Creditors Financial Group - Are they difficult to deal with?

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I was contacted by these people also. They were very accusatory and demanded I pay my bill of over $8,000 for a Credit Card through Bank Of America. I have no such card.

I was told that I have an alias, was from a different city and was not truthful in how I told them my name was spelled. I was told that all of this information came from Experian. I checked experian and none of the info was there. I called them back to confirm they had tha wrong person and they hung up on me. They called me back and said Bank of America (BOA) wants their money. I called BOA and they confirmed I have no debt owed to them.

After 8 hours, I spoke with the manager again, Ray, who AGAIN read off the specifics of the debt and AGAIN my name was not spelled correctly and lo and behold, the first 3 digits of the SS were not the same as mine.

Now I can return to bed with the flu and and they can go to, well, wherever people like them spend their down time.

I have been recieving calls from this company for months. I have no debt issues, no problems at all. I reported them to the "Do not call register" also. Today for the first time in months of calls at 3 times a day they had a new message with an extension. Previous calls did not have an extension, only recordings when I would call back. I called, a man answered, I refused to give him any information but the phone number to remove from their list and he told me my phone number is linked to 5 people (all of whom I do not know) are using my phone number on applications. ARGH!!!!! He was not polite, but either was I. He assured me he removed my phone number...time will tell. My only other solution is to change my phone number. I do not think this company is trustworthy, so beware before doing business...................

:mad:I AM SICK OF THESE NUTS!!!! EVERYDAY , AND EVERYDAY....Seriously now I am hot! Today it is Thursday and they have called me 4 days this week. It is illegal to do that. And this Alfalfa chick is really getting me hot. telling me she will call my family, friens and neighbors is she nuts. I told her the only reason she had a job is because GOOD people like me have fallen on tough times and she has to call and hag us . Oh help me God I don't want to be nasty like they are but WOW and I aggravated today. Not like we all don'thave enough to deal with. Today my heating stove is out....$$$$ So who will I pay them or get heat in my home???U all take a guess on that one.... I hope everyone GOOD person on here has a nice Christmas and Stay Warm.... Let Creditor Financial out in the cold....

i have been dealing with CFG since august. my grandmother had passed away, and one of her credit cards had been sent to collection. they had told me that i could pay a minimum of $50 a month. so i said ok. they have called neighbors, relatives, sending faxes to my job, calling multiple times a day from many different numbers. i spoke to someone, and as soon as i told him i was 21 and had to pay bills. i wasnt going to be specific about what kind of bills, because i'm not going to get that personal with a collection comany. he then gets an attitude with me, and i calmly say "i dont understand why youre giving me an attitude, i never once gave you an attitude at any point of this conversation" he then tells me that im lying to him, and then tells me about my bank activity, and claiming that my COLLEGE CHECKING account is really an estate account. the money that i have been recieving in my account is from one of my grandmothers policies that she had put me as her beneficiary when i was 12 years old. im only 21 years old and have no parents, and they dont understand that im trying to afford school and hes trying to tell me that the money isnt mine, its theirs, and that i have no right to use any of it. im so frustrated that im planning on paying the full balance, even though it's going to mess me up in the long run, because these people have me so stressed that i cant sleep at night, and i'm only able to eat one meal a day because i have no appetite. during the conversation i gave him the phone number to the life insurance company, and he said that he will call back tommorow in a conference call with them. as im typing this, i get a call on my cell phone from one of their phone numbers, and before i can even answer, they hung up. this is pure harassment and its making me sick.

I spoke with this aggressive and intimidating Co. today. They do not play above board and use horrible scare tactics! I will be researching a lawyer to help me with my very small debt oweing to them. DO NOT DO BUSINESS WITH THESE SHISTERS!!!!

I can only imagine the losers that work for this company. They do use horrible scare tactics and intimidation, they are truly the scum of the earth!

Does anyone have their address so I can complete my complaint form to the FTC??

