Report: #81049

Complaint Review: RJM Acquisitions Funding

  • Submitted: Thu, February 19, 2004
  • Updated: Fri, February 20, 2004
  • Reported By: Norman Oklahoma
  • RJM Acquisitions Funding
    575 Underhill Blvd, Suite 2
    Syosset, New York
    U.S.A.

Show customers why they should trust your business over your competitors...

In preparating to request a home mortgage, I pulled my credit report today only to find an account reported by RJM Acquisitions Funding/Fingerhut in collections. Although I have never had an account with Fingerhut, an account--reportedly opened in August of 2002--was reported with a deliquent balance of $194. This has significantly lowered my credit report to the point that unless I wait to get a mortgage until this is cleared off my report, it will cost me tens of thousands of dollars more (if not more) over the life of my loan. Or I may not qualify at all...All of this because of some ERROR...just a pure lack of due diligence on the part of RJM.

I disputed it with the credit reporting agencies and will be calling RJM Acquisitions EVERYDAY until removed from my report. From my experience, regardless if removed or not, it will require many tireless hours of research, calling, follow-up, calling, and more research over many months to get this removed. This alone will delay me getting into a new home at the right price/rate (which I desperately need with a new baby on the way). The credit reporting agencies will not even be getting back with me for 30 DAYS!

Even when this error is removed, RJM should be punished for causing all of this to me and to you. If many of you are like me, I was totally shocked to see a deliquent account on my report and more surprised when I had not even been notified (not sent a bill, not notified of a past due balance...nothing) of such deliquency. It is pretty sad when the report (credit) that matters so much to most american's--basically making or breaking their dreams for a home or car--can have so many errors, effect so many people, take so long to resolve, and the companies like RJM Acquisitions Funding go scott free with not penalities.

From my research, RJM should be make to remove all deliquency reports from accounts in August 2002 until the balances can be justly verified.

Charity
Norman, Oklahoma
U.S.A.
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This report was posted on Ripoff Report on 02/19/2004 05:48 PM and is a permanent record located here: http://www.ripoffreport.com/reports/rjm-acquisitions-funding/syosset-new-york-11791/rjm-acquisitions-funding-funding-fingerhut-unknowingly-and-fraudulently-reported-non-exist-81049. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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#1 Author of original report

RJM Acquisitions is assisting in resolving the problem. Thanks RJM and RipoffReport.com.

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

The consultant I talked to at RJM first thing this morning was not helpful however, once I got the supervisor on the phone it seemed to be smooth sailing. The fingerhut account (which I found out was in my maiden name) was actually opened in 11/1997 from an address I had moved from in 5/1997. Talk about identity theft before anyone knew what it was! Although payments were made in 1998, the account was never paid off.

The fact that I knew nothing of the account and what had transpired was obvious to the supervisor who assured me he would take care of it and promised to have the account and status DELETED from my credit reports. I am told that getting it deleted could take 45-60 days, but since I also disputed it on my credit reports I am hoping that when the reporting agencies get back to me in 30 days, it will already be "deleted".

So for those of you facing the same/similiar situation, I recommend 1) dispute the claim on your credit report electronically and 2) speak to a RJM supervisor requesting for the claim to be "deleted" and 3) follow up with the credit reporting agency until claim(s) removed.

Thanks RJM and RipoffReport.com.
Respond to this report!

#2 Author of original report

RJM Acquisitions is assisting in resolving the problem. Thanks RJM and RipoffReport.com.

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

The consultant I talked to at RJM first thing this morning was not helpful however, once I got the supervisor on the phone it seemed to be smooth sailing. The fingerhut account (which I found out was in my maiden name) was actually opened in 11/1997 from an address I had moved from in 5/1997. Talk about identity theft before anyone knew what it was! Although payments were made in 1998, the account was never paid off.

The fact that I knew nothing of the account and what had transpired was obvious to the supervisor who assured me he would take care of it and promised to have the account and status DELETED from my credit reports. I am told that getting it deleted could take 45-60 days, but since I also disputed it on my credit reports I am hoping that when the reporting agencies get back to me in 30 days, it will already be "deleted".

So for those of you facing the same/similiar situation, I recommend 1) dispute the claim on your credit report electronically and 2) speak to a RJM supervisor requesting for the claim to be "deleted" and 3) follow up with the credit reporting agency until claim(s) removed.

Thanks RJM and RipoffReport.com.
Respond to this report!

#3 Author of original report

RJM Acquisitions is assisting in resolving the problem. Thanks RJM and RipoffReport.com.

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

The consultant I talked to at RJM first thing this morning was not helpful however, once I got the supervisor on the phone it seemed to be smooth sailing. The fingerhut account (which I found out was in my maiden name) was actually opened in 11/1997 from an address I had moved from in 5/1997. Talk about identity theft before anyone knew what it was! Although payments were made in 1998, the account was never paid off.

The fact that I knew nothing of the account and what had transpired was obvious to the supervisor who assured me he would take care of it and promised to have the account and status DELETED from my credit reports. I am told that getting it deleted could take 45-60 days, but since I also disputed it on my credit reports I am hoping that when the reporting agencies get back to me in 30 days, it will already be "deleted".

So for those of you facing the same/similiar situation, I recommend 1) dispute the claim on your credit report electronically and 2) speak to a RJM supervisor requesting for the claim to be "deleted" and 3) follow up with the credit reporting agency until claim(s) removed.

Thanks RJM and RipoffReport.com.
Respond to this report!
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