Debt Collection Scams | Office of the Attorney General The collection agency would give me no information other than the name of the company they were working for. And you have rights as a consumer. Under a federal law known asthe Fair Debt Collection Practices Act(FDCPA), this behavior is illegal. I told her I was not going to speak with her or even verify my name. The only thing is that I cannot find any recent information on Sherman. But in case you are among the 1 in 3 Americans with delinquent debt, it's worth knowing how debt collection works, understanding your rights and how to get help when you need it. Here is a list of our partners. With a focus on thoughtful and actionable money advice, Sean provides real-world guidance that can help consumers better their financial lives. http://www.astafraud.com/. The amount of time that passes before the debt is released to collections depends on the type of loan. This process can take months, if not years, depending on how hard a score was hit due to bills in collections. ), I was never advised of this debt prior to summons & most important I DO NOT OWE! Ignoring a lawsuit over a delinquent debt puts your wages, bank account or property at risk. Providian needs to accurately report to the credit bureaus that my MasterCard is "paid as agreed" and "paid in full". I do not know how I owe this money and need some clarity as to what can be done to resolve this matter. A female operator provided a case number and phone number of ************. Login . First, make sure this fits your financial situation. I have been doing research on this bill and it was sold to Great Seneca which along with Providian is defunct. Contact the judgment creditor's attorney as listed in the court files; or. If the debt doesnt belong to you, you can dispute it. whos on her death bed! No matter which route you take, make sure you get the agreement between you and the debt collector in writing to ensure both parties stick to the plan. What You Should Do Once An Account is Sent to Collections, reporting rental payments to credit bureaus here, Check out Forbes pick for the best credit cards if you have bad credit here, Best Personal Loans For Debt Consolidation, How Do Personal Loans Affect Credit Score, Selling revolving debt to a collection agency who then when work to collect it, or. The debt may be completely fake, canceled, discharged, forgiven or beyond the period for collection. Imagine you got sick a few months ago, and put your medical bills on a credit card. The Web's Largest Resource for Definitions & Translations. MY FIRST THOUGHT WAS WHY DIDN'T THE PAYROLL DEPARTMENT NOTIFY THE EMPOYLEE OF THIS GARNISHMENT?I AM VERY PISSED OFF AND I'M GOING TO BE BY HER SIDE UNTIL THIS MATTER IS RESOLVE SECOND OFF WHY DIDN'T PROVIDIAN CONTACT HER OBVIOUSLY THEY HAD HER CONTACT INFO TO GARNISH HER WAGES WITHOUT HER KNOWLEDGE PROVIDIAN YOU SUCK WHO EVER YOU ARE AND WE WILL SEE YOU IN COURT THANKS FOR SCREWING UP HER CHRISTMAS! If you are unsure of whether the statute of limitations has passed, the CFPB recommends contacting an attorney in your state. Re: HELP! I have free, top notch attorneys for as long as needed. TheCiti Simplicity Cardlets you pay off debt over a long period, with a 0% intro APR for 21 months on balance transfers from date of first transfer (after, 18.74% - 29.49% variable APR; balance transfers must be completed within four months of account opening). Research/discuss 85,000 issues in the forum or privately ASK A LAWYER NOW, click ASK NOW. I am going to get a lawyer and sue the ### out of these ###ing crooked ### and get as much national attention as possible to bring them to their ###ing knees. This means a collector cannot sue you for a debt that is older than a certain number of years, which the CFPB says ranges from three to six years, depending on the state. I wanted to see if anyone else had dealt with them and the results of that first. Understand your rights Paying off a debt in collections can get debt collectors off your back and put you on the path to restoring your credit and reclaiming your finances. Ignoring a lawsuit over a delinquent debt puts your wages, bank account or property. Share your photos and videos with others to prove the truth of your words. They are both reporting the same account and account balance. Don't ever send a debt payment by wire transfer, especially overseas. According to FICO, the more recent a collection is, the more it will hurt your score. However, real debt collectors still have to obey the law. According to Tayne, collectors are well-trained and have the advantage in the situation, whereas consumers are disadvantaged and may be cornered into an obligation to pay the debt in full. Please write me at v.romero@yahoo.com. I am also simultaneously filing complaints with all of the following entities: OCC - Comptroller of the Currency, Administrator of National Banks. Its expected to pass by the end of the year, so consumers should pay attention to the final changes. