NEED HELP !!! Sherman/Gulf State/Capital Mngmnt etc.
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by KathyD
(24.88.105.17) on June 18, 2003 at 14:16:46:
To cut a long story as short as possible ... here goes: For over 15 yrs, my husband was "on the road" - his work took him all over the U.S. - living in motel rooms for 2-3-4 days in each/every city all over the country. His mail was erratic to say the list (used the companies addresses that he worked for, in order to receive his mail. Goes without saying that most times he didn't receive it - not to mention the hectic lifestyle of moving from place to place all the time). Now, we're married and settled with our own business. I've been in the States for a little over 3 yrs (and am just getting in touch with what "credit history" is all about !!! I'm in the process of building mine ... ugh !!!). We both knew that he had 1-2 credit card problems from the past - that was, until we pulled up his credit history (all 3 Credit Bureaus) and found out that there's more going on than originally believed. BTW, we're in SC. Around 2 yrs ago, we received numerous phone calls from GULF STATE CREDIT regarding a "Citibank" credit card. We finally went ahead and began making $200/month payments (auto-generated checks went into our bank account from them every month). This is what's in the credit report re: CITIBANK Account No.: xxxxxxxxx
Type: Credit Card
Condition: Derogatory
Responsibility: Individual
Pay Status: Collection/Chargeoff
Date Opened: 02/01/1994
Date Reported: 01/01/2001
Balance and Limit: $5476 out of $4500
Payment and Terms: -
High Balance: -
Past Due: $2480
Remarks: Charged off as bad debt. Profit
and loss write-off *************************
GULFSTATE Account No.: Citibank xxxxx <--- different
account # than original Citibank
#!!! (although in
their "invoices/pay slips" they
have the correct CITIBANK account
number)
Type: Collection
Condition: Derogatory
Responsibility: Individual
Pay Status: Late 120 Days
Date Opened: -
Date Reported: 01/2003
Balance and Limit: Balance of $3508
Payment and Terms: -
High Balance: $5477
Past Due: $3508
Remarks: Collection account. Arrangements
made with credit grantor to make
partial payments
************************ FINAL PAYMENT to Gulf State was made on Dec 31, 2002 (THEIR check cleared through our bank on Jan 2, 2003). We ended up paying them $4066. They promised to NOTIFY all credit bureaus etc. Which they did NOT DO !!! I have to state here that every time I asked them what we owed, they'd end up "arguing" and being quite "nasty" - they told us we were in debt of "around $7000" (and they were doing us a favor !!!). Now, 6 months later - we received a phone call from "CAPITAL MANAGEMENT" - sales pitch over the phone, how they'll cut our "debt" in half for a "SHERMAN AQUISITIONS" that we owe. The amount we "owe" is OVER $3000 - but if we agree to pay them ONE LUMP SUM of $1,220, they'll crear it all up and NOTIFY everyone !!! Too good to be true - we're clearing up our credit and sounds like a good deal ...... We PAID !!!! No one was notified as promised !!! After that - yes, OUR BAD !!! We finally decided to GET A CREDIT REPORT !!! Should be looking better, after all, we ARE paying old debts ??? THIS is what we found in the CREDIT REPORT. SHERMAN ACQUISITION
Account No.: xxxxxxxxx <--- CITBANK's account
Type: Collection
Condition: Derogatory
Responsibility: Individual
Pay Status: Collection/Chargeoff (2 Bureaus)
Late 120 Days (1 Bureau)
Date Opened: 10/2002 (2 Bureaus)
- (1 Bureau)
Date Reported: 04/25/2003 (1 Bureau)
01/01/2003 (1 Bureau)
03/2003 (1 Bureau)
Balance and Limit: Balance of $3284 (1 Bureau)
Balance of $3224 (1 Bureau)
Balance of $3263 (1 Bureau)
Payment and Terms: -
High Balance: $4621
Past Due: $3284 / $3224 / $3263
(Each Bureau had a different
amount)
Remarks: Account seriously past due
date/account assigned to attorney,
collection agency, or credit
grantor's internal collection
department (1 Bureau)
Collection Account placed for
collection (1 Bureau)
Collection account (1 Bureau) *******************
Conclusion. We ended up paying an old CITIBANK credit card - TWICE. Two days ago I found this site and began reading up - and I got mad that we were swindled. We ended up in our Attorney's office and told him the story. He now wants us to prepare "letter forms" for each and every "account" and for each "credit bureau". I need some help please ? Where do I start. Can we get "Capital Management" to "refund" our money ? Can I get those scum-baggy "Sherman ASSkissitions" into court ? Thanks in advance .... and please forgive the long-story (btw, there's MORE where that came from ! grrrrr).
Follow Ups:
Post a Followup
|
