Alliance Asset Management, Inc.

I am not sure if they are new or operate under another name. I had a pdl with Cash Direct Express myself and then this account was assigned to Alliance. After sending an email to Cash Direct Express directly letting them know I realized they were in violation of my state laws, they sent me a PIF and closed my account at Alliance. I never had a chance really to deal with this place over the phone and didn't know they could be so abusive. :(

OK, so I did not get any calls today. I am wondering if the AGs made contact. Yesterday, another girl called (who was actually polite) at work and I nearly lost it. I told her I knew she was only trying to do her job, but after the initial calls, I researched and found out your company isn't even licensed to collect in New York State. She didn't even know what that meant. She asked for me to hang on while she talked to her supervisor and put me on hold. Less than a minute later, she picked the line back up and then hung up. Good Lord!

Yesterday (Friday, July 20th) I received a collection letter from AAM. It is dated July 12th and says they purchased the debt from "Government Employee Credit Center."

I sent all those letters/complaints last week.

Now this morning, they call my home and ask if I am ready to resolve the debt. I stated the original creditor is/was not licensed to lend in New York State and (as far as I can tell) AAM is not licensed to collect in NYS. Where can I verify that? I thought I found a site the other day that gave the names of collection agencies licensed to collect in NY. Now I can't find it.

The girl I spoke to asked me if I was sure about that. I said yes and told her I filed complaints and she said she needed to transfer me to her manager. I hung up. I am so sick of this. Even though I have been down this road many times with collectors, it never fails that at some point it upsets me.

So...advice would be nice. Sit tight? Send more letters? Should I even respond to the collection notice considering I have contacted the AGs in three states, the FTC, the BBB and the original creditor?

Ho hum...

So I received a reply from the BBB regarding my complaint against this company. I am amazed at how quickly they replied. This past Saturday, the 21st of July, they called and I again informed them they are not licensed to collect in NYS. Their response to the BBB is dated the 21st as well. HMmmmmmmmmmmmmm..

In any case, the response includes contact information that may be helpful if anyone else has issue with them.

Okay I just heard from these guys for my Authorized Payday loan I had. Very rude, said they were going to call and verify my employment.... I got their address from another thread and going to be sending them a debt validation letter soon... But if anyone has anymore advice info, that would certainly be appreciated....

They're jerks...they will back down. Just send them the letter. If they continue to call, file complaints with the Better Business Bureau, the Federal Trade Commission and the Attorney Generals in both your and their state. They will back down.

Good to know, because I was a little worried.... Thanks!

Hopefully when others come across them they'll find this thread and can be helped too!

In fact I'll put their address in here too, for anyone looking for it.

Alliance Asset Management Inc
330 Georgetown Sq. Ste. 104
Wood Dale IL 60191-1890

These pople have been calling my cell and leaving urgent messages to call them back. When I spoke to one person she said I owed 600.00 to NetCash. I checked my old records and I borrowed 300.00 and paid back at least 270.00. Where did they get 600. They will send nothing in writing so I do not have an account number do refer to on the DV letter. They will have to look it up the hard way I guess. Thanks for the address Poko!

good luck frog!

These *censored* just called my 87 year old grandfather in reference to "an online debt" he's incurred. My grandfather doesn't own a computer and has never borrowed a penny in his life. They've asked for his SSN and banking info demanding payment. The thought of someone trying to rip my grandfather off or just speaking to him in the nasty condescending manor makes me want to do things I probably shouldn????????t say out loud. My father called and went at it and OMG I don????????t think they expected someone on the other end of the line like my father because as soon as they got *censored*, and they did, my father got *censored* ten fold. Any information on how to squeeze these people until they bleed (figuratively, of course) would be greatly appreciated, maybe even rewarded.

Yes they were also hounding me too,same old same old. Just send them a dv and c&d letter.they are unlicensed,so don't back down they eventually will.

You must be an employee, huh?

Called before, left message on my cell-I had no idea who these people were. Then I remembered, in 2006 they managed to attach my Bank Account for a bill that had been paid in 2000! I furnished the court (local/civil) with my pmt info and the matter was reversed. Of course I was never repaid the return check fees that were assessed as a result of my account freeze! These people are leeches! Update-another call this a.m. I answered but said nothing, apparently the woman didn't realize I was listening, she was calling from her home-yelling at her daughter for something. I did a reverse white pages check and investigated the company. Its this woman Christine Edwards listed as vice president and her husband - calling from a private line, registered to Asseet Management. No indication of licensing. (LLC) or anything-I'm in Jersey so I guess I'll start to annoy them now!

These #$@^ sent me an email for a bogus job.
A scam thats going around Australia...anything Alliance Asset
Management is a hoax....beware.....

I received notice that my defaulted loan through GECC had been referred to Alliance Asset Management for collections. I don't believe I've been contacted by them yet, but was contacted by what appears to be a scammer out of India this morning. Should I wait for them to contact me or should I contact them and try to make good on the loan?

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Thank you, Paul. I spoke to my attorney friend and the same thing happened to her with an old debt. It was suggested that I not return the call. I've spoken to all my lenders and have payment arrangements now in place with all of them, so I know this money would go nowhere, but India. It troubles me that this kind of information can be so easily commoditized, but I guess that's part of the problem living in the information age.

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They finally called my cell phone and left a message just asking that I call them because they can't release information on the phone. They did not call work. I'm trying to find out if GECC is a legal lender on Ohio or if Alliance is a legal collector in Ohio. This is the first time I'm dealing with collection agents, so I'm a little scared and feeling a little overwhelmed.