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. >>More: 7 Debt Tips from People Who've Been There. I need to know how to stop this, I have a disabled wife and kids to take care of and bills have to be paid. If they refuse to answer all of your questions, there's a good chance you're in the middle of a scam. Many want to immediately pick up the phone and call the creditor to explain the debt, but she says this isnt in their best interest. Can someone tell me who and what this company is? They addressed me by my maiden name which I havent been since 2012. Many factors affect your FICO Scores and the interest rates you may receive. I also have never seen this on my credit nor have I seen any collection letters or calls for this. I had a credit card with this company in ****. However, they may be able to leverage the legal system in surprising ways, like suing you or freezing your assets. Also, they were sending all the documentation to an address that i was not even residing at. Please DO NOT add attachments that contain your or other peoples personal information, if you dont want it to be visible to the public. Check your credit report at least once a year to reduce any surprise calls from collections, Eweka says. If you find yourself in this situation, know you can seek free legal advice and/or pro bono counsel by looking up nonprofit legal aid organizations in your state. Nationwide *Author of original report: PS.because I forgot to mention it! The original creditor may. One of the surest ways to avoid a debt collection scam is to know all of your real or valid debt. I have received nothing concerning this situation. o6, thank you for the link, I found thatone too. Consumers have 30 days from the initial communication about the debt (for example, the first letter received explaining the debt is in collections) to call the collector and ask for the debt to be verified in writing. Tell them you've been targeted by fake debt collectors. Make sure the terms of this agreement are correct before making a single payment. Providian National Bank The complaint has been investigated and resolved to the customers satisfaction. Banks, issuers and credit card companies do not endorse or guarantee this content, are not responsible for it, and may not even be aware of it. Trying to pull a fast one with fake court documents? - forums.debtcc.com "Remember that the amount of debt forgiven may be taxablewhen you file your tax return," advises Eweka. There is an introductory balance transfer fee of 3% or $5, whichever is greater for transfers completed within the first 4 months of account opening. Providian National Bank Review: Unfair Collection on account that I Is that legal?? Providian called me, offered the settlement, to which I agreed, sent them the money they required to fulfill the settlement at that time, & that was that- done, over. Finance and CBS News Radio. 10 yrs online! His credit report had so many errors on it. Ripoff Report | Providian Review - Nationwide - Providian visa credit That means that at the end of seven years, no matter how many times the debt was resold and re-reported, its likely the debt will be deleted from a credit report. This complaint was posted by a verified customer. First, if criminal activity was involved, contact your local law enforcement. HELP! OLD CC COLLECTION DEBT/RIPOFF SCAM! - myFICO Forums - 670451 What does providian mean? Before Sean lead podcasting at NerdWallet, he covered topics related to consumer debt. Providian was sold in 2005 and later sold again to Chase. I do not have knowledge of this account. If you've recently lost your job or incurred an unexpected expense such as a medical bill, there are resources to help you juggle debt repayment. Dont respond and file a complaint with us. , paying off the debt in full with a single payment can quickly resolve your debt collection woes. Even if you pay it, it will stay on showing paid but it will still be there. If they call again tell them to send you a letter of the details regarding that debt if they say anything in the realm of pay us now over the phone it's a scam. At this point, your creditor is cutting its losses and is no longer involved. Both of these banks were sued by many people for deceptive banking practices. Providian Financial Sucks - They will pay. Oh yes, they will pay As a matter of policy, BBB does not endorse any product, service or business. How the debt collector will report the debt to credit bureaus. You can reach us on our office telephone (386-444-3032), by fax (888-990-1460) or by clicking here to send us an email message . Remember, we welcome your calls and emails at any time, including in the evening and on weekends. I am in the same situation as most of you, I received a collections phone call regarding a providian credit card in which I know nothing about. Providian Visa Platinum with real Benefits. Share your photos and videos with others to prove the truth of your words. Ask Your Own Legal Question. I received nothing in the mail or otherwise stating that this would happen. Dont lose the ability to defend your case properly! The card was open Dec.4th 2000-closed Sept. They want $1900.00 from me and filing fees. 14 complaints closed in the last 12 months. They said that they are going to get back to me. Sometimes, debt gets shuffled from one collector to another. I am going to print this page so the judge can see all the false complaints Providian is filing this "account is from 2001 way past the time for a court case. Debt is toxic when it costs you too much in money or lost opportunity or carries too much risk. They are available onAnnualCreditReport.comthrough April 2021. If your debt has not gone to collections yet, one option to help you save tons on interest and pay it off more quickly is to use a balance transfer . Copyright 2001-document.write(new Date().getFullYear()) Fair Isaac Corporation. Another letter I received from a different collection agency working for them demanded I open a credit card account with them and the balance would immediately show on that credit card and I could make monthly payments to them at an interest rate of 29.99% interest unitl it was paid off and they they would extend me a 'revolving' line of credit. Sherman acquisition although they are ruthless, they are a legit company. As with any negotiation, start lower than your target. OLD CC COLLECTION DEBT/RIP-OFF SCAM. Image Credit. More details on software and accessibility are available at WebAIM.org. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) The scammer might. They have a website that list a single email address, but no physical address or phone number. This is the only bill that is holding me up from financial freedom. I just received a collection from Portfolio Recovery Associates, LLC. All they gave me was the CC#. Keep this proof in case the payment isnt recorded correctly or the debt somehow gets resold to another collector. You might be using an unsupported or outdated browser. I have several that will help. Vane. They also told me they will continue to report it to the credit bureau. Location of This Business One Mobility Plaza PO Box 156, Sewell, NJ 08080 Real debt collectors will often try to get payment quickly, but if your collector is being very pushy, you should be suspicious. Past performance is not indicative of future results. There are risks with ignoring a debt in collections, like completely destroying your credit score and getting sued by the collector. This is supposedly from 2003 or 2004 making this an approx 13 year old issue again past Fl. Select a topic to see what people are saying about different issues Professional development So, some debt collectors are real, and they're acting on behalf of the company to whom you owe money. When a collections representative from your credit card issuer calls you, it's usually because you haven't made at least the minimum payment for at least 30 days. PRIVACY NOTICE: When you visit this website we collect your browsing activities on our site and use that information to analyze and research improvements to the website, and to our products and services. Today i receive a phone from Resource Recovery trying to collect on a Providian National Bank. These letters are very stressful and annoying. I had purchased the illness protection insurance through Providian. His writing has appeared in The New York Times, USA Today and elsewhere. With the counselor's help, call the collections agency and arrange a payment plan so the delinquent marks roll off your credit report as quickly as possible. Now they have 3 different collection agencies attempting to collect over $3000 on the same account! This mini-guide will go over the following: Debt collection is the process of unpaid debts getting assigned to a collections agency. 9-26-2001 I submitted to Providian Credit Card Company a On "Smart Money," Sean talks with Nerds across the NerdWallet Content team to answer listeners' personal finance questions. How to Deal With Debt Collection - NerdWallet Share This. Re: HELP! Performance information may have changed since the time of publication. Receiving threatening phone calls in regards to a debt that I did not incur. Payment history is the largest contributing factor to your FICO score. Avvo Logo I had a Providian Bank Card with a credit limit of $600 and a balance of $175. For more than 15 years we have helped nearly 50000 customers resolve their issues and will never stop striving to ensure further improvements on our platform for a better communication between companies and customers. It was a credit card bill that I had with Providian Financial back in 03. I am not going to send mone to someone i do not even know. She began shouting, said, 'Oh, here we go, another f******* deadbeat. Great discounts from Great retailers and Online Access to your Credit Score. Email me if u know . No Annual Fee. After returning to work on Monday and obtaining more information, he discovered it was from a Providian Credit Card he supposedly opened in ****. Collectors in bad-faith have been known to harass consumers with phone calls and demand larger payments than what is legal, among other deceptive practices. Scammers survive by getting people to pay fake debts before they have a chance to realize they're being scammed. I'm a senior consumer finance reporter for Forbes Advisor. Do this as soon as you know you're going to have trouble paying your bills, and you could benefit from a lower APR, temporary forbearance or deferment, waived late fees or other accommodations depending on your financial situation. I'm currently on disability being sole source of income can't afford nor verify this debt. 2023 SELECT | All rights reserved. Plus, the Statute of Limitations has passed. I spoke with a rude dude in a heated argument before getting the hang up with him forwarding a letter from Douglas And Associates being of Los Angeles CA.. wouldn't give us any info, and wouldn't listen . They said they had left it at the front door. If u have any suggestions. You can do this yourself, even though many. The use of this website means that you accept the confidentiality regulations and the conditions of service. thanks