Comments on: Shady Practices of Financial Institutions

By: KELLY S.

KELLY S. — Wed, 07 Dec 2005 21:22:44 +0000

sherman acquisition is involved in class action lawsuit originating in Pittsburgh PA. They are very shady. They go by LVNV funding also and they are “re-aging” debts. They rarely respond to request for validation.

By: Joshua K

Joshua K — Mon, 25 Jul 2005 15:21:03 +0000

Ok, I’ve got some shady practices to report too.

LVNV Funding/Sherman Acquisition keeps swapping names on my credit report. I write them and ask for debt validation, and then it comes off my credit report for a bit, then goes back on with a different name.

Also,
CapitalOne who I have 3 credit cards through worked with another creditor, offering me a credit card for the debt that I owe.

By: Karen

Karen — Sun, 24 Jul 2005 05:35:11 +0000

Check out my blog (or Wenchypoo’s) for the scam Capital One pulled earlier this year…

By: Monty Loree

Monty Loree — Sat, 23 Jul 2005 01:40:02 +0000

I find that the banks in Canada are pretty straight forward. There are only 6 major banks here so they are pretty highly regulated. The problem with only having 6 banks is that they are extremely powerful and leave little control or negotiating room for the consumer. Financial Maturity Blog