First Equity Card.
A few days ago received a call from Oxford Law Office regarding First Equity Card account. Never heard of First Equity before and account had been delinquent for seven or eight years. First Equity closed and accounts were sold to companies like Genisis, Pinnacle, and others that buy these accounts for five cents on the dollar. Oxford had run information and asset checks on the name on the account and probably sent collection letters to all or just arbitraily assigned their collection efforts. It is a total scam. I don't understand how they can just file a bad debt report.
Would like to know what information others have about this. Thanks
WORST EVER. I wish there could be negative stars for this organization. Worst, most rude and disrespectful agents I have EVER encountered. My issue was erroneous and disputed but it took FOREVER to get that done. I cannot tell you how many times I was hung up on and how many times they refused to answer any of my inquiries. This place really needs to be shut down by the BBB. It is beside me how they are still allowed to function. It surprised me no one has gone postal on that place yet.
Crazy Company. I also recieved a third party attempt at collections for Pinnacle from Nelson Watson and Associates. I paid the bill in full in July 2008. IT IS STILL ON MY CREDIT REPORT TODAY AS UNPAID!!! This is insane. I contacted Nelson, Watson, Associates and they were very pleasant. They said that they had processed my payment onto Pinnacle in August of 08 and didn't know why Pinnacle was still reporting it. So I disputed it through Equifax, and Pinnacle came back with a report that I still had never made a payment! SO then I talked to a nice supervisor named Brent at Nelson Watson, and he said that the person he had processed my payment to at Pinnacle had gotten fired at the end of July 08 and nobody there had bothered to follow up on it. Pinnacle is really unprofessional. I think this might get resolved now in the next few weeks since I made Brent call Pinnacle and he sent me a letter stating it is paid in full, so at least I have something to show people running my credit report. But as of this date the Pinnacle charge is STILL on my credit report.
More Scamming. I too received a credit notice in the mail from a 3rd party stating the I owe $$ to Pinnacle. Once I called to investigate and dispute, I found out they are trying to collect unpaid utility payments for an account opened in 2003 that I'd vacated the year prior. Now I have to be the one to do all of the leg work to prove that the outstanding money (if there really is any) is not mine and that I was in fact living somewhere else at the time they claim I was there. What a gyp!
better business beareu. This site is rediculous, you cant say you will or are going to this site is a waste of time all the way , complete worthless waste of time, you can't mention words of taking to court????
what is this. i get a bill from nelson watson and associates llc for creditor pinnacle credit services from 2002 what the hell is going on ive never seen this on my credit report and i looked at it one month ago.. i think theres something wrong with this
Fraudulent derogatory credit entries, refusal to amend. What horrible dogs. Last July Pinnacle purchased an erroneous chargeoff from Verizon Wireless and began harassing me by telephone. I contacted Verizon immediately, and they promptly gave Pinnalce notice to cease collection calls and to remove any derogatory credit entries. I discovered around February 1, 2008, that Pinnacle had not removed the derogatory entries and contacted Verizon again, along with filing a dispute through the credit bureau. In two weeks Pinnacle has ignored both Verizon and my dispute while telling Verizon that they removed the entries.
DONT PAY THESE BOTTOM FEEDING COLLECTORS.
I Hope they burn in hell. They hide behind people's fear and ignorance of their rights They count on you not to bother reporting them to Federal Trade Commision, or state attorney general , or state liscening board or to your state rep or congress person. Make them afraid of righteous consumers take back your dignity take back you privacy take back your rights.
Never give in Never give up
Dont give these guys a penny or any personal info other than your address. Research your rights, fight them to the bitter end. They probably have no proof of any debt that would hold up in court so dont let "law suit or garnishment" frighten you into paying. Look up your rights and laws regarding fair debt collection act and then get $1000 from them for violating the act.
Each violation can=$1000. Of course if you want to negotiate before suing to give them a chance to remove your falsly reported debt from your reports and also ask for "monetary damages" for your mental anguish time etc
How can I take them to court? for what? How about reaging debt past statue of limitations? How about updating or continuing to report invalid debts they know or should have reason to know are not yours or are incorrect. ( ie after you asked to validate the debt they ignore you and than they dont remove from report, by reporting but not sending you validation even after you asked for validation that is considered continued collection activity
They knowingly report invalid information to INTIMIDATE BLUDGEON AND COERCE people to pay them to "Go away" or to stop the harassing calls.
This used to be called extortion if I came up to you on street and demanded you pay me for an alleged debt you owed , knocked on your door at all hours of day or night incessantly, came to your place of work and told people you were a deadbeat I could be arrested or civily liable for harassment or libel for those behaviors. So they use the phone they are protected from being criminally liable???
Sunshyne. Pinnacle is a big fraud. You know these collection companies buy old or written off debt from other creditors who have received payment via writing off the debt, and having default insurance. These kinds of companies like Pinnacle buy these old debts for $1, and then they pursue individuals by any means necessary. Most times unsuspecting consumers will contact the company, and unknowingly validate the debt by giving them personal information like the social security number, birth date and current address. Don't be deceived...if you don't recognize the debt, dispute it in writing...being careful not to divulge your personal information. If you really owed the debt and it was valid...these fools would already have your personal information!
PINNACLE CREDIT & STEVE ARE WORKING WITH MERCHANTS CREDIT GUIDE OF CHICAGO!.
It seems Pinnacle Credit and the Manager Steve are working with Merchants Credit Guide to scam
people over phony debts,and are being investigated by the FBI Washington DC,Chicago,& St Paul
,Minnesota! And I got Merchants Credit Guide to finally drop My case file,by seeking help from the
State of Illinois Governor,who contacted Attorney General,who send a Court Order to cease & desist
,which did the trick,now They won't bother Me ever again.And Steve at Pinnacle made like its favor to
drop the case,He drop it because He has no real proof!
I suggest You all contact Steve at Pinnacle at 1-888-809-2320.or 952-939-8100.and either state the
case or report Pinnacle to the FBI in Washington DC & St Paul,Minnesota and the Goverrnor of
Minnesota and the local officials in St Louis Park,Minnesota! And feel free to tell Him,.Rodney Souza
already has reported Pinnacle Credit!
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