You will pay, do you hear me! More than one in four consumers (28%) have a third-party collections tradeline on their file, according to new data released by the Consumer Financial Protection Bureau. what is going on need help please. Never attempt to "scam the scammer." Explain to the creditor why you cant make full payment. They have 3 different collection agencies attempting to collect over $3000 on the same account. I have read over several other complaints online and even read of a lawsuit that was settled back in **** alleging consumer fraud and deception. For any questions or problems with your online bill payments (800 . This will surely increase the credibility of your complaint. If the collection agency agrees, it should send you a document outlining the deal. My bank account is now almost $1000 over drawn and there is nothing I can do about it. It's very simple: Someone contacts you often by phone, but also by text message, fax, mail or email and claims that you owe a debt. If you miss a payment, the debt collector may abandon the agreement and try to sue you for payment, which can lead to, 7 Debt Tips from People Who've Been There, If you come into money through a tax refund or inheritance, or if you just. I got a letter from ARA Inc saying I owe Providian bank, who I have never heard of. And, LVNV is reporting a hugely wrong balance on this old account(if they are even reporting my actual account..they won't validate). All times are GMT-5. They pressure you A credit collection scam might use scare tactics and threats. You can do this yourself, even though many debt settlement companies will try to get you to pay them for this service. Our partners cannot pay us to guarantee favorable reviews of their products or services. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. I have over 8 years experience in this field and a working relationship with a law firm who specializes in cases like yours that may have them PAY YOU! Ever. It's probably a scam, collection agencies usually send letters to your home to settle the debt before using other types of harassment. Providian Financial Careers and Employment | Indeed.com 9-26-2001 I submitted to Providian Credit Card Company a "Credit Protection Extension Request Form twice along with a medical letter. This compensation comes from two main sources. Learn more. Credit Target. You can say something like, Is there an option to settle this debt? FTC's website on credit. Find out more about how 0% APR cards work andhow to make the most of your balance transfer.. Information about the Citi Simplicity Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication. She is elderly and I made sure we called them together. when we moved to Kentucky his mother was living with us they tryed to collect from us told them that she was in a old folks home gave then the address and phone number and have not heard from them in several years its not ours they said he was on the card to and asked them to send us the form where it had his name on it but never got it so they are crap out of luck. Providian sells its best accounts to JPMorgan Chase / Providian sells Presumably. The bottom feeders are out and looking for anything they can get their hands. After evaluating the debt and coming up with a plan, its time to contact the collections agency. My husband has received a letter from a Collection Agency for a Credit Card account which was closed and written off as a bad debt in 2009. . Providian/WaMu is reporting an old SOL credit card on my credit reports. Copyright 2013 Rudnitsky Law Firm . And although laws vary state by state, collections agencies are generally not allowed to use unfair practices like adding fees and interest on top of what you owe (since they're already making a profit from it), nor can they threaten to take your property through illegal means. I used to love this country how could anybody these days! This influences which products we write about and where and how the product appears on a page. wel we just got one of these people calling an old address . You also cant be sued in any county other than where you lived when you signed the contract or at the time the lawsuit was filed. They addressed me by my maiden . The more we know about current scams, the more likely it is we'll be able to identify or prevent similar scams in the future. The greater the debt and the longer its been in collections the more likely the creditor is to accept a settlement. Another company just called me about the same account and the woman on the phone stated she worked for an attorney, though she refused to say what attorney. This will surely increase the credibility of your complaint. Same here after 11 years. Quick Question I just got summoned for a credit card that I dont even recall was mine apparently they put on a Judgement againt me on 10/1/2007 and now i just recieved a letter from the . Can collector come after me for 20-year-old debt? - Yahoo Finance That would include such things as payday loans, high-rate credit cards, rent-to-own contracts or extended car loans. Negotiating a settlement takes persuasion and caution. You can do this yourself, even though . And before you enroll in any type of financial assistance, considerwhat's best for your situation. Tuesday, August 5, 2003 I am sending Providian their final letter. This is false accusations, code violations and harassment. The