Thats really going to scare them by not paying.....they dont care if you dont pay your debt, it only hurts you in the end

Pay your bills!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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OK, here is the deal. I place into custody applied on like a hundred websites next to vindication of a credit but they all flag me in second of miscellaneous reasons. A drawing lots of these sites colloquialism 100% accepted excluding I don't rile anything. Ideas?

Thanks to you all. This blog has really been an education for me. I've been getting calls from 877-298-2251...But, I no longer answer calls that are toll free or without names. I've been trying to work payment plans that I can afford with the creditors that I owe, but not with the collectors. I had simular experiences with a different collector to the point that I just quit answering their calls in case I might say something I might regret later.

I've been paying Creditors Financial Group for about a year and for some reason they have not cashed me last 2 month's payments. Does anyone know if they have been merged with another company or have gone bankrupt?

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I also have been dealing with creditor's financial and horrible woman named beth. I have been on a monthly pmt plan paying every month, more than I can afford now but now all of a sudden out of the blue she is threatening to sue me, put a lien against my home, etc. if I do not give them a lump sum. They have my acct. info since they rcv pmt every month and have said they are going to pull out the lump sum tomorrow. I called my bank to let them know what to watch for and to block it, is there anything else I can do along with filing formal complaint with ag's ofc and FTC? They also pulled the hang up game with me, which is fine, the less I have to talk to them the better! Any help would be greatly appreciated

Keep a check on your account to make sure that they can't take the money out of it.

How much so you still owe to them? I'd be worried about the certain change in their attitude. As I have mentioned in my earlier post they have also taken off their site.

If they want to sue then they have to go by the legal route, which I seriously doubt that they would. Have they validated the debt when you started paying them?

I'm in the process of writing a C&D letter to CFG. I've dealt w/ a woman named Tamara who was definitely rude but not as horrific as many of these stories I've read from others... However, after falling behind due to a tight student budget, I'm sending them notice that I will attempt to resolve the debt w/ the original creditor (Nordstrom).

Does anyone have their mailing address?

Mr. Johnson of CFG called me a bad name during our conversation, was very rude, and I instructed him to contact me via mail only from now on. These guys are losers.

I worked for a non-profit corporation that went out of business in June 2009. I had a business credit card in the companie's name, but it also had my name on it. Creditors Financial Group now has the file, and keeps trying to tell me that I am personally responsible for the outstanding debt and that this will be on my credit record. I know this is not true and I tell them that, but they keep trying. How can I stop this harrassment?

As I'm reading the all the coments and everything that is going on with Creditor Financial Group, now I dont work for them or think I can. But one thing that bothers me is that is a company like any other that is looking to get the money that is owed to them or on behave of another company, this is their job. Keep in mind that you already spend the money and they just are asking for theirs... If this was my company and other people owe me money I will most definally be looking for ways for my money to be paid back. CFG dont have to be nice since you still owe a debt and if you have a financial situation you should be more responsible for your actions with no excuses and after you are responsible then ask other to be as well..... Sorry but don't blame other for your own actions that got you in this....

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These people called my sister's house today, about me, and threatened her. How do I get them to stop? Does anyone have their address?

To the guy who is afraid of being sued by CFG, it will not happen. This agency probably owns your debt, they took a chance and bought it for pennies on the dollar. They usually say that they are collecting on behalf of a client, but that is a bogus loophole terminology that they are using.I dont know how much you owe, but say you owed 15,000 dollars. You honestly think they will pay a lawyer on there behalf , that costs them thousands. And they know the probability of collecting even 20 percent on the dollar is a long shot. All agencies like this have a formula when they purchase debt, they immiediately go after the full amount, and in some cases people are so afraid and pay it, but it is always a gamble when they purchase the debt.

I called Ray at CFG and he was nice and I settled my bill for agreat deal. My friend had the same type of an account...did not answer the calls and he got sued a month later. I suggest you work with them because it will save you from getting sued and they have better deals!

