The use of this website means that you accept the confidentiality regulations and the conditions of service. Even if I did, staute of limitations passed over 15 years ago. This is supposedly from 2003 or 2004 making this an approx 13 year old issue again past Fl. The court clerk will then attempt to reach the judgment creditor and, if their efforts fail, the money reverts to the state presumably to help widows, infants and orphans. How the debt collector will report the debt to credit bureaus. I looked up the bank and called the numbers and they were not work. Try a balance transfer card to get out of debt. Past performance is not indicative of future results. What do I do? 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. So, some debt collectors are real, and they're acting on behalf of the company to whom you owe money. They addressed me by my maiden name which I havent been since 2012. These were from 2001 (collections) and 2004 (judgment). First, if criminal activity was involved, contact your local law enforcement. My lawyer will be on them like flies on crap! In the future, collectors may be able to communicate via email and text messages, and would be limited to seven attempts of calls per week (per debt). Copyright 2013 Rudnitsky Law Firm . A large majority of debt lawsuits (over 90%) are against individuals who don't have legal representation. Even if your debt is already in collections, debt collectors are not allowed to lie to you, threaten you, use obscene language or harass you by phone. This is threatening our livelihood and my husband's health and reputation. I was issued a court order from ForXXX & GarXXX pertaining to a Providian bill I do not owe. thanks BBB is here to help. , which can offset some of the damage done by delinquent debt. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. OLD CC COLLECTION DEBT/RIP-OFF SCAM. They sued me andwent to court in 04 andI did nothing about it (dumb youth). Its going on the trash. There is plenty of information on them as a rip-off artists on ripoff.comandsuch on the internet but no information on the actual company. 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. 2. The new balance most likely reflects the interest which is common. It was a credit card bill that I had with Providian Financial back in 03. You may be upset, but trying to get revenge will not work. One million served! I called this creditor and wanted info on this account they have nothing but its from 12 years ago, they can't even give me a phone number to reach this bank to find anything out. Comb through your finances to see how much you can afford to pay each week or month, whether it's $20 or $100. I am actually going through this right now. Previously, she spent 18 years at The Oregonian in Portland in roles including copy desk chief and team leader for design and editing. For any questions or problems with your online bill payments (800 . Before Sean lead podcasting at NerdWallet, he covered topics related to consumer debt. Make sure the terms of this agreement are correct before making a single payment. This will surely increase the credibility of your complaint. Read more. If you are concerned that Sherman will screw you over (or even if you are not), I would highly recommend the following: 1. A very rude man at *********************** answered the phone. Rent, student loans and tax debts are other examples of what can get passed on to a collections agency. Explain to the creditor why you cant make full payment. They searched my social, name, and address. VERY IMPORTANT: send all this to Providian by CERTIFIED MAIL! Negotiating a settlement takes persuasion and caution. While on the phone with a collector, Tayne recommends taking notes throughout the conversation and detailing important information like who you are speaking to, the current balance and rate of interest. "A collection agency is a company that is hired by lenders, creditors, medical providers and federal and local governments to get you to pay or make arrangements to pay what you owe them," Eweka tells Select. thank u. 14 complaints closed in the last 12 months. IMPORTANT: STAY ON TOP OF YOUR CREDIT REPORT! This comment was posted by a verified customer. 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. Tried to explain that this was not my account. Subsidized student loans vs. unsubsidized student loans which is right for you? First, make sure this fits your financial situation. Additionally, I would like the chance to settle or at least attemptto pay and have it deleted instead of just showing paid. When I'm not writing articles, I author the Forbes Advisor Weekly Newsletter. I had purchased the illness protection insurance through Providian. Explain to the creditor why you can't make full payment. I just got off the phone with a collection company that is attempting to collect the balance of a settlement agreement I made with Providian National Bank over SEVEN YEARS ago! Finally, contact a major credit reporting agency. He is based in Ocean Shores, Washington. This complaint was posted by a verified customer. Be aware that they are counting on all of us to be scared of our credit rating being ruined by NOT paying for services NOT rendered! Weigh the pros and cons of funneling money into wiping out debt versus the loss of money for other expenses. Settle the debt for less than you owe. I have paideverythingelse off my creditand will pay this if needed. Break off contact with them and file a complaint. Some collectors refuse to work with the latter, but are obligated to work with an attorney. They are required to tell the other two agencies about your fraud alert. I sent them a reply requesting disclosure of this debt well over 6 months ago! They addressed me by my maiden . 