British humor – sex change to avoid debt collectors

While mostly hearsay, there’s probably some truth to these stories: Man had sex change to escape debt collectors A man from the West Midlands, who was believed to have debts of up to £50,000, had a sex change in a desperate bid to avoid debt collectors. Published: 8:00AM GMT 20 Mar 2010 The man, who [...]

Reader mail: Nelnet reporting "included in bankruptcy" despite payments

A reader wrote: I have been reading your posts over the last few days and found that many people have had problems with Nelnet. I was hoping you could direct me in the right direction since you have already gone through this. I declared bankruptcy in 2001 and included all my debts (including Nelnet) not [...]

Equifax sends notices to email after receiving SNAIL MAIL disputes

A client just posted an emailed notice from Equifax, stating that they received his disputes.  Strangely, he didn’t include his email address in the dispute letter. We assume they can see that he is an Equifax online subscriber when they process the disputes. I don’t think that’s appropriate when the email isn’t on the dispute [...]

AUDIO: Russell Malone – Mitchell N. Kay – obnoxious collection calls

The transcript of a message left on a voice mail by Russell Malone with Mitchell N. Kay: Yes, this message is being left for [redacted].  [redacted], this is Russell Malone, law office of Mitchell N. Kay. I’m calling in regards to an outstanding claim filed in my office against you.  Case number is [redacted]. I’ve [...]

OAN Services, Ideal Savings Now, Ideal Voicemail, AccessVM billing FRAUD

This SCAM isn’t directly related to credit and collections, but it explains why and how so many scammers get away with FRAUD. OAN Services seems to either sign up unsuspecting visitors of their websites for voice mail or they bill entirely fraudulent calls. You NEVER provide a credit card number and they add the charges [...]

Government to collect from SENIORS to support the financial elite

I just scanned this Full Report: The Economic Elite Vs. The People of the United States of America — an outstanding assessment of what’s going down and where we are today. … The Economic Elite have escalated their attack on US workers over the past few years; however, this attack began to build intensity in [...]

JP Morgan Chase sued for firing assistant VP who refused to misrepresent debts

According to the InsideARM article posted below, former assistant vice president Linda Amonte alleges that Chase had about 5,000 accounts with incorrect balances and did not have the court documentation for some 11,000 accounts with judgments that the bank said it had, misrepresenting those accounts to potential debt buyers. This is NOT the first time [...]

How to get a NEW collection account deleted and PERMANENTLY closed

You’ve probably seen the credit bureau investigation results with deletions of collections at credit repair sites along with claims of “proof” of their effectiveness.  Of course ANYONE who sends out a few disputes of old accounts to credit bureaus is likely to get NUMEROUS deletions. Because collections are often reassigned or sold and many collectors [...]

The NEW credit and collections news blog

After 6 years and 2,497 posts, even I have trouble finding my old posts at CreditSuit.org and I will be posting credit and collection news here. For daily news please check the Liars and Cheats HEADLINES with links to relevant articles and occasionally I’ll add my 2 cents here and maybe even in-depth analysis of [...]