3131 South Vaughn Way
Aurora, CO 80122

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been working with CFG for a few months to pay off a debt. i've had the hang ups and demeaning phone calls, but i guess they suppose i am a waste of space and can be nasty to me. i cooperate and pay and still get treated poorly. just steer clear of emanuel, he is not any help. i thank those in these posts that have offered sound advice and knowledge.

:DI have actually had as "good" of an experience as possible with this company. My husband and I had a credit card that got way out of control and I lost my job so we owed over $20,000. I dealt with William Carroll, he has been our account manager since the beginning. We explained our situation and worked out a payment plan for $600 a month. Then things were tight again about a year and a half aog and so i called and requested that I lower the monthly payment to $300/mo. they accepted it. We are almost paid off and I have yet to have a real problem. We have never missed a payment to them, last Dec. I did call to see if they would let me skip the month of December so that I could spend some money on my kids, they said that if I did skip a payment that they would add the interest on the account that they stopped a few years back. It's understandable though. They work with a lot of folks that don't have the money or don't want to pay it. We spent the money on our credit card and we know that it is the right thing to do to pay it off. Although we probably wouldn't have been so responsible if my husband weren't in the Marine Corps, if you don't pay your bills and your creditors contact your command it can get you in some serious trouble. Basically, this company isn't hard to deal with if you have the means to pay it back. But just remember, don't take it personal, my friend used to work for a collection agency and said that they make commissions on the money retrieved, so the more they can get out of you the more they will...it's their bread and butter.

These people just recently started calling me, they haven't began harrassing me yet but thats probably because i don't answer when they call...I didn't with the last credit agency because i simply don't have the money to pay this...it's hard enough for me to pay the bills i need to pay but these people are calling me literally every day so I thought I would look them up and i'm glad I did. they can call my phone all day long but I wont answer them until i do have the money to get this bank of america paid off but once they start harrassing my family that will be the end of them. thanks everyone

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paulmergel, you nailed it. collectors posing as consumers is an increasing problem. Very self serving post. Keep calling them out.

I finished my response a little too soon. I went after Creditors Financial Group and they settled quickly. I can't give the terms of the settlement, but they had no problem making sure I would not sue them.

Filed Chapter 13 bankruptcy June 09 and listed BOA as creditor. They filed a claim against my bankruptcy like they are supposed to. Thought that was end of story. WRONG. Two days ago CFG started calling my daughter harrassing her. She was primary and me authorized user on the BOA credit card. They told her it didn't matter that I filed chapter 13 since SHE did not file chapter 13. That is not right. BOA could have done something before now but they did not - they filed a claim. I have no clue how CFG is but they said BOA called them because they still have not received payment thru the courts. This is not right. My attorney said to ignore them which is easy for me but not my daughter who they call every day. I feel guilty as heck because even though she got the card in her name it was for my use and she had nothing to do with it.

Don't threaten them, don't send them monies, don't talk to them... I called them 30 or 40 times a day without talking and got immediate attention. Every time they call any of my phones (home, cell, work, neighbors, etc), I call them back 30 or 40 times and they got the message. They even said "please don't call back." Can you imaging the gratification? Initially, they threatened to report me or talk to my boss or call my Mom, etc. I just kept on calling with MUTE ON, of course they know it is me that called their TOLL FREE number, I didn't care. I just wanted to get even. Eventually, they DON'T CALL ANY MORE. Nothing they can do or sweet talk you can save your credit rating, that's damaged already, unless you want to settle with ALL of your creditors. I couldn't and don't want to, so, GET EVEN and call them back...

Need a current address for them to send c & d for them. Anyone know if they will honor it?

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Can someone post the info on how to report CFG to the feds? Where do we write to be the most effective?

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anyone else deal with this company? I have an account with them that I want to settle.

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What is C&D letter CMRRR. I have tried to block calls that are from them, but they are still getting around the block. Calling very early in the AM & late PM.

