all the crap spewing from your mouth NOW. These people have come here for help, not to here your self-rigeous bull about having to pay a 20 year old debt, regardless if they owe or not.

If you read Wendell's original post, he paid off the loan in a year. There is no debt. So back off and shut up already. I have seen your posts telling people to reaffirm junk debts or non-existent debts. You should not be allowed to post here as you are giving misleading information.

Majestic Visa is a scam, and won't help anyone out, it will just restart the clock on a debt that probably cannot be verified anyway.

Wendell, you have to write a letter to these people to get them to cease all collections, unless they can verify the debt in writing, with your signature, contract, something that proves it's yours. Don't take the VISA!!!! They CANNOT TOUCH YOU NOW, but if you accept their offer, you are screwed. DO NOT listen to JENNA, she lies, she is ignorant, and she is a collector.

First of all, I am NOT in a bad financial situation. If I were in a bad situation, I would definitely NOT worsen it by reaffirming an either out-of-stat (legally uneforceable) debt or debt not belonging to me, especially when it does nothing other than line a junk debt buyer's pockets. That wouldn't be very intelligent, now would it? Jefferson Capital/RJM (along with the other Hanna-run companies) are NOT interested in helping anyone other than themselves to the ill-informed consumer's money.

You do not come across as 29. If you are, you obviously have very little work experience. Power to you for going back to school...never too late.. After serving six years as a USAF flight nurse, I went back to school and became a Nurse Practitioner and am now doing a post-doctoral fellowship and am in my early forties.
Good luck in vet tech school.

The original post noted that the bill had been PAID OFF. If this outfit is so wonderful, why are they trying to collect a debt that was PAID in the mid-70's? And forget the "Mommy" card, Toots. Having children does not make you smarter, more experienced, a better person or elevate you in any way, shape or form. It has nothing at all to do with the subject at hand so stow it.

As for someone not knowing you, maybe so but the tripe you posted certainly gives some very big clues and the person who said something in response was clearly expressing an opinion of you based on the ignorant twaddle you spewed here.

First of all I would just like to thank you for ignorantly judging me without even seeing my face. That is the most certian sign of ignorance. Second of all, This is NOT A SCAM IT IS A LEGITIMATE COMPANY WITH HIGH REGARD FOR CUSTOMER SERVICE, I WAS THERE AND THEY ARE TRULY TRYING TO HELP, WHEN I STARTED THERE I THOUGHT THEY DIDNT.

BUT I WAS SUPRISED BY THE AMOUNT THEY REALLY DO WANT TO HELP. AND DO!!!!!!!!!! so if you passed up this offer you screwed yourself, i wish someone would offer me this offer to me if i were in your situation. you were ignorant. DO YOU BELIEVE EVERYTHING ON THE INTERNET!???????

I dont know what you consider "young", but I am 29 and have 2 children. I took this job after going back to work after my second child. I will soon work for the MNZoo as a certified Veterinary Technician working with the dolphins. But if after that I am still nieve, you can judge all youwant. You are close minded and will listen to nothing but your own view point anyway.

You come across as if you are extremely young and perhaps this is your first job, so let me try to undo some of the brainwashing you were given at orientation:

Jefferson Capital and RJM are "junk debt buyers"..they collect debts that are beyond a little thing called "the statute of limitations" NOT because "someone told them to". They either purchase the information on charged off accouns (for next to nothing) or steal the information off of Transunion. Then they hire people like you to call and harrass people, hoping that they are ignorant of their rights and do not know that they cannot be garnisheed, arrested, etc. In the cases that people are frightened into paying, the original creditor gets NOTHING and it doesn't improve their credit. The person who does fall for this scam has their information sold to other junk debt buyers (aka bottomfeeders), as he/she is now an easy mark.

Oh, as for that wonderful "Majestic Visa", do you tell the people with the out-of-stat debt that by accepting it, they are basically reaffirming an otherwise uncollectable debt and the clock on the statute of limitations is starting over? Somehow, I don't think you do.

HELLO?!?!?!?!? Do you know ANYTHING about credit??? Of'course that loan from 1976 isn't on there, it only stays on your report for 7-10 years. But if you dont pay something for that long and its off your report that doesnt mean you magically dont have to pay it anymore. And I DO NOT believe that this company just found out about this loan from 1976 and just made up that you owed it, and just made everything up! They are a highly respected company and had a reason to call you.

They dont just pick names out of the phone book. Jefferson Capital doesnt just have accounts out of nowhere, they are charged off from another company and they tell Jefferson to collect on them. It upsets me that you can be saying this kind of things thinking you are above all else, when you are so ignorant that you would even think that a loan from 1976 whether you paid it or not would be on you credit report!!!!!!

HELLO?!?!?!?!? Do you know ANYTHING about credit??? Of'course that loan from 1976 isn't on there, it only stays on your report for 7-10 years. But if you dont pay something for that long and its off your report that doesnt mean you magically dont have to pay it anymore. And I DO NOT believe that this company just found out about this loan from 1976 and just made up that you owed it, and just made everything up! They are a highly respected company and had a reason to call you.

They dont just pick names out of the phone book. Jefferson Capital doesnt just have accounts out of nowhere, they are charged off from another company and they tell Jefferson to collect on them. It upsets me that you can be saying this kind of things thinking you are above all else, when you are so ignorant that you would even think that a loan from 1976 whether you paid it or not would be on you credit report!!!!!!

HELLO?!?!?!?!? Do you know ANYTHING about credit??? Of'course that loan from 1976 isn't on there, it only stays on your report for 7-10 years. But if you dont pay something for that long and its off your report that doesnt mean you magically dont have to pay it anymore. And I DO NOT believe that this company just found out about this loan from 1976 and just made up that you owed it, and just made everything up! They are a highly respected company and had a reason to call you.

They dont just pick names out of the phone book. Jefferson Capital doesnt just have accounts out of nowhere, they are charged off from another company and they tell Jefferson to collect on them. It upsets me that you can be saying this kind of things thinking you are above all else, when you are so ignorant that you would even think that a loan from 1976 whether you paid it or not would be on you credit report!!!!!!

HELLO?!?!?!?!? Do you know ANYTHING about credit??? Of'course that loan from 1976 isn't on there, it only stays on your report for 7-10 years. But if you dont pay something for that long and its off your report that doesnt mean you magically dont have to pay it anymore. And I DO NOT believe that this company just found out about this loan from 1976 and just made up that you owed it, and just made everything up! They are a highly respected company and had a reason to call you.

They dont just pick names out of the phone book. Jefferson Capital doesnt just have accounts out of nowhere, they are charged off from another company and they tell Jefferson to collect on them. It upsets me that you can be saying this kind of things thinking you are above all else, when you are so ignorant that you would even think that a loan from 1976 whether you paid it or not would be on you credit report!!!!!!