9-26-2001 I submitted to Providian Credit Card Company a "Credit Protection Extension Request Form twice along with a medical letter. Under a federal law known asthe Fair Debt Collection Practices Act(FDCPA), this behavior is illegal. However, they may be able to leverage the legal system in surprising ways, like suing you or freezing your assets. Our lawyers and others will respond within 24 hrs! Ask yourself, Do I owe the money? Real debt collectors will often try to get payment quickly, but if your collector is being very pushy, you should be suspicious. Learn more. Supposeonly owing over $11000 they will settle for $2000. Scammers don't want to be found, so they often insist you make a payment by Visa gift card, iTunes gift card, wire transferor some other untraceable method. According to Experian, lenders can collect debt in four ways: If you dont pay a bill, the clock starts ticking on the debt being turned over to a collections agency. highland height. They are saying I owe $26, 365 but would accept $8, 081. to settle . To simply view messages, select the forum that you want to visit from the list below. Not only is that illegal, the debt has expired, so it is no longer legally collectible to boot! That bank no longer exists, anybody that calls you or tries to serve you any papers, you have to fight back. WHy can these guys get away with this. Do your research and always know what the total cost will be to hire help. Instead of immediately calling to try and resolve the issue, she recommends consumers take a moment to evaluate the situation and the path of resolution they want to go on. She began shouting, said, 'Oh, here we go, another f******* deadbeat. They also claimed to have been sending me letters which I have never received. Be sure to tell your creditor about any financial hardships you're experiencing, such as a recent layoff, furlough or reduction in working hours. The only thing is that I cannot find any recent information on Sherman. wouldn't give us any info, and wouldn't listen . I was going to reach out them once I got some imput on from everyone here. >>More: 7 Debt Tips from People Who've Been There. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. ComplaintsBoard.com is a leading complaint resolution website on the Internet. You won't go to jail for your debt, so if the collector says that you will, they're lying. There may also be other ways to defend against a debt collector seeking to collect an alleged Providian debt. Dont respond and file a complaint with us. 12 . BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Perhaps I should start sending out invoices for the time it takes me to deal these types of issues, my time is valuable as well.. 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. Never heard from them, or any collection agency about it, which tells me they accepted the settlement payment, the agreement also, & lived up to it. #1 Providian bank credit card 09-16-2015, 12:37 PM Today I got a call that I owed $2000.00 from providian credit card. So thats not really serving me. My work has been included in a variety of publications including Reader's Digest, NASDAQ, Bankrate and more. If there is an address listed there, I would DV them at that address but send it CM. The card was open Dec.4th 2000-closed Sept. My husband is an older gentleman with many health problems and this situation caused severe stress, anxiety, and even chest pains. Note that complaint text that is displayed might not represent all complaints filed with BBB. A partial payment on your credit report will crimp. If you know the debt is yours, you do have the opportunity to negotiate a settlement. Does Paying a Collections Account Help Your Credit? obviusly it was a foreign btch who could speak 2 or 3 words of english. If you are dealing with Providian or one of its other companies, under a different name, be sure you have paid them off, and be certain that they do not cheat you. Image Credit. 2023 Forbes Media LLC. Help! And you have rights as a consumer. I have Calvary portfolio collection agency, contacting me about a providian credit card from 2003. but every single month my bill shows 18.99%. I will not allow them to disrupt my life. Providian Financial locations 3.7 Pleasanton, CA 3.8 Arlington, TX 4.1 San Francisco, CA 4.0 Sacramento, CA 4.4 Fairfield, CA 4.4 El Paso, TX 4.2 Oakland, CA Show all locations What's being discussed at Providian Financial? The opinions you read here come from our editorial team. If it's not, you have three main options to pay off a debt in collections: This option can help you pay off the debt in a manageable way. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. Scammers like to use intimidation and fear to get payments. 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. wel we just got one of these people calling an old address . Be sure you set an amount and schedule that won't strain your budget to the breaking point. If they refuse to answer all of your questions, there's a good chance you're in the middle of a scam. That is what they charge me; 18/99%. If you are unsure of whether the statute of limitations has passed, the CFPB recommends contacting an attorney in your state. Debt is toxic when it costs you too much in money or lost opportunity or carries too much risk. The debt is over 3 years past the SOL. Commissions do not affect our editors' opinions or evaluations. These scammers can be very convincing, which is why you need to spot the signs of a fake debt collection: Real debt collectors already know much of your information e.g., how much you owe, your address, social security number, birthday, etc. In any case, the scammer will use all sorts of techniques to get you to pay intimidation, lies, harassment, etc. Postal Service charges $2.55 for a mail receipt and $1.25 for an email receipt. I told them I never heard of them. I'm pissed of because times are hard, and this is coming to light in the worst time of my life. Finance and CBS News Radio. Someone paidtheir own money, out of pocketin the past to cover your prior debt. Credit Karma receives compensation from third-party . They transferred me to credit card services to look up any old Providian accounts I might have had=none. We believe everyone should be able to make financial decisions with confidence. The most common types of debt that go to collections are credit card balances and medical bills, but there are many other reasons why people go into debt. "Sometimes people do not even realize they have some of their debts.". Debt collection calls are the cause of more complaints to the Federal Trade Commission than any other industry. I have several that will help. Providian/WaMu is reporting an old SOL credit card on my credit reports. Category: Legal. They said if i owed it would have been on my credit report by now which it isnt, and that most likely it might be a scam because their system says i owe them nothing. Because if you don't pay this, that is where you are going! If a judgement was entered and sherman is good at getting judgements, then it is going to stay on your report for 10 years from the date of judgement. Never pay a judgment unless you immediately get in return a signed and duly notarized 1) General Release and 2) Satisfaction of Judgment. Dont lose the ability to defend your case properly! Guess who wins. Sherman acquisition although they are ruthless, they are a legit company. HELP! In many cases you can pay the court clerk and they will record asatisfaction of judgment. "Sometimes, companies use collection agencies to service their debt collection process from the beginning, and other times it can take a longer amount of time," says Eweka. Show Less. I think you can correct this whole thing including the judgement - go to debtorboards.com and post your question. It also can lead to the debt being marked paid in full on. All he told me was I owed 5000.00 plus to Providian from 9 years ago that there was a judgement against me. International Association of Better Business Bureaus. What am I supposed to do with that if I cant get in touch with anyone from this bank? It is important to use an attorney experienced in defending credit card debt collection cases to maximize your chances of winning. The act protects consumers from abusive, deceptive and unfair debt collection practices such as limiting debt collection calls before evening hours, not allowing incessant calling or communication via postcard and prohibiting the use of violence or intimidating language from the debt collector. The bottom feeders are out and looking for anything they can get their hands. The scammer might. This option can help you pay off the debt in a manageable way. A female operator provided a case number and phone number of ************. not that I need itthe debt is NOT mine, Forxxx did not respond to my request of disclosure, this was not on my credit report (checked past 10 yrs. I have no contacted a lawyer to find out what's going on and what legal recourse I have. They are both reporting the same account and account balance. He asked me to make payment arrangements . http://www.astafraud.com/. I have read over several other complaints online and even read of a lawsuit that was settled back in **** alleging consumer fraud and deception. How can I find out who Providian National Bank is. I asked her for her name and she hung up on us. Select spoke withShelly-Ann Eweka (CFP, ChFC), a wealth management director at TIAA, who shares everything you need to know about debt collections. Get it notarized and send it to Providian and any other creditor listed on the collection letter. It's your word against theirs. If you receive "verification of debt" or "copy of judgment" go to This mini-guide will go over the following: Debt collection is the process of unpaid debts getting assigned to a collections agency. However, you have no obligation to use their services. The statute of limitations on a credit card in Illinois is 5 years from default or last payment, whichever is later. Plus, the Statute of Limitations has passed. Re: HELP! Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long but that doesn't mean it goes away. Ask them to place a fraud alert on your credit report. My job has a strict policy about garnishments including termination. 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. And I have either to pay $100.00 a month till the $2000.00 is paid or pay lamp sum of $1400.00 or it will continue the judgement process to my count. Write them down. Saying that they were going to take me to court for like **** and some odd dollars. so make sure they arent scamming first and do research before paying. This is absolutely absurd and I'm livid. Now, Chase is reporting the same account. These ratings and reviews are provided by our users. If u have any suggestions. Today i receive a phone from Resource Recovery trying to collect on a Providian National Bank. Worse, you can also lose the ability to dispute that you owe the debt. You seem to acknowldege the debt. That would include such things as payday loans, high-rate credit cards, rent-to-own contracts or extended car loans. 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 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 credit cardthat offers 0% interestfor a certain length of time (anywhere from six to 21 months). They guy was sooo rude & said that he advises me to get a lawyer. Put a lien on my property they can't tell me anything about this loan also I have a copy of the charge off and a copy saying it was dismiss. my close friend had a providian card back in the late 90's LATE 90'S AMERICAN PPL CAN YOU HEAR ME? Pre-qualified offers are not binding. Its expected to pass by the end of the year, so consumers should pay attention to the final changes. I want this to go away. I received a Marshall letter for garnishment Monday requesting the amount of $2, 308.55 of an unpaid balance owed to Providian Bank in which i never had. It was for Providian credit card, out of business now, has been turned - Answered by a verified Consumer Protection Lawyer . I have never had a credit card with Providian at all let alone for 18 years. Who would get the money. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. The debt may be completely fake, canceled, discharged, forgiven or beyond the period for collection. If you want to settle for 50% of what you owe, for example, try starting at 30%. Business Credit Cards. Never attempt to "scam the scammer." As with any negotiation, start lower than your target. This is false accusations, code violations and harassment. OLD CC COLLECTION DEBT/RIPOFF SCAM! good god our country is doomed. I also filed a complaint with the ************************* as they are threatening to *** me in court for debt that is not mine. If you opt to negotiate the debt, Tayne doesnt recommend giving an amount of how much youre willing to pay off. At the time it was sold, the Providian Bank had more than 10 million card holders. Keep in mind that not all debt collectors and creditors provide information to the credit reporting companies. How can they do this? What is up with this bank? When he's not writing about personal finance, Sean can be found digging around his garden, going for runs and taking his dog for long walks. The greater the debt and the longer its been in collections the more likely the creditor is to accept a settlement. BBB Business Profiles may not be reproduced for sales or promotional purposes. in money or lost opportunity or carries too much risk. http://www.palisadescollections.com/ The CFPB recommends creating a realistic repayment proposal that is based on how much you can afford in payments each month, after accounting for bills, other debt payments and emergency costs. I have never use Providian bank or ever financed anything in my life through them. Choose from our popular business credit card options such as low rate, cash back or flexible rewards to find the one that works best for your business. . Something went wrong. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. I want someone from *************** to call me and provide proof to me that I opened this account from over 20 years ago. The collection agency would give me no information other than the name of the company they were working for. Those lawsuits are not brought by Providian, which does not exist any longer; instead these credit card lawsuits are typically brought by debt collectors (for example, Arrow Financial) who have purchased the debt from Providian, or its successors: Washington Mutual (WaMu) Bank or J.P. Morgan Chase. Further information is available in our FICO Data Privacy Policy. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. Services that help with debt settlements include debt attorneys or debt settlement companies. I have read many of the complaints and urge you to go to the FTC site or your states Fair Debt Collection section and know your rights. The reason my husband got a providian credit card was. Since credit scores are unique and based upon a number of variables, its hard to predict just how much a collections note will drop a score. what is going on need help please. 