Toots

I received my very 1st call from CFG out of Detroit, Mi about 90 minutes ago. The man stated his name was Mr. Jason Torrez. He told me that his company had been hired by PDL Ventures (a payday loan place that does that online) to collect on my outstanding balance. I informed Mt Torrez that several months ago, I had contacted PDL Ventures via email (it's all I had for contact info for them) to let them know I was filing for a Chapter 7. They responded back the very next day asking for my bankruptcy lawyers name, address and phone and fax number, and I immediately supplied that information. My lawyer had advised me at my very 1st meeting, that if I was being called by any creditor, to supply them with his info and the calls would cease. He also asked during that meeting if I had any payday loans and I did, with PDL. He told me to stop making payments because this would be included in the Chap 7 as well. I had not heard anything more from PDL since that time. I do not yet have a court date for the Chap 7 as I have had to resort to making payments to my lawyer. Once paid up, and I am almost there, then he will move on with it. I hate that I have to file for a Chap 7, but I am from Michigan....the economy is just bad, bad, bad.

Anyway, this Mr. Torrez told me that he was calling to see how he and I could go about setting up a payment arrangement, or paying the amt I owed in full. I reiterated to him about notifying PDL months ago. He then loudly informed me that obviously, I had not read the fine print at the bottom of my agreement with PDL. He said it clearly states that my payday loan would be exempt from any bankruptcy. I do not remember reading that and my computer crashed and had to be wiped out 3 months ago and I lost everything I had saved...including this payday loan info. He then asked me again, that we needed to set up some kind of a payment plan, or we could negotiate a reduced amt owed and set up a payment plan as well. If not?, then they were preparing to file suit against me for fraud. I said "Fraud"?..and his response back was that I must have intentionally taken this payday loan out without the intention of repayment and planned the Chap 7 before doing so. This is not true...I had made a few payments before I had no choice but to seek help with a bankruptcy.

I told Mr. Torrez that I was advised a long time ago by my lawyer to NOT, get into any agreements with any creditor. I was to call him and basically fill him in as to what the demand was. Mr Torrez said thats fine, but, your still going to be responsible for this payday loan. He said for me to call my lawyer the next business day (tommorrow) and to call him back no later than 3pm this coming friday (2 days from now) and inform him of what the lawyer said. I offered to this guy, my lawyers name and contact info and all he wanted to add to "the record" was my lawyers name...that was all. He said that if there wasn't a resolution made by the end of our call on friday at 3pm, they would be filing a lawsuit against me for intentional fraud.

I have read about the cease and desist letters for only mail correspondence, but honestly?...I cannot locate an address in Detroit, Mi for this company. All I have is the phone number and ext number Mr. Torrez gave to me. I don't know if this is for realz here or what...HELP??..anyone?

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Hello I am starting to get calls from cfg i owe bank of america. per the acct rep my balance is $12,864 but they will settle for $6700. sounded good to me. I told him to send me something in writing, problem is they want it all paid in one lump sum. I called the acct rep and advised him that I would like to make payment arrangements. He put me on hold, came back on the line, and said that he will lower my balance even further down to $3200. but still want this in one lump sum. I am awaiting something in writing again with the new settlement offer. Does this sound legit or what, it sounds to good to be true. I have until 10/22/10 to pay this settlement amt. they will then have this debt showing as a positive on my credit report. I just hope this isn't B.S. as I will have to borrower this money from my elderly parents. I don't want this debt to pop up again with another collection agency. By the way my acct rep was very nice and polite.

I received a call from a gentleman from this firm. He would not disclose his name or company. He asked me about my chase account & if I would like to settle? I told him sure for 1K from 10K he laughed at me & said it looks like you do not like to pay any of your bills according to your credit score. He stated that they were going to keep calling me & there was nothing I could do to stop it. I told him that he needed to act accordingly to the fair collections act. He started laughing starting calling me a tough guy & they were going to get there money no matter what. He was very rude & arrogant. I hung the phone up on him he called back asking why I hung up. I then had my recorder & stated I was recording this call, he stated so i'm I. after I told him again he was being recorded he no longer wanted to speak to me & hung the phone up

I would call Bank of america direct & settle with them. I settled with them instead of the agncy. My settlement was pennies on the dollar & they let me make payments @ the branch:D