GECC is not a legal lender anywhere in the U.S. that I know of.

this "debt collection agency is located in the northwest subs of chicago...town is Wooddale...on itasca rd

This is a fraudulent company. I had a similar run in with them and shortly after our conversation I obtained proof that I owed nothing to the original creditor they claimed to represent. In fact my original creditor said they do not work with "collection agencies' because they have a collection agency within their establishment. I immediately reported Alliance Asset Management to the CA Attorney Generals office and to the FBI. Please do not give them a dime and if at all possible call your original creditor and make sure there is nothing owed. Also place a freeze on your social security number to protect you in the process.

I have been hounded by this company for days now!! I took out a loan on July 9th through Sure Advance (GECC), made one payment and then had to close my account because of some fradulent checks that were cashed. I was contacted on August 30th at work and asked if I could pay off the loan. I told them I'd have no problem making the $400 payment that was owed. They said they'd have to speak with the lender and put me on hold for a long time. I thought maybe I shouldnt wait on the phone (I was at work). Never heard back. They have been constantly calling my home and work (yesterday almost 10 missed calls from them) I called them back (Alliance Asset) and the man that I spoke with told me that I had defaulted and that they wanted to know if I had any legal representation so they could serve the lawyer and not me at work (save me embarrassment). It's been just 2 months, I have no problem paying the original loan, but they're now telling me that I have to pay $1400 and that I cant even try to pay because it's going to court. I told them that I was contacted once about payoff and the guy said 'Well they just dont wait, they dont put it through the entire collection process, they go right to legal action'. Now ordinarily I wouldnt be so panicked, but I'm in Illinois as they are and I'm not sure what step to take next. Any ideas??

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I have just recently had to deal with this company. I have a loan that I acknowledge I owe and could not make payments because of loss of some income. The loan place would not take any partial payments, only the amount owed, thus it is now in collections because I could not make the payments due to income being cut. I acknowledge the loan, and intend to pay it off but they gave me a hard time in saying they need the whole amount, which I cant swing, and saying if I don't have 10% to them by the 30th, it would go to further collection action. I am not going to have it and am worried about what can happen, does anyone have any advice on how to deal with these people, the reports I have been reading on them show them to be quite difficult to deal with.

I recently had to deal with Alliance due to a loan from a Check n GO that due to loss of income I defaulted on. I tried to make payments at the store that were less than owed due to financial strain but they would not accept the payment instead telling me it would go to collections. I finally spoke with an alliance rep after they got a hold of me and they stated they only accept full payment, which I don't have, or then saying I needed to have 10% by the 30th or further action would be incurred. I don't have that amount either. I acknowledge the debt, and fully intend to pay it, it is my responsibility, but am worried because I can't afford what they are asking, and from what I have read, they seem impossible to deal with. Does anyone know of any suggestions, or advice on what to do? Thanx in advance to all.

Hoo Boy! I had a run in with these turds last week. I panicked and have to change my bank account yet again, but my existing account is on a debit hold. I am going to file Chapter 7 because of some other, legitimate debts and six other PDLs that is straining my finances and have ruined my credit.

they've only called once.. and i didn't answer.. I live in Atlantic Canada.. which is way outside their range.. i'd like to know how they got my number..

I received a phone call from this place. I had a loan from The Cash Store that I defaulted on due to loss of income. The Cash Store wouldn't take partial payments from me at all. When the representative from Alliance called me today, I was explaining to her to please stop saying I refused to pay the loan, when they truth is The Cash Store wouldn't take any payment under $300. I was in the middle of explaining to her how if they would've taken partial payments, this debt would be less. She laughed and said I don't need to listen to you, you took a loan out that you had no intention of paying, you need to learn how to pay your bills, and she hung up. When I called back, I got a supervisor who amazingly had no record of my call, despite the fact that their recording says they monitor and record all calls. I do want to pay the debt, but I refused to be talked to like I'm a piece of crap.

I have received numerous calls from Alliance Asset; and I have zero debt, with zero history of any unpaid debt. I believe this organization is nothing but a scam phishing for gullible individuals that are willing to send money when pressured by scammers that use harsh tactics.

I dont have an answwer similar experience.they told me i better pay now , very argumentative said he was an officer of the law and demanded me to pay. tried to talk with person to make arrangrments. would not send me any information. he stated i said what i had to say and then hing up on me.

WOW! I am so glad I looked this up! Received a call from them today about a loan from March 2009. When I asked the boy "Jamie" for more information regarding this account he could not give me details as the account was sold to them and if I didn't pay today $600.00 they would contact my employer to get it direct from my employer. He used the same language and tone as with most of the other posts and then when he said "I am refusing to pay" I lost it and he hung up on me. I called back and just like others they had no recollection of my previous call and then I got him again. He again used the same m'fn tone with me and said that since I am refusing to pay they will take further action. I told him I needed to do some more research into your company and again I was hung up on. After reviewing all of these posts I will be writing many letters! Thank you.

If they refuse to give any info and refuse to give you an address for you to send a DV letter, then pretty much know its a scam outfit. Just from what you have written its a definite scam. What company was it? Do you have any PDL's, as most are illegal. If you have PDL's make sure you inform your employer your identity has been stolen and your info is out there and you have already been getting scam calls and threats to contact your employer-make sure they know this, and make sure if you do have PDL's you give your payroll a revocation letter revoking any and all rights for any one to get to your paycheck.

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These idiots have been calling me for a couple of months now. I like to play with them and act like omg I'm so sorry that I have a debt and then when they put the supervisor on the phone, I let them have it. The other night when I let loose they told me to go to hell and hung up. I laughed. I have closed the bank account that they think I have and now I just play with them like a cat with a mouse.