sent to address I have not lived for over 12 years. Previously entered content was automatically saved. *** never had an account with them havent had a credit card with ********** all of this and they proceeded to ask me if I was willing to do their settlements to which I said no this is not my account Im not paying for anything and he said OK within 3 to 5 days you will be receiving paperwork that will have a court date issued on it for you to appear and state your claim never had a card with this company will not be paying will be fighting this, even if I have to hire an attorney. WHy can these guys get away with this. The complaint has been investigated and resolved to the customers satisfaction. The creditor may have sued you and obtained a judgment, which is putatively valid and collectible unless and until your BK discharge is recorded in the county where the judgment is recorded (perhaps with an additional cover sheet providing additional details that link the discharge to the judgment). They say I owe them $3037. If you come into money through a tax refund or inheritance, or if you just hustle to earn the money, paying off the debt in full with a single payment can quickly resolve your debt collection woes. Finallt i spoke to someone who told me the debt was from 2000 and they would kindly settle for $2500 and i flipped out because this wasnt my debt! If you leave it unpaid it will fall off eventually but will hurt worse in the long run. If they cause my mother any more stress lord have mercy! This review was chosen algorithmically as the most valued customer feedback. thanks so much for the info. Supposeonly owing over $11000 they will settle for $2000. There are no debts/collections showing on his credit reports and the news from HR was the first time we've heard of this. I tell ya, these guys will try anything! I just had (today) Equifax delete 2 collection accounts and 1 judgment. My job has a strict policy about garnishments including termination. I advised my husband against speaking with anyone else from this company and I plan to seek legal representation concerning this matter. I witnessed the fraud occurring first hand. I am far from unreasonable, and I pay what I owe, if I owe. The card was open Dec.4th 2000-closed Sept. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. As with any negotiation, start lower than your target. Weigh the pros and cons of funneling money into wiping out debt versus the loss of money for other expenses. When you register for our products and services, we also collect certain personal information from you for identification purposes, such as your name, address, email address, telephone number, social security number, IP address, and date of birth. The collector must return your request before it can start trying to collect the debt again. If they don't seem to know enough about you, there's a good chance they're a scammer. IF you want it to not hurt you anymore, my suggestion would be if you owe, pay it. I do not owe anything. Single women own more homes than single men but get lower returns here are 5 tips to change that. not gonna wait for them to do what ever they want. There are a few things you can do to stop this process before it even starts. Helps credit card holders safeguard their ability to make payments. Negotiating a settlement for a single payment of less than you originally owed can make the debt easier to pay off. Remember, you have debt collection rights. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. I told them I never heard of them. Pre-qualified offers are not binding. It was paid off in ****. I want this to go away. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. If it's not, you have three main options to pay off a debt in collections: Heres a breakdown of each tactic to pay off a collection agency. As another example, many debt collectors cannot prove their case as required under the applicable Florida laws and rules of evidence. Comb through your finances to see how much you can afford to pay each week or month, whether it's $20 or $100. They are not scam artists, they just do not play nice when it comes to collecting money. the creditor is to accept a settlement. I say bring it on because I will sue the crap out of them right back.So let them bring it on! Information provided on Forbes Advisor is for educational purposes only. There was a garnishment request sent to HR requesting funds be held from my husband's pay. FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. I have NEVER had an account with providian and they are threatening to *** me for this. Select spoke withShelly-Ann Eweka (CFP, ChFC), a wealth management director at TIAA, who shares everything you need to know about debt collections. Break off contact with them and file a complaint. If the agency is unsuccessful, your creditor sells your debt to a collections agency (sometimes known as a debt buyer) for pennies on the dollar. How To Find The Cheapest Travel Insurance, according to new data released by the Consumer Financial Protection Bureau. Write them down. I Just received a summons from Schreiber and Cohen LLC Trying to garnish my wages for a credit card I never had nor used. I remember providian card open in my name with a credit line of $300.00 used once and was paid.what should I do? . Youll likely be informed via a letter in the mail, or a collector will start calling you.