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 page was generated at 05:43 AM. The problem isfiguring out who to pay or finding someone to reach a settlement with to pay it off. If the agency gets you to pay your debt back (plus interest and late fees), it gets a commission. All times are GMT-5. My credit report is clean. The options below all require at least a good credit score, so they are usually only effective to use before your debt falls into delinquency. ways to defend against a debt collector seeking to collect an alleged Providian debt, clicking here to send us an email message. Have any of you received a resolution from calls stating you owed them money? widgetinstance 213 (Related Topics) skipped due to lack of content & hide_module_if_empty option. Unless you made payments within the last 5 years, no suit can be brought lawfully, and the collector is violating the Fair Debt Collection Practices Act by making the threat. The collector cannot. So if this bank does not exist who is the money going to? can get debt collectors off your back and put you on the path to restoring your credit and reclaiming your finances. We will get you. Remember, you have debt collection rights. Hi. And be on the lookout for the signs of a debt collection scam. These agencies then take responsibility for collecting the debt on behalf of the original company; or, sometimes, the agency buys the debt and then collects it on behalf of itself. About the author: Sean Pyles is the executive producer and host of NerdWallet's Smart Money podcast. Im not a fan of making the first offer.. Presumably. I received nothing in the mail or otherwise stating that this would happen. Both of these banks were sued by many people for deceptive banking practices. Close. It's probably a scam, collection agencies usually send letters to your home to settle the debt before using other types of harassment. Today I got a call that I owed $2000.00 from providian credit card. It's 2016 and there still doing this. If a debt in collections goes away from your credit report in seven years, does this mean you shouldnt repay it? Do your homework. It was paid off in ****. I told the guy I have no idea what credit card hes talking about . I am not going to send mone to someone i do not even know. 0% APR on balance transfers for 12 months. DON'T LET THESE THIEVES WIN! If you have been sued on an allegedProvidian credit card debt anywhere in Central Florida, please call us right away for a free consultation about preserving your rights and a free evaluation of your case. Business & Economics23 In October, the acquisition of Providian Financial credit card company for $6.1 driven by our long track . Typically, collections remain on a credit report for up to seven years. highland height Ohio. http://settlementscams.com/debtcollector.pdf. Explain to the creditor why you cant make full payment. Vane. Great discounts from Great retailers and Online Access to your Credit Score. If the debt doesnt belong to you, you can dispute it. They were then rude to my mom saying, "look, if you want to dispute this, let me give you the number". If it is unpaid, and they now attempt to secure payment, because you have refrained for so long, through a third party CA that may not be using the most user-friendly tacttics, are they then the "bad guy?". All they gave me was the CC#. It should state: That the agreed-upon amount is sufficient payment for the entirety of the debt. Youve stopped checking your credit score. Every # that I find for Providian & I call is disconnected. Sherman AcquisitionsFinancial now has it and it is in judgment/collection on my credit reportsdue to be taken off my credit in December 2010. But then life got in the way you had unexpected travel costs or you had to replace your AC unit and you put all of that on your credit card bill, too. Instead, let the collector make the first move. According to Debt.org, there are three phases to debt collection: Six months is the general guideline, but according to Eweka there is "no set rule" on how many times you'll get a phone call or letter before your debt is turned over to an agency. I'm now being threatened with court, liens, bank account, etc . Many factors affect your FICO Scores and the interest rates you may receive. NerdWallet strives to keep its information accurate and up to date. I remember providian card open in my name with a credit line of $300.00 used once and was paid.what should I do? Read more on. If someone contacts you about a debt you owe, you can quickly identify whether it's real or fake. To stop the contact, you would go through the same steps as if the debt was yours:Ask the collector to verify the debt, and then dispute it in writing. I was a little relieved when I came on here and seen I was not the only one going through this. However, you need to assert those affirmative defenses promptly, or you may lose the ability to use those defenses later in the case, including at the trial of the credit card lawsuit. Ive called several different numbers for providian and no one seems to know what Im talking about.
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